Actuarial Mathematics

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  • paintballrulzs
    Registered User
    • Jul 2001
    • 1869

    #1

    Actuarial Mathematics

    Anyone studied/study actuarial mathematics? This is my intended major in the fall and just curious if we have any actuaries on the forums. Its unlikely, but worth a shot.

    www.beanactuary.com For those who have no idea what I am talking about.

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  • Chojin Man
    toodle
    • Dec 2003
    • 1229

    #2
    That is some pretty interesting stuff. So what do you plan to do with it?

    Comment

    • jwren00
      Registered User
      • Aug 2002
      • 302

      #3
      I'm a senior right now, about to graduate with degrees in economics and financial mathematics/statistics. I know several people in my classes that are going into the actuary field, but personally I want to get into quantitave finance/hedge funds and the whole financial engineering area. Most of them are taking the first actuary test this month. I think it's a cool job. You don't have to work huge hours like you do in finance, and you can get paid really well straight out of college. One of my math buddies is interviewing for an actuary job right now with Fireman's Fund insurance in san francisco. So yah, I say go for it. You get to do really cool stuff with advanced probability theories and statistics. Good pay, and a fun job if you like math!

      Comment

      • paintballrulzs
        Registered User
        • Jul 2001
        • 1869

        #4
        Originally posted by jwren00
        I'm a senior right now, about to graduate with degrees in economics and financial mathematics/statistics. I know several people in my classes that are going into the actuary field, but personally I want to get into quantitave finance/hedge funds and the whole financial engineering area. Most of them are taking the first actuary test this month. I think it's a cool job. You don't have to work huge hours like you do in finance, and you can get paid really well straight out of college. One of my math buddies is interviewing for an actuary job right now with Fireman's Fund insurance in san francisco. So yah, I say go for it. You get to do really cool stuff with advanced probability theories and statistics. Good pay, and a fun job if you like math!
        I am going to attend Bryant College in Rhode Island to study. I have considered it for the last couple of years. I have always had a strong background and do very well in Calculus and Statistics seems like a joke to me. I knew that I had to study something involving mathematics because the rest of my subjects aren't interesting to me and my grades aren't amazing. I like the high pay and good jobs. It is easy to find a decent job anywhere in the country. I hope to have atleast the first test taken before I graduate and have test 2 taken the summer following.

        "That is some pretty interesting stuff. So what do you plan to do with it?"

        Become an actuary.

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        • jwren00
          Registered User
          • Aug 2002
          • 302

          #5
          make sure you get good grades in college, you won't be able to find a job with anything less than a 3.0, try to get atleast a 3.5. Oh and statistics gets MUCH harder in college, so don't get too cocky. The statistics you're taking in high school is not statistics.

          Comment

          • paintballrulzs
            Registered User
            • Jul 2001
            • 1869

            #6
            Originally posted by jwren00
            make sure you get good grades in college, you won't be able to find a job with anything less than a 3.0, try to get atleast a 3.5. Oh and statistics gets MUCH harder in college, so don't get too cocky. The statistics you're taking in high school is not statistics.
            Ya I am not trying to be cocky. I just have found it simple. I understand that it gets harder. The stats i am in now is basically algebra and stats. While in college much more calculus and advanced math will be involved. I am shooting for a a 3.80 but it will be difficult. I am going to be focusing so hard on my studies so i think i can do it. I have to maintain a 2.8 for my scholarships ne way......but that is not high at all.

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            Comment

            • jwren00
              Registered User
              • Aug 2002
              • 302

              #7
              yah 3.8 will be tough. You should be able to keep a 2.8 easy though.

              Comment

              • paintballrulzs
                Registered User
                • Jul 2001
                • 1869

                #8
                Ya I dont think it will be too dificult to maintain a 3.0. I have a 3.6 in high school and can honestly say I haven't tried all that hard

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