😂😂

That's amazing! Good luck with exam p 😀

Hi Justin, I feel your pain man. I have a 3 yr old and 18 month old and my wife's job is more demanding than mine. Between both of us working full time, family life, attempting to have social life, and studying for these exams, this is the toughest thing I've done in my whole life. I've attempted Exam P 3 times with no success and kind of at a cross roads now, thinking if I should continue on my goal and passion of this experience or hang it up. Best of luck to you on your journey and follow your gut.

Hey Jack. Right on. I think you're the first person I've come across that had a situation similar to mine. I just failed exam p for the first time, but I really don't think it was by much. I was actually preparing fairly well before we had to evacuate for hurricane Harvey. I put the whole tribe in the van and drove to Dallas for a week. Hoping to get it next time. Man if I were you I wouldn't give up. I've heard of people having to take it 8 times before passing. Once you get an actuarial job, there should be some paid study time. Yeah trying to study this stuff (and finishing up a masters in finance) while in the haze of no sleep because of the baby has been the biggest challenge of my life without a doubt. I feel like the practice problems are almost impossible when I've had no sleep. The exam itself though really could have been harder I thought. I was surprised when it said I failed. I think it's doable. We just have to push through. Hey, with all of our free time on our hands, we should start a youtube channel for actuarial career changers.

Its crazy how life works and the randomness of thing. Especially with the hurricane and all and glad your family is ok. Must have been so stressful not only b/c you guys are in survival mode but you probably felt guilty about not being able to study and thats one of the last thing you should be doing in that situation. Yeah I got a 3, 5, and 4 in my prior attempts and feel so close. Got my earned level to a 4.9 on Adapt and need to just keep pushing to get that to a 7. You are right, its tough to find others going through this with family/small children. I get up at 4am to study for 2 hours, go to work all day, study about an hour on my lunch break, then come home, pickup kids and eat dinner. Relax for maybe 30 minutes, help put kids to bed and pass out at 9pm. I guess what doesn't kill you makes you stronger. Thanks for your words of encouragement. I had a Welsh Calc professor who told us their saying in the army was to "bash on no matter what." That was years ago and I will never forget that but sometimes just need to remind myself.

Keep at it man. I'm taking it in November. You? Let's pass it this time.

I never had sanity to begin with 😆

Sanity? Never heard of it.

Can't wait to be insane - well on my way and making good progress 😀

Sanity is just a word,there is no sane mind-set 😏.

@@HWEWSWEW fuck.

This was probably referring to working with many people.

sound like me hahaha

Was thinking the same thing.

Do you think those contradicting statements were made because of low self awareness or general hypocrisy?

Anti social people don’t like making KZfaq videos either at least I don’t. Introverts hate the spotlight.

Glad you enjoyed it 😀😀😄

#4everandever

reply my comment please 😭🙏🏼 it will mean a lot ❤

Love that sense of humor. Keep it up!

Ellellevlog quick question, could a bachelors in actuarial science allow someone to earn an MBA?

are you an actuary now

+Big Bird thank you! 😊

I say that, that's the goal of studying--to be able to take on any hurtle, even if they won't ever happen. If you know how to react well to all the questions that they ask you, then you won't have any problem with the things that will actually happen to you.

I'm glad you're enjoying!

Leana de Haan are you at uct?

I'm about to start the journey ...any tips..

@@pratikkitty100 Any tips

Can I just ask what you studied in university

Absolutely! I've just been lazy about filming recently 😉

Just trying to remind you that you should pllzzzz make that video :)

IIT JEE is a whole monster of it's own (2 years of constt study for admission + 4 years of intense competition at college) but actuarial exams are just as hard if not more, because you have to do graduation while giving exams and then keep giving exams for years on end.

Will do 😉

Definitely cant cram for these exams 🙈

Buy a study manual and don't underestimate the hours needed to study. They recommend 100 hours of studying per hour of exam. Good luck!!

same😭 goodluck for your endeavours🌸

In my experience, it didn't stop sucking. Ultimately it was worth It, but I wouldn't do it a second time

Hope you find a way to de-stress. Stay strong ❤

Actuarial math is unlike the math you do at school, in that there is no "right" or "wrong" answer. If you give the same data to 10 different actuaries, you're going to get 10 different results.

EllelleActuary oh my.. in that case, this isn't something I've dealt with before. Then how does one determine what is the "best" answer?

Actuarial judgment. It's developed over time. It's something I work to develop every day.

😀

The guilt is real

Definitely not alone! Good luck with annuities! There are people who make videos on KZfaq teaching topics from FM. Maybe you could check them out.

Karol Matamoros me tooo🙌

If you really want to become an actuary it's not too late. I'm a Fellow (guarantee I qualified before you were born) and I had been working as an actuary for several years before I met anyone with a degree in actuarial science. Most people (myself included) had degrees in STEM subjects (in many cases, graduate degrees) but not in actuarial science. As the vid says, you've got to pass those exams - I didn't start writing until after I'd finished grad school

Whoa. That's commitment

Glad you enjoyed!

+Krishna Thank you 😀😀

I definitely think it was worth it! Congrats on you ASA!

Yup! Good luck studying 😀

What do you feel guilty about?

@@Actuaryelle that i feel less productive than I imagine being capable of

🤞

Good luck with CS1!

I took university courses in addition to independent study, shich makes it hard to quantify exactly how long i studied. I had passed 6 exams before starting full time

Sorry, I don't understand your comment

Thank you ❤

I always spent the week before the exam doing as many practice problems as possible. Also, out your formula sheet under your pillow the night before the exam, to absorb the information by osmosis 😂 Good luck!!!

EllelleActuary I’m actually dead from this comment. If anything make sure your notes are written with the most concentrated ink so it becomes a henna 😂 so not only will it sink in through osmosis, it will also become your tribal actuary tattoo 💀

Have you gone to your university advisor and asked them where other actuarial students have historically gotten hired?

Yay

Thank you!

Congrats on the exams 👍

Because the exams are temporary. Once you're done exams, you've got a great job with tons of free time

@@Actuaryelle quite late but aren't they supposed to be taking every 6 months?

25

Thank you 😊

I wouldnt be able to comment on your stress levels. That's very personal to you. The way you describe yourself sounds a lot like me, if that's any indication that you'll enjoy being an actuary. The actuarial exams are separate from university and are done through an actuarial society. In north America that would be either the society of actuaries (SOA) or the casualty actuarial society (CAS)

Actuary elle Gotcha, thanks for the fast response!

My pleasure!

If you've been planning to go into actuarial science for 2 years, then I'd say.. don't worry about what one girl in one video said. You know yourself better than anyone else, and if you think it's something you want to do.. do it.

Lots

Thanks.

Can you please suggest what should I major or minor in for my first year of uni to pursue actuarial career? Or anything else that you think would not be a bad choice to take it in? I would really appreciate your recommendations.

Both? Actuary by day, musician by night

Musactuary

I wouldnt have been able to go out 5 nights a weeks and pass actuarial exams, but that doesn't mean it's impossible.

Hi! 4 months per exam 😊 they recommend 100 hours of studying per hour of exam (400 hours for a 4 hour exam)

They recommend 100 hours of studying per hour of exam (eg. 300 hours for a 3 hour exam) I didnt count my hours so I dont know if I hit that mark, but I would start studying 3-4 months before the exam

Depends on a lot of things. If I had reading to do, I could do fewer hours in the day because I dont have great concentration. When i was doing practice problems i could study for more hours. I'd study more on the weekends than on weekdays, personally.

Best of luck! I love math too.

Do it

Yep. Anyone can take actuarial exams

Yep

Nope. Anyone can take actuarial exams, they are independent of university 😀

You're sweet to offer, but setting up a patreon is not something I plan to do in the near future. The best way to support my content is by sharing it with friends and watching the videos to the end. If I get 4000 hours of watch time then I am able to monetize my videos 😀

The exams are taken separately, but a degree in actuarial would help you prepare

EllelleActuary thanks

At my university it was a degree requirement to get my BSc, but it's not at all directly applicable to my actuarial work

So in every actuarial university, its a requirement to take physics in highschool???

It's a lot of stress

That would be very dependent on where you work, but I personally work 35 hours per week. 7 hours per day x 5 days per week.

It seems that you're motivated by fear, not any genuine desire to do either path. Maybe take a step back and try to figure out what you want from your career.

Hello, Thanks for replying. I don't hate actuarial science. In fact, I like loss modeling and coding. I also had one internship in life and one reserve project in P&C. I found life is more interesting, P&C just has too much to consider at a time, and in most cases (my feeling on this), my answer for the reserve is very judgemental since you can calculate reserve using different methods. A lot of times I can't come up any reason why one is significantly better than the others. This makes me feel really insure when presenting results to others. Do you have any feeling like this? If yes, how do you cope with it?

I have a terrible time of making decisions. Sometimes the best thing to do is to make a choice and stick with it. You're in a situation where you have to choose between two good options. You can never know if the other option would have been better, because you cannot do both simultaneously. From your reply, it sounds like you're leaning towards life. My boyfriend loves his job in life. I love P&C. Neither of us have tried each other's field. There's no wrong choice, and you can always change your mind. You're not committing forever

Thank you for your advice :)

Suit

EllelleActuary the only pants that fit me r from Walmart and they don't have it anymore

You can study less than me, but you will still need to study more than you did for school

Are you ok?

@@Actuaryelle I am, I just don't have proper study environment in my room since campus is closed because of lockdown. I used to study at campus

Yes. You would need to pass a series of exams separate from your university degree to become an actuary

Actuary elle thanks for informing me!

Yep