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Can I get into actuarial profession with a Music degree...

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Original post by Jelkin
Totes.

EXAMS. Ugh.

Not enough people are complaining in here. GET WITH THE PROGRAMME GUYS.


EXAM ****ERS.

Also, I'm very disappointed that you printed Felix Mantz this month, when you could have my colleague! Tsk.
Original post by JohnnySPal
EXAM ****ERS.

Also, I'm very disappointed that you printed Felix Mantz this month, when you could have my colleague! Tsk.


I am not in charge of AoTF - alas :ashamed2:

I can't even check that he/is being printed as I do not have his/her name.

UGH, EXAMS. Starting to get actually worried now.
Original post by Jelkin


I laughed.


Quality.
Original post by newguy101
What exactly are the benefits of Manchester's Actuarial Mathematics PhD?

you're gonna have to be a little more specific in your questioning methinks...
Original post by Chewwy
you're gonna have to be a little more specific in your questioning methinks...



Basically I've been looking into actuarial science to see if it is a degree I want to do and on Manchester's site I saw there is a PhD in it, but It doesn't mention any exemptions you can get for doing it. So I'm not sure what the point of the degree is, if it doesn't help you qualify.

And yeah sorry I'm not being that specific, I'm just thinking wayyy ahead (I just finished my AS year).
Original post by newguy101
Basically I've been looking into actuarial science to see if it is a degree I want to do and on Manchester's site I saw there is a PhD in it, but It doesn't mention any exemptions you can get for doing it. So I'm not sure what the point of the degree is, if it doesn't help you qualify.

And yeah sorry I'm not being that specific, I'm just thinking wayyy ahead (I just finished my AS year).


lol.

The point of doing the degree isn't to get exemptions it is do some research into an actuarial topic. To this end, benefits include:

Being a specialist in some area of actuarial mathematics
Spending time looking into something you're interest in
Being the first to investigate certain topics
Gaining a qualification that you hope will lead to fast career progression.
(edited 9 years ago)
Original post by Jelkin
Totes.

EXAMS. Ugh.

Not enough people are complaining in here. GET WITH THE PROGRAMME GUYS.



Yeah, I reckon you'd stand a fair chance, but bear in mind that I'm just looking at your qualifications alone and there's so much more involved in getting a position than that.

Without a maths or other relevant degree you'd be better placed to get a job at a consultancy than an insurance company (which I say having studied English at uni and gone through the applications process myself). Firms are getting more and more open-minded in terms of degree subject about who they hire, although it's also getting more competitive. Your accounting exams would either get you an exemption for one of the other exams or at least furnish you with enough knowledge to make it very easy! With CT1 as well, plus a bit of experience with stats at the Open University (although you'd have to make it very clear that you didn't drop that course from laziness or difficulty), I think you'd be in a pretty good position, and I don't think you should worry about the PGDip. Personal opinion of course.

Also note that even new Oxbridge maths grads aren't just going to walk into a job, because there is a lot more to it than ticking the qualification boxes.

As an aside, you should also consider whether you want another 3-6 years of exams to do after you've finished with your current ones!


Funny. I recently started in the actuary department of a consultancy and most of the juniors are physics/maths grads here.
Original post by newguy101
Basically I've been looking into actuarial science to see if it is a degree I want to do and on Manchester's site I saw there is a PhD in it, but It doesn't mention any exemptions you can get for doing it. So I'm not sure what the point of the degree is, if it doesn't help you qualify.

And yeah sorry I'm not being that specific, I'm just thinking wayyy ahead (I just finished my AS year).


Not sure how a PhD would help you in your career. It is another 4-5 years of not actually working. Sure you will become an expert in one area of insurance but okay...not like you could become an expert while working for 5 years at a company, earning experience and money while you do it. The thing with being an actuary is that you will, or should if you want to progress in your career, become a certified actuary anyway.

If you do do a PhD you should at least do internship at an insurance firm to gain work experience, see how it's actually done in practice.
Hi, found this thread and wanted to introduce myself :smile:

I recently started as a consultant at one of the Big4 in Zurich in their actuarial advisory department. I will be starting courses at the ETH next semester (February) to study for the SAV (swiss actuary association) syllabus (courses are here: http://www.math.ethz.ch/~wueth/SAV/sav_ethz.pdf). So far I have been working on responsible actuary reports and learning about loss reserving and SST. It's been pretty cool so far, between looking at past reports and reading about the material I have managed to do most of the work. And the parts that were more complicated they explained to me. It's been a great experience so far.
Reply 1990
CT H8
Original post by SarcasticMel
Funny. I recently started in the actuary department of a consultancy and most of the juniors are physics/maths grads here.


That doesn't actually contradict what I said!

And hello. It's been a bit quiet in here of late, which is annoying when you're looking for company while studying! Have you read much of the thread? It's long, so not expecting you to, but wondering if you know who's who enough for me not to have to describe myself.

Original post by newguy101
Basically I've been looking into actuarial science to see if it is a degree I want to do and on Manchester's site I saw there is a PhD in it, but It doesn't mention any exemptions you can get for doing it. So I'm not sure what the point of the degree is, if it doesn't help you qualify.

And yeah sorry I'm not being that specific, I'm just thinking wayyy ahead (I just finished my AS year).


Ditto everyone else - you'd probably find that most people doing the PhD were qualified actuaries who then decided to go into research, I reckon.
(edited 9 years ago)
Good luck to all those sitting the CT exams next week.

I will be sitting the non-member CT1 next week as a career changer after only 5 weeks of intensive studying alongside full time work and the last time I studied any form of pure/applied mathematics was 10 years ago. Even had to re-learn basic high school calculus and integral rules.

Probably should have done more research prior to signing up given that i thought the usual study period was from the deadline date until the exam (which is usually the case for other professional exams i.e. CA). Lesson learned!

On the bright side, no real expectations so a result will be a bonus. Now excuse me as I get back to cramming!
Original post by Jelkin
That doesn't actually contradict what I said!

And hello. It's been a bit quiet in here of late, which is annoying when you're looking for company while studying! Have you read much of the thread? It's long, so not expecting you to, but wondering if you know who's who enough for me not to have to describe myself.



Ditto everyone else - you'd probably find that most people doing the PhD were qualified actuaries who then decided to go into research, I reckon.


No I don't know :frown: it is rather long so I just decided to introduce myself and read the last page or two haha :smile:

But I'll spend some time tomorrow reading a bit more in the thread so if I still dont find out ill ask again :tongue:
Original post by gangsteroflove
Good luck to all those sitting the CT exams next week.

I will be sitting the non-member CT1 next week as a career changer after only 5 weeks of intensive studying alongside full time work and the last time I studied any form of pure/applied mathematics was 10 years ago. Even had to re-learn basic high school calculus and integral rules.

Probably should have done more research prior to signing up given that i thought the usual study period was from the deadline date until the exam (which is usually the case for other professional exams i.e. CA). Lesson learned!

On the bright side, no real expectations so a result will be a bonus. Now excuse me as I get back to cramming!


Ouch. Good luck! A colleague reckons you can cram in an entire CT exam in just 3 weeks. I couldn't verify that though. Best recommendation is to do loads of past papers!
Original post by gangsteroflove
Good luck to all those sitting the CT exams next week.

I will be sitting the non-member CT1 next week as a career changer after only 5 weeks of intensive studying alongside full time work and the last time I studied any form of pure/applied mathematics was 10 years ago. Even had to re-learn basic high school calculus and integral rules.

Probably should have done more research prior to signing up given that i thought the usual study period was from the deadline date until the exam (which is usually the case for other professional exams i.e. CA). Lesson learned!

On the bright side, no real expectations so a result will be a bonus. Now excuse me as I get back to cramming!


Ouch. Good luck! A colleague reckons you can cram in an entire CT exam in just 3 weeks. I couldn't verify that though. Best recommendation is to do loads of past papers!

I secretly want to write a "Shortcut to CT1" guide, as I feel that in terms of actually passing the exam you could technically acquire everything you needed to know in a really short time. It's just that going through the notes and picking out what you are required to know takes ages. But I don't think the Profession would like my idea ...

Original post by munn
CT H8


CT bore.
I read an article in the Actuary a couple of months ago: http://www.theactuary.com/opinion/2014/08/soapbox-a-disastrous-trend-in-unemployment/

As I was reading it I thought to myself "What a dick". The opening paragraph is:

"
It is fashionable these days for politicians to support a minimum wage. This has disastrous social consequences. The natural rate of unemployment in an economy is around 3%. There are always some people moving between jobs. "

I'll let you read the rest of the article and make your own mind up about him.

I will point out that after a quick google he has written (or someone else has written) a mini biog of his achievements and points of note:
http://en.wikipedia.org/wiki/User:s-smilie:hyam_Mehta

Certain gems from this include:

"
Shyam is a huge intellect."
"
In his writings on Christianity, he highlights the flaws in the Bible and argues that Christianity is not a religion and shows why all the evils of the world start from this ‘religion’"
"In his book ‘Oxford University’ Shyam shows that it is a myth that this is a scholarly institution"

There are lots more and I recommend you read the whole thing to get a good idea of who he is.

I haven't checked to see if there was any backlash in the next issue with people criticising his article, I can only hope. I also hope that the editors in future actually read the material that they publish. The whole article is written matter-of-factly and offers no evidence to back up its claims. I was raging for a while after I read it. Anyways, enjoy.




Reply 1997
Hi all, I'm about to start my applications for internships, mostly in general insurance. I have prepared well for most of the questions, I can demonstrate all of the competencies that they are looking for, but when it comes to the questions about demonstrating an understanding of the role I am applying for, my answer doesn't really feel genuine. I usually end up cobbling together bits from the job description and the intern profiles.

How can I write a good answer to this question? Thanks
Original post by Shillington
I read an article in the Actuary a couple of months ago: http://www.theactuary.com/opinion/2014/08/soapbox-a-disastrous-trend-in-unemployment/

As I was reading it I thought to myself "What a dick". The opening paragraph is:

"
It is fashionable these days for politicians to support a minimum wage. This has disastrous social consequences. The natural rate of unemployment in an economy is around 3%. There are always some people moving between jobs. "

I'll let you read the rest of the article and make your own mind up about him.

I will point out that after a quick google he has written (or someone else has written) a mini biog of his achievements and points of note:
http://en.wikipedia.org/wiki/User:s-smilie:hyam_Mehta

Certain gems from this include:

"
Shyam is a huge intellect."
"
In his writings on Christianity, he highlights the flaws in the Bible and argues that Christianity is not a religion and shows why all the evils of the world start from this ‘religion’"
"In his book ‘Oxford University’ Shyam shows that it is a myth that this is a scholarly institution"

There are lots more and I recommend you read the whole thing to get a good idea of who he is.

I haven't checked to see if there was any backlash in the next issue with people criticising his article, I can only hope. I also hope that the editors in future actually read the material that they publish. The whole article is written matter-of-factly and offers no evidence to back up its claims. I was raging for a while after I read it. Anyways, enjoy.





Yeah, I was surprised this got published - I don't think it paints the profession in a good light. I have had some prior experience of this guy. He has had in many ways quite an illustrious career, though it appears now to have taken a rather strange turn. His website is absolutely fantastic - www.lovingheartcentre.net
Original post by Chewwy
Yeah, I was surprised this got published - I don't think it paints the profession in a good light. I have had some prior experience of this guy. He has had in many ways quite an illustrious career, though it appears now to have taken a rather strange turn. His website is absolutely fantastic - www.lovingheartcentre.net


Loving his "Nudity 1" "Nudity 2" etc pages. What is this guy on?

"Young people, single people and even married people should see these images in order to lose their embarrassment and have a better sex life as and when they get married and have sex. Further, seeing breasts and vaginas will help men get excited and then relax. Being stressed is one of the worst aspects of modern society."

This is the best website ever.

https://www.lovingheartcentre.net/ChoosingaWife.html

"Two tests of a reasonable expectation are:

1 Does her mother look after her father tenderly?

2 Do her sisters look after their husbands and children tenderly?"

Being Childless hasn't stopped the man writing a book "How to bring up Children". Jesus.
(edited 9 years ago)

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