The Tempinis diaries

March 2, 2008

Actuarial Science in Singapore universities

Filed under: education — Tags: , , — toru @ 9:03 am

For some strange reason, a lot of Malaysian students are interested in being an actuarial scientist.  I think that there is a rumour (since I was a student many years ago) going around that you can earn a lot of money being an actuarist.  

Anyway, Singapore universities do have programmes in actuarial science.    NUS’ joint programme with ANU is found here.  More information on NTU’s programme is found here.  SMU also offers a second major in actuarial science.  See here and here.  The Singapore Actuarist Society’s Resources website is found here.

This looks like an extremely quantitative programme.  So unless you are a maths whiz, you better not take this course.

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8 Comments »

  1. People are rushing to jump on this field without seriously considering the other factors first. They think that actuarial science = money. Most people who take actuarial science fail to become a qualified actuary.
    It’s easy to get a bachelor’s degree in actuarial science, but no become an actuary. My advice is think thrice before you make a decision to get into this program. It is definitely tough, if not, millions of people will become actuary.
    p/s : There are only 51 fellow actuaries in Malaysia, but many actuarial science degree students.

    Comment by Kai Chew — October 1, 2008 @ 3:54 pm

    • i think u must wash out ur dirty face & then give such remarks. U should take a good sleep. Gud Nite

      Comment by Hung Ping Ting Poo — June 16, 2009 @ 1:19 pm

    • I’m currently a matriculation student who going to apply for actuarial sc for d coming university intake. I would like to know what is so hard for the course and about the market demand on degree holder of it…would it hard for me to secure a job after I has graduate …can anyone please brief it to me? Thanks

      Comment by kai kah — March 7, 2012 @ 8:36 am

  2. Are you an Actuaries yourself? If not, please do not make this kind of comments. You think is so easy to get a degree in Actuarial Science???

    Comment by Carol — March 23, 2009 @ 6:09 am

  3. Dear Carol,

    Very sorry.
    Ok, I knew what did you mean…
    As there are only 3 Universities (UKM, UM, UTAR) for non-Bumi.
    So, I’m sorry for what I had commented before to make such misunderstanding.

    I would like to clarify what I meant:
    Relatively, comparing to be an actuary and get an degree in AS,
    “You think is so easy to get a degree in Actuarial Science???”
    “Why no?”

    I’m not an actuary yet, but I no need be an actuary to answer that question.
    I’m not bragging but it is truth.

    Comment by Kai Chew — May 4, 2009 @ 7:52 am

  4. I have to agree with Kai Chew.

    Having a degree in actuarial science doesn’t mean u can be an actuarist at all. You need to pass 8 professional exams to qualify as an actuarist. From what i heard from actuarists themselves, you need a minimum of extra 8 years to finish the professional exams, refrain yourself from having boyfriend/girlfriend, and spend whatever free time you have studying.

    So if you think you cant put that kind of commitment, then don’t waste your time studying the degree. The degree alone will get you nowhere, employers look at the number of professional exams u pass instead of the degree.

    Comment by conan — July 4, 2009 @ 3:59 pm

  5. is it too tough?i like to take this course bt,well i am weaky maths.bt before this even i am weaky,i just pass my exam very well(diploma in risk management),and just need to brush up.and if such commitment required,i am willing to take the challenge.but i just need an useful suggestion wether i should take it or leave it.

    Comment by CHAN — April 4, 2010 @ 11:21 am


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