Hey guys, so I’my considering being an actuary and I’ve looked into Uni’s already, but I’m just a little lost on what an actuary REALLY does. Like I’ve googled and watched videos but I’m also asking myself why not do investment banking or Tax because it seems fairly similar. Could anyone break all of them down a little more for me?(In context I’m still doing my yr 11 ig’s but I have to pick my A-Levels subjects now so a rescission must be made by 6th Jan)
#Actuarial Science
sand copper
tardy lodge
Actuary is just about creating algorithm, there are tons of field after actuary like insurance etc.
neat sky
And how would it compare to a quant?
quants and actuaries differ A LOT
quants are much much more math heavy
and more programming heavy
a quant usually analyses recent stock data trends and uses some crazy math formulas to create some strategy which they will then code and then backtest
actuaries in insurance handle risk management by using statistics in probability to model the data- i have a friend who works as one, he says he basically doesnt even use the math he learnt in school
sand copper
quants and actuaries differ A LOT
Yeah which is why I’m rlly torn
Any ideas on 4 A-Levels by which I could technically do both?
sand copper
actuaries in insurance handle risk management by using statistics in probability...
Oof
I like the work life balance that actuaries get
But I like the career progression and pay that quants get
neat sky
Any ideas on 4 A-Levels by which I could technically do both?
math, fm, comp sci, then choose physics or econs
sand copper
math, fm, comp sci, then choose physics or econs
Out of phy and econs
Which would you pick?
I personally might change
Cuz I picked math fm phy and econs
neat sky
Out of phy and econs
if u have ur mind set on actuarial science or quant do econs but if ur thinking of doing engineering then physics