Credits required. But regardless of what you go for, I'm not sure a double major is worth spending an extra year in school for, even if that would also mean passing an extra exam before you graduate. Work on time management and organization in order to complete all your projects on time. If you want a job in finance and don't go to a T10 school you better major in finance or maybe math. I don't want to be managing a power plant or something. Mathematics is applicable to nearly every industry today, from science and technology to business, retail, healthcare, and more. It trains you to think very methodically and logically (particularly in proof based courses) which are necessary to be a good programmer. Honestly Math, Stat or Computer science would be great. Majoring in math in college is not like high school; the classes are a lot more in-depth, especially after your first year is over. Fair point! The benefit that a stem major brings to job recruiting is a universal curriculum. Edit: also aero engs, and physics folk with solid programming chops. Maybe consider a minor, or switch out of Actuarial Science-Finance. That's how you'll be passing classes when you get a job anyway. Double Major with Mathematics There is considerable overlap between the AMS and MAT majors, for example, all the lower-division courses required for the AMS major are also required for the MAT major. That said, there are always exceptions. Double degree APPM-CVEN: The Applied Mathematics and Civil Engineering departments offer a streamlined dual-degree track for talented students who are interested in analytical and computational methods related to civil engineering and general engineering science. Many people don’t realize how many different roles and job opportunities exist within the finance sector. People have been telling me that math and computer science are similar, and that math prepares you for CS. New comments cannot be posted and votes cannot be cast. I'm assuming if you were able to pass exam P as a freshman you'd have very little trouble independent studying for MFE or C over the next 2 years. That said CS would have made it easier for you to pick up R. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. The most interesting and fun programming jobs require math. I love the perspective my Math B.Sc. To add to this, part of the reason a lot of mathematicians make good programmers is the way math makes you think. I'd expect a finance major going into P&C would have even more trouble. IMO, you're already way ahead of the game. In economics you rarely need maths (other than adding, substraction, percentages etc.. basic). Major 1 : A major that you are passionate about. Law? Entry-Level Jobs for Math Majors With a Bachelor's. The people that fill those jobs are either CS students that are great at math (either by their own accord or through a double major/ math minor) or EE/CpE students that focused on software. education brings to my CS problem solving. The people that fill those jobs are either CS students that are great at math (either by their own accord or through a double major/ math minor) or EE/CpE students that focused on software. She was hired soon after she graduated to work as a policy analyst at the Federal Reserve Bank of San Francisco. Thanks for the advice! See originally I was content with three years, but the more I live on campus, the more I want to stay for the full four. it limits your future a little more. Here's a story for all the math majors and future math majors reading this: I graduated with a bachelor's degree in math 6 years ago. There are more things in the world that are interesting than just maths and different people will like different things. Thanks for the recommendation though! Math students enjoy a great deal of personal attention. On the other hand, most students have a strong preference for the type of courses offered in just one of these majors. This is my opinion but I hate ActSci degrees. I did a Bsc - Math & BA - philosophy. Being more marketable for industry? On the math side, finance majors typically go up to what, first-semester calc? Any of my recommendations aren't going to be easy to double-major with - mathematics, statistics, computer science, etc. Understanding the math? Knowledge of mathematics opens gateways to many different professions such as economics, finance, computing, engineering, and the natural sciences. than her counterpart in accounting, engineering, or nursing to get that sought after job. (if you like computer) Maybe mix it up with accounting so you can get that CFO role. If you're sure you'll be an actuary then I'd focus on keeping your GPA high for a good shot at landing an EL position smoothly. You passed exam P (congrats) your 1st semester and plan on sitting for FM your 2nd semester. Anything but biochemistry... Man that shit sucked b-hole. 1. And while I personally exempted all the "required" exam prep courses for my major, I'm really not sure why so many people look down on them, considering that virtually all of the practicing actuaries I know use seminars and/or online courses for exam prep. Hi r/actuary! The economics major offers two concentrations, policy and theory, as described below. Although they're both business disciplines, as we've mentioned in other articles, accounting and finance focus on different areas of the field. When students study both disciplines, they can use their degree to pursue a career as a brokerage clerk. The exact definition of “double major” will depend on the specific school’s policies and terminology. You can fit a double major into four years, and if you enjoy both anyway, then you'd want to take the classes even if you didn't "have" to. I think the question really is: Can I succeed in finance even though I'm not good at math? That being said, just a math degree will enable you to do more than just a CS degree. (That was literally my first question too). Many engineering majors struggle just to finish a single major in 4 years, let alone a double major. ITT millennials arguing over whose major is better. I'm not trying to pick on you, but I don't know why people major in act science. The mental patience and intellectual discipline that come from studying math can lead to rewarding opportunities in a wide range of fields. Like seriously? If you're on a significant scholarship and the extra year gives you the chance to take more courses in programming, finance, pure math, or stats courses, or any other interesting field, then by all means go for it. I don't think that's necessarily true. Have you looked at high finance/IB/consulting? For academia? I got a job with two exams passed, and you'll have two exams passed before you're done with your freshman year. While double majors have been a popular way to balancea deep study of the humanities with traditional degrees in the sciences, basic tabulations suggest that the percent of workers with a double major has been roughly constant, or even decreasing, over the past six years depending on how one restricts the sample. And certainly as a freshman you are not 100% positive you want to be an actuary for your entire life. How much extra time, money and effort is needed, How badly do you want the additional material. If you major in cs and minor in math you're still golden. I feel far more creative and less like a labourer. (As an aside OP, psychology might also be a useful thing to study as minor for a CS degree, though I see people below suggesting it as well). It's tough to double-major in engineering because engineering requires so many classes. Aside from what others have said about helping you think about things differently, the math degree will make your course work easier and you'll therefore have more time to get into research. Then there can also be fun in just building something that fulfills someone's needs by, for instance, using a novel interface or data presentation method. There's some pretty fascinating work to be done that you can learn the relevant math for as you go. Majoring in math in college is not like high school; the classes are a lot more in-depth, especially after your first year is over. Below are the details around double majors and double degrees. While accounting majors learn about the intricacies of financial transactions and record-keeping, finance majors study financial management-related topics and how they relate to the global economy. Listed in no particular order, here are the top 10 double major combinations students at ASU's W. P. Carey School of Business feel will help with their careers. However, the general definition of double major is simply two college majors within one college degree. On my current track, I'm planning on graduating in 3 years. Of course, having skills like fluency in a foreign language or programming always helps, but it seems to me an employer will expect you to have more to offer like these skills to "compensate" for your major. For example, a student might double major in psychology and a foreign language, but graduate with one bachelor’s degree. Why not take that 3rd exam earlier, graduate in 3 years instead of 4 and enter the work force sooner? Very. Press question mark to learn the rest of the keyboard shortcuts. Getting a broader perspective? I would agree with this the most. Neither of which are necessarily technically challenging, but lean to requiring a more social/psychological take on things. There are hundreds of thousands of CS jobs around while the math jobs are severely lacking in number and pay, and although some might take math majors, the majority want either CS or CompEng. Developing approaches to applied math fields/problems? My current job prospects are horrible. As an aside, I had multiple offers for analytical positions in unrelated fields before I accepted my current position, and I know others who've had little trouble getting "Business Analyst"-type positions with actuarial science degrees. A student pursuing a double major must complete all university and college requirements. Cookies help us deliver our Services. It's a chance to invent who you're going to be for the rest of your life. Maybe consider a minor, or switch out of Actuarial Science-Finance. Although, I kind of am in the camp of doing four years, but that depends on the cost savings too. If you want to do high quality graduate level work and research, math is essential. Just like accountants, finance majors learn to present financial information to clients and colleagues by using charts, graphs, and other visual aids. I am stuck at a dead end programming job where I earn less than $40,000 per year even though I live close to a major US city and have over 5 years of work … Folks liked that because it showed diversity of thought. A CS degree can open up a lot of opportunities outside insurance, but actuaries usually pick up the programming skills on the side. Students with permission from the director of undergraduate studies may change from one concentration to the other, but certain rules apply. Mathematics is a very abstract field in many ways, and jumping into a math major is like embarking on a journey through very challenging terrain in an abstract universe. Medicine? You don't have to double major. A math degree is a lot more comparable, and I considered that option myself. CS only if you're not sure about the actuarial track, IMO. Some people are just naturally gifted at programming and the thought processes come quite naturally for them, even without extensive training. Students can complete a double major from both programs with a minimum of 143 credits. I have a BS CS and a BA Math, and I'm currently going for my MS CS. Students should review the Department of Economics website for more information about the major and meet with an adviser in th… You get so much more by majoring in the other aforementioned 3. Major: Accounting/finance (or, if your university doesn’t have these specific majors, something that has coursework in these areas). The actuarial science major provides the most value only in an insurance context, but other majors like math, CS, or stats can be used elsewhere. having a different degree (not unrelated entirely, but different, say, finance, or mathematics, or statistics, or comp sci) and having exams passed shows more potential. You can still pick what you want out of anything right now tbh. You might assume it's all those complicated STEM majors—and you wouldn't necessarily be wrong. It might also be hard to double-major and take all of the pre-med courses in 4 years unless one or both of your majors … A philo major probably has to work harder, write more persuasive cover letters, interview better, etc. Even us peasant engineers sometimes cross the boundary. For example, looking at all individuals between ages 20 and 29, only 12.5 percent of the population had a double major in 2015, which is down from 14.2 percent in 2009, according to my calcul… I'm trying to understand your time line. I will look into CS! By using our Services or clicking I agree, you agree to our use of cookies. I would like to eventually go on to get a phd in some field most likely other than math. that being said, a math-finance double major is very impressive if you can keep your GPA up and will provide you with more opportunities than finance only, especially in fields that require more quant horsepower. If you plan on going into industry, it'll help immensely. For example, if you were double majoring in business and economics, you'd most likely earn a single bachelor of science (BS) degree for your two specializations. You can impress a lot more people with the exams passed AND another major, like maybe pure finance. The people that fill those jobs are either CS students that are great at math (either by their own accord or through a double major/ math minor) or EE/CpE students that focused on software. Within the applied CS world, there are plenty of optimizations (with respect to runtime) you can make via math that pure CS people might not see. Take this with a grain of salt because I am justa bout to graduate college too so what the fuck do I know, but to me, I see: it makes the exams passed less impressive, because you were literally going to school for it. Any of my recommendations aren't going to be easy to double-major with - mathematics, statistics, computer science, etc. In either case, no course may be taken for which the student does not have the appropriate prerequisites; this includes mathematics prerequisites. Computer science IMO. I'm not sure how you're supposed to understand Black-Scholes, let alone more complicated valuation models, with so little background in math. I've found that my math degree helps a lot with my theoretical classes (I'm interested in Programming Languages/Formal Methods), and it's very, very easy to understand the theory taught in those classes when the proofs are all ones you've seen but in different forms. Before I dive into the reasons to double major, let me briefly touch upon the 2 majors I think every college student should pursue. That said, if you like computer science as well as math, you sort of might as well. If it's going to run you up an extra $50,000, then get out ASAP with a job in hand. I don't want to be managing a power plant or something. I did my doctorate in Aero E, and I'm transitioning from being in a national lab to either an algo trading or a machine learning type of position (depending on which offer I like better). There are some exceptions but those are more or less related to attempts to forecast future based on previously recorded key performance figures. “Finance is extremely broad and there are many options,” Collado says. Double majors are normally awarded within the same school or department. Subreddit for actuarial professionals, students and interested (innocent) bystanders. You should focus on being the best liberal arts major you can be. It's never new or exciting. Mathematics is the study of shape, quantity, pattern and structure. Pursuing an economics major might at first glance seem to provide an education that’s interchangeable with a business major education. Be sure not to treat college just as pre-internship. In which case the answer is: yes! Bleh. … I am planning on comfortably finishing in 5 years, taking some summer classes (though not required). You will learn to solve difficult algorithms and code software programs. There are different kinds of mathematical ability: 1. What are the hardest college majors? While your interest in math may have started as a hobby, it's possible to make your love of mathematics into a lucrative career with the right amount of skill and effort. I did my doctorate in Aero E, and I'm transitioning from being in a national lab to either an algo trading or a machine learning type of position (depending on which offer I like better). Finance & actuarial are quite similar. I was just a math major, and looking back, I wish I would have taken more CS classes. There's a plethora of work just building and maintaining CRUD applications. If you stayed for a 4th year you would be taking your 3rd exam 2-3 years after your 2nd? Would also like to say, as a PhD in computer science and a professor - I really really wish I had double majored in math. Major 1 : A major that you are passionate about. It takes a unique variety of skills and characteristics to excel in this career. First, I feel like a finance degree in particular would leave you in pretty rough shape when it comes to understanding what's going on under the hood of a lot of actuarial models. I majored in math and minored in CS (and Physics), but work primarily in CS. In economics you rarely need maths (other than adding, substraction, percentages etc.. basic). Average starting salaries for finance majors exceed $50,000 at the bachelor's level and $70,000 at the master's level.According to PayScale, annual salaries for finance majors with just a bachelor's degree … I understand my employment opportunities with a pure math degree will be extremely limited, this is why I would like to double major. I recently decided to do a CS and Finance double major and drop the Mathematics and Economics. If you're sure you'll be an actuary then I'd focus on keeping your GPA high … Is it worth it to double major in math and computer science? Finance . I'm 99.9% sure I want to be an actuary, but I figured having the extra major would distinguish me from others when applying for jobs. I wouldn't wish that on anyone. Super easy to digest even though presented in a clunky fashion. As far as going the other way around (i.e., focusing on math with CS as a "tangential" thing), if you're planning on doing grad school in math, it might not be too beneficial. Mathematics is a very abstract field in many ways, and jumping into a math major is like embarking on a journey through very challenging terrain in an abstract universe. I know it's only anecdotal, but I know of a hiring manager that prefers to hire ELs with non-actsci degrees. Emily Kaar ’17, a double major in mathematical analytics and operations research, and economics, can testify to how math studies can connect you to a great job. If you hate math, and don't think you'd be good at it, I wouldn't worry about being a math major. Good luck! if you go for a Comp Sci degree or Finance degree, that widens your job search. This is a popular and lucrative business major for both undergraduate and graduate students. I am in the process of teaching myself R. CS wouldn't have taught you R anyways. Accounting and Computer Science is a challenging major that requires well-developed math skills. Press question mark to learn the rest of the keyboard shortcuts. This is a very silly notion, that for anyone the most interesting things that one can do as a programmer are maths related. Not an expert but what makes you say a math degree will give more opportunities? Thank you for the advice dude, and good luck with graduating! I would like to eventually go on to get a phd in some field most likely other than math. Having to be this good with numbers and future thinking also puts this in the running for hardest college major. Any other fields? 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Improving their success in the camp of doing four years, but they are typically very boring.. Option myself pursuing an economics major offers two concentrations, policy and theory, as described below every today! The actuarial track, imo major should be looked at under the lens of,... To what, first-semester calc as a programmer are maths related a T10 school better! Can be 1: a major that you can get that CFO role,.... Struggle just to finish a single major in the process of teaching myself R. CS would n't taught! Going to be easy to double-major in engineering because engineering requires so many classes same,... To attempts to forecast future based on previously recorded key performance figures ’ t realize how many professions. A STEM major brings to job recruiting is a worthwhile endeavor to do advanced in. To excel in this career for picking up arbitrary amounts of math a job in hand a are...