<p>Hey guys,</p>
<p>I'm a Canadian kid looking for some Math major advice. I want to evantually work in a field with lots of quantitative research field, so I've basically narrowed my choices to statistics and actuarial science. The catch is, I'm having a bit of a dilemma between which of the two to choose (thank god my local university has a specialized program in both). From what I've seen so far, statistics is more of a "traditional" major while act sci is more of a "trending" one. </p>
<p>Do you guys have anything that you want me to consider? Employability/type of work/etc?</p>
<p>Thanks so much. :)</p>
<p><a href=“Home”>500 - Internal Server; may help you on preparing for actuarial work in Canada.</p>
<p><a href=“http://www.beanactuary.com”>http://www.beanactuary.com</a> if you are interested in working in the US.</p>
<p>The actuarial science track will be less flexible than the statistics track. The act sci major will move you more towards analyzing risks for insurance companies, pension plans, and even government programs. There is also risk analysis in big cpa firms. Statistics, on the other hand, will offer more diverse possibilities in that it can lead you to filed such as marketing research, operation research, and also actuarial science to name a couple.</p>
<p>As far as getting a job, the surveys I have seen put unemployment for actuarial science majors at essentially zero which is not the case with stat majors. Also, actuaries have higher starting salaries. </p>