Im going to graduate this year with a bachelor's of applied Finance degree. I'm also planning on doing a masters in Actuarial practice in Sydney for a variety of reasons. I'm on student visa so it will buy me 2 years to get some work experience while I'm in University to build my chances of getting a PR in australia. After that I'll have another 2 years to complete the requirements for the residency. The masters program from Macquarie University will give me exemption from 7 exams which is a huge plus point. Another plus point from my point of view is the network I'll have access to. The MQ actuary society is the most successful society on campus and I really do need all the support I can get. I had a completely different plan pre covid but considering all the options available to me including other factors not mentioned, doing the masters might be the best step forward in these challenging times. I might just be shooting myself in the foot but it's a tough decision to make and I don't see a good alternative.
University of Illinois Urbana-Champaign major in actuarial science and I want to double major it with something else like; economics, finance, math, statistics, or computer science.
I am thinking about the Concordia University. It's just that the school is located in Montreal so if working in Montreal I will need to learn french 😭.
i have a back ground of chemical engineering but currently am doing a degree in economics majoring in statistics but i still want to get an actuarial science degree prior a degree just in math and statistics. am just worried about the bunch of exams that are there to select one as an actuary. any advice please do deeply advice.
There isn't a requirement that you must do an actuarial science degree to become an actuary. Statistics and economics are relevant majors that can give you more flexibility too. As for the exams, you can start preparing for them now!
I'm getting my Bachelor in Applied Accounting this March. I'm thinking of applying for Master in Actuarial Science in Canada since it could get me pgwp and go on to PR visa along the way. Which program would you recommend more University of Waterloo or Simon Fraser University? Simon Fraser would allow a 3 year pgwp since its a 2 year program. S
There's really no right or wrong choice here! I recommend talking with an enrolment advisor at both of these schools to learn more about what the program offers, and if they have any internship/co-op programs you could participate in.
@@EtchedActuarial thank you I'll try contacting the enrollment advisors as you say. Do you think it would be easy to get an internship or entry level job as an international student in Canada if I could finish about 3 exams with the master degree? Since Actuarial Science is very popular now and is competitive
@@annaphyoe4661 Having 3 exams passed would definitely help! But it's also important to build other skills and experience to stand out. See this video for more information th-cam.com/video/abONBXBKP3s/w-d-xo.html
data analysis, computer programming, insurance knowledge, math proficiency are some. It may just be difficult for other non-actuarial employers to understand the full depth of your knowledge.
That's only for those viewers in Canada but it's certainly a "pro" for majoring in actuarial science. It also isn't guaranteed you'll get the credits though, and I believe that actually taking the exams rather than getting credit for them through that system is better so that candidates truly understand how much studying is required.
Hi! My expertise is with the actuarial environment in the US and Canada, so I'm not sure if it would be the same in India or not. I'd recommend checking with your local actuarial society to learn more. Sorry, I wish I could help more!
Thank you for your no bs approach! Saved me an entire degree!
Glad it helped :)
High schooler here... Seems like a cool and interesting job... Keep up the good work
It is! It's great that you discovered this path early on :)
Im going to graduate this year with a bachelor's of applied Finance degree. I'm also planning on doing a masters in Actuarial practice in Sydney for a variety of reasons.
I'm on student visa so it will buy me 2 years to get some work experience while I'm in University to build my chances of getting a PR in australia. After that I'll have another 2 years to complete the requirements for the residency.
The masters program from Macquarie University will give me exemption from 7 exams which is a huge plus point. Another plus point from my point of view is the network I'll have access to. The MQ actuary society is the most successful society on campus and I really do need all the support I can get.
I had a completely different plan pre covid but considering all the options available to me including other factors not mentioned, doing the masters might be the best step forward in these challenging times.
I might just be shooting myself in the foot but it's a tough decision to make and I don't see a good alternative.
Best of luck to you!
University of Illinois Urbana-Champaign major in actuarial science and I want to double major it with something else like; economics, finance, math, statistics, or computer science.
Very cool! Those are all great options. Keep us updated on what you choose and how it goes :D
Thanks for the information
You're welcome Arjan!
I want to go to the UIUC (Illinois University)
Dear Brea could you tell us about some other fields where actuarial skillset is useful other than insurance and related fields?
Thank you
Besides insurance, actuaries can be found in banks, government and consulting firms.
I am thinking about the Concordia University. It's just that the school is located in Montreal so if working in Montreal I will need to learn french 😭.
Good luck!
I want to go to UCalgary
Im considering going to either the University of Pretoria, University of Cape Town or University of North West. All of them are in South Africa.
That's great! Do any of them have co-op or internship programs?
i have a back ground of chemical engineering but currently am doing a degree in economics majoring in statistics but i still want to get an actuarial science degree prior a degree just in math and statistics. am just worried about the bunch of exams that are there to select one as an actuary.
any advice please do deeply advice.
There isn't a requirement that you must do an actuarial science degree to become an actuary. Statistics and economics are relevant majors that can give you more flexibility too. As for the exams, you can start preparing for them now!
I'm getting my Bachelor in Applied Accounting this March. I'm thinking of applying for Master in Actuarial Science in Canada since it could get me pgwp and go on to PR visa along the way. Which program would you recommend more University of Waterloo or Simon Fraser University? Simon Fraser would allow a 3 year pgwp since its a 2 year program. S
There's really no right or wrong choice here! I recommend talking with an enrolment advisor at both of these schools to learn more about what the program offers, and if they have any internship/co-op programs you could participate in.
@@EtchedActuarial thank you I'll try contacting the enrollment advisors as you say. Do you think it would be easy to get an internship or entry level job as an international student in Canada if I could finish about 3 exams with the master degree? Since Actuarial Science is very popular now and is competitive
@@annaphyoe4661 Having 3 exams passed would definitely help! But it's also important to build other skills and experience to stand out. See this video for more information th-cam.com/video/abONBXBKP3s/w-d-xo.html
@@EtchedActuarial thank you very much
I am considering university of waterloo or westren
Both great choices! Waterloo is probably a bit better known and has lots co-op opportunities. That is if you're planning to go for actuarial science.
What are the transferable skill one would gain from doing actuarial science that can be applied to other career paths?
data analysis, computer programming, insurance knowledge, math proficiency are some. It may just be difficult for other non-actuarial employers to understand the full depth of your knowledge.
What about UAP credits ......provided By CIA and other institutes of actuaries
That's only for those viewers in Canada but it's certainly a "pro" for majoring in actuarial science. It also isn't guaranteed you'll get the credits though, and I believe that actually taking the exams rather than getting credit for them through that system is better so that candidates truly understand how much studying is required.
Master in actuarial science from university of Windsor worth it or not?
Take a look at this post etchedactuarial.com/no-masters-actsci/
Is it a demanding job in india
Hi! My expertise is with the actuarial environment in the US and Canada, so I'm not sure if it would be the same in India or not. I'd recommend checking with your local actuarial society to learn more. Sorry, I wish I could help more!