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What should I major in?

1Devilsadvocate
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1/27/2013 11:16:37 PM
Posted: 3 years ago
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
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darkkermit
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1/27/2013 11:56:02 PM
Posted: 3 years ago
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.
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YYW
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1/28/2013 12:05:15 AM
Posted: 3 years ago
At 1/27/2013 11:16:37 PM, 1Devilsadvocate wrote:
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.

Math Ph.D.'s are in high demand right now, and you could start at the NSA at around 80,000 USD. Of course, you'd have to get your undergraduate degree first, but it's something to consider.
16kadams
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1/28/2013 12:15:39 AM
Posted: 3 years ago
Statistics
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LatentDebater
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1/28/2013 1:23:32 AM
Posted: 3 years ago
Going by your name I'd say law.
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1Devilsadvocate
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1/28/2013 1:49:06 AM
Posted: 3 years ago
At 1/27/2013 11:56:02 PM, darkkermit wrote:
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.

Your probably right, but I think I may have a bit more of a chance than most.

Both sets of my grandparents are self made millionaires.

My great Aunt & Uncle, are self made millionaires, they started as poor immigrants.

My fathers brother is a millionaire, though that's largely due to the business his wife built up.

& 1 of my cousins is a self made millionaire, now retired in his 40's.
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
"Albert Einstein

http://www.twainquotes.com... , http://thewritecorner.wordpress.com... , http://www.onlinecollegecourses.com...
1Devilsadvocate
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1/28/2013 1:55:42 AM
Posted: 3 years ago
At 1/28/2013 12:05:15 AM, YYW wrote:
At 1/27/2013 11:16:37 PM, 1Devilsadvocate wrote:
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.

Math Ph.D.'s are in high demand right now, and you could start at the NSA at around 80,000 USD. Of course, you'd have to get your undergraduate degree first, but it's something to consider.

This is definitly somthing to think about.

Where do you find such information?
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
"Albert Einstein

http://www.twainquotes.com... , http://thewritecorner.wordpress.com... , http://www.onlinecollegecourses.com...
1Devilsadvocate
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1/28/2013 1:56:37 AM
Posted: 3 years ago
At 1/28/2013 12:15:39 AM, 16kadams wrote:
Statistics

Can you elaborate? (I.E. why statistics?)
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
"Albert Einstein

http://www.twainquotes.com... , http://thewritecorner.wordpress.com... , http://www.onlinecollegecourses.com...
1Devilsadvocate
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1/28/2013 2:01:15 AM
Posted: 3 years ago
At 1/28/2013 1:23:32 AM, LatentDebater wrote:
Going by your name I'd say law.

LOL.
I'd love to do law, but it seems the field is flooded.
I have cousins who graduated from Harvard law & other ivy league schools, & had trouble finding a good paying job.
So I don't think that's a safe route for now.

I've heard that combining a law degree with accounting degree, is very good, so that's an option.
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
"Albert Einstein

http://www.twainquotes.com... , http://thewritecorner.wordpress.com... , http://www.onlinecollegecourses.com...
OhioGary
Posts: 68
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1/28/2013 8:03:43 AM
Posted: 3 years ago
At 1/27/2013 11:16:37 PM, 1Devilsadvocate wrote:
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.

I would consider Accounting and become a CPA. I started out in Finance and could not get any jobs in Finance as they were given to either the Accounting majors (if the job was an analyst position) or to the Marketing majors (if the job was more along the lines of selling financial products.) If you like Math and numbers, there are more practical opportunities upon graduation.

Becoming an Actuary is a noteworthy goal, but there are not a lot of opportunities. It's great work if you can get it, but you don't want to find yourself with a great skill and no one willing to pay for it.
"There ain't no good guy. There ain't no bad guy. There's only you & me & we just diasgree."
bossyburrito
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1/28/2013 8:36:16 AM
Posted: 3 years ago
Are you passionate about math?
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R0b1Billion
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1/28/2013 9:09:27 AM
Posted: 3 years ago
My administrative law professor says "if you want the best chance to get into law school, major in egyptology."
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Wallstreetatheist
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1/28/2013 9:55:50 AM
Posted: 3 years ago
At 1/28/2013 8:36:16 AM, bossyburrito wrote:
Are you passionate about math?

I agree with this question (lol?). If you pursue what you are most passionate about, your success in that field will reflect your passion. Joining a major or career path merely because the average starting salary for a graduate is higher than major/career X is the wrong way to think about the problem and will most likely result in your unhappiness. Do what you're passionate about, but approach college with a zest for life and seek opportunities that will propel you to the top. I recommend purchasing this book and reading it at least once before entering college: How to Win at College [http://www.amazon.com...]. Good luck!
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Mirza
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1/28/2013 10:31:43 AM
Posted: 3 years ago
Maybe something related to business management. Starting your own business can bring the millions.

Math does not come with much stress or money if you're a professor -- You should pursue engineering. Germany needs a massive amount of engineers, and it's highly likely other countries will too, once they get more ahead in industry. Engineering pays a lot, and think of the good thing you'll get to work with in the future.
YYW
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1/28/2013 10:54:34 AM
Posted: 3 years ago
At 1/28/2013 1:55:42 AM, 1Devilsadvocate wrote:
At 1/28/2013 12:05:15 AM, YYW wrote:
At 1/27/2013 11:16:37 PM, 1Devilsadvocate wrote:
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.

Math Ph.D.'s are in high demand right now, and you could start at the NSA at around 80,000 USD. Of course, you'd have to get your undergraduate degree first, but it's something to consider.

This is definitly somthing to think about.

Where do you find such information?

I read that in an article in a science journal that I can't seem to find online, actually. Oops!
1Percenter
Posts: 781
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1/28/2013 12:20:23 PM
Posted: 3 years ago
At 1/28/2013 10:31:43 AM, Mirza wrote:
Maybe something related to business management. Starting your own business can bring the millions.

Math does not come with much stress or money if you're a professor -- You should pursue engineering. Germany needs a massive amount of engineers, and it's highly likely other countries will too, once they get more ahead in industry. Engineering pays a lot, and think of the good thing you'll get to work with in the future.

this. Except there is massive demand for engineers right here in America too. If you're as good at math as you say you are, I strongly recommend engineering, specifically Electrical Engineering. Its mostly math, but you learn how to apply it and solve actual problems with it. Very challenging yet very rewarding.

If it's high pay you're after, find a school to study petroleum engineering. They make bank.
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darkkermit
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1/28/2013 1:02:13 PM
Posted: 3 years ago
At 1/28/2013 1:49:06 AM, 1Devilsadvocate wrote:
At 1/27/2013 11:56:02 PM, darkkermit wrote:
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.

Your probably right, but I think I may have a bit more of a chance than most.

Both sets of my grandparents are self made millionaires.

My great Aunt & Uncle, are self made millionaires, they started as poor immigrants.

My fathers brother is a millionaire, though that's largely due to the business his wife built up.

& 1 of my cousins is a self made millionaire, now retired in his 40's.

are they multimillionaire's or just millionaire? If one saves/invests quite a bit and uses his/her money to buy wealth rather then perishable goods (ex: an expensive house) then one can become a millionaire just from a regular salary.

The greater the risk, the greater the reward. But then there's the greater chance you'll fail as well.
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bossyburrito
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1/28/2013 1:03:15 PM
Posted: 3 years ago
At 1/28/2013 1:02:13 PM, darkkermit wrote:
At 1/28/2013 1:49:06 AM, 1Devilsadvocate wrote:
At 1/27/2013 11:56:02 PM, darkkermit wrote:
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.

Your probably right, but I think I may have a bit more of a chance than most.

Both sets of my grandparents are self made millionaires.

My great Aunt & Uncle, are self made millionaires, they started as poor immigrants.

My fathers brother is a millionaire, though that's largely due to the business his wife built up.

& 1 of my cousins is a self made millionaire, now retired in his 40's.

are they multimillionaire's or just millionaire? If one saves/invests quite a bit and uses his/her money to buy wealth rather then perishable goods (ex: an expensive house) then one can become a millionaire just from a regular salary.

The greater the risk, the greater the reward. But then there's the greater chance you'll fail as well.

That's what risk means...
#UnbanTheMadman

"Some will sell their dreams for small desires
Or lose the race to rats
Get caught in ticking traps
And start to dream of somewhere
To relax their restless flight
Somewhere out of a memory of lighted streets on quiet nights..."

~ Rush
darkkermit
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1/28/2013 1:17:12 PM
Posted: 3 years ago
At 1/28/2013 1:03:15 PM, bossyburrito wrote:
At 1/28/2013 1:02:13 PM, darkkermit wrote:
At 1/28/2013 1:49:06 AM, 1Devilsadvocate wrote:
At 1/27/2013 11:56:02 PM, darkkermit wrote:
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.

Your probably right, but I think I may have a bit more of a chance than most.

Both sets of my grandparents are self made millionaires.

My great Aunt & Uncle, are self made millionaires, they started as poor immigrants.

My fathers brother is a millionaire, though that's largely due to the business his wife built up.

& 1 of my cousins is a self made millionaire, now retired in his 40's.

are they multimillionaire's or just millionaire? If one saves/invests quite a bit and uses his/her money to buy wealth rather then perishable goods (ex: an expensive house) then one can become a millionaire just from a regular salary.

The greater the risk, the greater the reward. But then there's the greater chance you'll fail as well.

That's what risk means...

yes, but the saying "the greater the risk, the greater the reward" seems to ignore that it creates high rates of failure as well.
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1Devilsadvocate
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1/28/2013 11:09:33 PM
Posted: 3 years ago
At 1/28/2013 8:36:16 AM, bossyburrito wrote:
Are you passionate about math?

Yes.
I cannot write in English, because of the treacherous spelling. When I am reading, I only hear it and am unable to remember what the written word looks like."
"Albert Einstein

http://www.twainquotes.com... , http://thewritecorner.wordpress.com... , http://www.onlinecollegecourses.com...
tvellalott
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1/28/2013 11:36:12 PM
Posted: 3 years ago
You should major in P-A-R-T-Y-I-N-G!
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YYW
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1/29/2013 12:14:10 AM
Posted: 3 years ago
At 1/28/2013 11:36:12 PM, tvellalott wrote:
You should major in P-A-R-T-Y-I-N-G!

There are too many that choose that already.
OllerupMand
Posts: 375
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1/29/2013 2:10:31 AM
Posted: 3 years ago
I have a major in math, minor in statistics and took a few courses of economics and if you put any thoughts into how you build your math degree then it is hard to earn less than 70.000$ no matter where in the world you are.

Some basic advices for getting a good math degree is:
Minor in statistics (It give you a lot of tools that you can use in other parts of maths and sooooo many jobs becomes avaible to you.)
Minor in economics (many jobs opens up, but most of them would preffere you with a minor in statistics)
Focus your major on algebra (Because algebra goes hand in hand with IT. Cryptologi is basical fancy algebra)
Focus your major on differential equations (Stress, heat, speed, economics, statistics. Everything use differential equations)
Focus your major on geometry (Includes lots of differential equations and it seems that in the future cryptologi is just going to be fancy geometry)

Now when that is said math jobs are BORING. Actuary is one of the funnier jobs, but in general math jobs crush your spirit and drain your soul. I know quit a number of mathmaticians and most of them. . . . . Well lets just say that I used my huge paycheck to get re-educated into a teacher so I could earn less money, but have more fun.

Also your proberly not going to become a selfmade multi-millionaire as a math major, because math is in many ways just a tool for other proffesions. You may make the worlds greatest algorythm that will alow your computer computer to see longer into the future and with better acuarracy than any other! But it will be a programmer who optimizes and implaments it -.-' that makes it very hard for math majors to strike out on their own and that is very much what you need to do if you want to become a multi-millionaire.

So math major = Boring, but stable high paying jobs
WW
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1/29/2013 3:07:09 PM
Posted: 3 years ago
I'll major in Electrical Engineering.

It's a high paying, mathematical career.
3raser
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1/29/2013 4:33:44 PM
Posted: 3 years ago
At 1/28/2013 1:49:06 AM, 1Devilsadvocate wrote:
At 1/27/2013 11:56:02 PM, darkkermit wrote:
You are very very unlikely to become a multi-millionaire. I doubt that there's a huge pay range for actuaries but its good money.

Your probably right, but I think I may have a bit more of a chance than most.

Both sets of my grandparents are self made millionaires.

My great Aunt & Uncle, are self made millionaires, they started as poor immigrants.

My fathers brother is a millionaire, though that's largely due to the business his wife built up.

& 1 of my cousins is a self made millionaire, now retired in his 40's.

Haha are you serious?!

I swear, if my family was that loaded, i would quit college this instant.

I suggest you start your own business. You got the capital. All you gotta do is invest.
FREEDO
Posts: 21,057
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1/29/2013 8:16:27 PM
Posted: 3 years ago
Here are majors by their employment rate and income:
http://graphicsweb.wsj.com...

I'd suggest narrowing your search to those with the best average there. And then picking the one that most interests you. And then pick a minor that compliments it.

There are six majors with 0% employment rates:
ACTUARIAL SCIENCE
PHARMACOLOGY
EDUCATIONAL ADMINISTRATION AND SUPERVISION
SCHOOL STUDENT COUNSELING
GEOLOGICAL AND GEOPHYSICAL ENGINEERING
ASTRONOMY AND ASTROPHYSICS

There are three majors who's median income is over $100,000 per year:
PETROLEUM ENGINEERING
PHARMACY PHARMACEUTICAL SCIENCES AND ADMINISTRATION
MINING AND MINERAL ENGINEERING

So it seems combining "Pharmacology" with "Pharmaceutical Science and Administration" is your easiest win.

But you may not be interested. Personally, I'm not interested at all.

I'm going with Economics and Psychology. Hopefully a double major.

Astronomy and Astrophysics is probably the second best bet. I considered it. It does sound very fun.
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1Percenter
Posts: 781
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1/29/2013 11:05:47 PM
Posted: 3 years ago
At 1/29/2013 3:07:09 PM, WW wrote:
I'll major in Electrical Engineering.

It's a high paying, mathematical career.

Smart choice.
UndeniableReality
Posts: 1,897
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1/14/2015 10:59:06 AM
Posted: 1 year ago
At 1/29/2013 2:10:31 AM, OllerupMand wrote:
I have a major in math, minor in statistics and took a few courses of economics and if you put any thoughts into how you build your math degree then it is hard to earn less than 70.000$ no matter where in the world you are.

Some basic advices for getting a good math degree is:
Minor in statistics (It give you a lot of tools that you can use in other parts of maths and sooooo many jobs becomes avaible to you.)
Minor in economics (many jobs opens up, but most of them would preffere you with a minor in statistics)
Focus your major on algebra (Because algebra goes hand in hand with IT. Cryptologi is basical fancy algebra)
Focus your major on differential equations (Stress, heat, speed, economics, statistics. Everything use differential equations)
Focus your major on geometry (Includes lots of differential equations and it seems that in the future cryptologi is just going to be fancy geometry)

Now when that is said math jobs are BORING. Actuary is one of the funnier jobs, but in general math jobs crush your spirit and drain your soul. I know quit a number of mathmaticians and most of them. . . . . Well lets just say that I used my huge paycheck to get re-educated into a teacher so I could earn less money, but have more fun.

Also your proberly not going to become a selfmade multi-millionaire as a math major, because math is in many ways just a tool for other proffesions. You may make the worlds greatest algorythm that will alow your computer computer to see longer into the future and with better acuarracy than any other! But it will be a programmer who optimizes and implaments it -.-' that makes it very hard for math majors to strike out on their own and that is very much what you need to do if you want to become a multi-millionaire.

So math major = Boring, but stable high paying jobs

I'm surprised to hear you say that. A lot of math majors don't realize their own potential and end up doing boring jobs in finance, etc. Do you realize that a degree in math makes you a top candidate for a graduate program in almost any field of science?
Wylted
Posts: 21,167
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1/14/2015 1:17:23 PM
Posted: 1 year ago
At 1/27/2013 11:16:37 PM, 1Devilsadvocate wrote:
People say I'm good at math (probably cause I got a 5 in AP calc).
& I like math.
So right now I'm thinking Major in actuarial math, Minor in finance.

They make pretty good money, but can you make it big (like mufti-millionaire) as an actuary?

What are some other good options?

I guess I'm just looking for advice in general about what to major in, & how to go about finding the right one.

All helpful comments appreciated.
Thanx.

Do what though wilt.