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Actuarial and financial studies

  • 12-03-2012 7:21pm
    #1
    NicKoreaN
    Registered Users, Registered Users 2 Posts: 17 ✭


    I have heard that there is a six month professional placement in ireland, the UK or the USA. Is it up to everyone or just to those who achieve high standards in the course? And if you get to go, is it depending on you where to go? or can you choose which country to go? where are the possible options? just uk,usa and ireland? or asia or somewhere else?

    How standard does L.C. maths has to be to cope well with the course?
    (I know maths is very important. but should it be A1 standard?)
    Are the contents you learn in the course are similar to the L.C course? Anyone who has done UCD BAFS course or anyone whom you may know, what do you do after the course? do many ppl take masters or postgrads degree or straight go into the workplace? At the end of four yrs what are the graduates specialised as(as in honours degree in what subjects?)

    Is the course well recognised over abroad?

    Thank you very much for reading my inquiry. Wish anyone has any information could help me out! Thank you!

    p.s. the minimum CAO points last yr was 545 and it stated that average CAO points last yr was 570,,, is that true? It sounds like only geniuses get into the course:confused: and one last point i dont do irish since im a foreigner, would that matter because it shows irish as one of the entry requirements. tnx!
    Tagged:


Comments

  • #2
    Yuugib
    Registered Users, Registered Users 2 Posts: 432 ✭✭Yuugib


    Hey,

    If you have official Irish exemption then there won't be any problems with Irish entry requirements.

    I'm currently in 2nd year of BAFS and I can confirm that it's your choice where do you want to have your work experience. Usually all students get some sort of work experience in third year, some may be in trading rather than in actuarial departments. Obviously, the better grades you have, the more chances you get at a good work placement. Not sure in regards to experience in Asia.
    They look at your first and second year results as far as I know. They recommend to have B+ or higher for certain subjects if you wish to pursue career as an Actuary, as these will give you exemptions at the end of your degree from CT exams (Actuarial professional level exams).

    After you get your degree you can go directly into work placement and do the rest of the exams while you work, or get a masters in different area. As the course is partially financial and partially mathematical you will be able to apply to wide variety of masters.

    Most students in the course have either A1 or A2 in LC maths. There is a lot of maths modules, but if you are a hard worker you'll manage. There is a lot of support available if you get in trouble, like maths support center and tutorials. Also befriend your peers, as their help in certain areas will be invaluable.

    Perhaps somebody else can comment on the rest of your questions. Sorry for long post.


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