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April 16, 2024, 11:40:01 pm

Author Topic: actuarial studies @ melb uni  (Read 25004 times)  Share 

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Ilovemathsmeth

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Re: actuarial studies @ melb uni
« Reply #30 on: June 15, 2010, 09:32:04 pm »
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No, I'm not doing Intro to Actuarial :( That's because I didn't do Spec Maths in year 12, which means I have to do a different Maths pathway instead. Wish I'd had as much knowledge as you do back then. But I really don't like Intro Micro, it's too tricky for my liking. The rest are pretty awesome, though Law does involve a LOT of reading and memorising of cases (we had to do about 80 I think) and lots of case study applications. Overall, it's been okay as a semester. I think Semester 2 will be better because I've got two Maths subjects then and I'll probably enjoy it better as a result.
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AzureBlue

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Re: actuarial studies @ melb uni
« Reply #31 on: June 15, 2010, 09:58:25 pm »
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I have first year Intro Microeconomics, Principles of Business Law (breadth), Accounting Reports and Analysis, Vector Calculus -- Intro Macroeconomics, Accounting Transactions and Analysis, Accel Maths 2, Intro to Actuarial Studies.
Second year - Organisational Behavior, Prob, Financial Maths I, Business Finance --Intermediate Macro, Stats, Financial Maths II, Corporate Law (breadth).
Third year - Actuarial Modelling I, Actuarial Modelling II, Financial Maths III, Breadth Subject -- Contigencies, Actuarial Stats, and Models for insurance and finance.
Then honours year!

That is, if all goes to plan, which it hopefully will. :)

Sorry bout the confusion - all 3 breadth subjects must be non-maths, I must've looked at the wrong page or something.

What subject are you taking in place of Intro to Actuarial Studies? I thought UMEP Maths replaced Accelerated Maths I which you are doing in first semester (it is replaced by Vector Calculus normally if you have done UMEP).

laynie

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Re: actuarial studies @ melb uni
« Reply #32 on: June 15, 2010, 10:35:38 pm »
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I have first year Intro Microeconomics, Principles of Business Law (breadth), Accounting Reports and Analysis, Vector Calculus -- Intro Macroeconomics, Accounting Transactions and Analysis, Accel Maths 2, Intro to Actuarial Studies.
Second year - Organisational Behavior, Prob, Financial Maths I, Business Finance --Intermediate Macro, Stats, Financial Maths II, Corporate Law (breadth).
Third year - Actuarial Modelling I, Actuarial Modelling II, Financial Maths III, Breadth Subject -- Contigencies, Actuarial Stats, and Models for insurance and finance.
Then honours year!

That is, if all goes to plan, which it hopefully will. :)

Sorry bout the confusion - all 3 breadth subjects must be non-maths, I must've looked at the wrong page or something.

What subject are you taking in place of Intro to Actuarial Studies? I thought UMEP Maths replaced Accelerated Maths I which you are doing in first semester (it is replaced by Vector Calculus normally if you have done UMEP).

You sure know a load about the actuarial course outline and you're still three years away from uni?!? now that is some dedication..

AzureBlue

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Re: actuarial studies @ melb uni
« Reply #33 on: June 16, 2010, 08:06:07 am »
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You sure know a load about the actuarial course outline and you're still three years away from uni?!? now that is some dedication..
Well, I guess I've done my research :) ...but now I need a new third year breadth subject (probably has to be taxation law if I've taken business and corporate in first and second years, respectively).
What are you majoring in in your Bcomm?
« Last Edit: June 16, 2010, 08:13:44 am by AzureBlue »

Ilovemathsmeth

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Re: actuarial studies @ melb uni
« Reply #34 on: June 16, 2010, 11:57:39 am »
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Yeah you can't take Maths breadth subjects. Intro to Actuarial is apparently not a prerequisite so they said it was okay if I skipped it, apparently Linear Algebra is more important :)
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humph

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Re: actuarial studies @ melb uni
« Reply #35 on: June 16, 2010, 01:30:54 pm »
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You sure know a load about the actuarial course outline and you're still three years away from uni?!? now that is some dedication..
Well, I guess I've done my research :) ...but now I need a new third year breadth subject (probably has to be taxation law if I've taken business and corporate in first and second years, respectively).
What are you majoring in in your Bcomm?
Dude. You're five years away from having to worry about third year breadth subjects. By the time you get there, there'll be different subjects on offer anyway.
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laynie

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Re: actuarial studies @ melb uni
« Reply #36 on: June 16, 2010, 03:11:47 pm »
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You sure know a load about the actuarial course outline and you're still three years away from uni?!? now that is some dedication..
Well, I guess I've done my research :) ...but now I need a new third year breadth subject (probably has to be taxation law if I've taken business and corporate in first and second years, respectively).
What are you majoring in in your Bcomm?
lol Acc/Fin like the other 3983423 students.

AzureBlue

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Re: actuarial studies @ melb uni
« Reply #37 on: June 16, 2010, 03:43:42 pm »
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Yeah you can't take Maths breadth subjects. Intro to Actuarial is apparently not a prerequisite so they said it was okay if I skipped it, apparently Linear Algebra is more important :)
Oh yeah - is that because you didn't take Specialist or UMEP again? What breadth are you choosing for second and third year? All these third year subjects seem to have second year prereqs so I guess that leaves me not much choice...

I wish you could take maths breadth subjects as well as economics breadth subjects - I wanted to do more microeconomics than just first-year, and try some econometrics but oh well...  :-X
« Last Edit: June 16, 2010, 03:51:21 pm by AzureBlue »

Gloamglozer

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Re: actuarial studies @ melb uni
« Reply #38 on: June 16, 2010, 04:47:09 pm »
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Yeah you can't take Maths breadth subjects. Intro to Actuarial is apparently not a prerequisite so they said it was okay if I skipped it, apparently Linear Algebra is more important :)
Oh yeah - is that because you didn't take Specialist or UMEP again? What breadth are you choosing for second and third year? All these third year subjects seem to have second year prereqs so I guess that leaves me not much choice...

I wish you could take maths breadth subjects as well as economics breadth subjects - I wanted to do more microeconomics than just first-year, and try some econometrics but oh well...  :-X

You can't do breadth subjects within your own faculty.  That is, economics is part of the commerce faculty so you can't do economics as your breadth.

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AzureBlue

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Re: actuarial studies @ melb uni
« Reply #39 on: June 16, 2010, 04:49:44 pm »
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Yeah you can't take Maths breadth subjects. Intro to Actuarial is apparently not a prerequisite so they said it was okay if I skipped it, apparently Linear Algebra is more important :)
Oh yeah - is that because you didn't take Specialist or UMEP again? What breadth are you choosing for second and third year? All these third year subjects seem to have second year prereqs so I guess that leaves me not much choice...

I wish you could take maths breadth subjects as well as economics breadth subjects - I wanted to do more microeconomics than just first-year, and try some econometrics but oh well...  :-X

You can't do breadth subjects within your own faculty.  That is, economics is part of the commerce faculty so you can't do economics as your breadth.
Yeah I noted that ages ago... are you allowed to take subjects in your faculty as a non-award subject in a summer course or something if you really like them?

Gloamglozer

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Re: actuarial studies @ melb uni
« Reply #40 on: June 16, 2010, 05:20:48 pm »
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Yeah you can't take Maths breadth subjects. Intro to Actuarial is apparently not a prerequisite so they said it was okay if I skipped it, apparently Linear Algebra is more important :)
Oh yeah - is that because you didn't take Specialist or UMEP again? What breadth are you choosing for second and third year? All these third year subjects seem to have second year prereqs so I guess that leaves me not much choice...

I wish you could take maths breadth subjects as well as economics breadth subjects - I wanted to do more microeconomics than just first-year, and try some econometrics but oh well...  :-X

You can't do breadth subjects within your own faculty.  That is, economics is part of the commerce faculty so you can't do economics as your breadth.
Yeah I noted that ages ago... are you allowed to take subjects in your faculty as a non-award subject in a summer course or something if you really like them?

Well, you'll definitely have to pay for them and whether or not it will be covered under your degree as a CSP is definitely in question.  I am suspecting not since you won't be applying credit for it.  But what if you apply credit for it?

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AzureBlue

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Re: actuarial studies @ melb uni
« Reply #41 on: June 16, 2010, 05:26:12 pm »
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Well, you'll definitely have to pay for them and whether or not it will be covered under your degree as a CSP is definitely in question.  I am suspecting not since you won't be applying credit for it.  But what if you apply credit for it?
Lol of course! They aren't that expensive... what do you mean by credit? It won't count towards the bachelors degree.

darlok

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Re: actuarial studies @ melb uni
« Reply #42 on: June 16, 2010, 09:02:27 pm »
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AzureBlue, you are hyping yourself up for the worst major known to man. You will be a drone, the people in the course are not interesting, the faculty is lacking, you would be much better off taking a couple of the subjects and majoring in finance. There is none of the beauty of math in these subjects, if you "love math" then you wouldn't disrespect it by even calling actuarial studies math. This course is for people that have no people skills and have resigned themselves to be human computers for the rest of their lives because they wont make it in any front office finance position. This isn't the same as some jock laughing at you for liking math, they just don't understand it. This is just rote learning and plugging in numbers, there is nothing beautiful about finding the after tax yield on an investment or valuing an option. If you enjoy actuarial, you actually do not have a soul and I wish you well for what will be a fairly meaningless existence on this earth.

AzureBlue

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Re: actuarial studies @ melb uni
« Reply #43 on: June 16, 2010, 10:18:18 pm »
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LOL have you even tried it before?

EvangelionZeta

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Re: actuarial studies @ melb uni
« Reply #44 on: June 16, 2010, 10:30:17 pm »
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LOL have you even tried it before?

To be fair, what darlok says seems to be the general consensus.  I know Olympiad people who were interested in being an actuary until they found out what it actually entails...

RE: your other question though, you can overload and do more than the required subjects in your own faculty I believe.
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