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March 28, 2024, 11:25:15 pm

Author Topic: Actuarial Studies - Monash or Melbourne?  (Read 3963 times)

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Spaghetti123

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Actuarial Studies - Monash or Melbourne?
« on: December 12, 2019, 04:04:51 pm »
I've decided to pursue actuarial studies but I am not sure if I should go to Melbourne University or Monash University. I heard from my careers coordinator that it is really difficult to get an internship at Melbourne Uni because there are so many students there, and that Monash really helps you get an internship, so I would like to know how finding internships at these universities is like. I am also not sure how well each university teaches as well, so it would be great if some people who have studied actuarial at these universities could give me some insights if their teaching is good or bad.

AngelWings

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Re: Actuarial Studies - Monash or Melbourne?
« Reply #1 on: December 12, 2019, 08:20:10 pm »
I am also not sure how well each university teaches as well, so it would be great if some people who have studied actuarial at these universities could give me some insights if their teaching is good or bad.
I think you'll be able to find some of the relevant actuarial subjects on the Monash and Melbourne Uni subject reviews page. You can find out which subjects are acturial subjects by checking out here for Monash and here for Melbourne. Unfortunately I don't know any actuarial students personally, but there may be some here on AN who can help in that regard. :)
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Spaghetti123

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Re: Actuarial Studies - Monash or Melbourne?
« Reply #2 on: December 12, 2019, 09:19:29 pm »
Thanks AngelWings, will definitely look into it!  :)

alt201

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Re: Actuarial Studies - Monash or Melbourne?
« Reply #3 on: December 12, 2019, 09:28:15 pm »
Just finished my first year at Monash doing Commerce/Actuarial. Haven't done too much of the actuarial side just yet (oops), but from meeting with the head of econometrics and just from the subjects I've done, the faculty runs quite well and the head (Brett Inder) is also a super nice guy. Just a heads up if you've been eyeing the course for a while though, the course structure has changed for next year so be aware of it and only look at the 2020 Handbooks: https://handbook.monash.edu/2020/courses/B2033. I can try and help as much as possible but that's about as far as I know for Monash!
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Spaghetti123

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Re: Actuarial Studies - Monash or Melbourne?
« Reply #4 on: December 12, 2019, 09:35:00 pm »
Thanks alt201 for sharing your experience and giving me the heads up! Just want to ask if Monash helps you find internships or you have to apply for companies yourself (if you know). Also, what are the benefits of doing a double degree with actuarial, and what part of commerce are you majoring with the actuarial degree? Thanks  :)

alt201

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Re: Actuarial Studies - Monash or Melbourne?
« Reply #5 on: December 14, 2019, 03:01:12 am »
I'm not actually sure if they help per say. As far as I know they provide you with the option, especially in Commerce (you have to do a unit that can also include an internship, so you get to intern as part of your degree). I personally did the double degree so I had a way out in academics instead of becoming an actuary (just in case), and I'm double majoring in Economics and Econometrics! I'm sorry I haven't been able to tell you too much but I'll ask a friend who knows a lot about internships and placements and let you know.  ;D
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