What is a good double major with actuarial science?
Actuarial Science is a major that is often taken simultaneously with a second major in mind. Some of the most common actuarial double majors are: Actuarial Science & Statistics, Actuarial Science & Communication, Actuarial Science & Finance, and many more combinations that you may think of.
Is economics a good major for actuarial science?
Economics is a popular choice for someone looking to become an actuary. If you decide to major in it then you’d want to fill some of your electives with courses in statistics, probability so that you get exposure to the other side of the actuarial skillset. A couple computer science courses would be helpful too.
What should I major in if I want to be an actuary?
Popular majors for actuaries include mathematics, actuarial science, business, economics, and statistics.
Can finance majors become actuaries?
Usually, actuaries earn an undergraduate degree in math or statistics. It is also common to major in a business-related field, such as finance, economics or business. Students should, however, take courses in economics, applied statistics and corporate finance, which are requirements for professional certification.
What do most actuaries major in?
Most actuaries hold earn an undergraduate degree in an analytical field, such as mathematics, actuarial science, or statistics. Students should also take courses in topics such as computer science, writing, communication, and public speaking. Full-time students typically earn their bachelor’s degree in four years.
What major should I choose to be an actuary?
While an actuarial career can start with a bachelor’s degree in any subject, most actuaries choose a major in mathematics, actuarial science, statistics, or another analytical field. Coursework in economics, statistics, and corporate finance is key to achieving professional certification.
Do actuaries use econometrics?
The primary difference between both fields is the use of statistics in both. In actuarial science, the use of statistical methods is more prevalent compared to econometrics.