{"id":17312,"date":"2008-08-26T03:41:52","date_gmt":"2008-08-25T19:41:52","guid":{"rendered":"https:\/\/www.curtin.edu.au\/news\/media-release\/first-wa-graduate-to-join-elite-group-of-actuaries\/"},"modified":"2008-08-26T03:41:52","modified_gmt":"2008-08-25T19:41:52","slug":"first-wa-graduate-to-join-elite-group-of-actuaries","status":"publish","type":"media-release","link":"https:\/\/www.curtin.edu.au\/news\/media-release\/first-wa-graduate-to-join-elite-group-of-actuaries\/","title":{"rendered":"First WA graduate to join elite group of actuaries"},"content":{"rendered":"
C234\/08<\/p><\/div>\n
26 August 2008<\/span><\/div>\n In a first for Âé¶¹Ö±²¥ of Technology and Western Australia, the Institute of Actuaries Australia (IAAust) has confirmed that a Curtin Actuarial Science graduate has completed the necessary examinations and other requirements to qualify as a Fellow of the Institute.<\/p>\n Bhavesh Haria is Curtin\u2019s first graduate to have completed the rigorous examinations through Curtin and the Institute and qualify as a Fellow. He joins only 17 qualified actuaries working in Western Australia and is believed to be WA\u2019s first \u201chome grown\u201d actuary.<\/p>\n Actuaries are specialists in financial mathematics and statistics \u2013 like financial engineers \u2013 and are crucial to the banking, insurance, superannuation and investment and finance sectors.<\/p>\n Bhavesh graduated from Curtin in 2005 with First Class Honours in Finance and a Bachelor of Science degree in Actuarial Science. His studies at Curtin helped him complete Part One of a five part program required to become a Fellow of the Institute.<\/p>\n \u201cThe program is rigorous and usually takes seven to ten years to complete as it requires not only a mark of at least 73% in some of the subjects in the degree program but also an additional one year control cycle course, further fellowship examinations through the Institute and a professional development course. There is also a two year full-time work experience requirement,\u201d Bhavesh said.<\/p>\n \u201cIt is all worthwhile as I am working in many different areas involving finance and risk which are very challenging and interesting at the moment, not only in Australia, but also globally. The financial and personal development rewards are also very attractive.\u201d<\/p>\n At the beginning of 2007 Curtin became the only Western Australian university and one of only five universities in Australia to offer an accredited actuarial degree program.\u00a0 Curtin offers students the opportunity to gain exemption from the Part One subjects through its Actuarial Science degree and is working towards attaining accreditation in the Part Two of the program.<\/p>\n Curtin Dean of Science and Computing in the Division of Science and Engineering, Professor Jo Ward said that she is delighted with Bhavesh\u2019s success and hopes his achievement will inspire current and future students to qualify as Fellows of the Institute.<\/p>\n \u201cCurtin is committed to providing our students with the best possible educational experience, and Bhavesh\u2019s success provides prospective and current students with an example of someone who has utilised the course flexibility and choice to help them achieve at the highest level,\u201d Professor Ward said<\/p>\n Associate Professor Kevin Bowman who mentored Bhavesh throughout his studies at Curtin, believes the success of the program is mirrored in Bhavesh\u2019s record of achievement.<\/p>\n \u201cBhavesh has achieved a global qualification in a field which offers numerous opportunities particularly in these challenging times,\u201d Associate Professor Bowman said.<\/p>\n \u201cAs the finance and resources industries are always in urgent need of more graduates with actuarial skills, Curtin is endeavouring to meet this demand and our newly accredited Actuarial course is helping students achieve this.\u201d<\/p>\n Bhavesh now works for Wesfarmers with their Business Development team looking at among other things potential mergers and acquisition opportunities for the group.\u00a0 He was involved in the biggest takeover in Australian corporate history last year with the Wesfarmers acquisition of the Coles Group for a record $22 billion.<\/p>\n \u201cMy actuarial studies have opened up doors for me in very interesting areas and the work is challenging. The complex problem solving and rigorous financial risk management skills that the course develops are thoroughly valued by employers,\u201d Bhavesh said.<\/p>\n Prior to his appointment at Wesfarmers, Bhavesh worked with Alinta helping to manage their vast wholesale energy and greenhouse credit portfolios and previously with the Department of Treasury and Finance.<\/p>\n Âé¶¹Ö±²¥\u2019s Actuarial program information can be found at their website http:\/\/www.maths.curtin.edu.au\/<\/a> CRICOS provider code: 00301J<\/p>\n Modified: 26 August 2008<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" In a first for Âé¶¹Ö±²¥ of Technology and Western Australia, the Institute of Actuaries Australia (IAAust) has confirmed that a Curtin Actuarial Science graduate has completed the necessary examinations and other requirements to qualify as a Fellow of the Institute.<\/p>\n","protected":false},"author":4275,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","wds_primary_category":0,"wds_primary_research-areas":0,"footnotes":""},"categories":[3],"tags":[],"research-areas":[],"class_list":["post-17312","media-release","type-media-release","status-publish","hentry","category-campus-and-global-community"],"acf":{"post_options":{"":null,"additional_content":{"title":"","content":"","image":false},"related_courses":false,"credits":{"author":"","photographer":"","media":false},"display_author":true,"banner":{"image":false}}},"featured_image":false,"author_meta":{"first_name":"Curtin","last_name":"University","display_name":"Âé¶¹Ö±²¥"},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/media-release\/17312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/media-release"}],"about":[{"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/types\/media-release"}],"author":[{"embeddable":true,"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/users\/4275"}],"version-history":[{"count":0,"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/media-release\/17312\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/media?parent=17312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/categories?post=17312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/tags?post=17312"},{"taxonomy":"research-areas","embeddable":true,"href":"https:\/\/www.curtin.edu.au\/news\/wp-json\/wp\/v2\/research-areas?post=17312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nContact:\u00a0 Lisa Mayer, PR Coordinator, Curtin, 08 9266 1930, 0401 103 755 l.mayer@curtin.edu.au<\/a><\/p>\n