I checked and found out that qualified actuarian in malaysia is actually less than 80. Is this course very very very hard to study and is the job opportunity wide? Those studying this or have informations on this, welcome to drop your comments.

This subject is actually very tough and you gotta be very good in maths. Currently im doing it and it requires a lot of practice, if you are those kind of person who can actually sit tight on the chair for few hours just to solve few maths equation. well you're qualified for that. other than that you need to be talented too, few of my friends decided to drop the subject because they cant cope up with the workloads.

Bro, where are you studying? I'm a maths craze.......

currently doing ADP, waiting to transfer to US

ahhhh.. i'm going to study actuarial science too. n i hope i wont giv up in the middle of the course

anyone can share their exam experience here? how much does one paper costs?? nid to take total how many paper?

If i am nt mistaken, there are 18 professional exams. (pls correct me if i am wrong)

alright if 18...then..is there any requirement to take the first exam?..

Ya,this sub really hard to study,and ur maths level is at least maths T of stpm.

Mathematics T is paper one or two?I don't really know it.

maths T has two papers..paper 1 and 2..paper 2 has statistical-related questions..

not maths L?
T = tulen or?
to me L = lanjutan

From what I've heard:-

1. There're 2 qualifications,namely degree and professional.The tough one ppl rave about is the professional qualification. The degree is supposedly easier,catered to the mass,and not that big a deal.

2.Job opportunities are supposedly low at the moment. (by this I'm referrin to course related jobs which supposedly pay zomgbbqcrazyhighsalary ) For example,the only defined benefit scheme for post employment benefit is that of the government's. All other companies use contributary schemes,which don't involve actuaries.

This post has been edited by ellimist: May 17 2008, 01:29 PM

So, this is a tough but not so demanded job?

my teacher got degree in actuarial science. now become math teacher...

it'll be my nightmare if i end up becoming a math teacher

Then why they call it mathematics S n T?

Anyway it is matematik lanjutan
the one that is recommended for those intended to pursue actuarial sci

as opposed to S and T

Is it called Further Mathematics T? I didn't take it in STPM. But in Uni sure gonna learn rite?

Maths T is Maths T
Maths L is Maths L

Maths T = Tulen = pure maths = taken by sci stream students
Maths L = Lanjutan = Further maths = taken as an additional subject and it is more advanced than Maths T

As what I know, some of my friends who were studying in Actuarial Science, now work as IT programmers. They said, to become qualified, one must sit in many exam papers and the fee is something around RM ... 5 digits

Wow....... but 1 question guys. After become qualified, will it be hard to get a connected and concerned job=job in this field?

in malaysia, it is wise to finish at least 4 pro paper before grad to secure job.

Just my opinion, I think this kind of job opportunity in Malaysia is still very limited ... I remembered (if not mistaken ) ... share companies ( saham )

sigh...limited and so hard to study..who dares to go into this field then?

Ya. think first. If you have background like relatives, parents, family members who are involving in this field or you are very talented in Maths and hardworking, you may give it a try.

extra extra extra hard!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

the course is hard enough, but the USA papers are WORST. really cham de one

p/s: i doing AS in utar, after 1st sem, 50 out of 200 drop out, then another 70 more drop out after 2nd sem, left 80. Now if i am not mistaken more than 30 drop out again, so.........this is oni year 1 btw

not surprising to hear that. a lot are going into AS for the high salary ppl are talking about it without realising how tough it is.

erksss...within a year range...already many dropouts...
most of the dropouts went for what then?

no pain no gain...
how long does it takes to complete all the courses?...

I think i can handle it. I have the desire and love for maths and i like challenges... However, is UTAR the only choice here? Singapore got any?

U makes me feel so scared

for singapore, nus have a joint degree wit anu(australia).. if i'm not wrong its a double degree..u can google it up..

i heard ppl say tat we need to study on ourselves in order to sit for those professional paper since lecturer aren't going to teach us some parts, is it true??

whr can i get those acturial science books? and how much does a book cost normally?

Be ready with RM10k for all papers... must pass every paper.

my friend taking this course at uk a now 'sangkut'..cont at local uni
is it really hard?

I think .. hard or not hard ... it's definitely depending on oneself. But, you must be very/ extraordinarily good in Maths.

RM10k for each single paper or RM10k for all the papers? I 1na be sure, btw, those are professional papers rite? Means only hold maybe once or twice in a year?

for all papers cost > RM10k...

the first paper will start with something around RM2k and get more expensive. Together about 9 paper ( not sure ... ). Imagine, 1 year for 1 paper ... you have to study> 9 years to become professional. Many students can pass the first 3 papers. But, you must complete all papers to be recognized as professional.

But, of coarse smart/ clever one can finish it by half time period ...

This post has been edited by work_tgr: May 19 2008, 08:47 AM

wa...per paper rm2k..so expensive that is...lol..looks like this is not only real hard but also real expensive..so..we can take it after having degree in any discipline rite?

normally u take the papers while u are working. companies normally sponsor the test. some even sponsor u to do masters. provided u have the potential to do well.

How ab the materials? hard to get? Expensive?

= =.. i think u should just focus on whether are u interested to study actuarial 1st...the materials and things lik that are not important as u can get them from ur seniors or universities bookshop... there's alot of actuary forum which can inform u about them later on

ya ... if can not do well in Maths calculations, better stop think about it.

I'm pretty good at maths but dunno still at my best onot, at my best, my teacher allowed me to skip class and helped her with her chores........

management, biz admin, mass comm etc

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Added on May 20, 2008, 9:04 pmbeing good in maths is only halfway thru, u must LIKE maths too

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Added on May 20, 2008, 9:05 pmgot so expensive meh? i oni pay USD300, material, i photocopy fren 1 XD it cost around USD75

This post has been edited by kanzakicyn: May 20 2008, 09:05 PM

USD 300? I tot you are in UTAR???? I love maths. Love the challenge in the solving process. Once i mastered it, i got bored.....

good for you. i never like maths. not that i am against it. i dislike the process of solving maths.maybe we should exchange quater of our brain, so you dont get bored easily and i like the process more.

we nid alot of reference books for AS?? i scared no money to buy them all.. haha.

Oppss... actually, I'm not that sure about the fee. But, I heard it from friend is something like that lah. mayb I am wrong.

Btw, which paper are you now ?

i going to take the p1 exam. My fren ass 3 edi lor >_<

ysh_kobe : USD300 and utar got what connection ah?

jerk : liking maths? no la, i hates maths, i always get bad result for maths, and add maths, but my parents push me in this field, so have to lo. Die also have to lor. But i am a person who like event managing and fashion design, so..........dun really have much choice. Gotta try and try and try try again lo.

Awesome.. you are really dare to take the challenge. Good luck.
But, I think you better consider it now. Next time, you are going to join in this field (not your parent), you already have a proper planning ? May b if your parents had set up the plan for you, that's different story.

actually i m planning 2 study acturial science as well
but still worrying dat dis course is too hard ...
duno whether i can take it or not ...

i was not doing well, then i researched i found out that tarc offer fashion designing course, but my mum say "NO" without question. Hence i just gotta stick with it.

no, parents have no plan 4 me. I dun really und ur statement, but i know what AS will lead to, i have FULL research in this field. And from a gal who almost fail maths and (until now) can't remember the multiplication table, and i ask my bf when i calculate something (additiona nd minus, i lazy to count) and now i am a KUMON HIGH LEVEL maths instructor.

When there is a will there is a way, its all in the mind.

when there is a will, there is a way...
i thk dis saying is really good ....

erm.. but tis course not only depends on ur effort rite. i think still some "talent" in calculating, am i right??

Sorry, have been busy these few days. I jz got informed that I'm offered for Actuarial Science in UTAR. i mean y we use USD to calculate when we are in Malaysia? Does that means all the books have to be ordered and not available in M'sia?

ysh_kobe, wat results u used 2 apply 4 acturial science in UTAR?

STPM. y?

juz wanna noe how well is de result required 2 enroll de acturial science in UTAR ...

owh.... at least i got a B+ for Mathematics T. and all C at least. but, to me their requirement is low d, the most important thing is .... is..... is..... is..... money!!!!!!!!!!!!

depends, some talent is needed yes when u wan deep deep understanding of mathematical theory. You see, when in actuarial science, you dont ONLY count, you use TONS and TONS of THERY and FORMULAS and try to apply in life. All of the mathematic text books, u will be suprice how little number there is and how much theory and PROVING there is involved. You will learnt hat maths is used in everyday life and allt he theory we try to understand is all life based except is potreyed in numbers.

and u learn that mathematicians are the WORLD LAZIEST people. XD Cuz all also use sign. Practically, the whole book is filled with signs and short abbrevations that if u dun google what does it mean, u practically cant continue / understand. Whole sentence of 30 words defined theory is simplified to few signs.

that is the headache part, to try to understand what to apply, when to apply. U have this situation, but u have MILLIONS of formula and theory and some contradic each other. So which one to use? liddat lo. Talent, ya....but if u wan to be a PURE mathematician and not an actuarist

omg!!!!
just b??
i thought the min requirement will be very high...

Basically, its like in Numb3rs. you enjoy watching the brilliant mathematics but you dun understand at all..... hahahaha. Private uni, sure ab money la...............

98% about money, 2% about results.

The UTAR person jz called me this morning, asking me whether I'm going, and ask me to bank in the money before 30th of may. Hahaha, i think UTAR's out for me, too high expenses, anyway, i can still be an actuary rite? as long as i have a degree, then i can proceed to take the professional paper. I heard so. IS this true?


This post has been edited by ysh_kobe: May 29 2008, 06:53 PM

ya its true. A number of qualified actuaries are formerly engineering. A word of caution, if u think its difficult becoming a qualified actuary having a degree relating to it, wat's the chance of u not having it?

y is UTAR out 4 u ?
if not UTAR..where else u wanna take dis course?

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Added on May 30, 2008, 2:08 amr u enjoying ur life studying acturial science?
did u regret taking up dis course?

This post has been edited by shimy: May 30 2008, 02:08 AM

I'm now officially out of UTAR 2008 May intake. the person cant wait, i said 10th of june they said cannot. they called me this morning and tell me to enrol in january 2008. bullshit.......

UTAR expenses too high then where expenses is low?

there ll still b another intake in september

sure? tat person told me january next year?

yea ... i m quite sure abt dis ..
cuz my lecturer told me dat there ll b 3 intakes a year ...which are jan , may n september ...

This post has been edited by shimy: Jun 1 2008, 03:27 AM

sep intake is not open for majority of courses. need to depend on wheater they want to open the actuarial science or not.
sure u out for taking lo. ppl already start new semester there == if wait till 11th june, thats already the 4th week for their acedemic. if u enter that time how u rush back wat they teach b4? lecturer will not repeat the lesson. they wil only straight forward to their schedule/

AS not open for sept intake



ya....where else lower?

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Added on June 1, 2008, 9:16 pmcuz this may intake got 200 AS student enrolled..... many ppl wan the space, waiting list very long also

This post has been edited by kanzakicyn: Jun 1 2008, 09:16 PM

wow..AS becoming more and more popular nowadays..previously ..many of us dont even know what AS is about.

AS, sounds good, looks good. Actual market good? GOOD.

But, its kinda of hard to study. And for the paper as well. The external paper is more valuable than UTAR own degree. So, as i mean, work hard for ur external paper.

UTAR degree is basically useless only the external paper can help you to become a register practising actuary

I would like to have a more specific understanding ab sitting for professional papers. If i'm not holding actuarial science degree, i heard I can sit rite? but then, is it any degree would do? an art degree also can? tell me guys.......

not sure if a degree is even required but any degree should do the job....preferably 1 which is related since you would not want to study the whole thing again right?

darkimage12, wat are you studying then? mind telling us?

This post has been edited by ysh_kobe: Jun 2 2008, 01:51 AM

first of all it's darkmage12 and not DARKI
secondly i dun like to share it

aiyah........ type name wrongly terus kena reject..............

UTAR doesnt hv AS 4 sep intake??
how can ?
i was thinking 2 enroll 4 sept intake ....sob sob

nvm, we go in 2gather in january 2009....

nid 2 wait till jan .. dats really long time 2 go ler

Why not find another place to take this course?

college/uni which provide this course r quite limited.
i only know utar, UM and another public university( i forgotten the name...lol) provide this course.
NUS oso provide the course( its a joint program wit ANU) but only very few are selected to be sent to ANU.
so basically in malaysia, Utar will be the easiest to access. And to some extend the cheapest.

This post has been edited by Flybaby~: Jun 2 2008, 10:59 AM

Um, ukm, utar, nus and even ntu provide this course

NUS does not provide the course plainly lik Utar.
to do actuarial in NUS u will have to be selected to do a joint degree with ANU(double degree of commerce+actuarial) after ur 1st year if i'm not wrong. if u r not chosen then too bad~, ur degree wont be an actuarial degree.
ANU will be the one providing the actuarial course while NUS provide the commerce/finance/business (i forgot which one d) part.
only a very very very small no. will be chosen.
on NTU i'm not so sure but it will not be plainly set out.

NTU and NUS degree are recognise by the british actuary board so no external paper require

it is?
as far as i know, NUS would not be the one providing the actuarial course but ANU will. NUS does not have a degree on actuarial science but have a joint program with ANU.
i obtained the info last year, so it might be irrelevant now.
for those interested plz do check it up with them 1st

dats rite ... there r really limited uni dat provide dis course .
n UTAR is de cheapest among all .....
where else dat provide dis course n de expenses wont b too high ?

That means the joint program with ANU is recognised that's all

if fees for AS in UTAR is the cheapest, is the degree worth in terms of recognition?

Hmmm........ I think UTAR sux..........

like i say no recognition at all

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Added on June 3, 2008, 12:28 amlike i say no recognition at all

This post has been edited by Darkmage12: Jun 3 2008, 12:28 AM

de most important thing is de professional papers rite?

of coz..........

haizz .... 4 poor student like me .. i can only take up dis course at UTAR laa ..
gotta wait till jan 09 ... sob sob .... so long .....

2gather wait la ....

i wont say where u obtained the degree does not matter.
u can do almost anything in the commerce field if u decided not to continue taking the professional paper.
u can also choose to take CFA paper after that.
so where u obtained the degree from does matter to a certain extent as employers might rate u according to where u study. if u obtained good result n from a reputable university,heck, they might even sponsor u to do master.

This post has been edited by Flybaby~: Jun 3 2008, 02:10 PM