My friend's bf got an actuary job with a 2.6 GPA?

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Ranger X

Lifer
Mar 18, 2000
11,218
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Originally posted by: UNCjigga
I'm in a top 25 MBA program with a 2.5 GPA carried over from undergrad. Anything is possible.
Your GPA isn't the determining factor in getting accepted to an MBA program. MBA schools care more about your experience, your professional background, your future goals, and your GMAT score.

EDIT: If you want unfair, I know someone who graduated from a lowly state school w/a 2.3 GPA and he got a job in the defense industry for 60k+ right out of college.
 

alkemyst

No Lifer
Feb 13, 2001
83,769
19
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Originally posted by: Koenigsegg
She's telling me that he graduated in summer of '04, got a job for a year, got a 4 on his first try at an exam in fall of '04, then took it in spring of '04 and passed with a 7. . .and now he's working as an actuary at Wellpoint (owned by Blue Cross in CA).

I remember during an info session at our school, who was actually from Wellpoint, saying that they generally look for higher GPAs, and that the "minimum" that they look at was around 3.3, and since it's really competitive they like to see people pass at least 2 exams before interviewing. . . which really discouraged me (since this was a path that I was seriously looking into), but this bit of news is a bit encouraging with me graduating in about 9 months.

Do you guys think his work experience (not clear as to what he did) helped in the job, or what?

Actuary pay scale :)

GPA's are needed for most people and why colleges stress them...some have extraordinary people skills or background that makes GPA laughable.
 

alkemyst

No Lifer
Feb 13, 2001
83,769
19
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Originally posted by: mitmot
Originally posted by: upsciLLion
Originally posted by: Eli
What the hell is an Actuary?

An accountant with a personality.

is that possible? ;)

Some people like fish....;)

I was looking at those payscales...they are nice near the 5year+ mark with all the courses/exams/whatever completed.

MCSE stuff though would be easier, and with a college degree net out the same with less BS (but I am geared that way....to some accounting may be a walk in the park)....esp if you have a CCIE or CISSP cert (neither are paper certs)

profit!
 

ActuaryTm

Diamond Member
Mar 30, 2003
6,854
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Originally posted by: Fenixgoon
christ.. look at th 19+ years salary... 394k!!!!!:Q
The number of fellows (FCASs and FSAs) worldwide is quite low - hence the higher pay ranges.

The exam difficulty level to reach fellowship in either major society is very high by design; by limiting the number of passing candidates on each exam (passing marks are determined after the exams are taken, and on average are near 30 to 40% - see the results I compiled here), the desire of employers for candidates who've passed remains relatively constant, and thus keeps the overall demand in the profession high.

High demand typically equates to higher compensation.
 

Koenigsegg

Banned
Jun 29, 2005
2,267
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Originally posted by: canadianpsycho
Originally posted by: upsciLLion
Originally posted by: Eli
What the hell is an Actuary?

An accountant with a personality.

Oxymoron alert!

Pay looks good, shame about the job. Any numbers on the suicide rate?

http://structbio.vanderbilt.edu/~sheehan/bestjob.html

Least stress:
No. 1 - Musical instrument repairer
No. 2 - Florist
No. 3 - Medical records technician
No. 4 - Actuary
No. 5 - Forklift operator

No idea how this works though. . .