11-07-2003, 11:56 PM
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dear sumaaan ,
gud to get ur reply.yup i hav gathered lotsa info. about diz JAHAD, so m ready to fight in dat.
I heard abt the KU's BSC in ACTUARIAL SCIENCES from STATELIFE dat their department is new n still dey don hav da proper faculty for dat .But as their department in registered with SOA US ,they don require so high criteria,isnt dat ? Lemme know onethg tht if i join KU ,then its degree is totally eqivalent to dat one at Statelife or nt? or it has less value?
If i get admitted dere ,then i wont go for CA.do u know when do dey conduct E.TEST?
finally , i hav decided diz taking all factors into account .
n haan abhi tu bali umar hai..............................kidding
sagZ
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After the Bsc. in Applied Accounting (4 years), one is entitled to exemptions from 5 or 6 courses of the Society of Actuaries which in total has 9 courses...
After the BSc or the MSc in Actuarial Sciences (no course available in Pakistan), a person CANNOT call himself/herself an Actuary... After that, one must complete the remaining modular courses from the Society of Actuaries (USA) or the Institute of Actuaries (UK) to become an Actuary.
Which means, that after you complete your BSc. in Actuarial Sciences from KU, you will NOT be held anywhere equivalent to a person who 'is an Actuary' from Society of Actuaries or the Institute of Actuaries...
So if you happen to do your BSc. in Actuarial Sciences from KU (visit this link for admissions information http//www.ku.edu.pk/admissions/eveadm2k3.html ), then it will take you minimum 3-4 MORE years to become an Actuary (from Society of Actuaries)... Which means a minimum of 8 years in all...
I don't mean to discourage you, but every Actuary you meet will always tell you, 'In Actuarial Sciences, you FAIL somewhere. Its not that you may, but you WILL.'
So just keep in mind that you are going to faulter somewhere so that you don't get disappointed later on, because you will not have any degree/qualification on which you can fall back upon as you're planning to leave CA Inter...
Secondly, the last 4 or 5 courses of Society of Actuaries (USA) are held only once a year... So if you fail once, you'll have to wait a whole year again.
If you're very determined to do Actuarial Sciences, my advice, just keep in mind that you will complete it in 10-12 years and not less than that.
dear sumaaan ,
gud to get ur reply.yup i hav gathered lotsa info. about diz JAHAD, so m ready to fight in dat.
I heard abt the KU's BSC in ACTUARIAL SCIENCES from STATELIFE dat their department is new n still dey don hav da proper faculty for dat .But as their department in registered with SOA US ,they don require so high criteria,isnt dat ? Lemme know onethg tht if i join KU ,then its degree is totally eqivalent to dat one at Statelife or nt? or it has less value?
If i get admitted dere ,then i wont go for CA.do u know when do dey conduct E.TEST?
finally , i hav decided diz taking all factors into account .
n haan abhi tu bali umar hai..............................kidding
sagZ
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
After the Bsc. in Applied Accounting (4 years), one is entitled to exemptions from 5 or 6 courses of the Society of Actuaries which in total has 9 courses...
After the BSc or the MSc in Actuarial Sciences (no course available in Pakistan), a person CANNOT call himself/herself an Actuary... After that, one must complete the remaining modular courses from the Society of Actuaries (USA) or the Institute of Actuaries (UK) to become an Actuary.
Which means, that after you complete your BSc. in Actuarial Sciences from KU, you will NOT be held anywhere equivalent to a person who 'is an Actuary' from Society of Actuaries or the Institute of Actuaries...
So if you happen to do your BSc. in Actuarial Sciences from KU (visit this link for admissions information http//www.ku.edu.pk/admissions/eveadm2k3.html ), then it will take you minimum 3-4 MORE years to become an Actuary (from Society of Actuaries)... Which means a minimum of 8 years in all...
I don't mean to discourage you, but every Actuary you meet will always tell you, 'In Actuarial Sciences, you FAIL somewhere. Its not that you may, but you WILL.'
So just keep in mind that you are going to faulter somewhere so that you don't get disappointed later on, because you will not have any degree/qualification on which you can fall back upon as you're planning to leave CA Inter...
Secondly, the last 4 or 5 courses of Society of Actuaries (USA) are held only once a year... So if you fail once, you'll have to wait a whole year again.
If you're very determined to do Actuarial Sciences, my advice, just keep in mind that you will complete it in 10-12 years and not less than that.
