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Actuarial Science @ City 2016/2017

Made this thread for anyone who will be studying Actuarial Science here in September so we can chat :smile:
(edited 6 years ago)
Im a second year, ask me any q's
College Building - City, University of London
City University
London
Visit website
Do you live in halls or do you commute from home?
How hard is the first year?
With regards to textbooks, did you need to have them on hand in class or just to reference to?
How is the workload and what sort of deadline do they give? Is homework normally submitted online or by hand?
(edited 7 years ago)
Reply 3
Original post by uni in london
Im a second year, ask me any q's


What is Actuarial Science?? What is the whole course about?
Wikipedia:
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions.
Original post by CaliforNeema
Do you live in halls or do you commute from home?
How hard is the first year?
With regards to textbooks, did you need to have them on hand in class or just to reference to?
How is the workload and what sort of deadline do they give? Is homework normally submitted online or by hand?
How strict are the lecturers?


halls,
first year is hard but definitely manageable,
some textbooks they will recommend u purchase, the stats ones are good,
big workload. after week 4/5 there is at least one cwk/test per week. cwk submitted online,
lecturers are not strict but some don't like talking and will kick u out/give warnings.
p.s. if you're late to prof R's lectures, make sure to apologise
Original post by In2u
What is Actuarial Science?? What is the whole course about?


its about using maths and statistics to assess financial risk. in first year we learnt maths, prob and stats, economics, financial maths, IT and actuarial methods.
(edited 7 years ago)
Okay thanks.In the lectures, do the professors talk fast and do they supply handouts prior to the lecture?When do you find out which exemptions you have gained, during the course or towards the end of the final year?The end of year exams, are they during the day or are some in the evening?Do professors ease you in slowly into the course or do they put you straight into the deep end?Do you have any tips for first year?Which a levels did you take?
Original post by CaliforNeema
Okay thanks.In the lectures, do the professors talk fast and do they supply handouts prior to the lecture?When do you find out which exemptions you have gained, during the course or towards the end of the final year?The end of year exams, are they during the day or are some in the evening?Do professors ease you in slowly into the course or do they put you straight into the deep end?Do you have any tips for first year?Which a levels did you take?


All the Prof have different teaching styles. some print out the notes for you, for some the ppt is available on moodle and some u have to copy everything from the board. All the lecturers however make sure that you have written down everything and if u haven't you can just ask them to slow down. Exemptions will be explained to you at the beginning of the year. Exams can be at different times, i had a p&s exam which started at 6pm and finished at 9pm. They definitely ease you in, i'd say you start to notice the workload after week 4.
Tips: keep on top of work throughout the year. try doing well in the coursework as it can make exams less stressful because you don't have to score as high in exams. Choose your coursework groups wisely (Don't want to be with slackers). Try and take it easy from time to time. i'd recommend purchasing the p&s book with the lecture notes and q's in one (they'll tell u more about this). Financial and Investment maths is the best module, i recommend going to all of the lectures for this module. P&s is the hardest module also maths was difficult for me as i hadn't done further maths. Economics is ok but there is a lot new graphs from a level but if you haven't done it don't worry.
Hey, thanks sorry for asking lots of questions.

Are the coursework based assignments just individual work or are there some group work elements? Do we get to choose the groups?
Do you have the module specifications for first year?
Is it essential to have read the economics textbook over the summer, will they still cover the basics of economics in class?
With regards to lectures, are we able to get a hold of the recordings after the lecture so that we can go over our notes?
Original post by CaliforNeema
Hey, thanks sorry for asking lots of questions.

Are the coursework based assignments just individual work or are there some group work elements? Do we get to choose the groups?
Do you have the module specifications for first year?
Is it essential to have read the economics textbook over the summer, will they still cover the basics of economics in class?
With regards to lectures, are we able to get a hold of the recordings after the lecture so that we can go over our notes?


In first year all of the coursework is grouped. For some pieces of coursework you get to choose but for some you don't. Module Spec will be given to you at the beginning of the year. No i don't think its essential to read the textbook. They cover everything you'll need to know for the exam in lectures. Last year none of my lectures were recorded however some of the tutorial classes where. Also the majority of lectures put the lecture slides online before the lecture takes place.
Reply 11
Hi, I just got my offer from Cass for 2017 intake. In the mean time, I am very dilemma whether to choose Cass or LSE for actuarial science. From what I heard, lecturers in Cass are qualified actuaries and they guide you in more exemptions in your final year. How's your experience in Cass so far? Is the lecturers really good and give clear guidance? Thanks
Original post by wanyan98
Hi, I just got my offer from Cass for 2017 intake. In the mean time, I am very dilemma whether to choose Cass or LSE for actuarial science. From what I heard, lecturers in Cass are qualified actuaries and they guide you in more exemptions in your final year. How's your experience in Cass so far? Is the lecturers really good and give clear guidance? Thanks


Hey I'm currently studying Actuarial Science at Cass and started last September. My lecturers are fully qualified actuaries and the standard of teaching is quite good. Cass facilitates the intense course by offering surgery hours and exercise classes alongside lectures. These hours in addition to the lectures can really support you if you need help with any of the work. Message me if you have any other questions :smile: I must mention that this degree requires 100% commitment and effort because even in your first year the course may be quite overwhelming.
Original post by In2u
What is Actuarial Science?? What is the whole course about?


Actuaries are highly regarded professionals; actuaries are problem solvers and strategic thinkers with a deep understanding of financial systems
Being an actuary means having highly valued mathematical skills and expertise
Actuaries come from different academic backgrounds but share a love of maths even if they haven’t done a maths degree. When you train as an actuary you’ll learn how to analyse data, evaluate financial risks, and communicate this data to non-specialists.
Actuaries use their skills to help measure the probability and risk of future events
Every area of business is subject to risks so an actuarial career offers many employment options, including banking, insurance, healthcare, pensions, investment but also non-financial areas.
An actuarial career can be one of the most diverse, exciting and rewarding in the world
Members of the Institute and Faculty of Actuaries (IFoA) are part of a globally recognised profession and have internationally-recognised qualifications.
If you would like more information, please see: https://www.actuaries.org.uk/become-actuary/what-actuary

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