What is a quantitative major, what does it mean?

Question

regarding jobs for an actuary.

Answer 1

If you're asking what majors would be beneficial for someone that wants to be an actuary, then two good possibilities stand out: business and statistics. Assuming you can't find a university with an actuarial sciences major (that would likely combine math, statistics, business and other classes), then you want to take as many quantitative classes as you can find in all fields.

Most actuaries work for businesses so a fundamental understanding of business is always a good thing (major or minor). Quantitative majors in business include accounting, finance, and economics (and some highly specialized degrees like marketing research and management science are also quantitative).

Proficiency with statistics is also a basic requirement for most actuarial positions. Actuaries deal with risk and statistics is the field that allows us to quantify probability (risk). Classes in probability theory, univariate and multivariate statistical techniques, calculus, and linear algebra would all enhance your quantitative skills.

Answer 2

Quantitative Discipline

Answer 3

Any degree that requires advanced math courses (beyond Calculus) as part of the core curriculum. For instance, mathematics, engineering, computer science majors.