Actuary Vs Accountant

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  • เผยแพร่เมื่อ 23 ธ.ค. 2024

ความคิดเห็น • 235

  • @HarvinderSandhuEsq
    @HarvinderSandhuEsq 7 ปีที่แล้ว +475

    accountants account for the past, actuaries account for the future

    • @johnsmith3136
      @johnsmith3136 7 ปีที่แล้ว +8

      Harvinder Sandhu wait till the quants come

    • @seemaatif2709
      @seemaatif2709 6 ปีที่แล้ว +4

      Simple,short and exact explanation

    • @gabrielbrewster107
      @gabrielbrewster107 5 ปีที่แล้ว +4

      Their are different kinds of accountant, "management accountants" are foward looking

    • @vukosimabuza9161
      @vukosimabuza9161 2 ปีที่แล้ว

      This is an uninformed statement

  • @njclondon2009
    @njclondon2009 7 ปีที่แล้ว +32

    I totally agree with your vid. as an actuary, for career progression, I feel an accountant is more likely to scale the corporate ladder, quite simply for all the reasons you said... because they are slightly more rounded. They need to know accounts, finance, economics etc like an actuary, but they also have better understanding of tax law, accounting (obviously, but given accounts are the lifeblood of a company, having an expert in accounts in charge is preferable to an expert modeller) and they are closer to the cashflows and strategies of a company. And accountants in my experience are less risk adverse and crucially, more sociable! Nevertheless, actuaries will have more mental simulation in their role and will still get paid well, especially if you don't want too much stress and prefer a normal 9-5... so not all bad :)

    • @noir935
      @noir935 7 ปีที่แล้ว +1

      njclondon2009 bro what are you talking about a actuary is more well rounded the a accountant

    • @njclondon2009
      @njclondon2009 7 ปีที่แล้ว +1

      as an actuary I stand by my opinion. I should of been an underwriter if I started again. not a personal lines underwriter, a London market underwriter.

    • @bighands69
      @bighands69 6 ปีที่แล้ว

      +njclondon2009
      Being an actuary can be the first stepping stone if you so desire it. I have come across actuaries that have gone on to be financial analysts and all manner of things.
      I have come across directors of finance who were actuaries and earn several figure sums. I know an actuary that went on to be a Barrister.
      Have you ever considered a masters in economics if you already have not done so if you have a degree in mathematics it would be a breeze for you.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      @@noir935 disagree, actuaries are mathematicians and stats geniuses but not much else

  • @sobhan8735
    @sobhan8735 5 ปีที่แล้ว +70

    I loved the part where you talked about actuaries' social life!! :D

  • @techwealthalchemy
    @techwealthalchemy 6 ปีที่แล้ว +40

    When I started studying Actuarial Science back in 2012, We were never informed about the seriousness of Actuarial professional exams now I'm studying more than I have ever to pass altleast 12 papers, Actuarial is tough but it's worth it.

  • @mariop2342
    @mariop2342 5 ปีที่แล้ว +6

    Hey MJ, could you make a video to give us your insight about actuaries vs people who work in quant finance(financial engineers, risk managers) , like what is the difference in what they are doing, work life balance, future job prospects etc ??

  • @gabrielbrewster107
    @gabrielbrewster107 5 ปีที่แล้ว +9

    I wanted to be an actuary, and was doing a degree in maths. I switched to acca. Maths was WAY harder.

    • @NickVetter
      @NickVetter 4 ปีที่แล้ว

      How far did you make it in math

    • @ilyHersheys
      @ilyHersheys 4 ปีที่แล้ว

      What is acca

    • @gabrielbrewster107
      @gabrielbrewster107 4 ปีที่แล้ว

      @@ilyHersheys Association of Charted Certified Accountants. (it's british based)

    • @gabrielbrewster107
      @gabrielbrewster107 4 ปีที่แล้ว

      @@NickVetter
      about halfway through.
      Math is very hard degree.
      I could probably do it now, as I am alot older.
      But I was working and doing evening classes.
      It became over whelming for me.

  • @actuarialhistory8741
    @actuarialhistory8741 4 ปีที่แล้ว +6

    The actuarial professions rarely tell their members all that is happening in their monthly magazine or on their website. We bring you the missing information and useful history.

  • @lorrishalawangee6033
    @lorrishalawangee6033 6 ปีที่แล้ว +11

    Looks like I studied and did articles with your brother 😊

  • @mancinellismathlab7451
    @mancinellismathlab7451 7 ปีที่แล้ว +9

    Great video, Actuary science is superior imo. An actuary is more versatile and thus has the ability to contribute to a wide variety of functions throughout a company. This also makes the work of an actuary more interesting, imo.

  • @alithesword2183
    @alithesword2183 6 ปีที่แล้ว +17

    I acctually want to be a mathematician but I'm nervous about my future salary .

    • @PLP0321
      @PLP0321 4 ปีที่แล้ว

      A year old but can I ask if you still pursued a math degree?

  • @pranavdixit6157
    @pranavdixit6157 4 ปีที่แล้ว +3

    2:39 did nobody notice my guy put witwatersrand with harvard and Oxford 😂

  • @Ditiro100
    @Ditiro100 4 ปีที่แล้ว +7

    Hey MJ
    I'm a graduate of Mechanical Engineering. Lately I've been hating Engineering and I have a passion for mathematics, I feel like Acturial science is something I'd love to study.
    I'm 27 now, I was accepted at University of Pretoria South Africa but I chose to let it pass for now and hold it off till next year. Do you think it's too late for me to become an Actuary? As I'm 27 now.
    I dont want to take the exams as I know I won't make it as it's been a while since I was in a class...

    • @MJtheFellowActuary
      @MJtheFellowActuary  4 ปีที่แล้ว +3

      you are never too old to start and besides 27 is still young.

    • @Ditiro100
      @Ditiro100 4 ปีที่แล้ว +3

      You are my hero man! I mean that from the bottom of my heart, one say hopefully I'll bump into in Pretoria or JHB... May God bless you my brother!

  • @matthewbrown6163
    @matthewbrown6163 3 ปีที่แล้ว +2

    Well I started in Accounting & shifted into Risk Management but settled on Actuarial Science.

  • @JC-ce8uw
    @JC-ce8uw 6 ปีที่แล้ว +4

    I studied accounting and finance but I hate it so much !!!! the only subject I liked was financial management /performance management manipulating no.s and all the equations. Was fun .I really don’t know what to do🙁

  • @ogalaletsengkeoagilepule1474
    @ogalaletsengkeoagilepule1474 5 ปีที่แล้ว +2

    What is the difference between actuarial science and actuarial analyst?

    • @MJtheFellowActuary
      @MJtheFellowActuary  5 ปีที่แล้ว +2

      Actuarial science is the subject and an actuarial analysts is a job position.

  • @ethanedens8688
    @ethanedens8688 7 ปีที่แล้ว +15

    I want to be an actuary.

  • @MJtheFellowActuary
    @MJtheFellowActuary  5 ปีที่แล้ว +2

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  • @pranavdixit6157
    @pranavdixit6157 4 ปีที่แล้ว +9

    They aren't really similar career pathways in any way. Actuaries are math geniuses while Accountants are business linguists.

  • @aadyasrivastava371
    @aadyasrivastava371 5 ปีที่แล้ว +4

    still wondering what to go for - actuary or accountant? :D

    • @Sarah-ho8dz
      @Sarah-ho8dz 5 ปีที่แล้ว +1

      omg same

    • @aadyasrivastava371
      @aadyasrivastava371 5 ปีที่แล้ว +1

      @@Sarah-ho8dz high five!

    • @thesenate9623
      @thesenate9623 5 ปีที่แล้ว

      Same, although I'm edging more towards becoming an actuary.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +2

      Good at maths, willing to take risks for higher pay: Actuary
      Good at business and commerce, risk averse, wants job stability: Accounting all the way

  • @melisamani4299
    @melisamani4299 7 ปีที่แล้ว +2

    Dear MJ did you say Actuary student need to pay to join to workshops?

  • @Noluthandozulu1994
    @Noluthandozulu1994 7 ปีที่แล้ว +2

    what "wider" fields can accountants and actuarial may get into?

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว

      Blockchains is the new wider field that everyone is currently excited about

  • @pemberayimuvezwa4856
    @pemberayimuvezwa4856 7 ปีที่แล้ว +2

    MJ how can you elaborate on why you say an accounting degree is relatively the same as an actuarial degree with respect to difficulty?

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      😂 Accounting degrees are much, much easier than Actuaries degrees, despite Accounting still being a difficult and very 'taxing' major. Says more about how difficult actuarial science degrees are.

  • @vixx4970
    @vixx4970 4 ปีที่แล้ว +3

    Can a person who graduated in a degree of becoming actuary can become an accountant?

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      Anyone with the skill, determination and hard work can become an accountant, it's not limited by your degree choice. Actuarial science probably prepared you better for Accounting than every other non Accounting degree.

  • @miadupreez408
    @miadupreez408 7 ปีที่แล้ว +80

    I myself changed to Actsci from accounting after my first year... and I've NEVER regretted it for a moment! :)
    P.S: Illuminati confirmed

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว +2

      Mia du Preez ah that's probably the best decision anyone could ever make! good to have you on Team Actuary!

    • @miadupreez408
      @miadupreez408 7 ปีที่แล้ว +1

      MJ the Student Actuary thanks for your videos! I'm taking on CA1 this semester.. wish me luck!

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว +4

      ah look out for a video I'm going to be doing later about CA1. I want to redo all the chapters and build a proper support course around it because it is one of the trickiest subjects that we have to write!

    • @pemberayimuvezwa4856
      @pemberayimuvezwa4856 7 ปีที่แล้ว +1

      Will the material be up before next year?fingers crossed

    • @noir935
      @noir935 7 ปีที่แล้ว

      I am your Daddy not wise please stop breathing

  • @joebob2311productions
    @joebob2311productions 4 ปีที่แล้ว +1

    But is it greater than Australia vs England

    • @MJtheFellowActuary
      @MJtheFellowActuary  4 ปีที่แล้ว

      lol!

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      It's not even really a comparison not competition in the case of actuary vs accountant.

  • @jayantjain1976
    @jayantjain1976 6 ปีที่แล้ว +3

    Is it advantageneous to do became actuary as well as accountant

    • @MJtheFellowActuary
      @MJtheFellowActuary  6 ปีที่แล้ว +5

      More knowledge is always better knowledge, but career wise it won’t be that much of an advantage

  • @anandpjoy8066
    @anandpjoy8066 5 ปีที่แล้ว +3

    Which University is best for Actuary degree , Columbia or Pennsylvania Wharton or anywhere else ? And what's the GRE score for getting into it?

    • @MJtheFellowActuary
      @MJtheFellowActuary  5 ปีที่แล้ว

      Look for a university that focuses on the Actuarial exemptions. Don’t be enticed by a degree that offers additional subjects that don’t contribute to the Actuarial path. I’m not sure about the US universities, but hopefully someone else reading your comment will be able to shed some light on the situation

    • @anandpjoy8066
      @anandpjoy8066 5 ปีที่แล้ว

      @@MJtheFellowActuary Sir how was your University in actuarial science ( finance and investment Actuary section)? Is it a good place for international students?
      And thank you for your reply.

    • @haineshoag3010
      @haineshoag3010 5 ปีที่แล้ว +1

      Don’t apply to Wharton they’re getting rid of their actuarial science program

    • @anandpjoy8066
      @anandpjoy8066 5 ปีที่แล้ว

      @@haineshoag3010 uhh... Thank you sir for the information.

    • @anandpjoy8066
      @anandpjoy8066 5 ปีที่แล้ว

      @@haineshoag3010 According to you which college might be better for international students with scholarship options?

  • @satyavanivankayala9619
    @satyavanivankayala9619 6 ปีที่แล้ว +21

    I sacrificed my college life for becoming an Accountant and I'm on the last stage of becoming the Accountant

    • @Makaylah13
      @Makaylah13 5 ปีที่แล้ว +2

      How do u like it so far

    • @somerandomguy3604
      @somerandomguy3604 3 ปีที่แล้ว +2

      this was 2 years ago, how did it go m8?

  • @charlesmakonikudzay1
    @charlesmakonikudzay1 2 ปีที่แล้ว

    Is there a need for an individual to study both one after the other

  • @Littlemissmaths
    @Littlemissmaths หลายเดือนก่อน

    Hey Mj new here
    I wanted to ask if it's possible to switch from accounting degree to acturial degree in your 1st year

  • @kamogelo1moloi473
    @kamogelo1moloi473 4 ปีที่แล้ว +1

    So currently i am studying finance but i always wanted to be an actuary so i get bad comments from my friends that hey.. you want to get to actuary you are going to start from scratch. so what can i do bro to get to actuary if i invested 3 year in finance

  • @mysticalmarowak2493
    @mysticalmarowak2493 7 ปีที่แล้ว +5

    Hmmmm this is a good video i just dont know what to look into for my career this seems the most appealing to me but i want to be able to have time with my family and friends

    • @brandonnaar4453
      @brandonnaar4453 4 ปีที่แล้ว +4

      You will have more time in the long term as an actuary compared to Accountants.

  • @161BMW
    @161BMW 4 ปีที่แล้ว +10

    Being an accountant could not think of anything worse a life of boredom. Actuaries is harder and are smarter. A lot of accountants are jealous of actuaries.

    • @rugby3653
      @rugby3653 4 ปีที่แล้ว

      Not true most actuaries end up working for insurers conpanies, accountents are needed in every major company in the world

    • @161BMW
      @161BMW 4 ปีที่แล้ว

      Rugby 365 very boring job though accountant.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      This is bullshit, you clearly know nothing about the job market

    • @jcn268
      @jcn268 2 ปีที่แล้ว +2

      @@rugby3653 anyone can be an accountant tho even without any proper education. Actuaries however are way higher up in demand across the world since it requires actual academic skills and also end getting paid more than accountants

  • @tonymakhula8913
    @tonymakhula8913 7 ปีที่แล้ว +47

    I still laugh when I think about all the jokes Steven made about accountants in first year

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว +3

      Dumo Tony they were classics!

    • @thabisomntungwa6900
      @thabisomntungwa6900 6 ปีที่แล้ว +4

      Dumo I'm your bully from Education Alive school😂.. Remember Alex, Mthokozeleni and Thabiso.. yeah that's me Thabiso. Nice to see that we both ended up doing Actuarial Science. We gonna be working together at Old mutual, and I'll be bullying 10% of your off your salary, so yeah be ready to meet me.

  • @cathgan1018
    @cathgan1018 3 ปีที่แล้ว +3

    Salary of top actuary < top accountant
    Is it due to cfo ceo roles are filled by accountants more commonly? How about an actuary who has acca cert as well?

    • @rollingdudes8859
      @rollingdudes8859 ปีที่แล้ว +1

      WRONG!!! My grandfather was an actuary and made $200,000 per year in 1981 which would be $707,561 dollars today if adjusted for inflation!!!

  • @amitsaarthak2039
    @amitsaarthak2039 7 ปีที่แล้ว +10

    It`s not charted Accountant, It`s Chartered Accountant.

  • @marcusbirdman
    @marcusbirdman 5 ปีที่แล้ว +1

    Hey MJ how about actuaries vs quants

  • @omerimran3308
    @omerimran3308 7 ปีที่แล้ว +22

    Great video! Keep doing comparisons, love these kinds of videos. Why don't you make a video about how you discovered Actuarial Sciences and how came to like it? Maybe a video about your path to an actuary? Cheers!

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว +5

      Omer Imran that's actually a great topic for a video!!! thank u very much!

  • @ishmael7586
    @ishmael7586 3 ปีที่แล้ว +1

    Which is the easiest or shortest way to study actuarial science,at a college or at an institute

    • @anthonytesla8382
      @anthonytesla8382 2 ปีที่แล้ว

      Go to WITS. That's the shortest way.

  • @dominic2446
    @dominic2446 5 ปีที่แล้ว

    4:51 what is article period?

    • @MJtheFellowActuary
      @MJtheFellowActuary  5 ปีที่แล้ว

      It is a transition period where a potential professional has to work for a certain amount of time before they can get into the profession.

    • @dominic2446
      @dominic2446 5 ปีที่แล้ว

      @@MJtheFellowActuary is the same thing as internship?

  • @chevannesemendez6447
    @chevannesemendez6447 6 ปีที่แล้ว +18

    I think accounting career would be better for me since I love a social life-work balance ☺

    • @Arvindkumar-hh3mc
      @Arvindkumar-hh3mc 6 ปีที่แล้ว +1

      Chevannese Mendez i agree with you

    • @Arvindkumar-hh3mc
      @Arvindkumar-hh3mc 6 ปีที่แล้ว

      Thanks dear

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      And also if you're better at business and commerce than you're at maths

  • @Airsoftdude1100
    @Airsoftdude1100 7 ปีที่แล้ว +7

    Awesome video! Can you make a video or pm me about the path to take to become an actuary.Like what South African school subjects you would recommend to become an actuary.Keep up the good work

  • @lephengmashego9146
    @lephengmashego9146 4 ปีที่แล้ว +1

    Hi....is it possible to study actuary when you have an accounting degree

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      Are you incredibly good at maths? Then yes

    • @anthonytesla8382
      @anthonytesla8382 2 ปีที่แล้ว

      Yes, if you have the academic ability to get accepted.

  • @liganjinxeseverything3174
    @liganjinxeseverything3174 7 ปีที่แล้ว +2

    Okay, I would like some advice here... if you guys don't mind. I'm nearing the end of my basic degree in chartered accounting, but I definitely like mathematics, and in particular calculus more than accounting. I'm also not extremely detailed oriented and I like to solve problems. Furthermore, I'm not even planning to start my own business one day or even to serve as a director. So, I don't really know why I intend to become a CA. Lately I'm also getting pissed off about the nitty gritty things that auditors need to pay attention to when completing their working papers. I've seen the auditing the accounting side, but I seriously want to explore a more mathematical oriented career. Would you guys say go for it or that I should rather continue in the field I'm in?

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      Dude, CA is one of the best professions for pay, job stability, satisfaction, etc, you should be happy. If you like maths, consider actuarial science or engineering if you're REALLY good at it. The higher salary you might get in the case of actuarial science will take years if even possible to achieve as you have to pass 10 exams. Very few people are intellectually gifted enough to become an actuary

    • @liganjinxeseverything3174
      @liganjinxeseverything3174 4 ปีที่แล้ว

      @@pranavdixit6157 Lol, thanks for the reply. A few things have changed in my life since roughly 3 years ago though, but I have settled on my course of action. I'm still in the accounting field and I will most likely stay in it, but not for the money. I don't run after money, fame, power, titles or whatever else people generally regard as goals. Like, I completely and utterly resist those goals. Instead, I'll do it because I intend to maximize all my gifts and abilities. So, I will work to become the best Accountant I can be. However, if the opportunity does present itself and if I have the good fortune of changing careers, then I'll most likely pursue my degree in science, yes.

    • @johnfallona4348
      @johnfallona4348 4 ปีที่แล้ว

      @@liganjinxeseverything3174 Maybe look into Data Science or Data Analytics' to complement your Accounting in the future.

    • @liganjinxeseverything3174
      @liganjinxeseverything3174 4 ปีที่แล้ว

      @@johnfallona4348 Yeah, it's become quite clear to me that I should consider going into the field, especially since everyone keeps telling I over-analyze and overthink everything 🤷‍♂️ So... 🤣, I am going to consider it 😉.

    • @johnfallona4348
      @johnfallona4348 4 ปีที่แล้ว +1

      @@liganjinxeseverything3174 Yea look into it, your accounting/ commercial knowledge will give you an edge in some of these D-S/ D-A jobs, that's what I heard anyways.

  • @sohaibali7651
    @sohaibali7651 7 ปีที่แล้ว +1

    Hy Mj can you suggest SoA is better or FRM Globally which is preferable i got a news that FRM is short and SOA is time taking both cons and pros?

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว

      Sohaib Ali I would need to do more research on FRM, but from my understanding SoA is way better and more respected in the business community

    • @sohaibali7651
      @sohaibali7651 7 ปีที่แล้ว

      MJ the Student Actuary thanks man

    • @sohaibali7651
      @sohaibali7651 7 ปีที่แล้ว

      just like this you can compare these two

  • @SuperPointlessblog
    @SuperPointlessblog 5 ปีที่แล้ว +2

    Unreasonable amount of self importance

  • @transforminglives939
    @transforminglives939 5 ปีที่แล้ว +3

    Hello I want to divert from actuarial science to accountancy after my bsc level. please is it possible and what are the possible advice you can offer me please

    • @161BMW
      @161BMW 4 ปีที่แล้ว

      Yes is possible.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      You won't be using any of your maths really, but you will need to know a lot about business, laws so be prepared

  • @ethant4988
    @ethant4988 5 ปีที่แล้ว

    What about data analyst

  • @senselessnothing
    @senselessnothing 7 ปีที่แล้ว +3

    Unless you want to get in the industry as soon as possible with a decent salary and you are willing to limit your education for it, don't do an actuarial or an accouting degree.

  • @thandiwedlomo9971
    @thandiwedlomo9971 4 หลายเดือนก่อน

    Applying for BAcounting next year, fingers crossed🤞

  • @oshithalandewela1698
    @oshithalandewela1698 6 ปีที่แล้ว +2

    Bro can accounting students can do their masters in Actuarial?

    • @MJtheFellowActuary
      @MJtheFellowActuary  6 ปีที่แล้ว +2

      Depends. Accountants will have a solid understanding of finance so could do an actuarial masters in finance. However they don’t cover enough maths nor stats to do a masters in Life or General insurance.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      @@MJtheFellowActuary I don't even think we do enough maths to consider a master's in actuarial science.

  • @ricardojimenez1284
    @ricardojimenez1284 7 ปีที่แล้ว +4

    Great video MJ! Thank you for the info! As soon as i can finish the subjects of my degree im going full actuary!

  • @sbaby1991
    @sbaby1991 3 ปีที่แล้ว +3

    By 1:35 I was positive I made the right choice by getting my Accounting degree! LOL

  • @antudegamerz123
    @antudegamerz123 ปีที่แล้ว

    Bro i wanna do job in govt sector in india so which can be beneficial for me in between accountant (ca) or actutial science

  • @diablo6250
    @diablo6250 2 ปีที่แล้ว +1

    Absolutely love your content!

  • @mannyhatz6041
    @mannyhatz6041 6 ปีที่แล้ว +1

    7:11 Wicked pun. Liked the video just because of that.

  • @lesegomafora3045
    @lesegomafora3045 2 ปีที่แล้ว

    “He was busy getting married”😂😂

  • @amitkumarindora8889
    @amitkumarindora8889 7 ปีที่แล้ว +2

    ye MJ what up bro u r so passionate about this profession i ever seen would u explain me that is their any place in company where i person can work combo of actuary and accountant ? thanks waiting 4 reply !

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว

      Yeah if you are the Chief Investment Officer who will do a little bit of both

    • @amitkumarindora8889
      @amitkumarindora8889 7 ปีที่แล้ว

      thanks bro & keep increasing people wisdom of actuary profession

  • @lewislewis1556
    @lewislewis1556 4 ปีที่แล้ว

    2:40 One of these isn't like the others...

  • @maazuddin5001
    @maazuddin5001 7 ปีที่แล้ว

    Hey. I was trying to email you regarding the crypto currency. However, it gives an error saying that email isn't found!

  • @CoolDRGUGUMA
    @CoolDRGUGUMA 5 ปีที่แล้ว +2

    I m a CPA doing my last 2 CTs. oO

  • @sridwaragaraka2907
    @sridwaragaraka2907 7 ปีที่แล้ว +3

    I want to become an actuary.i am an indian.the video is very useful.then I dont know what are the jobs for actuary in which
    Field?plz tell me friends😊

  • @RizwanKhan-uw7cj
    @RizwanKhan-uw7cj 6 ปีที่แล้ว

    It must be Economists vs Accountants???

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      Accounting if you actually wanna get a decent paying job with good stability

  • @seoexperimentations6933
    @seoexperimentations6933 7 ปีที่แล้ว +13

    I m taking exam P in 2 days!!

    • @noufaziz7584
      @noufaziz7584 7 ปีที่แล้ว

      SEO experimentations GOOD LUCK !

    • @stevenzhang7428
      @stevenzhang7428 7 ปีที่แล้ว +4

      How did you do

    • @seeya350
      @seeya350 6 ปีที่แล้ว

      How'd it go?

    • @ethant4988
      @ethant4988 5 ปีที่แล้ว

      Did u pass?

  • @necolin
    @necolin 3 ปีที่แล้ว +3

    I know this is a holistic view on both professions, however i feel their is around actuaries being smarter then chartered accountants (which im sure you would agree with😂😂) but I do feel that this stigma is why a lot of students go the actuarial route rather then CA route. From a purely business perspective which path would you suggest knowing that you have seen both sides from both your and your brothers point of view?

    • @MJtheFellowActuary
      @MJtheFellowActuary  3 ปีที่แล้ว +5

      Every business needs an accountant. Not every business needs an actuary.

    • @necolin
      @necolin 3 ปีที่แล้ว +1

      @@MJtheFellowActuary Although that may be true, with the fourth industrial revolution having very much arrived. Do you not think that the risk of accountants becoming less in demand as more and more routine tasks become automated. I would love to hear your brothers and your point of view on that. I feel like there will always be a need, but the numbers in need will dwindle, and as a result there will be a surplus of graduates. Thats looking like 10 years into the future but its still a very interesting topic.

  • @Wazalendo_du_Zaïre
    @Wazalendo_du_Zaïre 5 ปีที่แล้ว +5

    Hahaha I like this video. Fair enough.
    I'm an Accounting major and agree.

    • @Wazalendo_du_Zaïre
      @Wazalendo_du_Zaïre 5 ปีที่แล้ว +7

      Hahaa funny because I won a prise for being best in Maths senior year, only got As in all my courses at varsity.
      The best part is I am Black, and all those who cannot beat my Maths record are White 😊. So please, no racist comments here, be civil and show how educated you can be (or at least how educated you would like to be, in case you are not). Cheers.

    • @Wazalendo_du_Zaïre
      @Wazalendo_du_Zaïre 5 ปีที่แล้ว +3

      @Sudan Nutella it is all about the mindset. I told myself that Maths is not a hard module but one that simply challenges the way I think.
      Also, I made sure that I mastered the basic maths concept first, because Maths is a course that builds onto prior knowledge.
      Lastly, practice practice practice... as many questions as possible.
      Hope this helps.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      @First Name Last Name it's all good bro, we're here for u

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      @First Name Last Name it'll be fine

  • @chicken7355
    @chicken7355 3 ปีที่แล้ว

    Anything have triangle shape
    People: don't that make u illuminati😂😂😂

  • @relemafabatho6175
    @relemafabatho6175 7 ปีที่แล้ว +1

    MJ YOU AWESOME

  • @megisabellaleslie3740
    @megisabellaleslie3740 6 ปีที่แล้ว +2

    Hi MJ just came across your videos now. Really awesome and helpful stuff. 😀
    I'm studying act sci at tuks. Made me proud to be South African. X

  • @bernardting3361
    @bernardting3361 2 ปีที่แล้ว

    Excellent analysis

  • @pke81885
    @pke81885 4 ปีที่แล้ว +1

    If there is a rivalry between Actuaries and Accountants then I guess there is a rivalry between Theoretical Phycisists and Car Park Attendants. Perhaps you should make that video.

  • @natebigg802
    @natebigg802 5 ปีที่แล้ว +1

    maths of the future

  • @kenzilrodriguezfigueroa3430
    @kenzilrodriguezfigueroa3430 4 ปีที่แล้ว

    Thanks for the information. I'm a native spanish speaker, and there's no info about this career bro.

  • @MikeDunn
    @MikeDunn 6 ปีที่แล้ว

    Passed P & FM on the first try in 2015, never got an Actuary job.

  • @mankentsileqheku1623
    @mankentsileqheku1623 7 ปีที่แล้ว +1

    Wow...how enlightening

  • @donahshibingsowiyajosephsa7915
    @donahshibingsowiyajosephsa7915 4 ปีที่แล้ว +1

    Im an account and I want to become an actuary.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      You gotta be a math god math god.

  • @srtsilence5578
    @srtsilence5578 5 ปีที่แล้ว +2

    Him : Okay (pause) *kisses his teeth*, (this is repeated through out the vid 😂)

  • @newstyleprecision
    @newstyleprecision 7 ปีที่แล้ว +1

    Nice video! great info

  • @ricardofraser4243
    @ricardofraser4243 7 ปีที่แล้ว

    Drop JP and bat QDK at 4 ... The power of virtual currency in virtual worlds
    " In July 2007, residents of Second Life crowded around the ATM's in an unsuccessful attempt to withdraw their money. After a few days the ATM's along with the banks disappeared altogether. Around $700,000 in real world money was reported missing from residents in Second Life. An investigation was launched but nothing substantial ever came of finding and punishing the avatar known as Nicholas Portocarrero who was the head of Ginko Financial." - wikipedia

  • @DarkKnight-ki9jr
    @DarkKnight-ki9jr 6 ปีที่แล้ว +6

    Making me scared

  • @moomak8920
    @moomak8920 4 ปีที่แล้ว

    I was already not included in the part life. Lol that’s not a problem.

  • @annapoorni1
    @annapoorni1 7 ปีที่แล้ว +3

    Someone told me once "Accountants are Actuaries with a sense of humor". It has stuck with me ever since.

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว +1

      Accountants can't do math, Actuaries can't do finance/business

    • @ndzalompho2124
      @ndzalompho2124 3 ปีที่แล้ว

      Same here 😂

    • @rollingdudes8859
      @rollingdudes8859 ปีที่แล้ว +1

      Accountants only know BASIC MATH!!! Actuaries are MATH GENIUSES and can solve HIGHLY COMPLICATED FINANCIAL PROBLEMS by using APPLIED MATHEMATICS and STATISTICAL MODELS!!!

    • @rollingdudes8859
      @rollingdudes8859 ปีที่แล้ว

      100 PERCENT SPOT ON!!!@@pranavdixit6157

  • @GooseTheFlick
    @GooseTheFlick 7 ปีที่แล้ว

    So I'm making the inference that hypecoin is somehow related to social factors.

  • @jcn268
    @jcn268 2 ปีที่แล้ว

    In the end actuary are getting paid then times the amount than an accountant

  • @atifrehmanfarooqui3862
    @atifrehmanfarooqui3862 2 ปีที่แล้ว +1

    erm Pak vs India

  • @lakshayakaushik4684
    @lakshayakaushik4684 3 ปีที่แล้ว

    you are a god mate

  • @natebigg802
    @natebigg802 5 ปีที่แล้ว

    i know calc

  • @ricardofraser4243
    @ricardofraser4243 7 ปีที่แล้ว +3

    What a way to star a war - going to send to all the ACCA accountants in my office :)

    • @MJtheFellowActuary
      @MJtheFellowActuary  7 ปีที่แล้ว +2

      Ricardo Fraser let me know what they say!!

    • @ricardofraser4243
      @ricardofraser4243 7 ปีที่แล้ว +1

      By the way MJ - if you ever put out paid courses with some worked examples mainly I will pay to view them

  • @anthonytesla8382
    @anthonytesla8382 2 ปีที่แล้ว

    An actuary is an accountant that can actually do math.

    • @jcn268
      @jcn268 2 ปีที่แล้ว

      No, the actuary is based off insurance calculations ,while accountants just count up people's income. Totally different fields of work.

  • @believerinthealmighty7473
    @believerinthealmighty7473 7 ปีที่แล้ว +1

    Actuary do mind bending math *cough* Abstract algebra that course breaks people

  • @thegooglechrome2691
    @thegooglechrome2691 6 ปีที่แล้ว

    My dad is an NHS Finance Boss, somehow i feel as if I've been insulted xd

    • @MJtheFellowActuary
      @MJtheFellowActuary  6 ปีที่แล้ว +1

      haha this is the Internet, you are not getting the full experience if you don't get offended every now and then ;-)

  • @8L8XD010
    @8L8XD010 7 ปีที่แล้ว

    Audit ftw

  • @shiv4229
    @shiv4229 6 ปีที่แล้ว

    Ahh WITS 👍✌️

  • @justinhepburn1972
    @justinhepburn1972 7 ปีที่แล้ว +1

    i wanna be an actuary because i love math and i like analytically

    • @BuyTheDip627
      @BuyTheDip627 7 ปีที่แล้ว

      justin hepburn analytics*

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      Well you gotta be a math god math god

    • @anthonytesla8382
      @anthonytesla8382 2 ปีที่แล้ว

      @@pranavdixit6157 Not exactly. You need to be good at maths to get in. But once you're in it's more about how much can you study. Actuarial science is extremely theory-heavu. It isn't just maths.

  • @nishkargopal9762
    @nishkargopal9762 7 ปีที่แล้ว

    Actuary of course

  • @yuhoseok47
    @yuhoseok47 6 ปีที่แล้ว +5

    CPA stands for Can't Pass Actuary

    • @pranavdixit6157
      @pranavdixit6157 4 ปีที่แล้ว

      Well for a dropout actuary qualification they do get quite the dough

  • @actionbastardacademy9982
    @actionbastardacademy9982 4 ปีที่แล้ว

    How did you make your own cryptocurrency? I find this fascinating tell me about it.

  • @soveida13
    @soveida13 5 ปีที่แล้ว

    Thanks God Aim both

  • @jaybayckd7965
    @jaybayckd7965 6 ปีที่แล้ว +1

    Lol @1:30

  • @jessicazhang1021
    @jessicazhang1021 4 ปีที่แล้ว

    😂