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Which degree would be better for a person who wants to pursue actuarial science: a mathematics degree with a focus in actuarial science, or an actual actuarial science degree?

I went to a college fair and was presented with two different colleges, one with a mathematics degree with a focus in actuarial science, and the second having an actuarial science degree. I was just curious as to which would be the Bette option. #mathematics #actuarial-science

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Jonathan’s Answer

Truthfully, there probably isn't much difference in the degrees and, if you are certain about the actuarial field, it really doesn't matter which you chose.


If you are not sure about the actuarial field, then I think the math degree would provide you with a few more options.

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Sharon’s Answer

If you definitely want to be an actuary, then I agree that the actuarial science degree might give a slight edge in passing more exams while in school, and introducing you to more job opportunities and internships earlier. However, the difference is probably very small, and I have lots of colleagues who majored in math or computer science, and even a few in physics and chemistry. It honestly does not matter at all as long as you pass your exams!

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Lisa G.’s Answer

I agree. Any employer wants an actuary who can pass exams and also think critically. I think either program would work. In addition, you don't have to necessarily have actuarial science as a specific specialty at all. What you do need is to make sure you are prepared for the exams and can get some of the first parts done as you are studying math (and even better math and other things you are passionate about).

To be an actuary and successfully pass exams you have to be a self starter who can teach yourself the material needed to pass exams. The important thing is to learn how to learn and be ready to start the exams.

Also check out the website BeAnActuary (http://beanactuary.org), if you haven't already!

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