<p>Are the programs in actuarial and financial mathematics distinct, or are they a part of the same program (there was some ambiguity on the math department's website)? </p>
<p>Also, is it mandatory to choose at least two sub-concentrations within the math department, or is one enough?</p>
<p>You only choose one.</p>
<p>They are similar but distinct programs. The prerequisites and basic courses are the same but there are 4 courses at the end that are different. You also do not have to pick two sub-concentrations within the Math department. I am only part of the actuarial mathematics program and a lot of the other actuarial math majors I know have only that sub-concentration within the math department.</p>
<p>Thank you for the reply. I’m planning to major in actuarial mathematics, and have a couple of questions about the program.</p>
<p>1) Do the actuarial mathematics courses provide sufficient preparation for the actuarial exams, or would a significant amount of study be required outside of the coursework to pass actuarial exams?</p>
<p>2) How many exams would the typical actuarial mathematics student have passed by graduation?</p>
<p>3) Do actuarial mathematics students have a hard time finding internships?</p>
<p>4) Would a minor in Computer Science be a major asset to an actuarial mathematics major?</p>
<p>5) (Not really relevant to actuarial mathematics) What are some of the most popular sub-concentrations within applied mathematics at UMich?</p>