<p>I have a few questions regarding UMich's Actuarial/financial mathematics program:
1) Are the student really competitive?
2) Is it a popular major?
3) What kind of jobs do grads get? </p>
<p>Thanks for helping!</p>
<p>Anyone know anything about the program?</p>
<p>Well it's mainly for becoming an actuary as it implies. Calculating risk for an insurance company is an example. But with the quantitative skills you get from it, I would guess that you can get a job in any financial institution, assuming you do well. You'll need a lot of math/probability background. I also think stats courses are part of the program. </p>
<p>I doubt it's a popular major. Most people who major in math do so for its theoretical side. </p>
<p>You might want to go to the B school instead. In some cases it's better. But if you want a more math intensive field, the actuarial program would fit the bill. The B school is not nearly as quantitative as an actual math major. B school students don't really go for financial jobs that require that much math.</p>