Friday, November 28, 2008
so i finally got my university offer letters.
i've decided on taking up Actuarial Studies.
well, some of u might ask me what's Actuary.
so here's a brief explanation on it..
WHAT is an ACTUARY?
A financial services professional who manages or advises clients on risks of financial events
WORK Place of an Actuary:
- Life insurance company
- General (non-life) insurance company
- Pension fund
- Reinsurance company
- Others: Investment houses, banks, government, and consulting firms
CARRER PATH of an Actuary:
- design and run financial models, generate data and information, assist actuary to formulate his/her advice.
- specialize in one area – product development, financial projection, risk analysis
- while doing the above (in an insurance company) sit for exams (and pass them) qualify as an actuary
- related career: risk management (e.g., Chartered Enterprise Risk Analyst)
What an Actuary study?
- Mathematics
- Statistics
- Economics
- Finance
- Insurance
- Others: Business, Law, Accounting
yeap, that's bout it.
i got offers from ANU and MelbourneU
but, i havent decided on which to accept.
ANU's in Canberra (an administrative city)
which is quite close to Sydney.
i dont quite know how's life like there.
but i do know, the living cost is almost like Sydney's or Melbourne's.
except, life's dull there cos it's a quiet place.
but ANU's of cos a university of Top Ranking.
MelbU, i've got relatives living in Melbourne...
if we're talkin bout being independent, i think ANU would be a great choice.
but it's a long term investment.
would i like Canberra? hmm..
ANU offers a degree in Bachelor of Actuarial Studies but MelbU offers a degree in Bachelor of Commerce(first year general).
ANU's pretty specific.
well, there's good to it, and also bad.
What if i don quite like actuarial studies? it'll be tougher for me to change.
in MelbU, i can only major in actuarial studies in my 2nd year.
or i can choose another major such as, accounting, business, finance, management, marketing?
so it's more flexible in MelbU.
but the tuition fees at MelbU is so much more expensive..
argghh!! help.. i cant decide.. =(
11:32 PM
