Actuarial Science/Actuary sa Ateneoay AMF or BS Math?

[crusher25]

AMF or BS Math (or both) po ba ang course for Actuarial Science/Actuary sa Ateneo?

[feisty_virago]

i think its the former. they also have mathematics of finance or something. the latter ,i think ,is 'pure math.'

sayang. they offered this course wala na ko sa ADMU. If im a new HS grad, i would have taken this course for a stronger background in finance.

[crusher25]

Kasi po *** binasa ko *** description ng BS Math nila sa booklet na binigay nung kumuha ng application form, and BS Math eh may actuarial science na nakasulat sa BS Math.

Description of courses from Ateneo Site:

BS Math:

BS Mathematics

The BS Mathematics program is designed to give the mathematics major a competitive edge in our society by providing a solid foundation in pure mathematics complemented by extensive exposure to the applications of mathematics in the areas of statistics, operation research, and actuarial science. The program sharpens the students’ analytic ability and develops certain distinctive habits of mind that have produced leaders in education, the insurance industry, the computer industry, banking and finance, and in the practice of law. Students of outstanding ability are invited by the Mathematics Department to join the Honors Program in their junior or senior year. There are also opportunities for participating in the research projects of the faculty.


AMF:

Mathematical Finance is a flourishing area of modern science, which has rapidly developed into a substantial body of knowledge. The theory of finance has become increasingly mathematical to the point that problems in finance are now driving research in mathematics. Students of the five-year program will graduate with a BS Applied Mathematics Major in Mathematical Finance at the end of the fourth year and a Master of Applied Mathematics Major in Mathematical Finance at the end of the fifth year. The content and curriculum for the program have been worked out jointly with leading practitioners in the field to ensure relevance of the program. The program aims to produce graduates with rigorous foundation in mathematical modeling and economics of financial markets combined with keen knowledge of business practices that will enable them to enter competitively the pool of potential employees of investment banks and other financial institutions. Graduates can also pursue a higher research degree in mathematical finance.

[iRebirth]

Quantitative Finance (mathematical finance) is different from, but related to, Actuarial Science.

AMF is geared towards the former.
The BS Math program, subject to the availability of electives, might be structured so as to be geared towards the latter.

[ubermensch]

iRebirth beat me to it.
Take BS Math if your interest is actuarial science. Then after taking the basic math major courses (e.g. calculus sequence, probability, statistics), you can take the actuarial science electives. I don't know if there's somebody else teaching them, but it's always been this guy Gerry Salas.

[crusher25]

Salamat po. Decided na, BS Math na talaga.

[ubermensch]

^ good for you then. BS Math rin ang course ko sa Ateneo (I graduated many years ago).

[crusher25]

Anu po ang masasabi niyo sa BS Math ng Ateneo?

Ganito po kasi ang sabi saken ng Coach/Teacher ko. Sabi niya na sa Ateneo daw po ay Self Study and ituturo din ng Prof mo. Sa UP daw, more on Self Study lang. Totoo po ba to?

And what's your work now?

[ubermensch]

I cannot comment on UP's style since I didn't study there.

I'm not really working yet. I'm doing my Math Ph.D. here in the US.
Heto ang job profiles ng Ateneo BS Math batchmates ko:

actuary - 1
businessman (family) - 1
graduate student - 2 (including me; the other one's in Australia)
high school teacher - 1
lawyer - 1
working in an i.t. related field - 5

[crusher25]

Wow. Math Ph.D. Naks naman.

I.T. related field? Hmmm.. Baket nging I.T. bigla? Any reason or relation to math?

[ubermensch]

^ Not sure kung bakit yun ang ginawa nila. Posible rin naman. Ako rin actually, before leaving the Philippines, I worked in a software company, but this was due to personal reasons -- I wanted to be sure kung academe talaga ang path na gusto ko.

[crusher25]

Ahh. Ok po. Alam niyo po ba *** list ng electives na pwedeng kuhain sa 3rd and 4th year?

[I Saw Perz GAnn]

actuarial science, nice course.

sayang... ateneo should've offered this eons ago.

[reshiram]

may inooffer po bang actuarial science related subjects po ba sa ateneo like theory of interest and life contingencies , etc.?