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Bob Jones University Dr. Gary Guthrie - Chairman of Mathematical Science
http://www.bju.edu/academics/cas/undergrad/divms/actuarial.html

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  #1  
Old 09-29-2014, 09:10 PM
leewonhee7 leewonhee7 is offline
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Default student at uw: major in mathematical finance or actsci?

like it says, uw has a good math finance undergrad program and a fine
actuarial science program. As I looked around a few threads regarding the major, most people do not encourage to major in actuarial science.
I am interested in both finance and math and currently studying actuarial exam. Is there any loss that I would face with regards to act sci field if I choose to major in mathematical finance due solely to my possible career change in the future into finance and strong interest in finance?
Will I be able to manage actuarial exams with a changed major (math finance?)
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Old 09-29-2014, 10:39 PM
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math finance > act sci
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Old 09-29-2014, 10:51 PM
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From Mary Hardy:

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Originally Posted by Mary Hardy View Post
I teach in a well known actuarial program.

Graduates of our program have gone into jobs as actuaries, statisticians, bio-statisticians, financial quants, financial planners, pensions administrators, underwriters, teachers, lawyers, business leaders and entrepreneurs, pilots, software developers, bankers.

Graduates of our program have continued their studies at some of the best universities in the world, including Harvard, Stanford, Berkeley, UCLA, Carnegie Mellon, Northwestern, Cornell, MIT, Columbia, Wharton, in subjects including finance, statistics, OR, and law. In every case their actuarial education at Waterloo was considered an asset. I cannot recall a single occasion where a graduate was restricted in her/his choice because her/his major was actuarial science and not mathematical sciences.

Don't believe everything you read from anonymous posters who apply limited local experience as if it were a global truth.
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Old 09-29-2014, 11:06 PM
leewonhee7 leewonhee7 is offline
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From Mary Hardy:
this helped a lot. thanks
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Old 09-30-2014, 12:24 AM
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Quote:
Originally Posted by leewonhee7 View Post
like it says, uw has a good math finance undergrad program and a fine
actuarial science program. As I looked around a few threads regarding the major, most people do not encourage to major in actuarial science.
I am interested in both finance and math and currently studying actuarial exam. Is there any loss that I would face with regards to act sci field if I choose to major in mathematical finance due solely to my possible career change in the future into finance and strong interest in finance?
Will I be able to manage actuarial exams with a changed major (math finance?)
Don't major in AS. Study anything else.

Would pick music over actuarial science so long as you take a calculus series.
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Old 09-30-2014, 12:33 AM
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It's awfully presumptuous to assume that everyone means the same "UW" as you do.

(Go Huskies)
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Old 09-30-2014, 12:53 AM
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It's awfully presumptuous to assume that everyone means the same "UW" as you do.

(Go Huskies Badgers)
IFYP
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Old 09-30-2014, 01:26 AM
clarinetist clarinetist is offline
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Quote:
Originally Posted by DoctorNo View Post
(Go Huskies Blugolds)
IFYP

(Yeah, I know. )
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Old 09-30-2014, 01:49 AM
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Psychology professors sell their programs too.

Act sci is a fine degree. No doubt there are doctors, lawyers, and even biologists that majored in it.

If you are pretty sure you want to be an actuary, major in it, fly through exams, and get internships. You will probably get a job right out of school.

But nobody in the actuary field seems to toss other majors to the side - so long as they have exams and internships.
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Old 09-30-2014, 01:56 AM
leewonhee7 leewonhee7 is offline
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Quote:
Originally Posted by corn dog View Post
Psychology professors sell their programs too.

Act sci is a fine degree. No doubt there are doctors, lawyers, and even biologists that majored in it.

If you are pretty sure you want to be an actuary, major in it, fly through exams, and get internships. You will probably get a job right out of school.

But nobody in the actuary field seems to toss other majors to the side - so long as they have exams and internships.
what do i recommend?
act sci over mathematical finance?
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