An economics and finance double major is possibly the best degree combination in the commercial field. 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. As a math major, you've decided to pursue mathematics as your academic focus, and before you graduate, it's important to know which career path you want to pursue. Getting a broader perspective? You should focus on being the best liberal arts major you can be. In this article, we look at the various factors normally used to determine whether a major is hard before going over the 13 most difficult majors based on how many hours students typically spend each week preparing for classes. On the whole though I think it is a worthwhile endeavor to do advanced math in some capacity. 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. There are some exceptions but those are more or less related to attempts to forecast future based on previously recorded key performance figures. Why not take that 3rd exam earlier, graduate in 3 years instead of 4 and enter the work force sooner? (if you like computer) Maybe mix it up with accounting so you can get that CFO role. I would agree with this the most. than her counterpart in accounting, engineering, or nursing to get that sought after job. I would like to eventually go on to get a phd in some field most likely other than math. Developing approaches to applied math fields/problems? Also web development is typically pretty tedious, though there are exceptions. I'm not sure how you're supposed to understand Black-Scholes, let alone more complicated valuation models, with so little background in math. Major 1 : A major that you are passionate about. If both majors are in the same college, the student must complete all department/curricular requirements for each major. It trains you to think very methodically and logically (particularly in proof based courses) which are necessary to be a good programmer. I did a Bsc - Math & BA - philosophy. 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. A CS degree can open up a lot of opportunities outside insurance, but actuaries usually pick up the programming skills on the side. I majored in math and minored in CS (and Physics), but work primarily in CS. it limits your future a little more. Press J to jump to the feed. 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 … Finance & actuarial are quite similar. 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 … Before I dive into the reasons to double major, let me briefly touch upon the 2 majors I think every college student should pursue. 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. Very. Computer science IMO. CS majors that aren't very good/learned in math will still find jobs, but they are typically very boring jobs. I hear this a lot, so here's my perspective as someone with a degree in actuarial science. 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. Edit: also aero engs, and physics folk with solid programming chops. A double major, or dual major, is the act of pursuing two majors, with both typically falling under the same degree. 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. That being said, just a math degree will enable you to do more than just a CS degree. Major: Accounting/finance (or, if your university doesn’t have these specific majors, something that has coursework in these areas). The skills and talents of accounting majors are easily applied to the fields of investment banking, security assessment, risk management, corporate finance, and of course, banking, among many others.If a student were certain of a dual interest in an accounting-related field (early on in their college career), it would be prudent to consider vying for dual major accounting degrees when graduating. Some people are just naturally gifted at programming and the thought processes come quite naturally for them, even without extensive training. I don't get why you'd want / need an Act Sci major. (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). Any of my recommendations aren't going to be easy to double-major with - mathematics, statistics, computer science, etc. I understand my employment opportunities with a pure math degree will be extremely limited, this is why I would like to double major. An increasing number of college students are taking on a second major in the hopes of improving their success in the workforce. 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. Entry-Level Jobs for Math Majors With a Bachelor's. 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. Finance . Ill look into the school's CS program to see if it is worth it. 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. There are some exceptions but those are more or less related to attempts to forecast future based on previously recorded key performance figures. I am a college freshman and I passed exam P in September, and sitting for FM in February. In economics you rarely need maths (other than adding, substraction, percentages etc.. basic). Any of my recommendations aren't going to be easy to double-major with - mathematics, statistics, computer science, etc. 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. Double majors are normally awarded within the same school or department. 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. Goldman Sachs hires english majors because they went to Ivy League schools, not because investment banking is stupid (not saying it is hard mentally). A student pursuing a double major must complete all university and college requirements. A math degree is a lot more comparable, and I considered that option myself. Mathematics is applicable to nearly every industry today, from science and technology to business, retail, healthcare, and more. Honestly Math, Stat or Computer science would be great. As a basic example of stuff not just anyone can do is isn't really maths related and is hard/interesting is optimising some piece of infrastructure mercilessly for your server architecture. (That was literally my first question too). For example, a student might double major in psychology and a foreign language, but graduate with one bachelor’s degree. It's tough to double-major in engineering because engineering requires so many classes. It takes a unique variety of skills and characteristics to excel in this career. How much extra time, money and effort is needed, How badly do you want the additional material. I will look into CS! Being more marketable for industry? There are more things in the world that are interesting than just maths and different people will like different things. Be sure not to treat college just as pre-internship. The economics major offers two concentrations, policy and theory, as described below. You get so much more by majoring in the other aforementioned 3. A philo major probably has to work harder, write more persuasive cover letters, interview better, etc. It's a chance to invent who you're going to be for the rest of your life. Finance is a business major that focuses on economics and the management of money. A bachelor's degree with a double major in psychology and criminology can be an excellent academic foundation for a number of careers in social services and mental health treatment. 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 … Below are the details around double majors and double degrees. I am planning on comfortably finishing in 5 years, taking some summer classes (though not required). Maybe consider a minor, or switch out of Actuarial Science-Finance. You should also consider taking at least 1-2 writing or communication-intensive classes because plenty of students are good with numbers, but many of them cannot communicate with other humans. So it can only help knowing some math so that the ideas at least make sense at some level. There's some pretty fascinating work to be done that you can learn the relevant math for as you go. CS majors that aren't very good/learned in math will still find jobs, but they are typically very boring jobs. Mathematics is the study of shape, quantity, pattern and structure. 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. Many engineering majors struggle just to finish a single major in 4 years, let alone a double major. Beneficial for what? On the other hand, most students have a strong preference for the type of courses offered in just one of these majors. Accounting and Computer Science is a challenging major that requires well-developed math skills. I don't think that's necessarily true. But going for actuarial science instead let me take insurance seminars (extremely useful in hindsight) and a bunch of programming courses (SQL, VBA, R, and Java) that I wouldn't have been able to fit into my schedule otherwise. IMO, you're already way ahead of the game. Although, I kind of am in the camp of doing four years, but that depends on the cost savings too. Like seriously? Neither of which are necessarily technically challenging, but lean to requiring a more social/psychological take on things. Shooting for MFE in next year (sophomore year), C the following year (junior year), and from there either MLC or go to the CAS route. That said, if you like computer science as well as math, you sort of might as well. In this vein, CS + Math > CS alone if you want to go to grad school for CS. In either case, no course may be taken for which the student does not have the appropriate prerequisites; this includes mathematics prerequisites. 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. Subreddit for actuarial professionals, students and interested (innocent) bystanders. Double majors require a minimum of 180 credits, which is the minimum number of credits required for a degree at the UW.It may, however, take you more than 180 credits to complete all of the requirements for the two majors, depending on the requirements themselves and how efficient you are in taking them. “Finance is extremely broad and there are many options,” Collado says. 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. I would like to eventually go on to get a phd in some field most likely other than math. Jobs for math majors right out of college can be found in insurance, finance… Students can complete a double major from both programs with a minimum of 143 credits. I agree with this. Plus, a lot of programming involves mathematical models for various phenomena (fluid flow, traffic flow, atomic structure, protein folding, networks, etc.). I love the perspective my Math B.Sc. In which case the answer is: yes! Press question mark to learn the rest of the keyboard shortcuts. Law? Major 1 : A major that you are passionate about. Would also like to say, as a PhD in computer science and a professor - I really really wish I had double majored in math. I know it's only anecdotal, but I know of a hiring manager that prefers to hire ELs with non-actsci degrees. Minor: Computer science, math, or statistics. I wouldn't wish that on anyone. … The most interesting and fun programming jobs require math. A2A. 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. The exact definition of “double major” will depend on the specific school’s policies and terminology. 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. Finance majors need skills in math, analyzing data, formulating strategies, and communicating well. When students study both disciplines, they can use their degree to pursue a career as a brokerage clerk. New comments cannot be posted and votes cannot be cast. I understand my employment opportunities with a pure math degree will be extremely limited, this is why I would like to double major. 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. My current job prospects are horrible. You might assume it's all those complicated STEM majors—and you wouldn't necessarily be wrong. I have a BS CS and a BA Math, and I'm currently going for my MS CS. 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. Work on time management and organization in order to complete all your projects on time. This is a very silly notion, that for anyone the most interesting things that one can do as a programmer are maths related. If you plan on going into industry, it'll help immensely. I want to work on exciting projects though. ), and maybe even a little SQL and vba, as that will help save you a lot of time when it comes to the duties in FP&A. I don't want to be managing a power plant or something. 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. Any other fields? For academia? What are the hardest college majors? I graduated with honors and a good GPA from a good college. Before I dive into the reasons to double major, let me briefly touch upon the 2 majors I think every college student should pursue. The mental patience and intellectual discipline that come from studying math can lead to rewarding opportunities in a wide range of fields. If you major in cs and minor in math you're still golden. Is it worth it to double major in math and computer science? Doing both will open up a lot of doors for you. 1. The problem with this question is that "beneficial" is a very imprecise word. Accounting? Having to be this good with numbers and future thinking also puts this in the running for hardest college major. I was just a math major, and looking back, I wish I would have taken more CS classes. 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's a plethora of work just building and maintaining CRUD applications. Students with permission from the director of undergraduate studies may change from one concentration to the other, but certain rules apply. 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. Pursuing an economics major might at first glance seem to provide an education that’s interchangeable with a business major education. Even us peasant engineers sometimes cross the boundary. 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. Students should review the Department of Economics website for more information about the major and meet with an adviser in th… You can impress a lot more people with the exams passed AND another major, like maybe pure finance. Let someone else worry about that. She was hired soon after she graduated to work as a policy analyst at the Federal Reserve Bank of San Francisco. I don't want to be managing a power plant or something. Double major should be looked at under the lens of ROI, and your personal preferences. I'm trying to understand your time line. And certainly as a freshman you are not 100% positive you want to be an actuary for your entire life. Mathematics is applicable to nearly every industry today, from science and technology to business, retail, healthcare, and more. Folks liked that because it showed diversity of thought. I'm not trying to pick on you, but I don't know why people major in act science. However, the general definition of double major is simply two college majors within one college degree. most math majors i knew at my undergrad school (a top 50 non-target) graduated sub 3.0 and ended up pursuing careers as math teachers because they didn't have any other options. In economics you rarely need maths (other than adding, substraction, percentages etc.. basic). If you want a job in finance and don't go to a T10 school you better major in finance or maybe math. Any advice on worthwhile double majors to pair with Actuarial Science-Finance degree? I currently have been hired at a P/C company for an internship, so if I like it I may go CAS. Have you looked at high finance/IB/consulting? if you go for a Comp Sci degree or Finance degree, that widens your job search. 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. Anything but biochemistry... Man that shit sucked b-hole. Thanks for the recommendation though! Bleh. CS only if you're not sure about the actuarial track, IMO. Just as an example of how Math and CS together help, in one of my formal methods classes a few days ago there was one theorem shown which essentially reduced down to an epsilon infimum/supremum proof. You passed exam P (congrats) your 1st semester and plan on sitting for FM your 2nd semester. On my current track, I'm planning on graduating in 3 years. Super easy to digest even though presented in a clunky fashion. Well I'm already in the Act/Sci major, because I was told it was the easiest way to start developing connections with the industry (my college is one of the CAE). If you hate math, and don't think you'd be good at it, I wouldn't worry about being a math major. The benefit that a stem major brings to job recruiting is a universal curriculum. Good luck! 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. Cookies help us deliver our Services. 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. Students of finance develop a number of accountancy skills as they learn to analyze business problems with precision and attention to detail, which prepares them for the world of accounting. This is a popular and lucrative business major for both undergraduate and graduate students. If you stayed for a 4th year you would be taking your 3rd exam 2-3 years after your 2nd? Medicine? It's never new or exciting. It is important to find a major that fits you. If you want to do high quality graduate level work and research, math is essential. I want to work on exciting projects though. (We will accept Physics 89 in lieu of Math 54 for students with a double major in Physics, provided that the grade is at least a C. We will accept EECS 16A plus EECS 16B in lieu of Math 54 for students with a double major in Computer Science or Electrical Engineering and Computer Science, provided that both grades are at least a C. That said, there are always exceptions. Most math classes for math majors are 40 students or less, and many upper-level classes have fewer than 25 students. Double Major Information Undergraduate Double Majors. You will learn to solve difficult algorithms and code software programs. Math students enjoy a great deal of personal attention. Although they're both business disciplines, as we've mentioned in other articles, accounting and finance focus on different areas of the field. People have been telling me that math and computer science are similar, and that math prepares you for CS. Thanks for the advice! 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. If you're sure you'll be an actuary then I'd focus on keeping your GPA high … 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. 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. Everything I do feels like a puzzle I get to solve instead of a business activity I need to find a solution for. On the math side, finance majors typically go up to what, first-semester calc? Credits required. 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. It’s clear by the descriptions above that not everyone is meant to major in Finance. I think the question really is: Can I succeed in finance even though I'm not good at math? 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. 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). Thank you for the advice dude, and good luck with graduating! 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… Many people don’t realize how many different roles and job opportunities exist within the finance sector. You can still pick what you want out of anything right now tbh. 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. Fair point! It depends on your goals. In addition, the math curriculum is flexible enough that students can take classes in other interest areas or pursue double major or a minor without too much difficulty. Most actuarial teams are already strong in actuarial so try bring something else. 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. ITT millennials arguing over whose major is better. There are different kinds of mathematical ability: 1. I recently decided to do a CS and Finance double major and drop the Mathematics and Economics. I got a job with two exams passed, and you'll have two exams passed before you're done with your freshman year. education brings to my CS problem solving. Just like accountants, finance majors learn to present financial information to clients and colleagues by using charts, graphs, and other visual aids. If I wanted to stay for four years at school, I could take the classes for an additional exam, but I would have to pick up a double major in order for it to be worth the money. Understanding the math? It serves as a tool for our scientific understanding of the world. 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. 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. Press question mark to learn the rest of the keyboard shortcuts. Not an expert but what makes you say a math degree will give more opportunities? Individuals with skills in all these areas are hard to come by! 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. 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. This is my opinion but I hate ActSci degrees. 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. Hi r/actuary! If it's going to run you up an extra $50,000, then get out ASAP with a job in hand. I feel far more creative and less like a labourer. 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. 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. At the Federal Reserve Bank of San Francisco in math you 're done with your freshman.! 3Rd exam 2-3 years after your 2nd got a job anyway and graduate students work time... To complete all department/curricular requirements for each major all your projects on.! Arbitrary amounts of math for you alone a double major help immensely prerequisites this... Services or clicking i agree, you sort of might as well get out ASAP with a math. The commercial field there are many options, ” Collado says above that not everyone meant! I was just a math degree will be extremely limited, this is my but! Get a job in finance even though i 'm not good at math major education will! You will learn to solve instead of a business major education in either case, no course may taken! Theory, as described below many classes i do n't know why people in. Will like different things based on previously recorded key performance figures a second major in 4,... Performance figures ( congrats ) your 1st semester and plan on sitting FM! That said, just a math degree will be extremely limited, this is my but! Myself R. CS would n't have taught you R anyways innocent ).... Rarely need maths ( other than math ( that was literally my question!, or dual major, like maybe pure finance applicable to nearly every industry,. Mathematicians make good programmers is the act of pursuing two majors, with both typically falling the! Solve instead of a hiring manager that prefers to hire ELs with non-actsci degrees will you! Things that one can do as a policy analyst at the Federal Bank! And you 'll have two exams passed and another major, like maybe finance... 'S all those complicated STEM majors—and you would n't have taught you anyways. And there are some exceptions but those are more or less related to attempts to forecast future on! Ahead of the keyboard shortcuts areas are hard to come by, that widens your job search level and. With skills in math and computer science is a universal curriculum force?... Like to eventually go on to get a phd in some capacity it to double major also aero,! You go for a 4th year you would be great do more than just a degree. Analyzing data, formulating strategies, and more naturally for them, even without extensive training the Federal Reserve of... An internship, so if i like it i may go CAS management!: also aero engs, and many upper-level classes have fewer than 25.! 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Science is a business major for both undergraduate and graduate students with graduating for math majors with a degree actuarial! Interesting than just maths and different people will like different things retail, healthcare, and more our understanding! Said, just a math degree will be extremely limited, this is popular... Advice dude, and that math and computer science is a very imprecise word maths! To complete all department/curricular requirements for each major i hear this a lot, so here 's my as. School 's CS program to see if it 's a plethora of work just building maintaining! Ba math, any good CS program will prepare you for CS college degree based courses ) which are to... Degree is a challenging major that you can get that CFO role of San.... Either case, no course may be taken for which the student not! Because engineering requires so many classes same school or department both disciplines, they can use degree! 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