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mad fer united
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#21
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Why should I pick ACTUARIAL SCIENCE at LSE ahead of MMORSE at WARWICK?

Does anybody have any good reasons for picking LSE ahead of WARWICK?
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TheWolf
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#22
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(Original post by mad fer united)
Why should I pick ACTUARIAL SCIENCE at LSE ahead of MMORSE at WARWICK?

Does anybody have any good reasons for picking LSE ahead of WARWICK?
LSE's international reputation > Warwick
Better job opps if you go to LSE, due to international recognition of LSE in the job market, + links.
London > Warwick (in almost every way, unless you don't like living in a city)
3 years course at LSE, rather than 4 years course at Warwick (I see that as a good thing, as I don't know whether I want to study masters atm)
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mad fer united
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Who else is in the same situation?
What decision are you making? and Why?
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cktlee1
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By the way, just thought u might like to know, LSE N312 can offer up to 8 exemption within 3 yrs if u chose the right modules. Generally you get to do 4 modules a term (which might not lead to exemptions depends on your choices), of which the first year are mostly compulsory elementary work. It will be particularly difficult if u cannot understand first year's work, as 2nd and 3rd year's work are built heavily on previous knowledges.

Whereas MORSE will only be maximum of about 3-4, thats because the harder modules which are counted towards the old actuary core technical stage are mostly taught in the 4th year, so MMORSE get about 7 if u chose the corresponding field and modules at end of year 2. This has been confirmed by a long process of reading student handbook for MORSE and MMORSE, looking at warwick's stats department website and direct compare with exemption board.

As for both unis, if u do not reach a high score in your early exams, u might be rejected to do the advanced modules that are directly related. Both uni has also warned me that due to the changes from Institutes of Actuaries, there might be changes in course contents in 2005 entries. So it is not predictable whether the same number of exemptions could be achieved by doing those modules.
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mad fer united
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#25
How many Actuarial Exams are there as part of the Institute of Actuaries....
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W.A.S Hewins
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#26
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(Original post by mad fer united)
no worries.

I am finding though, that most people prefer MORSE/MMORSE to ACTUARIAL SCIENCE/BMS, c'mon where are all the people sticking up for ACTUARIAL SCIENCE/BMS at LSE?

Does this mean that the LSE is overrated if people are willing to reject it for Warwick?
Frankly, you worry me. On the other hand I'm more worried about the school teachers, friends and parents who give you 'advice' (nothing personal you understand). Where did you get the idea that Warwick is close to LSE in terms of standing and academic weight?
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cktlee1
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(Original post by W.A.S Hewins)
Frankly, you worry me. On the other hand I'm more worried about the school teachers, friends and parents who give you 'advice' (nothing personal you understand). Where did you get the idea that Warwick is close to LSE in terms of standing and academic weight?
well, I did get my information from respectable employers, career advicers, and even from members of the institutes of actuaries that Warwick has better maths reputation than LSE in UK (however LSE better for international) , and that its more preferable to do MMORSE than Actuarial Science. So sorry I does not have statistics to back up, but sometimes qualitative evidence is better than quantitative evidence :P

some statistics, the MMORSE course is supplied by departments whom achieved 6* rating for researches...thats less related to academic for undergrate courses though....but still
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an Siarach
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(Original post by cktlee1)
well, I did get my information from respectable employers, career advicers, and even from members of the institutes of actuaries that Warwick has better maths reputation than LSE in UK (however LSE better for international)
If you intend to reach the very top of your chosen field or profession then international reputation should be all that concerns you. Forget provincial newspaper ranking induced views on standing etc.
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cktlee1
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(Original post by an Siarach)
If you intend to reach the very top of your chosen field or profession then international reputation should be all that concerns you. Forget provincial newspaper ranking induced views on standing etc.
i strongly disagree with that. IMO, to reach the very top of any field, undergraduate course knowledge should be solid as further knowledges are built on top of this. Hence, in choosing an UG course, it is more important to consider the maximum knowledge u could gain...especially transferable skills and experiences.

The undergraduate course is therefore less important whether the international reputation is strong or not if u really do want to be at the TOP. International reputation shouldn't come in until masters or postgraduate course, where the quality of work is clearly distinguishable between the best and worst.


In relation to UG and career, international reputation would be more important to those who are either international students who will return to their home country for careers, or those domestic students whom seek opportunities to work oversea, and in both cases, are considering to be at multinational firms immediately after their graduation. However, it is generally accepted that it is harder to get a job if u apply from outside the country, and worsen if u think there is any chances of applying for higher positions if u haven't even got work experience.

Alternatively, I prefer where an individual work hard in multinaional company for domestic market (ie. work in top firms in UK) and then being transferred to another country by the company's request...This would show that the company has recognised your ability to be worthwhile and capable of working in international environment.
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cktlee1
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#30
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(Original post by mad fer united)
How many Actuarial Exams are there as part of the Institute of Actuaries....
Ok, this may be wrong, because i am intepretating it from the booklet the institute sent me.

In completion of Core technical stage, which is 8 exemptions, CT1 to CT8 , u gain "Certificate in Acutarial Techniques"

In completion of Core Applications Stage, its generally applying knowledge from technical stage to real world. This include CA1 to CA3, and u meet the examination requiremtns for "associate"

u then have whats call a specialists technical stage which u choose 2 specific areas to concentrate on, and a specialists appllications stage which further concentrate into one area.

In completion of all the core and specialists steach, u become a "Fellow of the Profession"....

so i think there is 14? CT1-8, CA1-3, ST x 2, SA x 1


so...erm...dunno if i have answered your questions, I am quite confused myself lol. But University will mostly provide courses for exemptions in Core Technical stage, and in general only a few courses can get u onto core application and specialists technical stage...It also stated that specialists applications are not transferable from uni modules....

MMORSE will only provide exemption from CT1 - CT8
not sure about LSE
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BigDog04
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#31
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Take it from me - LSE is MUCH MUCH better - dont konw much about the course differences but in terms of getting a job internationally or nationally only oxbridge or cambridge compete with LSE. Warwick is v highly regarded so whichever u choose u wont go wrong but LSE is better though.
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W.A.S Hewins
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#32
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(Original post by BigDog04)
Take it from me - LSE is MUCH MUCH better - dont konw much about the course differences but in terms of getting a job internationally or nationally only oxbridge or cambridge compete with LSE. Warwick is v highly regarded so whichever u choose u wont go wrong but LSE is better though.
Exactly. Warwick has been very fashionable in the UK for the last 15- 20 years but this cannot match LSE's track record which is based on a lot more than fashion: it is the European home of the social sciences (which includes the economic and management disciplines), with a proven and continuing impact on public policy and debate. Warwick is a good all round university which pleases the inspectors and the domestic league table compilers, but it has not had the academic and public impact of LSE, whether your advisers know of this or not...A more apt comparison for Warwick would be York or City.

And as for this idea of a watertight division between national and international rep...well we now live in a globalised environment, and the field you are entering is an increasingly internationalised one anyway: when it comes to it you need names on your CV that are recognised both nationally and internationally.
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HammaL
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#33
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(Original post by W.A.S Hewins)
Exactly. Warwick has been very fashionable in the UK for the last 15- 20 years but this cannot match LSE's track record which is based on a lot more than fashion: it is the European home of the social sciences (which includes the economic and management disciplines), with a proven and continuing impact on public policy and debate. Warwick is a good all round university which pleases the inspectors and the domestic league table compilers, but it has not had the academic and public impact of LSE, whether your advisers know of this or not...A more apt comparison for Warwick would be York or City.

And as for this idea of a watertight division between national and international rep...well we now live in a globalised environment, and the field you are entering is an increasingly internationalised one anyway: when it comes to it you need names on your CV that are recognised both nationally and internationally.

Does Howard Davies actually pays you to come here and spend ur time to promote LSE? You always think about the "name" to be put on "CV". I mean thats not so important compared to how good you can do the job. Doesn't matter ur from Harvard or Cambridge...if someone else has received a 'better' education/training and can do the job better than you...then 'Names on your CV' wouldn't make that much difference would itt? I remember J.S. (remember him? ) explained this, thoroughly, to you and others but you don't seemed to have picked it up. I agree with cktlee1, he knows what he's talking about.

Anyways although MR. Hewins says that Warwick “cannot match LSE's track record” I am still going to say Go for Warwick..because for this subject, MMORSE has the upper hand and you would receive better/broader education than someone who is doing a 3 yr Mathematics with XYZ degree at LSE.
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cktlee1
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#34
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Good to see someone sharing the same view as me, thx HamaL ~

(Original post by W.A.S.Hewins)
And as for this idea of a watertight division between national and international rep...well we now live in a globalised environment, and the field you are entering is an increasingly internationalised one anyway: when it comes to it you need names on your CV that are recognised both nationally and internationally.
I suppose Warwick, (or york or City) also has a good rep internationallly too even though it is not comparable with LSE's. Employers might not think the same as me, but IMO if I am an employer, I would be happy as long as the graduate is from a university that is known. Other than that, I would rather look at their breakdown results of their degree, their strength and weakness, and most importantly their communication skills and personal qualities (including self-motivation and innovation). The company itself will provide suitable training scheme that enable even n00bs (ok maybe not that far) to become professional at their position.

And actually, for someone to work in a financial field, actuary field, accounting field, etc....You dun really even need University degree to work in there...Companys like KPMG, Goldman Sachs, PwC, even provide post A-level schemes...Hmm, maybe an international rep of a secondary school matters?
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cktlee1
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#35
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the thread starter has ran away? lol :P

(Original post by mad fer united)
No I'm going to a students open day held in Birmingham. And hopefully can find out if they prefer the MMORSE or ACTUARIAL SCIENCE degree. Though I doubt they will give me a straight answer.
Mad fer united! U said u were gonna come back and tell us what PwC said about these two subjects! Dun u dare keep these informations to yourself and not share it with us! lol :P Come back~
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W.A.S Hewins
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(Original post by HamaL)
Does Howard Davies actually pays you to come here and spend ur time to promote LSE? You always think about the "name" to be put on "CV". I mean thats not so important compared to how good you can do the job. Doesn't matter ur from Harvard or Cambridge...if someone else has received a 'better' education/training and can do the job better than you...then 'Names on your CV' wouldn't make that much difference would itt? I remember J.S. (remember him? ) explained this, thoroughly, to you and others but you don't seemed to have picked it up. I agree with cktlee1, he knows what he's talking about.

Anyways although MR. Hewins says that Warwick “cannot match LSE's track record” I am still going to say Go for Warwick..because for this subject, MMORSE has the upper hand and you would receive better/broader education than someone who is doing a 3 yr Mathematics with XYZ degree at LSE.

Hi Hamal, you always bring it down to a personal level old fruit, don't you ? And thanks for the recent neg rep: I'm still hunting the elusive world record score in that regard.

One other factor in LSE's favour, and you would appreciate this if you knew the institutions concerned as well as I do, is the tremendous vibe of student life at LSE: the sheer interaction with the outside world via visiting speakers and staff and students who are so energetic and involved with public life. Warwick, for all its merits, simply does not have that, and yes it matters.
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HammaL
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(Original post by W.A.S Hewins)
Hi Hamal, you always bring it down to a personal level old fruit, don't you ? And thanks for the recent neg rep: I'm still hunting the elusive world record score in that regard.

One other factor in LSE's favour, and you would appreciate this if you knew the institutions concerned as well as I do, is the tremendous vibe of student life at LSE: the sheer interaction with the outside world via visiting speakers and staff and students who are so energetic and involved with public life. Warwick, for all its merits, simply does not have that, and yes it matters.

No i don't bring it to 'personal level'...I just don't think you are right to promote LSE just because of its 'NAME'. Here i agree with you, "the sheer interaction with the outside world" at LSE is something unique and wonderful...However the topic of this thread is about MORSE and Acturial science and i think MORSE is the 'better' course.
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mad fer united
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#38
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(Original post by cktlee1)
the thread starter has ran away? lol :P



Mad fer united! U said u were gonna come back and tell us what PwC said about these two subjects! Dun u dare keep these informations to yourself and not share it with us! lol :P Come back~
I'm going tomorrow! So will keep you updated on thursday morning on what they say! At the moment I am edging towards LSE because four years of MMORSE does not appeal to me. I want to be done and dusted in 3 years.
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cktlee1
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ooh~ oops, i had poor memory, thought u went last week :P
okok cool cool

join the game! see my sig!
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TheWolf
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#40
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As I said on another thread:

Maths, Operational Research, Statistics, Economics, are all pretty Ib-friendly, and after your MORSE degree, I would think that you can branch off to many other areas of post grad studies. LSE's management science is similar to MORSE i think. Well 'management sciences' and 'operational research' are pretty much inter-changeable terms. I know that most people who do management sciences go to IBs.

BUT, I would go for LSE's acturial science because:

1.LSE's rep > Warwick's
2. If you don't like acturial science, you can change to Business Mathematics and Statistics after your first year (refer to prospectus), as the 1st year modules are the same for both courses. This is good, as after your first year, you will have a good idea which road you want to take. If you are sure you want to be an Actury - you'll carry on doing Acturial Science. If you want to have a course more like MORSE at Warick, you can do Business mathematics and statistics. The courses is similar to MORSE in that you can choose to do Operational Research, Economics, Finance...etc. If you look at the prospectus (pg 78+79), BMS is a very flexible course, so please--> no bull about LSE's course not flexible etc..
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