career choices for MORSE and Actuarial Science?

I need help! MORSE in warwick or Actuarial science in LSE???
I'm not sure if I want to be an actuary so should I still consider Actuarial science in LSE, will the course limit my choice of careers? What are the job prospect of both courses? :confused:

Reply 1

cktlee1

Abit suprised no one's replying this thread? hehe

here is a thread we started 2-3 months ago. Have a read to get some information u wanted? hope it will help u.... there are other threads floating around LSE and Warwick sub-forum too...

http://thestudentroom.co.uk/showthread.php?t=89229

there are a few other people out there in the same situation as u...in general, international students would prefer LSE for its rep... nevertheless most admitted that the course in Warwick is better. Coz Warwick is relatively unheard of, whereas LSE is highly recognised in large cities.

As for career prospect... choosing LSE N321 does not limit ur career field that much...

Firstly, for non-actuary fields, employers looking at LSE grads tends not to care about the degree, but the classification u can achieve...N321 would simply be classified as one of the Maths/Econ degree... Secondly, as most people will point out, after the 1st year in LSE when u have a greater insight to the subject, u can change to BMS, so a more flexible course. However, both BMS and N321 can still get u to most financial jobs.

As for warwick MORSE...the flexibility has obviously allowed u to enter a wide range of career fields. However Warwick is slightly weaker in connection with top London based firms compared to LSE (but still strong), instead, warwick has very good relationships with SME and larger firms in Birmingham. Still, MORSE students can quite comfortably compete with LSE N321 Students in Actuary fields if u decided to work in UK. In fact, most UK employers prefered a Maths degree rather than an Actuarial Science degree for actuary.

Then, commenting in Actuary fields...LSE let u do way more exemptions (think its 8) than the 3 years course MORSE (only 3), so a higher starting salary and stuff. If u decide to go on MMORSE actuarial stream, u get 7 exemptions done maximum when u grad, its only 1 less exemption compared to LSE, but obviously u have a Master. Not too sure about starting salaries on this.

MM...lol, thats just from various objective sources put together... In the job market, most employers simply say...both LSE and Warwick are about the same in terms of employability. What is more important is getting a 2:1 or first, and that u've good personal transferable skills like communication, logical thinking, problem solving etc.

Hope this helps...and hope the others dun kill me for commenting on this again :P

Reply 2

cktlee1

just realised i didn't reply your thread :s-smilie:

both courses can go to accountancy, investment banking, risk management, etc. so, for the range of jobs u can enter, they're about the same, with MORSE slightly slightly wider..... both courses prepare u for Statistical analysis....so numerical jobs :smile:

Reply 3

chuey

OP

cktlee1

just realised i didn't reply your thread :s-smilie:

both courses can go to accountancy, investment banking, risk management, etc. so, for the range of jobs u can enter, they're about the same, with MORSE slightly slightly wider..... both courses prepare u for Statistical analysis....so numerical jobs :smile:

thanks...helped abit though. just wondering what made you so confirm of your choice to study in warwick? after reading some other threads, im kind of leaning towards LSE now bcoz it provides more exemption for actuarial exam, and still it's just as flexible as the MORSE if i change my course to BMS. :rolleyes:

Reply 4

cktlee1

i asked a current 3rd year student in LSE, he said LSE only prepare u to do the exemptions and explorer little outside the area, or little beyond the exemption level. Whereas his friends from MORSE seems to know a broader range of ideas, and concepts are looked at more deeply and tends to show how they derived. I kind of like the latter coz it suits my style of learning.

I never worried too much about job prospects, coz i won't aim at working in Top Top Top Firms straight after grad, its too difficult and pretty pointless to give myself such stress. Exemptions are also less of an issue to me, coz I'm pretty keen on part-time courses after grad, so i'd rather spend 4 years building a solid background knowledge, then being specialised in one area only.

Also...i'm aiming for MMORSE..the 4 yr course...i wanna get a master :biggrin:

career choices for MORSE and Actuarial Science?

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