Hey MJ thanks for the content. I'm an MSc student doing Financial Maths and I find it hard to differentiate between Actuarial Science and Financial mathematics. Can you please make a video clarifying the two programs.
@MJtheFellowActuary3 жыл бұрын
Financial maths is a subset of Actuarial Science. So if you do Actuarial Science, you will do Financial Maths plus a whole bunch of other topics
@skk175 Жыл бұрын
South Africa exams can't compare with the Society of Actuaries USA Examinations and the Casualty Actuarial Society Examinations. I think that you cannot Practice as an Actuary in United States.
@rudrakshvaishnav943 Жыл бұрын
Hello, Thank you for video. Can you please tell if I can start with your course or I require to have prior knowledge of maths. As I did not had maths major in school
@allthingsreviewed74343 жыл бұрын
Thank you for this, looking forward to taking the course on Udemy.
@khayalethumakosi6678 Жыл бұрын
Woooooooooow!!! powerful video. I love dis video
@nitharshanmaheswaran69102 жыл бұрын
Do you know that Which Actuarial model is prefer to analyse the solars ( non living things).? I want to analyse cost and future benefits of solar power system, using actuarial model.
@krishnanjayaraman53043 жыл бұрын
Hey I can do all other chapters in maths but not trignometry (only know basic trignometry) how much trignometry is there in actuarial science. Can I do actuary with learning a lot of trignometry?
@MJtheFellowActuary3 жыл бұрын
There isn’t that much but it’s not something to ignore completely.
@skk175 Жыл бұрын
I think that you are mistaken Abstract Algebra, Complex Analysis, and Real Analysis is not useful in Actuarial Sciences. If you want to become an Associate of the Society of Actuaries USA, you dont need Sthocastic Calculus neither. Only Fellow Actuary needs Sthocastic Calculus and Differential Equations. The only thing you need is Calculus I II III, Linear Algebra (Very Few) . Probability and Mathematical Statistics. Dont put courses that are not useful in Actuarial Sciences.
@lukealadeen78362 жыл бұрын
So no stats in this course?
@geganerd32 жыл бұрын
Is there a google doc of this? I want to make a spreadsheet to track myself over the next year.
@kushalvora76823 жыл бұрын
Don't we need measure theory and real analysis for stochastic calculus in cm2? I myself haven't studied cm2 yet but all stochastic calculus courses require martingales and real analysis as prerequisite.
@MJtheFellowActuary3 жыл бұрын
Yeah this isn't all the maths, its the start. You need Pre-Calculus and Calculus before you start with Stochastic Calculus. Most Financial Engineering textbooks will cover martingales before they go straight into deriving Black Scholes
@kushalvora76823 жыл бұрын
@@MJtheFellowActuary so should i bother learning real analysis before starting to study for cm2 or is it okay if I don't do so?
@simisilekunene96873 жыл бұрын
I think also Functional Analysis is important too.
@MJtheFellowActuary3 жыл бұрын
If you have the time, go for it! More studying is always better
@kushalvora76823 жыл бұрын
@@MJtheFellowActuary ok, thank you for your reply
@avey_g15663 жыл бұрын
Hey, I'm a high school student from South Africa and in two months I have to choose my subjects. I just wanted to ask ; which subject would you recommend between Accounting and Business for a person who's going to pursue actuarial science.
@MJtheFellowActuary3 жыл бұрын
Accounting, because it’s easier to learn business in your spare time, whereas for accounting you want the classroom structure to help you focus on it.
@asifkhanaaa3 жыл бұрын
How many exams can be passed by going through these math courses?
@sajjadally50282 жыл бұрын
What are the requirements
@skk175 Жыл бұрын
Society of Actuaries USA 2023 Exam Pathway to ASA (Associate of the Society of Actuaries) Exam P/1 Probability Exam FM/2 Financial Mathematics Exam FAM Fundamentals of Actuarial Mathematics Pre Actuarial Foundations Module Foundations of Actuarial Module Exam ALTAM or ASTAM Advanced Long Term Actuarial Mathematics or Advanced Short Term Actuarial Mathematics Exam SRM Statistics and Risk Modelling Exam PA Predictive Analytics Exam ATPA Advanced Topics in Predictive Analytics VEE Mathematical Statistics VEE Economics VEE Accounting and Finance FAP Fundamentals of Actuarial Practice APC Associateship Professionalism course ASA Associate of the Society of Actuaries USA (The Most Prestigious Actuarial Society) Fellowship Tracks General Insurance Corporate Finance and ERM Quantitative Financial Investment Group and Health Actuary Individual Life Insurance and Annuities General Insurance FAC (Fellow Admission Course) FSA (Fellow of the Society of Actuaries USA )