Looking for comparative feedback. OOS from NY. We’ve been to UGA, and will get to Bama, but not sure we’ll get to both Florida schools. Costs are comparable, majoring in Accounting or Actuarial Studies. Would appreciate thoughts on choice, advantages/disadvantages to consider since schools are similar in size & culture (to my understanding).
Big difference between accounting and actuarial.
Actuarial is typically in the math department.
Of the four, only FSU has a major. It appears UF and Bama have minors and UGA a certificate.
So if you want the major, go to FSU.
Otherwise, read up on the subject at each and ensure you can qualify for the education you want.
Also, check on direct admit vs not for business. UGA, for example, is not direct admit.
That’s another thing to research. It may impact your decision.
Not sure, knowing the merit levels how costs can be comparable. You may want to revisit that statement.
Good luck.
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I see that FSU also has masters program in actuarial science, according to Universities & Colleges with Actuarial Programs (UCAP) | SOA
While the others do not.
I know successful actuaries with degrees in applied math-- and one with a mechanical engineering BS… so I don’t think majoring specifically in actuarial studies is a requirement IF your kid continues to be interested in becoming an actuary and is willing to self-study. But actuary and accountant are very different career paths as pointed out above.
How much does your kid know about each field? I’d start there. A lot of “I want to be an actuary” stories end by sophomore year!!!
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Actuarial is typically in the math department.
The Actuarial exams are more like CFA/CPA exams after the great neutering. Most of the conceptually difficult mathematical concepts like stochastic calculus and Markov Chains have been eliminated in recent years.
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