Personal Statement For Actuarial Science

Actuarial science is the study of appraising risk factors in the finance or insurance industry. The actuaries calculate the risk by using certain mathematical or statistical methodologies. Students who are pursuing this field have to take care of personal statement writing during taking admission in a university for an advance program such as Masters.

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These days, getting into a prominent university has become difficult than ever. When students apply to any university they are contending against other bright students but only few can avail the limited seats in the university, while the rest have to look for another academia.

The personal statement is the only thing that helps the academia in evaluating which applicant is best suited for the program and for the university.

Aside from your undergraduate grades, you can convince the admission officers of the university that you deserve a seat in the university by writing a single page but appealing actuarial science personal statement.

However, there are certain critical mistakes that every applicant must avoid to solidify their chances of getting into their dream university.

Critical Mistakes

• First of all, never think that the personal statement is an essay or an autobiography. But think it as a marketing statement which you use to market yourself or sell yourself to the university. Keep in mind that this single page statement is the only thing that can help you in distinguishing yourself from other qualified applicants. You can think of it as a product and consider yourself as a marketing agent whose job is to make the audience – the admission officers – want to buy the product, which in this case is YOU.
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• Majority of students don’t make the most from the statement because they don’t highlight their strengths and positive qualities in it. They don’t sell their accomplishments or achievements as they think it as bragging. Remember that every big or little accomplishment which you have worked hard to achieve must be included in the statement.
• Many students also fail to address the weaknesses in their academic performance or record. Keep in mind that admission officers look for reasons why the applicant has inconsistencies in his/her record. If you don’t address it effectively the admission committee will assume that the applicant doesn’t care and in the end your applicant will most likely be rejected.
• Students tend to make mistakes while writing any manuscript. However, those grammatical or spelling mistakes can be corrected if proofread thoroughly. Remember that failure to proofread is the most critical mistake that can reject your application no matter how hard you have worked on it.

Consider these critical mistakes and try to avoid them as much as possible.