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Thread: Benefits of pursuing a master's in actuarial science?

  1. #1
    Actuary.com - Level I Poster
    Join Date
    Nov 2011

    Benefits of pursuing a master's in actuarial science?

    I'm currently a recent June 2012 graduate holding a double-degree in Mathematics (GPA 3.17) and Management Science (GPA 3.41) with an overal GPA of 3.18. I have fulfilled the VEE requirements and I have passed the P/1 Exam in January with a 9. I am sitting for the FM/2 Exam this October hoping to score a 9 or a 10. I look to pass a minimum of 2 more exams in 2013.

    Throughout college, I was more interested in learning and ended up taking all the hardest mathematics/economics courses the university offered (all the classes prospective Ph.D students take) and as a result, ended up with a fairly low GPA. Over a year ago, I always wanted to further my studies in graduate school so I didn't care about finding any internships. I have absolutely no work experience aside from private tutoring.

    Because of my fairly low GPA and no work experience, I feel as though I will have lots of trouble finding an entry-level job or an internship. Should I consider pursuing a Master's degree in Actuarial Science? I am confident I can achieve a high GPA (in undergrad I took nearly 3-5 upper divisions every quarter).

    Or should I just continue passing exams on my own? I just feel like my low GPA puts me out of the race for the 'better' actuarial jobs and the slow start will affect my career in the future.

    Any suggestions?

  2. #2
    You spam? I ban! Irish Blues's Avatar
    Join Date
    Mar 2005
    A 3.18 GPA will put you out of some jobs; however, some employers will see you've got two degrees and take that into consideration. Another degree won't change what employers think about your GPA; passing exams will change perceptions. What you score on a given exam doesn't matter; a 9 looks [and counts] the same as a 6. Don't focus so much on the score, just make sure you pass.
    "You better get to living, because dying's a pain in the ***." - Frank Sinatra

    http://www.hockeybuzz.com/blogger_ar...blogger_id=174 - where I talk about the Blues and the NHL.

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