Is a minor in statistics useful?

College Majors Science Majors
1

<p>Hi, I'm currently majoring in Actuarial Science and thinking about getting a minor in stat because:
1) I heard stat gives you more options for work so if I failed those actuarial exams, maybe i will have more options for other jobs?
2) Also if i failed those exams, i can go to grad school (i've always wanted to go to grad school) and get a MS in stat.</p>

<p>Or do you guys think a minor is not even useful in the future? </p>

<p>Thanks</p>

2

<p>Statisticians can get very good jobs, although it is a small field. A graduate degree is needed for most of them.</p>

<p>[url=<a href=“http://www.bls.gov/oco/ocos045.htm]Statisticians[/url”>http://www.bls.gov/oco/ocos045.htm]Statisticians[/url</a>]</p>

3

<p>Dude, for Penn State actuarial science, all you need is one additional Stat 480 course (1 credit) for the Stat minor</p>

<p>this is assuming you take Stat 462 and Stat 463 for your VEE credits (which count towards the Stat minor as well)</p>

<p>You do know what VEE credits are, right?</p>

4

<p>yeah. but i dont go to penn state, i go to UIUC. </p>

<p>So minor is not really useful?</p>

5

<p>Since actuarial science already entails quite a bit of statistics, a minor in statistics would probably not add much to your experience, although it might add to your resume. You can certainly go to graduate school in statistics without a minor in the subject.</p>

6

<p>Oh my bad LOL, I thought I remembered you saying before you went to Penn STate</p>

<p>but either way, how many additional credits do you have to take on top of the Stat classes for VEE credits?</p>

7

<p>UIUC’s act sci program already includes some econ, finance, and stat classes for VEE credits. so i need to take like 4-6 more stat classes for a stat minor.</p>

8

<p>You should actually be able to get an applied stats minor with a single additional course (stat 200 or 212). The other requirements are identical:</p>

<p>Math 415
Stat 400 = Math 408 + 409
Stat 420 = Math 469
Math 471</p>

<p>You can probably wiggle your way out of Stat 100 for the statistics minor because that’s a very basic intro to statistics course. After 408 + 409 you are overqualified for that.</p>