Do you like math? Would you like to help people face some of life’s uncertainties? If so, become an actuary. They specialize in life, health, property, or accident insurance. I believe that college is important in order to become an actuary. To become an actuary, there are certain duties, talents, and a higher education that is needed. The duties include: analyzing data to estimate the probability of events such as accidents, determining prices for insurance policies based on the risks involved, and helping companies develop and administer pension plans. Next, some useful talents needed to become an actuary are being an excellent communicator, enjoying math, and being able to work with computers. Also, it is helpful to have a higher education. Many colleges offer actuarial science degrees, but in order to become an actuary, you must pass exams offered by Casualty Actuarial Society or Society of Actuaries. You may retake these tests as many times as needed. Now, not only would you want to take these college courses, but also in high school …show more content…
The average income for an actuary is 100,610 dollars a year. Some similar jobs are accountants, auditors, budget analysts, and financial analysts. Next, some reasons why to choose this job are by the year 2024 there will be an 18 percent increase in actuary jobs, you can work almost anywhere, and it’s an enjoyable job if you admire math. Now you know numerous details about actuaries. If you want to become an actuary you must know the duties, education, special skills, income, related jobs, and why to be an actuary. Also, you must have a plan, and I believe that college is important in order to become an actuary. In conclusion, please remember if you enjoy math and wish to help people face some of life’s uncertainties become an
Moreover, both actuaries and physical therapists are high demand jobs. According to Bureau of Labor Statistics, Occupational Outlook Handbook (2010), demand for actuary in United States will see a projected growth rate of 27% through 2020. The education process and examination procedure for becoming fully qualified actuaries can be very demanding, causing this profession to remain very small in the world. As a result, actuaries are in high demand, and they are highly paid for the services they provide. The reason for actuaries to be high in demand is because the students that were studying actuarial science in college tend to change majors into an easier course because they find it hard to cope with the tremendous pressure. For them, it was very stressful to take a series of professional papers where the probability to pass those exams were extremely low. There are a number of my friends which started off their first year of college studying actuarial science, changed into some easier course later on, such as Business Administration. The journey of becoming physical therapists is also not easy. All physical therapists must receive a graduate degree before taking the National Physical Therapy Examination that allows them to practice. According to the Bureau of Labor Statistics, Occupational Outlook Handbook (2010), demand for physical therapists in United States will see a projected
But we also lack the financial know-how to manage our money successfully”. She went on to say, “With a career as a financial specialist, you could help clients accomplish their lifetime goals. “To be able to express to the people that they can do the things they want to do—or send their child to college or purchase a house or retire early—is actual gratifying (Bureau of Labor Statistics 2014-15).” Financial Specialists are precious to the company. Although their daily tasks vary by occupation, their goals can be similar. For example, helping businesses make sound financial decisions is often a vital part of their work. Most of these workers need meticulous acquaintance of the rulebooks and protocols that apply to their jobs, such as accounting principles, tax codes, and financial regulations (Bureau of Labor Statistics 2014-15).” Next, according to the Bureau of Labor Statistics, employment of Financial Analysts are “projected to grow 16 percent from 2012 to 2022, faster than the average for all occupations (Bureau of Labor Statistics 2014-15).” A Finance Analyst added significant value
Therefore, if you are studying accounting in college you should have an idea of kind of accounting field you wish to enter. There is a quote that said, “CPA is always an accountant, but not all accountants are CPA.” Hence, there are a number of accountants who never pass the CPA exam and though they can perform a variety of accountancy task, they are not allowed to perform certain tasks that only a CPA can do. Hence, no matter if you are, a certified accountant or not you there will be a place for you in the accounting field. The larger companies will go out and hire a CPA (Certified Public Accountant) in order to maintain some form ethics within the company. However, the small businesses might hire an accountant to perform duties as a managerial accounting, cost accounting, and financial accounting.
Actuaries have many duties they analyze and measure uncertainty and both cost of risk. They heavily use statistics, financial theory, and mathematics to determine the risk that an event will happen and or occur; as a result, testing , designing , and testing is a included. In addition, they give a hand in clients and businesses developed policies which minimizes the cost of a risk. Actuarial work with insurance industries and are indeed essential.
You’ll need to go to college you might want to get a flexible degree. If you you want a good job then college might be the place for you and to learn the things needed to learn. College may be the right path for you. It might be a good
“The best-compensated accountants work in the fields of securities and commodity contracts intermediation and brokerage and for the federal executive branch” (US). Twenty-five percent of graduate’s make fifty one thousand one hundred and thirty dollars a year. The other seventy make eighty seven thousand five hundred and thirty dollars. The best ten percent of accountants make up to one hundred and fifteen thousand nine hundred and fifty dollars and the lowest makes forty thousand eight hundred and fifty dollars. I want to get a job in accounting directly after college for a big company and work my way up into the top ten percent as fast as possible because each year, the average income raises. Experts predict that the highest paid accountant will make upwards of one hundred and twenty thousand dollars a year by 2020.The highest paying city for accounting is New York City, New York. The second highest paying city is San Jose, California. Accountants are always needed, they are necessary anywhere there is money being spent and saved, every business needs someone to keep up with their money and control their finances.
This career requires your communication skills to be superb, critical thinking/problem solving skills to be on point, and your physical stamina to be up. Of course, you should already have math and science knowledge by this point, how else did you graduate? Composure for this job is key because you will be around many traumatizing situations and you need to be “mature” enough to handle all events that may
Although Tepper School of Business does not have a specific major in actuarial science, it can still assist me in preparing for a career as an actuary. To become an actuary, one does not necessarily have to major in actuarial science, but can major in a business and mathematics concentration. At Carnegie Mellon, there are many options that can introduce me to courses related to actuarial science. This includes pursuing a major in business administration in Tepper School of Business, or a major in either economics or statistics in the Dietrich College of Humanities and Social Sciences. For this reason I applied to both schools, which would both help me work towards becoming an
An actuary actually makes a good living when it comes to working, annually they make about $97,070 so they make a pretty fair amount, especially for all the work that is put into it. The career of an actuary has been known to employ people that really look for something challenging and fun to work as. The more work you do in the workplace the higher up you will be put, the way actuaries work is the more exams that you take and pass, the more promotions you get which also means a higher salary that is
There are many steps prior to becoming an anesthesiologist. Everyone geared toward this field must go through all of high school and graduate. It is recommended that through high school, individuals take math and science classes especially for this field. “Throughout high school most individuals should take a lot of pre-AP and AP classes encompassing anatomy and
One of the reasons I took this program at Humber is its work placement. It gives you hands on experience. Moreover, the work placement allows you make connections with professional accountants and helps you prepare for the future. Another reason I chose this program is because I did not want to pursue anything in science field and realized that I like playing with numbers. I like logical thinking and accounting is a field where a person has be logical and practical when dealing with financial position of a
Anesthesiology is the perfect job. I’m going to give you some reasons this is the job for you! I’m going to inform you on some interesting things/facts if you’re wanting to become an anesthesiologist. There’s a lot of things and stuff you need to know before becoming one! So let me get started about telling you this information you need to know well to become an anesthesiologist. High school students can prepare for a medical career by concentrating on advanced science classes such as biology and chemistry. Volunteer or work at a hospital to receive first-hand experience working around healthcare professionals and patients.
The U.S. Bureau of Labor Statistics (Occupational Outlook Handbook, 2010-11 Edition) points out that while most accountant's positions require "at least a bachelor's degree" there will be job opportunities in fact the job picture for accountants is "favorable" for those who have earned "professional recognition" either through certification of licensure, or by receiving designation as a certified public accountant (CPA) (BLS.gov).
Two important things in choosing a career are opportunities and advancement. In 1997 there was around 962,000 accountants in the United States, and job opportunities will continue to increase at an average through the year 2005. You can gain experience by starting with simple jobs like a cashier or even as a stock person. Another consideration could be working as a treasurer for a student organization requiring financial
What is an accountant? An accountant is a person whose job is to make sure financial accounts are going well with the company. After completing an accounting internship I thought accounting is an amazing career to go into because you get to experience how companies deal with their money and how they make their income. Accounting is often viewed as a boring career because all you do is deal with numbers but in reality is an interesting job to perform if you would like to be a part of the process that makes a company or firm keep functioning. Every business needs an accounting system, from a simple small store to the largest company, they all need to track expenses and income. Accountants are responsible for many duties some of which, according to the National Center for O*NET Development are to,