About Actuarial Science

International Students
1

<p>Is actuarial science only a graduate subject???do we have to major in maths/applied maths at undergrad first???aren't there any colleges which provide actuarial science at undergrad level???</p>

2

<p>For actuarial Science you usually study Mathematics or Economics or something really quantitative, and then take the professional exams if you want to apply to actuary firms. There are two professional exams- The CAS and SOA. The CAS is one single exam while the SOA is a multistep five exam. The SOA is more common amongst undergrads. Usually as an undergraduate it would be ideal to pass the first exam before you canny apply as an actuary and the second exam would be a bonus. You take the rest later.</p>

<p>Do not study actuarial science!!! Its kind of a waste when you just have to take the professional exmas to be an actuary and extremely limiting. A Math major would prepare you significantly for the actuary exam. The first part of the SOA is heavy on probability distributions so you gotta be strong in that area.</p>

3

<p>“Do not study actuarial science!!! Its kind of a waste when you just have to take the professional exmas to be an actuary”…Does this mean that its all about the exams and whether we major in it or not,it doesn’t matter…what about the degree???even if we graduate in actuarial science,all that matters is “exams” only???
God,this is so embarrasing…
Please,as you are a senior user, can you suggest me what should I do???because my only interest is in Maths and I so wanted to be an actuary…that would be so kind of you…</p>

4

<p>LOL word of advise- senior user does not mean you are knowledgeable. Just means you racked up lots of posts regardless of if they are meaningless or substantial.</p>

<p>I think you would need to take the exams, I might be wrong about actuarial science, but I just think having a math major grants you more flexibility in terms of prospects available to you after your degree, and making sure you are not just limited to actuarial science:</p>

<p>[Becoming</a> an actuary | The Actuarial Profession](<a href=“http://www.actuaries.org.uk/becoming-actuary/pages/becoming-actuary]Becoming”>Become an Actuary)</p>

<p>[Being</a> an actuary | Prospects.ac.uk](<a href=“http://ww2.prospects.ac.uk/p/articles/being_an_actuary.jsp]Being”>http://ww2.prospects.ac.uk/p/articles/being_an_actuary.jsp)</p>

<p><a href=“http://www.wisdomandwonder.com/article/4120/what-is-so-bad-about-being-an-actuary[/url]”>http://www.wisdomandwonder.com/article/4120/what-is-so-bad-about-being-an-actuary&lt;/a&gt;&lt;/p&gt;

<p>(Look at post 6)</p>

<p>Just google: How to be an actuary </p>

<p>Google is man’s best friend</p>

5

<p>thank you for the replies sefago…</p>

6

<p>and i have to say,post 6 is really really good</p>

7

<p>Do some research first before commenting on actuarial exams. There are 10 of them including online modules that you have to take.</p>

<p>The median number of years needed to pass all these exams is 8 years and the average is 10 years. Good luck.</p>