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Bachelor of Economics & Statistics
Bree
#1 Posted : Thursday, April 18, 2013 10:08:10 AM
Rank: Member


Joined: 7/17/2008
Posts: 478
Location: Old Trafford
This girl got an A- in KCSE 2012 & is very keen on taking Bachelor of Economics & Statistics course at UoN/KU.
I have researched on the course, what it entails and possible career positions, but I found it a bit vague.

Please advice if it’s best to go ahead, why and what will she become after graduating 4yrs later.

Where will she get her internship, job? & the overall question, is it good as a career choice?

Asanteni smile
maka
#2 Posted : Thursday, April 18, 2013 10:17:52 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Bree wrote:
This girl got an A- in KCSE 2012 & is very keen on taking Bachelor of Economics & Statistics course at UoN/KU.
I have researched on the course, what it entails and possible career positions, but I found it a bit vague.

Please advice if it’s best to go ahead, why and what will she become after graduating 4yrs later.

Where will she get her internship, job? & the overall question, is it good as a career choice?

Asanteni smile

why is it vague according to you?the no. of jobs she can do at this time and age are inexhaustible...
possunt quia posse videntur
blackcobra
#3 Posted : Thursday, April 18, 2013 10:18:54 AM
Rank: New-farer


Joined: 1/7/2010
Posts: 68
Location: kenya
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.
Wendz
#4 Posted : Thursday, April 18, 2013 10:34:44 AM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


My take...
bkismat
#5 Posted : Thursday, April 18, 2013 10:47:51 AM
Rank: Elder


Joined: 10/23/2009
Posts: 2,375
Wendz wrote:
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


My take...

Very demanding: both intellectually and the time required.
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
blackcobra
#6 Posted : Thursday, April 18, 2013 11:06:31 AM
Rank: New-farer


Joined: 1/7/2010
Posts: 68
Location: kenya
bkismat wrote:
Wendz wrote:
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


My take...

Very demanding: both intellectually and the time required.


All degree programmes are demanding intellectually and take 4 years except medicine courses. Therefore the input in degree courses is all the same. No degree course can be termed as 'less demanding intellectually'.... ata English, or Kiswahili
ZZE123
#7 Posted : Thursday, April 18, 2013 11:06:53 AM
Rank: Elder


Joined: 6/21/2008
Posts: 2,490
Assuming she finishes the Bachelor of Economics & Statistics course in 4 years it will be right about election time and she can focus on opinion polling and associate with a presidential candidate. A few years later she will be building castles in some slopes of a mountain.
The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
254.co.ke
#8 Posted : Thursday, April 18, 2013 11:10:39 AM
Rank: Member


Joined: 11/17/2006
Posts: 143
From my own experience! My unsolicited advice would let the girl take what is of interest to her. There are those of us who resisted the temptation of being told which course is better than the other and i have never regretted even once.My take is; if that her choice, the opportunities are immense in both government and private sector-However she need to take a professional course after the undergraduate to remain relevant and gain a competitive edge. I might be castigated on this forum for saying the 'bolded course' ain't even anything much but a degree.You need professional papers to be an Actuary. I could be wrong smile
blackcobra
#9 Posted : Thursday, April 18, 2013 11:12:04 AM
Rank: New-farer


Joined: 1/7/2010
Posts: 68
Location: kenya
ZZE123 wrote:
Assuming she finishes the Bachelor of Economics & Statistics course in 4 years it will be right about election time and she can focus on opinion polling and associate with a presidential candidate. A few years later she will be building castles in some slopes of a mountain.


Opinion polls require Statisticians and research oriented people. That's why sometimes we get distorted information maybe due to the data collection methods.

My take is ... let her take a more directional course, if its Economics, let it be economics if Statistics, let it be Stats. This blending sometimes is not healthy unless she wants to take up teaching careers then diversification would be ideal. But also also " mix well"
Gathige
#10 Posted : Thursday, April 18, 2013 11:15:20 AM
Rank: Elder


Joined: 3/29/2011
Posts: 2,242
@Bree, The options are limitless depending on what she wants to pursue as a career in future. Such a course would give her an analytical mind and then she can choose a career in such lines like finance, accounting or even research ( eg monitoring and evaluation which is quite lucrative).
"Things that matter most must never be at the mercy of things that matter least." Goethe
bkismat
#11 Posted : Thursday, April 18, 2013 11:20:46 AM
Rank: Elder


Joined: 10/23/2009
Posts: 2,375
blackcobra wrote:
bkismat wrote:
Wendz wrote:
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


My take...

Very demanding: both intellectually and the time required.


All degree programmes are demanding intellectually and take 4 years except medicine courses. Therefore the input in degree courses is all the same. No degree course can be termed as 'less demanding intellectually'.... ata English, or Kiswahili

@cobra you are very wrong some courses are less demanding than others even if they take the same amount of time to complete. Medicine is 6 years, Architecture is 6 years, Engineering is 5 years.
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
mkonomtupu
#12 Posted : Thursday, April 18, 2013 11:37:07 AM
Rank: Veteran


Joined: 2/10/2010
Posts: 1,001
Location: River Road
Bree wrote:
This girl got an A- in KCSE 2012 & is very keen on taking Bachelor of Economics & Statistics course at UoN/KU.
I have researched on the course, what it entails and possible career positions, but I found it a bit vague.

Please advice if it’s best to go ahead, why and what will she become after graduating 4yrs later.

Where will she get her internship, job? & the overall question, is it good as a career choice?

Asanteni smile


I wanted to study economics but my old man told me "well it wont make you rich but at least you will understand why we are poor"...never forgot those words
Bree
#13 Posted : Thursday, April 18, 2013 11:40:30 AM
Rank: Member


Joined: 7/17/2008
Posts: 478
Location: Old Trafford
maka wrote:
Bree wrote:
This girl got an A- in KCSE 2012 & is very keen on taking Bachelor of Economics & Statistics course at UoN/KU.
I have researched on the course, what it entails and possible career positions, but I found it a bit vague.

Please advice if it’s best to go ahead, why and what will she become after graduating 4yrs later.

Where will she get her internship, job? & the overall question, is it good as a career choice?

Asanteni smile

why is it vague according to you?the no. of jobs she can do at this time and age are inexhaustible...


@maka, I would appreciate if you can give me a list of such jobs?

What i got online is working in ministry of planning or central banks where I believe most of the jobs are few and already taken.
Bree
#14 Posted : Thursday, April 18, 2013 11:44:25 AM
Rank: Member


Joined: 7/17/2008
Posts: 478
Location: Old Trafford
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


Thanks for that. I will be on the look out for the exhibitions.

But from what I have gathered, Acturial science restricts you to insurance firms only making Econ/Stats a bit superior?

More info on applied statistics & job outlook please?
Bree
#15 Posted : Thursday, April 18, 2013 11:50:05 AM
Rank: Member


Joined: 7/17/2008
Posts: 478
Location: Old Trafford
254.co.ke wrote:
From my own experience! My unsolicited advice would let the girl take what is of interest to her. There are those of us who resisted the temptation of being told which course is better than the other and i have never regretted even once.My take is; if that her choice, the opportunities are immense in both government and private sector-However she need to take a professional course after the undergraduate to remain relevant and gain a competitive edge. I might be castigated on this forum for saying the 'bolded course' ain't even anything much but a degree.You need professional papers to be an Actuary. I could be wrong smile


Are you in the same field? What are these professional papers?
jguru
#16 Posted : Thursday, April 18, 2013 11:57:57 AM
Rank: Veteran


Joined: 10/25/2007
Posts: 1,574
Para or Regular?

If Para, let her go to a serious business school for a degree.

STRATHMORE.

Acturial: http://www.strathmore.edu/sfae/bbs/actuarial.php
Financial Economics: http://www.strathmore.ed...e/bbs/fin_economics.php
Finance: http://www.strathmore.edu/sfae/bbs/finance.php

She will be 'employable' long before she completes her studies.

These other universities ni mchezo tu...
Set out to correct the world's wrongs and you will most certainly wind up adding to them.
kiriita
#17 Posted : Thursday, April 18, 2013 12:11:56 PM
Rank: Member


Joined: 4/20/2008
Posts: 437
Bree wrote:
254.co.ke wrote:
From my own experience! My unsolicited advice would let the girl take what is of interest to her. There are those of us who resisted the temptation of being told which course is better than the other and i have never regretted even once.My take is; if that her choice, the opportunities are immense in both government and private sector-However she need to take a professional course after the undergraduate to remain relevant and gain a competitive edge. I might be castigated on this forum for saying the 'bolded course' ain't even anything much but a degree.You need professional papers to be an Actuary. I could be wrong smile


Are you in the same field? What are these professional papers?


Agree with 254 - you need to be an Fellow of the Institute of Actuaries to reap in the actuarial field[and the FIAs do really reap]. With just the degree you even struggle to get a job. And the FIA exams are, pretty 'demanding' to use the language in this thread.

Am told the better way is to study for the degree in a university in SA [rather than THE/JKUAT) as this gets you exemptions from most of the FIA papers.
maka
#18 Posted : Thursday, April 18, 2013 12:14:50 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
254.co.ke wrote:
From my own experience! My unsolicited advice would let the girl take what is of interest to her. There are those of us who resisted the temptation of being told which course is better than the other and i have never regretted even once.My take is; if that her choice, the opportunities are immense in both government and private sector-However she need to take a professional course after the undergraduate to remain relevant and gain a competitive edge. I might be castigated on this forum for saying the 'bolded course' ain't even anything much but a degree.You need professional papers to be an Actuary. I could be wrong smile

I totally agree if thats what she wants let her to it...My first degree is in actuarial science and i did it just because my old man was told it was hot cake and since he was paying i did not have any option,like someone said to be an actuary you need to have completed the papers either for the society of actuarie(US) or faculty of actuaries (UK) now that is another new ball game....i started from scratch and am pleased with myself and am so at rest with what am doing...Let her say what area she wants to focus in then she can start specialising pole pole while doing her degree...I believe if you focus in one area and strive to be better than all the rest/in your own league it will definetly pay off and pay off big time it will...the problem with most of us is that we are all over the place...a jack of all trades and the worst bit a master of non...take for example Razia Khan Head of research,Africa region for stanchart...Bsc.Economics LSE, MSc (Econ) in
Development, including Monetary
Economics and International Trade
Law, from the London School of
Economics...
possunt quia posse videntur
maka
#19 Posted : Thursday, April 18, 2013 12:18:52 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
jguru wrote:
Para or Regular?

If Para, let her go to a serious business school for a degree.

STRATHMORE.

Acturial: http://www.strathmore.edu/sfae/bbs/actuarial.php
Financial Economics: http://www.strathmore.ed...e/bbs/fin_economics.php
Finance: http://www.strathmore.edu/sfae/bbs/finance.php

She will be 'employable' long before she completes her studies.

These other universities ni mchezo tu...

How much is the fee for this?if am not wrong around 240k there about...if I squeeze myself kidogo and ongeza some more chumz I can do a degree by distance learning from LSE...
possunt quia posse videntur
bebeto
#20 Posted : Thursday, April 18, 2013 12:38:29 PM
Rank: Member


Joined: 8/5/2008
Posts: 602


Quote:
blackcobra wrote:
bkismat wrote:
Wendz wrote:
blackcobra wrote:
Bree, i do not think the course is ideal for such an excellent performance. Unless thats what really the student want, but the driving force would be what she wants to be after. There are other far much better courses like BSC ( Applied Statistics), BSC ( Acturial Science), Bachelor of Business Management ( which has several options, marketing, Finance , accounting, HR, Procurement etc)
There is an exhibition been organized where most University will participate. It may be ideal for her to visit and learn more on careers choice. About UON/KU, the student can also explore other universities, its her choice here and most decisions are irreversible once made! Make a wise choice.


My take...

Very demanding: both intellectually and the time required.


All degree programmes are demanding intellectually and take 4 years except medicine courses. Therefore the input in degree courses is all the same. No degree course can be termed as 'less demanding intellectually'.... ata English, or Kiswahili

@cobra you are very wrong some courses are less demanding than others even if they take the same amount of time to complete. Medicine is 6 years, Architecture is 6 years, Engineering is 5 years.


True that. Courses arent the same, even the ones that take similar no. of years. Their requirements in terms of input/intellect differ alot
"The chief danger in life is that you may take too many precautions" - Alfred adler
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