As a math major, what is the best area to minor in to become an actuary?
I am a math major looking to become an actuary. Related minors at my univeristy are limited to accounting, business managment, marketing, economics, maybe computer science. Which combination would be most appealing to an employer looking for an entry level hire?
I see that you have 2 of these postings, so this is the same answer as on the first. I just wasn’t sure which one you were checking:
I point my students to the careers section on whenwilliusemath.com when they have question about a job (math or non-math). I glanced at their entry for actuary (http://www.whenwilliusemath.com/careers/actuary). They have a little blurb from an actual actuary (how about that alliteration
). In it he says, "…Actuaries use skills in mathematics, economics, finance, probability and statistics, and business…" Under the required math they have listed as optional: "substantial training in computer science" From this source it looks like the best combo might be computer science + (accounting or business or economics). You might go to the page and post a comment asking this same question for a more specific answer though. Hope this helps.
1) Within your math major, you could take classes emphasizing statistics and probability.
2) Is there an engineering department where you could take "applied math" classes?
3) Computer-related classes would be more beneficial compared to some of the others you mentioned.
References :
Mark Metlife
I see that you have 2 of these postings, so this is the same answer as on the first. I just wasn’t sure which one you were checking:
I point my students to the careers section on whenwilliusemath.com when they have question about a job (math or non-math). I glanced at their entry for actuary (http://www.whenwilliusemath.com/careers/actuary). They have a little blurb from an actual actuary (how about that alliteration
). In it he says, "…Actuaries use skills in mathematics, economics, finance, probability and statistics, and business…" Under the required math they have listed as optional: "substantial training in computer science" From this source it looks like the best combo might be computer science + (accounting or business or economics). You might go to the page and post a comment asking this same question for a more specific answer though. Hope this helps.
References :
http://www.whenwilliusemath.com/careers/actuary