I'm not sure if this is in the right section, but here it goes.
So I've been toying with the idea of getting a PhD in Statistics for a while now and I would appreciate the AO's advice.
I have ~ 2.5 years of actuarial experience in the P&C field and work in Asia. Some of you might also be familiar with a thread I'd started last year about my not-so-enriching work experience and it not being in line with exam progress. I think it's time for me to act and make some changes.
I have a couple of questions.
1. I have a Bachelors degree in Engineering and a Masters in Actuarial (please continue reading!), so I have very little background in Statistics other than the bits and pieces covered in actuarial exams. Both degrees were from no-name universities in Asia, but atleast they were cheap. :wink:. Is there any chance of a top-50 admit for such an academic profile? Assume average grades.
2. I have no interest in Academia. If I do go ahead with this, I'd like to be back in the industry once I'm done. For those of you in the US, are you aware of P&C companies with big R&D departments? I realize that a PhD in Statistics would open doors outside Insurance, but I don't want to drop the actuarial option unless I absolutely have to. Are there any P&C companies that are particularly interested in hiring PhDs? Would this be more common in Consulting?
3. Is it common for candidates to enrol in a PhD program after a few years of experience? If I do enrol for Fall 2016, I'll be 27 when I start.
4. For those you with a PhD - Did you know your areas of interest within your field before you started your study? Since I'd like to be back in the actuarial gig if possible, should I consider universities with leading actuarial academics? UIUC(D'Arcy) and ETH Zurich(Embrechts, Wuthrich) come to mind.
Thanks for reading.
So I've been toying with the idea of getting a PhD in Statistics for a while now and I would appreciate the AO's advice.
I have ~ 2.5 years of actuarial experience in the P&C field and work in Asia. Some of you might also be familiar with a thread I'd started last year about my not-so-enriching work experience and it not being in line with exam progress. I think it's time for me to act and make some changes.
I have a couple of questions.
1. I have a Bachelors degree in Engineering and a Masters in Actuarial (please continue reading!), so I have very little background in Statistics other than the bits and pieces covered in actuarial exams. Both degrees were from no-name universities in Asia, but atleast they were cheap. :wink:. Is there any chance of a top-50 admit for such an academic profile? Assume average grades.
2. I have no interest in Academia. If I do go ahead with this, I'd like to be back in the industry once I'm done. For those of you in the US, are you aware of P&C companies with big R&D departments? I realize that a PhD in Statistics would open doors outside Insurance, but I don't want to drop the actuarial option unless I absolutely have to. Are there any P&C companies that are particularly interested in hiring PhDs? Would this be more common in Consulting?
3. Is it common for candidates to enrol in a PhD program after a few years of experience? If I do enrol for Fall 2016, I'll be 27 when I start.
4. For those you with a PhD - Did you know your areas of interest within your field before you started your study? Since I'd like to be back in the actuarial gig if possible, should I consider universities with leading actuarial academics? UIUC(D'Arcy) and ETH Zurich(Embrechts, Wuthrich) come to mind.
Thanks for reading.
Some questions about getting a PhD.....
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