I am considering actuarial science but i have absolutely no knowledge about computer science. Did you know some basing coding before college or did you learned while you were in college???
Wow, es la primera vez que veo un canal o algo relacionado con actuaría, es el primer canal de TH-cam al que me suscribo 👏🏿 //Is the first time i have seen a TH-cam channel of actuarial science and is also the first channel that i have been suscribe. Greetings from México
Hello! Maybe my question goes to other fields. As, a person I like analysis a lot. This year, I will gratuate from bachelor at economics. I will have scholarship to a master of my choice (only masters, not exams like CFA,actuary... Included ). So, I am in interest of risk analysis, predictions,... and analysis stuff with math, statistics, economics. And I am in the middle of finance and actuary. What should I choose? Some told me that an actuary can beat an finance analyst.
Did you have experience with coding in SAS prior to your work in actuary field? An actuary career has been my main ambition as of late, and I love your videos with your insight! thanks
Actuarial exams are sponsored by the SOA, CAS, CIA, etc. You have to study and write these exams outside of university academics. Good news is a decent amount of the content relates to finance. One should study about 300 hours for each exam. Ya want the salary ya gotta do a ton of work in the form of accreditation.
I have asked some actuarial master student it’s okay you have to be good at math but don’t really need high level math. I found that some of master in actuarial science said accounting degree still acceptable, but it requires linear algebra and statistic based on calculus but my degree didn’t teach linear algebra;(.
Hi thanks for your videos . How Manucho time I need to spend daily between college for my bachelors degree , homework or assignments and studying for 1 of the exams ?
Does the national reputation of a school matter more than its actuarial reputation or vice versa? I currently attend a top 25 school in the US but it doesn't offer an actuarial program (major or minor, although they are apparently working on a minor). I passed up schools that are centers of actuarial excellence but were not ranked nearly as well. One was a really large public, but not one of the public ivies. Another was a smaller religious private university that is not at all anywhere near the tops of rankings. To compensate for the lack of actuarial program, I've been looking to start an actuarial club at my school. But I'm constantly conflicted between whether I made the right decision or not. I felt I could pick a school without an actual actuarial major because I was told most of the studying is on your own anyway, but actually going through it now i am not sure. Others have said that actuarial science is a limiting major that only applies to actuaries, but if I'm pretty sure that's what I wanna do it would make sense wouldn't it? Lastly, are VEE's necessary to pass as an undergrad? I know you cannot apply for VEE credit until you pass two exams, but this goes along with the major. Centers of actuarial excellence ensure they have courses that give VEE credit, while at my school I had to like nitpick classes and try and find ways to fulfill VEE requirements. Do you have any advice for any of this? Sorry for the long comment/question
I live in Canada, and here we have a lot of schools that offer actuarial programs, so we tend to mostly hire from those schools, though not exclusively. I wouldn't say that a school's reputation matters here, but I can't say that that's true for every hiring manager. If you can't get your VEEs at school, you can always take extra online courses through the SOA and get them done. I wouldn't stress out about them. Try your best to get them done during your undergrad, but if you can't, it isn't the end of your actuarial career!
I'm a math and stats major at a CAE university in the US. You shouldn't have much trouble with VEE economics and accounting credits. Math/Stats and Finance/Econ are great majors to pursue actuarial science if you want to keep your options open--however VEE may take some strategy to complete at uni. The market for actuaries where I am is very saturated. Math degrees will always have more diverse demand than AS. I'm studying for the exams and learning to code to maximize my employability plus the stuff interests me. Hope that answers some Q's.
I was really struggling on deciding what career path to choose. I do like finance, and after the stats class I just had, I realized I enjoyed statistics more than other subjects as well. I was told about the actuary career by a family member, and I think after watching some of your videos, it has reinforced my decision to become one. Something funny: I actually had the question on whether or not to get my masters, or to take the exams, and you answered that for me. Thank You. Keep making videos. P.S. Do I detect some Scottish in your accent?
Love your channel! It gives me hope that I can actually be an actuary :) Do you have any advice for people who are career changing to become an actuary? Like what's a good pre-actuarial job? And once you pass an exam or two, are there any part time actuary jobs so that you can study and have a social life and keep your sanity?
It's definitely possible to find part time jobs, just need to make your case to your employer. Not every company will be open to it, but I've seen it happen
Do you have any advice for someone trying to review prerequisite math (so as to be able to start studying actuarial material) and no longer in school? Without the accountability provided by school how can you ensure you make good progress?
I'd say, make a schedule, and find a way to keep yourself accountable. Either by rewarding yourself when you achieve goals or telling your friends to yell at you when you fall behind. Self-study is a big part of becoming an actuary. Good luck 😀
im a freshman in college now and was told to take my first exam after this year (taking calc 3 this semester and linear algebra and intro to statistical modeling next semester). if I start taking the exams am I still able to change my mind in case I don't want to be an actuary anymore? I am most likely majoring in stats not specifically actuarial science
But is it possible? And thank you for always replying, I have 3 months to decide before applying to university and I really want to make the right choice.
All your videos encourage me to become an actuary (I want to experience the good and the bad stuff about it), I hope I can start my path as soon as possible. If you ever need a software developer you can call me!
#AskAnActuary I'm about to graduate college with a bachelors in Mathematics and a minor in Computer Science (I have a focus more on Pure Mathematics). When looking for a job for a Pure Mathematician, I'm finding next to nothing since I can't teach. I figured I could just take a few statistics and economics classes and just be an Actuary, but I'm afraid that the transition might not be that easy since there is such a difference between the 2 fields of Mathematics. Is there anything else you could recommend I do to make this transition?
I've heard that the entry-level job market is super competitive. That being said, I am skeptical about majoring in Actuarial Sciences and am thinking of majoring in Mathematics or Finance instead to broaden my job opportunities. Do you think a major in Actuarial Science is a good idea given the entry-level job market?
That's common sense to know the entry level job market is super competitive. Mathematics and Finance are too broad to give you good job opportunities. Your prospects are far better off with Actuarial Science if you want to be an actuary.
At the age of 14, I started practicing different programming languages. Now I am 16 and I am an excellent maths student sitting my CSEC math exam 1 year before. I am also an excellent Accounts student but I don't enjoy it. I am also one of the best if not the best physics student in my form(Hence my nickname). I planned on doing Computer Science but now I want to put my math and programming skills together. Takes my money invest it in real estate and stocks, grow and lead a successful life. Am I a good fit or should I do Computer Science only which I would enjoy more?
Are actuaries good at math or like math (like as in showing enthusiasm and the ability to bury their head with maths for hours) Im taking A lvls next year, can someone pls reply? Tq
Hello dear!😀 I am your subscriber for Nepal. You are absolutely awesome person and your videos are really appreatiable and I do admire the effort you put to give us idea about acturial science.😄 Would you mind providing me link of your FB ID or your viber number because I've got lot of questions about acturial science which is literally rattling me . I would consider myself really blessed and would be extremely grateful to you ! Could you please provide me?Please? Thank you for your kind cooperation ! Lots of love from Nepal!💖
Okay no problem. What I am eager to know is the justification about the intensity of difficuilty of become a fully qualified Actuary. How hard do we got to work and so on.... I humbly request you to share something about the intensity of difficulty to complete acturial science. Could you please do so?
+partha chalise , are u an undergraduate pursuing actuarial science in Nepal?, are there any good institute that you can consult , we can share some ideas on actuarial science ,i am also planning to write the exams. Btw i am also from nepal.
I was so glad when you said that it's alright to be bad at mental math! That was the one thing I was absolutely nervous about.
I am considering actuarial science but i have absolutely no knowledge about computer science. Did you know some basing coding before college or did you learned while you were in college???
I mostly learned on the job
same. How are you doing nowadays?
But what's an actuary?
Stop it with your sass.
stop talking to yourself :D
Don't know what you're talking about, Ryan
Guessing it has something to do with determining, using advanced mathematics and statistics, the best premiums for insurance companies to charge.
Wow, es la primera vez que veo un canal o algo relacionado con actuaría, es el primer canal de TH-cam al que me suscribo 👏🏿 //Is the first time i have seen a TH-cam channel of actuarial science and is also the first channel that i have been suscribe. Greetings from México
Do you have to be able to code to be an actuary? Is coding a part of everyday life as an actuary?
Have to? No.
In my job, I code almost daily
OMG i love your videos!!! low key falling in love with your personality
+mario ontiveros thank you 😀
Your videos are most awesome! Thank you for posting 😊
“At least somewhat enjoys math “😂😂💀
Can I ge an undergrad in economics or math if I want to be an actuary? my school doesn't have an actuarial science degree
Yes you can. To be an actuary you need to pass a series of exams outside of university. An economics or math degree would complement that 😊
Which University did you go to? What were your options? (I also live in Quebec)
Hello!
Maybe my question goes to other fields. As, a person I like analysis a lot. This year, I will gratuate from bachelor at economics. I will have scholarship to a master of my choice (only masters, not exams like CFA,actuary... Included ). So, I am in interest of risk analysis, predictions,... and analysis stuff with math, statistics, economics. And I am in the middle of finance and actuary. What should I choose? Some told me that an actuary can beat an finance analyst.
Could you please explain, What Programing language and coding needed for Actuary? R, Python, SAS or others???
You overall need maths for actuary. They only take in people who graduated from a math degree or economics degree.
Did you have experience with coding in SAS prior to your work in actuary field? An actuary career has been my main ambition as of late, and I love your videos with your insight! thanks
+Alan Le nope. Learned it on the job when I was an intern
What do you refer to when you say "writing exams"? I'm a finance and Econ major, is it part of the actuarial science study?
Actuarial exams are sponsored by the SOA, CAS, CIA, etc. You have to study and write these exams outside of university academics. Good news is a decent amount of the content relates to finance. One should study about 300 hours for each exam. Ya want the salary ya gotta do a ton of work in the form of accreditation.
What is the difference between being an Actuary and Actuarial research?
Hi Michelle. I'm in 1st year Actuarial Science. We're doing Python, I hate it so much. Is that a red flag?💔
Do you need to take pre-workout to be a good actuarist?
What do you think about accounting bachelor going to become an actuary?
I have asked some actuarial master student it’s okay you have to be good at math but don’t really need high level math. I found that some of master in actuarial science said accounting degree still acceptable, but it requires linear algebra and statistic based on calculus but my degree didn’t teach linear algebra;(.
I am senior year univ student hehehe. I am preparing my thesis to graduate
Hi thanks for your videos . How Manucho time I need to spend daily between college for my bachelors degree , homework or assignments and studying for 1 of the exams ?
Does the national reputation of a school matter more than its actuarial reputation or vice versa? I currently attend a top 25 school in the US but it doesn't offer an actuarial program (major or minor, although they are apparently working on a minor). I passed up schools that are centers of actuarial excellence but were not ranked nearly as well. One was a really large public, but not one of the public ivies. Another was a smaller religious private university that is not at all anywhere near the tops of rankings. To compensate for the lack of actuarial program, I've been looking to start an actuarial club at my school. But I'm constantly conflicted between whether I made the right decision or not. I felt I could pick a school without an actual actuarial major because I was told most of the studying is on your own anyway, but actually going through it now i am not sure. Others have said that actuarial science is a limiting major that only applies to actuaries, but if I'm pretty sure that's what I wanna do it would make sense wouldn't it? Lastly, are VEE's necessary to pass as an undergrad? I know you cannot apply for VEE credit until you pass two exams, but this goes along with the major. Centers of actuarial excellence ensure they have courses that give VEE credit, while at my school I had to like nitpick classes and try and find ways to fulfill VEE requirements. Do you have any advice for any of this? Sorry for the long comment/question
I live in Canada, and here we have a lot of schools that offer actuarial programs, so we tend to mostly hire from those schools, though not exclusively. I wouldn't say that a school's reputation matters here, but I can't say that that's true for every hiring manager.
If you can't get your VEEs at school, you can always take extra online courses through the SOA and get them done. I wouldn't stress out about them. Try your best to get them done during your undergrad, but if you can't, it isn't the end of your actuarial career!
I'm a math and stats major at a CAE university in the US. You shouldn't have much trouble with VEE economics and accounting credits. Math/Stats and Finance/Econ are great majors to pursue actuarial science if you want to keep your options open--however VEE may take some strategy to complete at uni. The market for actuaries where I am is very saturated. Math degrees will always have more diverse demand than AS. I'm studying for the exams and learning to code to maximize my employability plus the stuff interests me. Hope that answers some Q's.
Is programming skills more important than Math skills, I love math and am capable but I hate coding and programming
Math is more important for the exams, programming is more important on the job
Which paper should I give first(cm1 or cs1) if I'm preparing from ifoa ...and right now I'm in +2
I was really struggling on deciding what career path to choose. I do like finance, and after the stats class I just had, I realized I enjoyed statistics more than other subjects as well. I was told about the actuary career by a family member, and I think after watching some of your videos, it has reinforced my decision to become one. Something funny: I actually had the question on whether or not to get my masters, or to take the exams, and you answered that for me.
Thank You. Keep making videos.
P.S. Do I detect some Scottish in your accent?
Aw glad I could help! And no Scottish. Just Canadian. Any overlap is coincidence!
Love your channel! It gives me hope that I can actually be an actuary :)
Do you have any advice for people who are career changing to become an actuary? Like what's a good pre-actuarial job? And once you pass an exam or two, are there any part time actuary jobs so that you can study and have a social life and keep your sanity?
It's definitely possible to find part time jobs, just need to make your case to your employer. Not every company will be open to it, but I've seen it happen
Do you have any advice for someone trying to review prerequisite math (so as to be able to start studying actuarial material) and no longer in school? Without the accountability provided by school how can you ensure you make good progress?
I'd say, make a schedule, and find a way to keep yourself accountable. Either by rewarding yourself when you achieve goals or telling your friends to yell at you when you fall behind. Self-study is a big part of becoming an actuary. Good luck 😀
im a freshman in college now and was told to take my first exam after this year (taking calc 3 this semester and linear algebra and intro to statistical modeling next semester). if I start taking the exams am I still able to change my mind in case I don't want to be an actuary anymore? I am most likely majoring in stats not specifically actuarial science
Of course. You're never stuck in a given path. Change is scary, but its always possible and there are transferable skills gained along the way 😊
Did you gain any exemptions to certain exams because you majored in actuarial science?
Nope. Unless you count VEEs
But is it possible? And thank you for always replying, I have 3 months to decide before applying to university and I really want to make the right choice.
It is in some countries. To my knowledge: Canada - yes. USA - no.
@@Actuaryelle In South Africa you can get up to ten exemptions at university and then complete the other five while working
Thank you very much for your videos!!
You're welcome!
All your videos encourage me to become an actuary (I want to experience the good and the bad stuff about it), I hope I can start my path as soon as possible. If you ever need a software developer you can call me!
Hey Ellelle !! Are you on Linkedin ?
Hey I need help with an SOA Question
#AskAnActuary I'm about to graduate college with a bachelors in Mathematics and a minor in Computer Science (I have a focus more on Pure Mathematics). When looking for a job for a Pure Mathematician, I'm finding next to nothing since I can't teach. I figured I could just take a few statistics and economics classes and just be an Actuary, but I'm afraid that the transition might not be that easy since there is such a difference between the 2 fields of Mathematics. Is there anything else you could recommend I do to make this transition?
I would start on your actuarial exams. It makes you more employable
What kind of program will you recommend for beginners like me I mean entry level.
What do you mean by "program"
Soi have to know how to code to be an actuary ?
I've heard that the entry-level job market is super competitive. That being said, I am skeptical about majoring in Actuarial Sciences and am thinking of majoring in Mathematics or Finance instead to broaden my job opportunities. Do you think a major in Actuarial Science is a good idea given the entry-level job market?
That's common sense to know the entry level job market is super competitive. Mathematics and Finance are too broad to give you good job opportunities. Your prospects are far better off with Actuarial Science if you want to be an actuary.
I'm biased towards the actuarial science degree, because it worked out for me...
I don't really like a lot of programming, I'm a core maths and stat person, and currently work in the bank, will actuary be good for me?
I cant answer that question for you
How much it takes average time to become a fellow?
Do you have to do presentstions at lot at work? I'm thinking about being an actuary but hate presentation
Define "a lot"
@@Actuaryelle
Weekly? Monthly? Or not at all? Thx
Closer to monthly. Sometimes more often. Sometimes less.
At the age of 14, I started practicing different programming languages. Now I am 16 and I am an excellent maths student sitting my CSEC math exam 1 year before. I am also an excellent Accounts student but I don't enjoy it. I am also one of the best if not the best physics student in my form(Hence my nickname). I planned on doing Computer Science but now I want to put my math and programming skills together. Takes my money invest it in real estate and stocks, grow and lead a successful life. Am I a good fit or should I do Computer Science only which I would enjoy more?
I wanna invest in real estate and stock as well I feel like it’s the most successful path with out student loans and tax
I’m a finance major but I’ve been telling my people about this but they don’t trust in it
What do actuaries do with programming?
They program... Ok seriously, actuaries do NOT number crunch by hand/calculator, they write or use basic programs (excel/VBA/SASS/etc.) to do this.
Great channel
You are amazing!!!
Thank You!
Hey! Which country needs more of Actuary?
Not sure. What country are you in?
@@Actuaryelle India
Hi~~ you are awesome!! What university did you study? I want to study actuarial science in Canada, too!!
I'd rather not say where I went. Have you started applying to schools?
EllelleActuary ohhh! Sorry.
I want to study in waterloo university - master of actuarial science. I'll apply in September. So nervous ~~~
Good luck!
How long do you take to become a fellow?
+Hui shing hon I did it in a little over 5 years
Is there an age limit to these test like must be above 20 or certain age? Can a non-acturial science student write actuarial science papers?
No age limit. I know a 17 year old high school student who passed 2 exams
"Engineering math vs actuarial math". "Actuarial math is just cooler, cuz like, we cool". Lol thanks.
Can one study actuarial science online?
I just answered this in my latest live stream! Thanks for the suggestion!
My goodness...you're adorable!
What means "basic communication skills"?
+David Miranda the ability to express yourself and your findings both written and orally in such a way that other people understand you
Which university did you go to?
I dont share that, sorry
You are fucking crazy... And that's why I really LOVE your videos ;)
😍😍😍😍
Are actuaries good at math or like math (like as in showing enthusiasm and the ability to bury their head with maths for hours) Im taking A lvls next year, can someone pls reply? Tq
Some are more, some are less. Depends on the person
I could swear this chick is an actor. Would never say she does actuary lol
You've clearly never seen this chick try to act, or youd know she isn't an actor 😂😂
Hello dear!😀
I am your subscriber for Nepal.
You are absolutely awesome person and your videos are really appreatiable and I do admire the effort you put to give us idea about acturial science.😄
Would you mind providing me link of your FB ID or your viber number because I've got lot of questions about acturial science which is literally rattling me . I would consider myself really blessed and would be extremely grateful to you ! Could you please provide me?Please?
Thank you for your kind cooperation ! Lots of love from Nepal!💖
+Partha Chalise unfortunately, I do not do individual coaching, but I am happy to answer questions left in the comments on my videos
Okay no problem.
What I am eager to know is the justification about the intensity of difficuilty of become a fully qualified Actuary.
How hard do we got to work and so on....
I humbly request you to share something about the intensity of difficulty to complete acturial science. Could you please do so?
+partha chalise , are u an undergraduate pursuing actuarial science in Nepal?, are there any good institute that you can consult , we can share some ideas on actuarial science ,i am also planning to write the exams. Btw i am also from nepal.