I tried Google but there isn't much information on this and I would really like some insights into actuarial studies, the mathematics involved and how it compars to the mathematics in a bachelor of mathematics for example.
I read that it is a very challenging degree and less than 50% of initial students make it to 3rd year and only about 40% graduate. Is this because most students are in it for the money and can't handle the mathematics or is it just a very challenging degree? I also read that it is basically studying combinatorics and statistics at a very high level. Is that actually challenging?
What do you think is a good way to learn the maths required to do well in such degree? What textbooks and topics do you recommend to prepare for it?
Hopefully this isn't an off topic question but I am asking specifically about the mathematics involved in actuarial studies.