1
vote
0answers
200 views

Question about the mathematics in actuarial studies

I tried Google but there isn't much information on this and I would really like some insights into actuarial studies, the mathematics involved and how it compars to the mathematics in a bachelor of ...
5
votes
3answers
394 views

Which methods are used by actuaries in practice?

Recently I read a comment from an actuary that a lot of the math they studied as part of the program they never actually used. I'm not interested in becoming an actuary, but I'm interested in ...
3
votes
1answer
2k views

Confused about Effective Rate of Discount- Theory of Interest

I'm currently reading Kellison's book, The Theory of Interest. I've reached the chapter on Effective Rate of Discount and it's somewhat confusing. The book explains it as a loan where interest is paid ...
3
votes
4answers
17k views

Are the actuarial exams hard? [closed]

I heard that they are difficult. Is this true? Are they like the qualifying exams in grad school? For example, is the probability exam and the financial math exam comparable to qualifying exams (e.g. ...