Please excuse the occasional noises in the background. It's one of the tradeoffs that I have to make being in South East Asia in order to make some progress on this project.
@mathdbase2 ай бұрын
This is my second "live action" (non-animation) video. Made under less than ideal conditions and equipment for the time being. I'm hoping to make some significant improvements soon.
@mathdbase2 ай бұрын
This is my first "live action" (non-animation) video. Made under less than ideal conditions and equipment. I'm hoping to make some significant improvements soon.
@JDMaya7 жыл бұрын
REALLY GOOD EXPLANATION ON THE WEB. THANKS.
@mathdbase7 жыл бұрын
Thanks for the positive comment. Please pass it on.
@namitaverma97847 жыл бұрын
nice method
@mathdbase7 жыл бұрын
Thanks for the positive comment.
@gisellechaparro81327 жыл бұрын
Can you major in accounting, and minor in Actuarial Science, and still have a good chance with a lot of studying to pass the preliminary exams?
@mathdbase7 жыл бұрын
That is a good combination major for this. I would suggest contacting advisors in your departments to get specific pointers to pass the exams.
@arkinbangs91727 жыл бұрын
my name is Kevin and I am a 1st year at Delhi university with maths honours. but I have not study accounts nor did I study economics so can I still go for an actuary. plse help I really need your help in deciding what to do? also do I need to give any exams or other things
@mathdbase7 жыл бұрын
I would suggest that you speak with advisors in your department, they should be able to help you.
@Mika543217 жыл бұрын
hello, I'm 23 and in college for my accounting degree, I have 3 years of accounting experience and just got my license as an insurance agent for a life insurance company. I would like to ask you, do you think I'm on the right track? Or should I take any other classes and search for the proper job to become an actuary in the life insurance field before completing my exams to get certified? thank you so much! 😊
@electriciandallastx91828 жыл бұрын
Thanks for the ideas you have provided here.
@namanmittal94038 жыл бұрын
hello sir, i m student of class 12 with non medical stream.can i go for acturials.if yes then what are the fields where i m needed to be strong.what the educational recomndation for being a actury.
@mathdbase8 жыл бұрын
+NAMAN MITTAL You are in high school, you can still follow the recommended math courses, or equivalents and then pursue an actuarial-related concentration when you go to college. I would suggest speaking with an advisor at your school and/or a college/university near you for advice that is more specific to your country.
@letsdraw39008 жыл бұрын
Thank you! Helped a lot w/ financial algebra class!
@mathdbase8 жыл бұрын
+Let's Draw Glad that I could help. Thanks for commenting.
@exchangeraiderash8698 жыл бұрын
I want to be an researcher and physics as well as maths always make me curious to know more yet I want to know how to get any guidance or teaching in this field I mean any courses aur online lectures if available any and one to whom i can ask questions raised in my mind
@mathdbase8 жыл бұрын
+Exchangeraider Ash I don't know what your level is, but I am sure that some of your math and science teachers would be happy to offer guidance, if you ask them. As for online lectures, there are many choices. Many universities publish lectures here on KZbin (put a university's name in the search box, e.g. Stanford). In addition, you can go to ocw.mit.edu/index.htm for MIT's lectures, online.caltech.edu/ for CalTech's or www.edx.org/school/harvardx for Harvard's...these are just three of many.
@mathdbase8 жыл бұрын
+Maddy Ford 17.2% is equal to 17.2/100 = 0.172, so 17.2%/365 = 0.172/365 = 0.000471 (approx.).
@WillowEpp8 жыл бұрын
This is an approachable introduction to the topic that covers all the obvious practical aspects of the concept in clear, easy-to-understand language. Very nice.
@mathdbase8 жыл бұрын
+Wyatt Epp Thank you for watching and for the kind comments. Keep watching, major changes are coming soon, including the launch of the site!
@samuelellis13168 жыл бұрын
Wow, this was very helpful video. Thanks!
@mathdbase8 жыл бұрын
+Samuel Ellis You're welcome. Thanks for watching.
@sims30239 жыл бұрын
Can I find a video like a day in the life of Elevator Mechanics?
@mathdbase9 жыл бұрын
+Sims Just based on a Google search putting in "a day in the life of an elevator mechanic video", I came up with the following links (kzbin.info/www/bejne/Z6LRhqKlrtKEbLc, kzbin.info/www/bejne/rpO9XmtohbFnqJI, kzbin.info/www/bejne/p4O5e3pmjrqkg5o, kzbin.info/www/bejne/iaKQZnetoMh-oLc) and there are others.
@sims30239 жыл бұрын
mathdbase.com I wonder if this is a job for me if I have fears of elevators haha. Getting stuck on one is like O.o.
@jusername36449 жыл бұрын
Thank you very much!
@mathdbase9 жыл бұрын
+Joe Schmo You're welcome.
@DannyKakol9 жыл бұрын
Very informative presentation! I am in a dilemma to choose between an degree in Applied Statistics and another in Probability. Could you advise which choice would be more useful to an actuary?
@mathdbase9 жыл бұрын
Danny Kakol It is usually the case that the two fields are combined. Can you discuss doing a combined (or dual) major with the administrators of your department? If not, wouldn't it be possible to major in one and then take the courses of the other as electives?
@DannyKakol9 жыл бұрын
Thanks for your advice. I don't have the choice of combining them. I will text as many courses as possible in the two areas.
@mathdbase9 жыл бұрын
Welcome. I wish you well in your career pursuits.
@khzamb69209 жыл бұрын
thanks man, very well explained and organized. good job.
@mathdbase9 жыл бұрын
khzam b Thanks for watching and taking the time to comment.
@incitemylife9 жыл бұрын
Great info! Excel is also a really important skill to know as well as programming and knowledge of using statistical software and databases. There's a ton of stuff, but the career is very rewarding and well worth the effort.
@mathdbase9 жыл бұрын
+Joe Scioli There are probably many other majors that would be much better suited to sports management than actuarial science. I would suggest that you do an internet search to find the names of some sports management organizations, perhaps near you, and ask people there for advice on what would be the best route(s) for you to take to work in that field.
@joescioli67269 жыл бұрын
I am a junior in high school, who takes Honors Pre-Calculus, and is wondering if Actuarial Science would be a good way to work within the sports management business. I will be taking AP Economics, Statistics, Calculus, Psychology, and Accounting next year. I have had the dream a general manager for a sports organization (specifically baseball, but any sport is beyond exceptional) for years now, and have been wondering if this profession would help me further continue this dream. Thank you for reading, and any reply would be greatly appreciated.
@tisel109 жыл бұрын
I'm starting my first year of university in the fall majoring in Actuarial Science. I have done 95% of the math courses outlined but I have no experience in Finance, how big of a problem will this be?
@mathdbase9 жыл бұрын
Tisel Patterson It doesn't have to be a problem at all, since university is usually where Finance is studied. Contact a professor or adviser at your school to help you to chart a path to reach your goals.
@mathdbase9 жыл бұрын
+G Arunkrishna Thank you for your kind comments. A list of the "best universities in the world" would involve a lot of opinion. Why don't you do an internet search and then discuss options with your parents and teachers. Generally in the USA, it takes about four years to get a BSc and another two to get a masters. After that, the time is variable, depending on school and specialization, but perhaps four to six years.
@DeepSeeker28099 жыл бұрын
It was really informative , I am a high school student from India and my ambition is to become an astrophysicist , but I need some guidance about choosing the right university ; starting from UG i.e BSc to masters to PhD so if possible pls provide us with the names of the best universities in the world , and I also want to know how many years will it take to complete PhD in astrophysics . thanks in advance for the help , anyone who wishes to help me can also comment and if possible I'll seek guidance through email
@lilaklinge23479 жыл бұрын
Great video!
@josephgreenwood63229 жыл бұрын
I am going to major in math with an option in statistics and minor in computer science and economics. Should I have minors in something else other than what I mentioned to better prepare me for the exams?
@mathdbase9 жыл бұрын
Joseph Greenwood The first exams are primarily math-based. I would suggest finding a faculty adviser in the math/statistics department who can shepherd you through the process.
@Pittsburgsounds9 жыл бұрын
Can you give me some insight? I'm really thinking about doing this as a career, and I've looked everywhere but I can't find anything. How far do you travel? When you are in the union/contractor is there a certain radius you go by? Like 50 miles or do you go out of state where ever you're needed?
@mathdbase9 жыл бұрын
95till Infinity I would suggest contacting the International Union of Elevator Constructors (www.iuec.org), they should be able to help you.
@amritakaurmatharu9 жыл бұрын
i just completed my graduation in BMS(Bach. In Management Studies) and m kind of interested in maths and problem solving. Can i proceed further with my passed out qualification.
@mathdbase9 жыл бұрын
Amrita Kaur Matharu First find out if your college or university has an actuarial program (probably in the math/statistics department). If yes, speak with an adviser on the faculty to guide you specifically with next steps, such as courses you may have to take, how to arrange to take the first actuarial exams and internships that may be available in that field in your area. If not, look for a college or university in your area that does have an actuarial program and try the same things. In any case, you can go to the Society of Actuaries website: soa.org, to get information on next steps that you can pursue.
@karenmcintyre41549 жыл бұрын
mathdbase.com 888988
@magicmike11229 жыл бұрын
Could you become an Actuary with just a B.A. and M.A. in Mathematics? Or do you need to major in Actuarial Science?
@mathdbase9 жыл бұрын
magicmike1122 It's not necessary to major in Actuarial Science, it's just helpful. Taking courses in Operations Research and completing at least one exam while still in college would give you a big jump on what has to be done.
@mathdbase9 жыл бұрын
Just finished!
@mathdbase9 жыл бұрын
Just uploaded!
@njclondon20099 жыл бұрын
my advice... forget the actuary degree. do a degree in maths or physics if you're good at numbers, you'll study the work of some of the finest minds that ever lived and you'll never get the opportunity again. you'll easily find a job, then the company will support your studies thereafter.
@mathdbase9 жыл бұрын
Just published!
@DCruz150009 жыл бұрын
Thank you, this helped me a lot.
@mathdbase9 жыл бұрын
Daniel Cruz Thanks for the feedback and for sharing.
@mathdbase9 жыл бұрын
Just uploaded!
@mathdbase9 жыл бұрын
Just published!
@mathdbase9 жыл бұрын
MrGMXander Based on your question, I did a bit of research recently and it seems that the prospects for a career as an actuary are still very good in the U.S. Insurance companies in particular, seem to have the greatest demand and because the qualification process is so difficult and time-consuming (takes about ten years to fully qualify, on average), competition for the few available jobs stays low. Though the number of available positions in total is pretty small, as with any position, there is attrition, as older people retire or others move on to other kinds of work.
@mathdbase9 жыл бұрын
@mathdbase9 жыл бұрын
Keep sending in those problems!
@MrGMXander9 жыл бұрын
Very enlightening video! I was hoping you can answer a few questions for me? It is now 2014, a few years since the creation date of the video, are actuaries still as in demand or are they declining? And I am assuming that most jobs are in large metropolitan areas? Can you elaborate on how abstract algebra is beneficial and what is adv calculus? Is there any other pure math courses that should be taken to supplement the applied ones?
@mathdbase9 жыл бұрын
+Mi-lee Wilson Thank you for the feedback.
@MileeWilson9 жыл бұрын
Loving all the information... #Imadetherightchoice
@bernvall10 жыл бұрын
I am currently in my fourth and final year of my double honours degree in Mathematics and Physics at university and I was thinking of going into actuarial science after. I've studied subjects like adv calculus, geometry, graph theory, combinations, linear algebra, real and functional analysis such as Hilbert and metric spaces. Will these subjects help me understand concepts in actuarial science? The problem is that in these 4 years I've never done any financial mathematics, finance, accounting, optimizations, linear programming and ive only done very basic statistics. Would this be a problem if I want to pursue this career? Thanks
@mathdbase10 жыл бұрын
It would seem that you have gone considerably beyond the "pure mathematics" required to become an actuary. Most if not all of the mathematics and Probability and Statistics specific to actuarial science you can learn on your own, they are certainly much less challenging than Functional Analysis. If your university has an actuarial science concentration, I would suggest speaking with an adviser about picking up any of the more specialized courses, such as Operations Research. If your university doesn't have that concentration, perhaps another in your city does. It may be worth an extra year to you, just focusing on those courses,
@jamesgodfrey17299 жыл бұрын
bernvall I was in the same boat as you, had a degree in Mathematics but had no clue about financial jargon besides p = e^rt. I went to soa.org and just started trying practice problems, looking up the definitions of terms I didn't understand along the way, and learning by force. I would recommend strengthening your statistics and you'll be fine. For example I looked at an equation and went huh where is this even coming from(a angle n cross i)???... Oh it's just a geometric series I can work with to get what I need. Basically all you need is a strong understanding of the terminology, how to set up the problems (which you're clearly smart enough to figure out), and strengthening of your Probs & Stats.
@recentgraduate761010 жыл бұрын
To anyone reading this: Do you or anyone you know want to form an online study group for Exam FM or Exam C? If so, please email me which exams you are studying for at [email protected] Tags: online study group for Exam FM, online study group for Exam C
@mathdbase10 жыл бұрын
+CallMe Moo Thank you, you're welcome!
@AngelCorpse010 жыл бұрын
Thanks, it was of great help. Just a suggestion, can you go slower with the slides. I am trying to analyze everything well and pausing it a lot is annoying. Thanks!
@mathdbase10 жыл бұрын
Thank you for the feedback, I will remember that for future videos.
@shairadc478610 жыл бұрын
Thankss brooo
@mathdbase10 жыл бұрын
+anjali nair What kind(s) of derivatives would you like to learn about (algebraic, trigonometric, exponential, differentiation techniques)?
@anjalinair842110 жыл бұрын
can u please upload a video for learning derivatives an calculus