When most students sign up for volunteering in high school, the first option to come to mind is finance or business. Business has not only a major that can be emigrated, its wide range of applications, after graduation easy to find a high-paying job is also a major reason for so many students to crave. But learning more people means that competition is also relatively fierce, especially for students who want to find a job in Australia, so what major is the most valuable in business, the most convenient to find a job?
Today we'll talk about the Australian actuary thing. Registered actuary, is a world recognized as the "diamond collar" profession, in the world is also one of the highest value, the highest status of one of the top professions. As the demand for actuaries in Australia's insurance, venture capital, financial services institutions and state government and federal government continues to rise, actuaries have become one of the highest starting salaries for Australian graduates. It can be said that the actuary's employment prospects in Australia are incalculable. So how do we become a good Australian actuary?
If you want to become an actuary, you have to pass an actuarial qualification. The Actuarial Accreditation is awarded by the Actuaries Institute in Australia and is divided into three parts. If a designated university studies and meets the achievement requirements, students can be granted the first and second part of the test immunity.
In Australia, there are seven schools with immunity:
- Australian National University, Canberra Australian National University
- Bond University Bond University
- Curtin University, Perth University of Science and Technology
- Macquarie University,Sidney Macquarie University
- Monash University, Melbourne Monash University
- University of Melbourne, Melbourne University of Melbourne
- University of New South Wales, Sydney University of New South Wales
The admission requirements of actuarial majors are generally much higher than those of other business majors, because actuaries need to solve major problems by applying economic, financial and statistical principles, so they are particularly interested in students' mathematical skills and grades. At the University of Melbourne and Monash University, actuaries are classified under the Bachelor of Commerce major, and students can choose actuarial majors within the undergraduate programme as long as they reach their business enrollment scores.
The Australian actuarial curriculum is divided into three parts. In the first part, we need to complete the academic degree course of the actuarial undergraduate course in the university, I. E. the basic course of actuarial science. The University of Melbourne, for example, would be granted credit and examination exemptions from the first part of the course if the assigned subject had an average score of 73 points during the undergraduate period.
The second part of the course needs to be completed in the above-mentioned schools in the form of Undergraduate honor degree or Master graduate students. Similarly, if the score of the specified subject is up to the standard, certification and exam exemption for the second part of the course will be granted.
The third part is the distance course of the actuarial association. Based on the completion of the first part and the second part of the study, the third part will include how to apply the skills learned in practice and complete the study in a specific field in the actual situation.
After passing three parts, students need to finalize a two-day intensive professional course, (Professionalism Course), to become an (Fellowship) registered actuary, a full member of the Actuaries Association.
In addition, if you do not complete the third part of the study, but after the adoption of the first and second parts of the accumulated three years of practical work experience (Practical Experience Requirement) and completed the Professionalism Course, Students can also be registered as quasi-actuaries of the Actuarial Association, (Associate).
If you become a registered actuary of the Association of Actuaries, then you are already an actuary, but the title and gold content of a registered actuary will be higher, and you will be entitled to vote, and vote in the Association of Actuaries. And rights.
Although the actuary profession is an industry leader both in terms of income and future development, the difficulty and intensity of learning is unimaginable. Students in the impact of their own life before making decisions, or must be prepared for the relative psychology.
