Hi. I'm currently a sophomore at The University of Chicago. I'm for sure majoring in econ. I'm thinking about becoming an actuary if ibanking and S&T doesn't work out. In this case, would having a stat minor be helpful?
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In this case, yes, it would. Actuarial firms want to be sure you have a solid background in math, so I would say you need at least a minor. It would also be helpful for banking and S&T as both of those fields like people who are comfortable with numbers, so there isn't too much downside if you're willing to put in the work.
Yes...Stat will also help for IBD and S&T as a differentiating factor
Let's say I'm an econ major with no minors. As long as I have 2+ exams passed by graduation, should I be golden?
You're not creating more work for yourself, if actuary is a potential goal. My opinion is a minor wouldn't be good enough - you'd need the major. Remember, there are guys doing degrees in Actuarial Science - you have to beat them (which you probably wouldn't do with just a stats minor).
I agree stats is solid to pursue given its flexibility on the street and in any workplace; however, if you're considering actuary I'd suggest going the applied math or actuarial science route for a more secure shot.
Whatever you choose, sounds like you're on a good path and wish the best of luck [or skill].
Fuck plan Bs man. High finance or bust.
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