Target School to Actuary

cdplayersony's picture
Rank: Chimp | 11

I am entering my junior year at a school that some would consider a target school (top 12 usnewsandworld)

I need some career advice/suggestions.
I took classes from a state university and my credits transferred so I can very probably graduate this year (as long as my class schedule works out). I do not neccessarily want to graduate this year since junior and senior year were sort of set up to be my "grade buffer" years, but due to recent events I have some financial constraints and would probably be forced to take a loan for the final year if I were to stay.

I have been considering the field of actuarial sciences as a career option. First off, is this in a way a waste? A reason why I am iffy about pursuing this career is because I feel like I could have paid literally an 1/8th of the tuition, gone to a public school ranked in the top 45 (usnewsand world) and done the exact same thing (not to mention with a lot better grades and more free time).

I'm sitting around a 3.2, feel confident I can get it up to a 3.6-3.7+ if I stay for a senior year (I can overload easier classes).

Do I graduate a year early and become an actuary, or do i stick out another year, take on some loans and try for something... better? I was also thinking about law school...

thanks in advance

Comments (7)

Aug 31, 2010

oh yeah i guess i forgot to mention im a math/econ double major (also if i stayed on another year i would probably earn a minor as well)

Aug 31, 2010

stay in school until you have at least 2 exams passed and 1 internship

Aug 31, 2010

Its pretty hard to give you an opinion without your saying why you are considering becoming in actuary.

Aug 31, 2010

what is your life plan, how much do you wanna make by the time you have 5,10,15+ years of experience...

Aug 31, 2010

@Bulbasaur, I plan on taking my first exam this coming september/october (im signed up) and plan on taking my second one sometime in Feb., so I will (well, i plan) have two exams passed, and I have interned at an actuarial firm for roughly 5-6 months now.

I think I would want to become an actuary because I feel its a pretty solid career that I feel I can be pretty successful at. I've been doing math at an accelerated rate for as long as I remember and feel this could apply in accelerated actuary exam taking.

I guess my problem is that I don't really know waht my life plan is. Coming into college I always thought id want to get my masters in finance then take on a related position, but now I'm not too sure. I guess I'd be pretty ok with 150k+, would like at least 200k+ by 5/10 years time. I was thinking I would actually maybe either get an mba or phd sometime down the line to help with the corporate ladder climb?

At the same time I feel like id wanna try my hand at some quant heavy finance career.

Aug 31, 2010
cdplayersony:

@Bulbasaur, I plan on taking my first exam this coming september/october (im signed up) and plan on taking my second one sometime in Feb., so I will (well, i plan) have two exams passed, and I have interned at an actuarial firm for roughly 5-6 months now.

I think I would want to become an actuary because I feel its a pretty solid career that I feel I can be pretty successful at. I've been doing math at an accelerated rate for as long as I remember and feel this could apply in accelerated actuary exam taking.

I guess my problem is that I don't really know waht my life plan is. Coming into college I always thought id want to get my masters in finance then take on a related position, but now I'm not too sure. I guess I'd be pretty ok with 150k+, would like at least 200k+ by 5/10 years time. I was thinking I would actually maybe either get an mba or phd sometime down the line to help with the corporate ladder climb?

At the same time I feel like id wanna try my hand at some quant heavy finance career.

actuary is a good career choice but it is kinda hard to break in with out 2 tests and internship do you want to be a life actuary or property

Sep 1, 2010
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