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Hi again. I'm interested in applying for maths related degree courses such as Actuarial Science, Mathematics(maybe with stats) or perhaps finance. now, i know that generally,actuarial science is a study of maths and economics applied in making financial decisions, evaluating, predicting and managing financial risks to help different sectors to make important decisions. But I can't really seem to differentiate between actuarial science and finance.

Is finance an academically challenging degree course and does it involve certain understanding of maths in it? Or it involves a lot studying in economics? hope that you, especially students studying finance in UK, would be able to give me an overview of what finance degree course is about thanks a lot!

luv,

alohamora18

Is finance an academically challenging degree course and does it involve certain understanding of maths in it? Or it involves a lot studying in economics? hope that you, especially students studying finance in UK, would be able to give me an overview of what finance degree course is about thanks a lot!

luv,

alohamora18

Hi,

i've also been looking at maths and economics ish degrees, and from what i've seen, acturial science is quite specialised, with many degree course modules gaining you exemptions from some acturial exam modules (if you actually choose to become an actuary after uni).

i was looking at a more general degree, and so i was warned off the financial maths/ finance degrees, as it is the qualities and skills you learn at uni that many employers want, as opposed to the course content and knowing how to use a certain financial function.

have you thought of looking at maths and/with econ courses, or just a straight maths course with the flexibility to take bits from other degree courses (how much varies from uni to uni, from 1/3 to 1/6 from outside your course)?

sorry i haven't really answered your question about finance vs actuarial, but it might be difficult to find someone who has studied both , and the courses will probably differ widely from uni to uni, although it can be quite easy to switch interdepartmentally during your first year at most places.

i've also been looking at maths and economics ish degrees, and from what i've seen, acturial science is quite specialised, with many degree course modules gaining you exemptions from some acturial exam modules (if you actually choose to become an actuary after uni).

i was looking at a more general degree, and so i was warned off the financial maths/ finance degrees, as it is the qualities and skills you learn at uni that many employers want, as opposed to the course content and knowing how to use a certain financial function.

have you thought of looking at maths and/with econ courses, or just a straight maths course with the flexibility to take bits from other degree courses (how much varies from uni to uni, from 1/3 to 1/6 from outside your course)?

sorry i haven't really answered your question about finance vs actuarial, but it might be difficult to find someone who has studied both , and the courses will probably differ widely from uni to uni, although it can be quite easy to switch interdepartmentally during your first year at most places.

Actuarial science is just actuarial science. These degrees usually cover the first 9 modules of the actual actuary exams so you would have exemptions to these exams if you choose to become an actuary.

Finance will probably cover probability, stats, derivatives (not calculus derivatives but financial derivatives), maybe economics and probably some other topics. It's best to have a look at the actual course content of the unis that you want to apply for to get a better idea.

Finance will probably cover probability, stats, derivatives (not calculus derivatives but financial derivatives), maybe economics and probably some other topics. It's best to have a look at the actual course content of the unis that you want to apply for to get a better idea.

to Dante,

well, yes i've thought of taking up maths degree before. but i heard that maths degree course is a pretty academic subject and without the passion for it, it can be a really dry and boring course. what i heard from some people is that maths degree course is quite research-based. and most likely people will who take this course will specialize in one field and doing many research work on it, such as working on new mathematical models.(anyway, still thinking on it)

by the way, are you still doing A levels?

regards,

alohamora18

well, yes i've thought of taking up maths degree before. but i heard that maths degree course is a pretty academic subject and without the passion for it, it can be a really dry and boring course. what i heard from some people is that maths degree course is quite research-based. and most likely people will who take this course will specialize in one field and doing many research work on it, such as working on new mathematical models.(anyway, still thinking on it)

by the way, are you still doing A levels?

regards,

alohamora18

mikeyT

Most maths degrees are not research based because an undergrad doesn't have the necessary skills and knowledge to even start. You can specialise in one area by the end of your degree but you don't have to.

hi again. ok...are you taking maths degree course now? what i heard was that for unis such as oxbridge, if let's say you are taking maths degree course there, it could be really research-based and they are training students to do lots of research work in the future(if the student wants to specialize in certain maths field of course. but then i might be wrong about it). just wondering is this situation applicable to unis such as imperial college, lse, warwick, southampton, birmingham or manchester?

I've just finished my maths degree at Oxford. I can definitely say that it isn't research based at all. In fact, there isn't any research involved unless you want to write a dissertation in your last year. The postgraduate courses (Masters and phd) will involve research. The other universities that you have mentioned don't really let undergrads do research because it is so difficult for someone without the knowledge and tools to do that.

Most, if not all, undergraduate maths degrees will be taught throughout the three/four years. As I said, you can specialise in a certain area by the end of your degree eg finance, mathematical biology, quantum mechanics, etc.... but you don't have to as I have chose options that were unrelated to each other in my last year. So you have a lot of choice of what to do.

Have a look at the courses at the unis that you said and see how they are examined. If they involve research then it will say you need to submit a dissertation but this definitely won't have to be original research.

Most, if not all, undergraduate maths degrees will be taught throughout the three/four years. As I said, you can specialise in a certain area by the end of your degree eg finance, mathematical biology, quantum mechanics, etc.... but you don't have to as I have chose options that were unrelated to each other in my last year. So you have a lot of choice of what to do.

Have a look at the courses at the unis that you said and see how they are examined. If they involve research then it will say you need to submit a dissertation but this definitely won't have to be original research.

mikeyT

Actuarial science is just actuarial science. These degrees usually cover the first 9 modules of the actual actuary exams so you would have exemptions to these exams if you choose to become an actuary.

Finance will probably cover probability, stats, derivatives (not calculus derivatives but financial derivatives), maybe economics and probably some other topics. It's best to have a look at the actual course content of the unis that you want to apply for to get a better idea.

Finance will probably cover probability, stats, derivatives (not calculus derivatives but financial derivatives), maybe economics and probably some other topics. It's best to have a look at the actual course content of the unis that you want to apply for to get a better idea.

Its the first 8 - Core Technical Exams 1-8.

You learn quite a lot of maths when doing an Actuarial Science course. CASS Business School, imo, who seem to be the best on the undergrad course say that they cover a lot of maths, because its all essential.

fblade

Its the first 8 - Core Technical Exams 1-8.

You learn quite a lot of maths when doing an Actuarial Science course. CASS Business School, imo, who seem to be the best on the undergrad course say that they cover a lot of maths, because its all essential.

You learn quite a lot of maths when doing an Actuarial Science course. CASS Business School, imo, who seem to be the best on the undergrad course say that they cover a lot of maths, because its all essential.

My lecturer (ex-actuary) told me it was 9 but there's not much difference between 8 and 9. I think it depends on where you do your degree as well.

We had a guess lecturer from Aon and he showed us the work he does in insurance and it definitely needed a lot of maths.

I chose to do a maths degree as I didn't want to specialise before I actually started to study at degree level. I do maths with economics and I find that the minor means that I don't have to do as much pure maths (what I think was meant by the dry stuff). The economics is also good because it's basically AS Level maths in a real life context!

Stosie what uni do you go?

- accounting and finance or economics
- Is BSc Accounting and Finance a good subject to take at Uni
- Can I reuse my own personal statement?
- Future life change?
- BA or Bsc Accounting and Finance?
- Does what university I go to matter for an Actuarial Science degree?
- What can I do with a chemistry degree?
- Economics at Durham or Actuarial Science at York
- Degree choice
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- What should I do?
- Help
- a level maths, econ and cs
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- what are some good degrees with alevels economics business and maths
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- Not enjoying my economics degree
- Actuarial science 2024

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