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 Actuarial science career, Free Discussion

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H2O3
post Jun 27 2013, 10:57 PM

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QUOTE(Pistachio Lim @ Jun 27 2013, 10:43 PM)
oic...but i prefer to specialize in finance or ERM XD
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what do you mean to specialize in finance or ERM? you still can be a life actuary by taking erm route
just a little advice for you,only those actuary work in insurance will have study program.
Do not expect to get increament or reimbursement in other industries such as banking.
goldconnection
post Jun 27 2013, 11:28 PM

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QUOTE(H2O3 @ Jun 27 2013, 10:37 PM)
i am agree with wat sekkee and gold connection say.
my ex roomate is making more than 6k per month at the age of 24. You can get faster increament by passing exam.

general insurance does not have enough qualified actuary, you can try to go for p&c track. Most of the general/reinsurance company outsource their actuarial function.
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6K @ the age of 24? A bit on the high side. I heard even if you pass a lot of papers upon graduation, you wouldn't get much different pay than you peers who pass fewer exams as starting pay kind of standard at entry level and starting pay only 2.5K - 3.5K for any graduates? Or he passed exam aggressively after joining workforce?
H2O3
post Jun 27 2013, 11:36 PM

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QUOTE(goldconnection @ Jun 27 2013, 11:28 PM)
6K @ the age of 24?  A bit on the high side. I heard even if you pass a lot of papers upon graduation, you wouldn't get much different pay than you peers who pass fewer exams as starting pay kind of standard at entry level and starting pay only 2.5K - 3.5K for any graduates? Or he passed exam aggressively after joining workforce?
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entry level salary depend on paper u passed, i believe not much difference.
most fresh grad nowadays already gt 4/5 papers when they grad. My fren passed the fap and 1 felo level exam, i thk that already entitle him for more than 2.5k increament from passing paper.
jack~daniel
post Jun 28 2013, 07:59 AM

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QUOTE(Pistachio Lim @ Jun 27 2013, 07:42 PM)
I'm a girl, don't call me bro...I'm sponsord by government. Somemore, actuarial sc is elite course. Pls make sure u know something before u comment. Thx biggrin.gif
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sound not legit if u are under jpa scholarship, jpa never sponsor students to further their study in actuarial sc,..plus for those who study under jpa scholarship even under A level, they already chosen by government to study under specific course...sound weird if u ask wht course should u opt ....

actuarial science is not an elite course, only several universities offer that course which the entry requirement is low,...u dnt have to scare 4.0 in stpm in order to get into actuarial science...


TSPistachio Lim
post Jun 28 2013, 10:07 AM

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QUOTE(jack~daniel @ Jun 28 2013, 07:59 AM)
sound not legit if u are under jpa scholarship, jpa never sponsor students to further their study in actuarial sc,..plus for those who study under jpa scholarship even under A level, they already chosen by government to study under specific course...sound weird if u ask wht course should u opt ....

actuarial science is not an elite course, only several universities offer that course which the entry requirement is low,...u dnt have to scare 4.0 in stpm in order to get into actuarial science...
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Now new system is like this la, not same with yr generation maybe. We complete pre-u first, if meet the requirement then we will continue sponsored by government in degree...
kwh1989
post Jun 28 2013, 09:57 PM

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QUOTE(jack~daniel @ Jun 28 2013, 07:59 AM)
sound not legit if u are under jpa scholarship, jpa never sponsor students to further their study in actuarial sc,..plus for those who study under jpa scholarship even under A level, they already chosen by government to study under specific course...sound weird if u ask wht course should u opt ....

actuarial science is not an elite course, only several universities offer that course which the entry requirement is low,...u dnt have to scare 4.0 in stpm in order to get into actuarial science...
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just because you never heard of any jpa scholars doing actuarial studies doesnt mean there's none.

I am also a JPA scholar doing actuarial studies. graduated 1-2 years back.

elite course or not, the requirement to be a fully qualified actuary is no doubt not easy.


jack~daniel
post Jun 30 2013, 08:50 AM

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QUOTE(kwh1989 @ Jun 28 2013, 09:57 PM)
just because you never heard of any jpa scholars doing actuarial studies doesnt mean there's none.

I am also a JPA scholar doing actuarial studies. graduated 1-2 years back.

elite course or not, the requirement to be a fully qualified actuary is no doubt not easy.
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i was talking about jpa scholarship for those who study in oversea -A Lavel.....not local...to get jpa scholarship its very easy for those who study in local....even the field of study doesn't have prospect..

i know u want to defend yourself, but face the reality...most of student who opt to study in actuarial studies doesn't have good education background, 4 flat student will choose to study in medicine or engineering...that's the reality..

.the job not coming to u...but u must find a job...



kwh1989
post Jun 30 2013, 09:56 AM

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I am an overseas actuarial studies grad, sponsored by JPA, stop making assumptions about how the scholarship system works.

yes, to get into the the program is not hard, but upon 2nd, 3rd year, most of these "non 4 flat" students will drop out, it's not for everyone.

This post has been edited by kwh1989: Jun 30 2013, 09:56 AM
H2O3
post Jun 30 2013, 10:20 AM

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QUOTE(jack~daniel @ Jun 28 2013, 07:59 AM)
actuarial science is not an elite course, only several universities offer that course which the entry requirement is low,...u dnt have to scare 4.0 in stpm in order to get into actuarial science...
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your statement is refer to local uni or private uni? any prove for this?
jack~daniel
post Jul 1 2013, 10:06 AM

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QUOTE(H2O3 @ Jun 30 2013, 10:20 AM)
your statement is refer to local uni or private uni? any prove for this?
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both....u can check with kementerian pengajian tinggi....
jack~daniel
post Jul 1 2013, 10:20 AM

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QUOTE(kwh1989 @ Jun 30 2013, 09:56 AM)
I am an overseas actuarial studies grad, sponsored by JPA, stop making assumptions about how the scholarship system works.

yes, to get into the the program is not hard, but upon 2nd, 3rd year, most of these "non 4 flat" students will drop out, it's not for everyone.
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dnt belip unless u show ur offer latter from jpa rclxms.gif

 

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