ACTUARIAL SCIENCE: Everything You Need to Know (US & Canada)
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What exactly IS actuarial science?
How is it used in the real world? What are actuarial exams like?
I'm sure you have SO many questions about this field, so I'll answer as many of them as I can in today's video!
What's your favorite part about actuarial science?
Do you have any more questions that I missed here?
I'm happy to answer them! Just let me know down in the comments! :)
• Intro
• What is actuarial science?
• Real world application
• Here's why people become actuaries!
• How to be a "good actuary"
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Introduction to Actuarial Science
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Actuary is rated the best job of 2015 by CareerCast.com because it pays well and offers abundant opportunities for advancement.
You may have heard of actuarial science, or you might even know an actuary, but do you know what an actuary does? During the course you’ll hear from a wide variety of actuaries about their careers.
And don’t be scared that the course will be “just a whole lot of mathematics”. Together, we will go beyond the math to learn how actuaries approach problems relating to risk, using examples from:
Finance
Investments
Banking
Insurance
You will learn how actuarial science applies mathematical and statistical methods to assess risk in these industries and other professions.
You’ll experience “hands-on” learning using Excel (or an equivalent spreadsheet tool) to project and investigate the financial condition of a company choosing appropriate strategies for the company through the use of simulations.
The course has been carefully designed for students from a wide variety of backgrounds, with secondary/high school level being the only assumption of mathematical background. Even if you don’t have any background in, for example, calculus, the course has been designed so you can skip over these sections without affecting your understanding of the rest of the course. You also do not need to have any Excel or other spreadsheet background to take the course.
For those with stronger mathematical backgrounds, extension questions are provided to test you further. You’ll learn a huge amount about actuarial science no matter what your background is!
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Description
Actuarial Science
Actuarial Science is a Course of Study in many Universities and Schools around the world. There are many Jobs Opportunity when you study this Course.
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