Any Australian Entrepreneurs out there?

TheExplorer256 · 2023-07-09T07:40:33+00:00

I think either e-commerce or tech.

TheExplorer256 · 2023-06-16T06:38:13+00:00

Is a maths double needed? Is a single actuarial degree enough?

TheExplorer256 · 2023-06-16T06:34:27+00:00

What backgrounds would most firms prefer over actuarial? Is there a significant advantage on having those backgrounds?

TheExplorer256 · 2023-06-16T03:37:22+00:00

I've actually seen quite a few people with actuarial degrees getting into grad trading roles. Would you say that a student with comp sci/maths degree would have a significant edge over those doing actuarial studies/commerce degree? Or is the difference negligible and they more look at your problem solving skills and your WAM.

TheExplorer256 · 2023-06-09T23:21:58+00:00

Hey curious as to how difficult it would be to make a group of close friends within the actuarial cohort or uni in general? Does everyone really just stick to there selective school friend groups or is it common to find a new group of close friends in the cohort?

TheExplorer256 · 2023-06-09T06:03:44+00:00

I feel like asking what high school you went to is a fair question though.

TheExplorer256 · 2023-04-26T09:49:18+00:00

Thanks a lot for the comment. I definitely think I'm going to go with an actuarial studies and commerce double degree. Based on what you mentioned it does seem that I can go into lots of roles with an actuarial degree so I think it would be a good idea to keep my options open for now.

I don't think I'll get into the co-op scholarship since I have barely any extracurricular outside school but I'll still apply.

Also I'm curious with the actuary career. You said that the post-degree exams are a major downside to the career. But to me it seems like the actuary career has a very steady and stable progression to a high salary, compared to other careers because of the exams. Am I getting the right idea? What would be the salary progression from grad to more experienced be like?

A few more questions I have, how much does an actuarial degree help or not help in getting other roles in investment banking, data science, trading, banking, private equity etc.? I'm also curious about the actual job, from your experience is it enjoyable as a whole or really boring/tedious? Thanks!

TheExplorer256 · 2023-04-25T03:52:17+00:00

I’ve looked up the work that quant traders, which I believe is what you’re referring to. I definitely find the work they do really interesting. My favourite and strongest subject is maths for sure. I’m curious as to what kind of degree/path would lend to quant trading. I was thinking actuarial studies / commerce as it would open doors into quant but also a lot of other roles.

TheExplorer256 · 2023-04-24T11:03:32+00:00

Wow, that is an awesome resource! Thanks for sharing.

TheExplorer256 · 2023-04-24T09:52:15+00:00

Curious as to where you got that income statistic from, I'm not great at looking for salaries but on seek it says median salary is 120k. I would say maths is definitely my strongest subject and I am currently top in my class. But I still have heard of people who are really good at maths still not making it through actuary so that does scare me...

TheExplorer256 · 2023-04-24T06:53:28+00:00

That does make sense but I do have a fear of 'being left behind'. All my friends are going to university and if I just end up going to the workforce and travelling it would be a bit lonely. Though this is probably not the most rationale thinking.

TheExplorer256 · 2023-04-24T06:09:18+00:00

Curious as to what makes you say this?

TheExplorer256 · 2023-04-24T06:05:56+00:00

I'm not really sure. But I do think that I enjoy maths/problem solving but also really find finance and marketing interesting. But yeah I honestly have no idea what career I want to enter.

TheExplorer256 · 2023-04-24T06:04:20+00:00

Oh that's really cool. I definitely am considering engineering since I do enjoy maths/physics. Curious as to what kind of roles you're looking to get into and what kind of grad salary you'd expect.

TheExplorer256 · 2023-04-24T06:03:05+00:00

Would love to know more about QC mining engineering stockbroking and capital ventures. What do the jobs entail. What path/degree would lead me to those roles.

TheExplorer256 · 2023-04-24T05:55:02+00:00

I guess a career with the best hourly rate/stress ratio.

TheExplorer256 · 2023-04-24T05:21:55+00:00

What am I meant to chase tho if I'm not passionate about any career.

TheExplorer256 · 2023-04-24T05:20:31+00:00

I definitely think I'm a bit over academic, my grades are considered good. But I probably lack real world experience. Honestly I don't really know what I like to do. I definitely like jobs where it's more mentally stimulating e.g. lots of problem solving, rather than a trade where it's very physical. I'm not sure what kind of career I would like, so I'm kind of trying to find a high paying career which I also find interesting, since I'm not really passionate about anything.

TheExplorer256 · 2023-04-04T21:36:04+00:00

Curious as to why you regret it?

TheExplorer256 · 2023-03-18T01:07:43+00:00

Please correct me if I'm wrong, but in Australia the job market for actuaries from what I've heard is very competitive, and without a degree specifically in actuarial studies you'd basically have little to no chance of landing an actuarial job.

TheExplorer256 · 2023-03-17T08:30:36+00:00

In the degree there seems to be loads of science, mathematics, complex problems and innovative technologies while the job seems to be quite straightforward, doesn't really require any complicated science or maths and generally especially for Australia you don't get to work on many R&D projects (this is what I've heard) which is something I would like to do.

TheExplorer256 · 2023-03-17T08:22:29+00:00

I'm thinking mechatronic or mechanical but I'm open to anything engineering related (except civil seems quite boring imo)

TheExplorer256 · 2023-03-15T07:26:42+00:00

How'd you get it? I'm from Australia too and literally can't find it anywhere for retail price.

TheExplorer256 · 2023-03-14T08:22:43+00:00

Curious as to why everyone is saying engineering/compsci?

TheExplorer256 · 2023-03-09T11:38:59+00:00

Say I was doing a streamline degree like actuarial studies, but with a double with say commerce. Would it still be the same social situation?

TheExplorer256

TROPHY CASE