quote:
Getting a masters degree in actuarial sciences is kind of a waste of time he made it sound like unless you have a hard time studying on your own. People who pass the exams and fast are dedicated workers who can self motivate/study. Especially since you do this either while in school or while working a full time job.

Yeah I can see it being a waste but I feel like it would be a solid refresher course and get those who do not test proficiently prepared which the masters program may or may not do. No telling. If the first two exams will put you in the field it does not sound like a bad deal based on the financial compensation.

As there are only six in LA I am assuming they work in New Orleans. I'm also assuming there wouuld be more positions available in Charlotte as it's a decent sized financial district but I do think more than likely you would end up having to move to ATL, Chicago, or NYC which would be miseralbe.

That's interesting there are only 6 in Louisiana.

This post was edited on 3/26/13 at 1:01 pm

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Posted by LSUTigKyl

Nashville

Member since May 2009

1815 posts

Posted on 3/26/13 at 1:29 pm to Mootsman

I work in the Pension/Defined Benefit field in Nashville, TN. We deal with retirement plans. I actually recommend going in a different field as the future of defined benefit plans is very uncertain.

For exam p, I used an online course through The Infinite Actuary. Google them for the web address. It's quite pricey, but it taught me everything. You do get 50% off if you are a student. If you would like a cheaper route, I would use the ACTEX manual for Exam P, but after that ACTEX is garbage, and I would go with the ASM manuals for the future exams. I hope this helps.

Edit: For the OP, I was a journalism major in Undergrad. I went back and got my masters at MTSU in Actuarial Science in order to help learn this type of math (it's very difficult) and to help move careers. I would say the Masters is very worth it if you don't already have a math degree or great command of mathematics.

This post was edited on 3/26/13 at 1:31 pm

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