 Hey, how's it guys? It's MJ and in this video. I want to talk about Failure now next year signs There's two types of failures that we're going to be touching on in this video The one is when you fail an exam and the other is when you fail a year at University And this is a subscriber question and the subscriber wanted to know, you know What happens or what should they do after experiencing a failure? So this sort of first would be failing an actuarial exam if you fail an actuarial exam Don't worry. It's completely normal There are so many of these exams that you're bound to fail at least one the worst case that happens is you fail the exam you write it again at six months time and You lose a little bit of money because writing these exams are quite expensive But you can fail these exams as many times as you want and it's not like oh you failed this five times You no longer an actuary or you'd be kicking you out of the program There isn't that that cut off. I know some people who've written the same exam eight times I mean to get my fellowship exam done. I wrote that thing three times So there's nothing wrong at all with failing an actuarial exam In fact, very few people go through the entire process passing every single one first time so if you fail an exam don't give up it's normal keep going and What what you'll actually end up happening is you'll understand the subject a little bit better next time and it'll be better for the long run So failing early exams is not bad. Even if you fail the first one, it's gonna give you a stronger foundation going forward So don't give up and keep studying The next type of failure is when you fail a year at University and This one sucks. This one this one's heart to stomach Especially for a lot of us who we've done very very well at school We're used to getting straight A's and now we're dealing with failure and in a lot of cultures and societies Failure comes with shame. We feel like we're useless and it's a terrible emotional experience Fortunately for me, I didn't fail any years at University. I think first year and second year were a little bit touch-and-go Before you know getting quite comfortable then with third year and fourth year But I definitely there was a possibility that I was gonna fail first and second year It was these courses are incredibly difficult so the thoughts do go through your head and I had a lot of friends who unfortunately had to repeat a year and At the end of the day, it doesn't matter if you take an extra year to get your university degree You know, no one really asks you 10 years later. Oh, you know, did you fail University blah blah blah stuff like that Again, the cons are it's expensive University is expensive. So there's the fees problem and I guess a lot of people It's that shame, you know, all your friends going up a year and you having to repeat But what I'd like to say to to those of you who who are you know have failed the year and are considering Whether they should give up or try again I would strongly recommend trying again if your course lets you then says if they don't beg Get back into the program repeat the year You'll find that the information the second time around will come more naturally to you and you'll be able to progress Also coming into the later years because you'll have such a good, you know Foundational knowledge the rest should be much smoother and much easier I know a lot of successful actress who've gone to even pass their fellowship the first time around having repeated a year at University so the end goal is if you can afford it redo redo keep trying and never never give up worst case scenario is You know if you're not doing well at actual science you drop to accounting and and you become a CA no I am I have made the video about actuaries first accountants and both are very very much respectable Professions so so go check out that video, but the end of the day failure sucks failure serious But it's not the end so it doesn't matter if you fail ten times in a row the same exam keep writing it doesn't matter if you fail the university course redo it and That's what actuaries are known for is perseverance endurance and just yeah, that's that strong willpower so keep at it And I hope this video has motivated you guys not to give up and let me know if you've got any other Subscriber questions leave them in the comment section below and I'll get around to making a video on there Thanks guys so much for watching keep well. Cheers