09-02-2009, 10:21 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by derivativetrader</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by OsamaAhmed</i>
<br />Assalam o ali kum
Guys I am currently presuming my AS levels in Maths, Physics and Chemistry (the pre engineering group).
My two career focuses are on Petroleum engineering and Actuarial Sciences.
As this is an accountancy forum I would like to know is there someone who could really help me please?
I know I will get replies like search the forum this has been discussed before so guys I have already searched the forum and read posts and topics but like it didn't contain stuff which I desired.
I had a talk with the information person at Karachi University and he said that the university is NOT affiliated with any international university but is well known by the society of Actuaries Pakistan.
I have read on this forum about the two streams (UK & USA) offering more alike syllabi but different module choices.
The KU is offering 48 courses over a span of 4 years for the degree of BS in Economics I guess. They will prepare the exams themselves.
I don't think so that it will be well recognized around the world.
So guys what do you think? If I get good grades should I apply for abroad or should I first opt for KU, get the graduation and then presume further studies abroad?
I heard that the internation course is 8 years long with pay along with work like Charted accountants. (read this on this forum)
And this that some actuary hiring company hires you and supports you for giving exams and all.
One must be good in programming languages like Visual Basic and Databases as well. I have a lot of links and a lot to discuss but I think I will end my first post here to begin a discussion and save the rest for later xD
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Osama
Unfortunately, I am not able to give advice about a career as petroleum engineer but can answer your questions about the actuarial profession.
The reputation of the university would be important for your first job but once you are qualified actuary it wouldn't matter much. If you intend to commence your career in Pakistan (noting that the majority of the actuarial market players are based in Karachi), you could either approach these potential employers directly if they could take you directly after A Levels or they would like you to pursue a degree. You could do degree from KU if the course allows you to prepare for the actuarial professional exams. I'm sorry I am not familiar with the KU programmes.
An A grade at Maths A Level would help you registering with the actuarial professional bodies (who also set the exams), i.e. Institute of Actuaries (UK) and Society of Actuaries (USA).
If your intentions are to go abroad, you could work with a local player for a few years and once approaching qualification you could get a job in Middle East or UK or USA (based on your skills and area of specialism).
IT skills are important but depends on the area of specialism. For instance, general insurance tends to be very quantitative and IT intensive.
Hope it helps but please ask if you have any further questions.
DT
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Thanks a lot for replying. Actually going abroad after A levels is pretty difficult for me as I am the one and only child of my parents so its too difficult they allow me to go alone.
Secondly I had a plan that first I attend the 48 courses at KU for a duration of 4 years and then go abroad and become a FSA by passing examinations of the Institute of Actuaries (UK).
Now the problem is I don't know are these courses and the degree by KU acceptable worldwide or I am just wasting my time? I also don't know about the reputation of KU in the Actuarial department as I think its been only a decade since this department was established.
But After graduating I would like to work abroad.
Can you list all the sectors of Actuarial Sciences?
I can name a few like
Real Estate
Pensions
Banking & Finance
Asset management
Risk management
Insurance
I still am confused as there's no fixed procedure. I hope so that having a discussion here could solve it.
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by OsamaAhmed</i>
<br />Assalam o ali kum
Guys I am currently presuming my AS levels in Maths, Physics and Chemistry (the pre engineering group).
My two career focuses are on Petroleum engineering and Actuarial Sciences.
As this is an accountancy forum I would like to know is there someone who could really help me please?
I know I will get replies like search the forum this has been discussed before so guys I have already searched the forum and read posts and topics but like it didn't contain stuff which I desired.
I had a talk with the information person at Karachi University and he said that the university is NOT affiliated with any international university but is well known by the society of Actuaries Pakistan.
I have read on this forum about the two streams (UK & USA) offering more alike syllabi but different module choices.
The KU is offering 48 courses over a span of 4 years for the degree of BS in Economics I guess. They will prepare the exams themselves.
I don't think so that it will be well recognized around the world.
So guys what do you think? If I get good grades should I apply for abroad or should I first opt for KU, get the graduation and then presume further studies abroad?
I heard that the internation course is 8 years long with pay along with work like Charted accountants. (read this on this forum)
And this that some actuary hiring company hires you and supports you for giving exams and all.
One must be good in programming languages like Visual Basic and Databases as well. I have a lot of links and a lot to discuss but I think I will end my first post here to begin a discussion and save the rest for later xD
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Osama
Unfortunately, I am not able to give advice about a career as petroleum engineer but can answer your questions about the actuarial profession.
The reputation of the university would be important for your first job but once you are qualified actuary it wouldn't matter much. If you intend to commence your career in Pakistan (noting that the majority of the actuarial market players are based in Karachi), you could either approach these potential employers directly if they could take you directly after A Levels or they would like you to pursue a degree. You could do degree from KU if the course allows you to prepare for the actuarial professional exams. I'm sorry I am not familiar with the KU programmes.
An A grade at Maths A Level would help you registering with the actuarial professional bodies (who also set the exams), i.e. Institute of Actuaries (UK) and Society of Actuaries (USA).
If your intentions are to go abroad, you could work with a local player for a few years and once approaching qualification you could get a job in Middle East or UK or USA (based on your skills and area of specialism).
IT skills are important but depends on the area of specialism. For instance, general insurance tends to be very quantitative and IT intensive.
Hope it helps but please ask if you have any further questions.
DT
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Thanks a lot for replying. Actually going abroad after A levels is pretty difficult for me as I am the one and only child of my parents so its too difficult they allow me to go alone.
Secondly I had a plan that first I attend the 48 courses at KU for a duration of 4 years and then go abroad and become a FSA by passing examinations of the Institute of Actuaries (UK).
Now the problem is I don't know are these courses and the degree by KU acceptable worldwide or I am just wasting my time? I also don't know about the reputation of KU in the Actuarial department as I think its been only a decade since this department was established.
But After graduating I would like to work abroad.
Can you list all the sectors of Actuarial Sciences?
I can name a few like
Real Estate
Pensions
Banking & Finance
Asset management
Risk management
Insurance
I still am confused as there's no fixed procedure. I hope so that having a discussion here could solve it.
