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Actuarial Work Experience

Dustin Said:

Is the MBA worth all the work experience and hard work?

We Answered:

MBA won't help you at all in this... MBA will help only if your becoming a manager, so think about it only if your going into a managerial position.

If you are interested in investment and portfolio management, fund management, interest and financial risk hedging...etc consider the CFA and the CMA... CFA ( charted Financial Analyst) would suite you more than CMA.

Sarah Said:

Anybody know of any company looking to hire people interested in actuarial science?

We Answered:

Many actuarial departments in insurance companies hire summer interns. Your best bet is check the websites for the Society of Actuaries and the Casual Actuarial Society to find out more about the kinds of careers you can have and maybe look into taking the examinations.

These sites also have career information including internships. I'm not sure where you are (high school, college, graduate) but I've included a URL for the SOA's internships. Hopefully you'll find something in your area!

Chad Said:

Reasons why I should have for doing actuarial science?

We Answered:

Because you enjoy using math and statistics to solve problems in a business environment.

Mae Said:

is it easy to get H1 visa in actuarial field?

We Answered:

Probably the biggest problem is that H1b visas are limited to 65,000 per year at the moment. So, the program is almost always oversubscribed. This year numbers ran out in April, so no H1s are available from April to October 1. This is why people are advised to file early, as there's no way to know in advance how long these visas will be available after October 1st.

Leslie Said:

Is MBA worth the hard work and work experience??

We Answered:

An MBA is a lot easier than becoming an actuary -- A LOT EASIER.

An MBA from a top school will put you in the same salary range as becoming an actuary. It will also give you a lot more options, as you will not be limited to finance and insurance.

An MBA from an unranked school will do very little for you.

A third alternative is to get the CFA designation.

Angela Said:

From firsthand experience, how intellectually satisfying and/or challenging is actuarial work?

We Answered:

very challenging if you like math, as that applies to real life scenarios

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