<p>in context of Baruch College...it is offered by the math department (separate school), and since it is unpopular, with only like a dozen graduates a year, and is not part of the business school of Baruch (which it is known for, if anything), would choosing this major be a bad idea even though it is a business major? As far as I know, those in this major still take classes in the business school</p>
<p>would I be at a disadvantage? can anyone who goes to Baruch and who knows anything about the actuarial sci program there fill me in?</p>
<p>I do not go to Baruch however I am quite familiar with the actuarial science degree and I can tell you one thing right away: it is most definitely NOT a “business major”. </p>
<p>An actuarial science degree is best described as an applied mathematics degree that focuses heavily on statistics, probability, stochastic processes, mathematical modelling, calculus and other advanced mathematics. The exams required to become a certified actuary are some of the TOUGHEST professional examinations you can possibly take and require several years of rigorous post-graduation studies. The reason why there are so few graduates is because the program is very demanding and requires an above-average aptitude for university level mathematics. In other words, it’s a hard, no bull-**** major.</p>
<p>Although actuaries are found working in the insurance and finance industries, where business majors can be found, believe me, the actuaries are doing completely different types of work.</p>
<p>Contrary to your concern, if you obtain an actuarial science degree you will actually be at an advantage precisely because it is so difficult to obtain; it would be a testament to your intelligence and discipline. Actuaries are highly sought after because of their ability to quantify and manage financial risk- and their high salaries reflect this as well.</p>