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ilikepie

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Posts posted by ilikepie

  1. That's a very valid point on the opportunity cost. Honestly, I'm still trying to assess what I want to do. I suppose it's a mix of things:

    • The actuarial field is a very narrow niche and typically governed by regulation. If I wanted to move out of the insurance industry, it won't be a lateral move and I won't have the appropriate training as someone coming out of a Masters/PhD program in Stats.
    • Some positions do lean more towards statistics / data science (and these were roles I've enjoyed more) but at the end it's limited by actuarial judgment.
    • While I'm doing well professionally, I'm not that interested in the insurance industry. Part of me is considering whether a MS in Math would be better (like NYU's program) so I can explore a variety of math courses, something I neglected to do during my late-switch in undergrad to my Actuarial degree. Related question, what are top MS in Math programs that offer a thesis option?

    I'm open to any thoughts or suggestions. Thanks for the advice so far!

  2. Hello!

    I've been working for ~10 years as an actuary but I'm reconsidering my career. Hoping to get thoughts on whether a top tier (top 15) MS program in Statistics is out of reach for me, or if there are things I could do to make my application more attractive.

     

    Undergrad: One of the State University of NY

    Major: Major in Math (Actuarial), Minor in Chemistry

    GPA: 3.25 overall, 3.8 major (I was previously trying to go the premed path but was not suited for it. At the same time, I was dealing with some family issues - onset of dementia in a parent, younger sibling going through a crisis of risky behavior - and as a result, probably held on too long to premed than I should have.)

    Student Type: Domestic Asian Female

    Undergrad Courses:  Calculus II (A), Calculus III (A), Ordinary Differential Equation (A), Probability I (A-), Probability II (C+), Applied Probability Models (A), Topology (A-), Linear Algebra (A). And maybe less relevant undergrad courses - Interest Theory (A), Microeconomics I (A), Microeconomics II (A), Macroeconomics I (A), Macroeconomics II (A), Actuarial Problem Solving (A).

    GRE General: Will take, assuming quantitative will be fine

    Math GRE: Should I take this?

    Research: None related to math - 2 semesters in materials research under a Nobel prize winner

    Work Experience: ~10 years as an actuary within consulting and life insurance, regular promotions and great reviews

    Letters of Recommendation: Likely will ask from past managers

    Programs Applying to: MS in Statistics

    Considering to Apply to:  Top 15-20 programs

     

    Questions

    1.  What can I do to improve my application?

    2. Which programs do you think I can get into? Will it be a stretch if I'm aiming for top 15-20?

    3. I'm guessing I'm not the typical applicant since I'm more removed from school. How will that be viewed?

     

    Many thanks!!
     

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