Future development direction of mathematics specialty

In fact, financial mathematics strictly includes actuaries. Actuaries are mainly financial actuaries and insurance actuaries. The former mainly calculates bank interest and bank reserve.

The latter mainly calculates insurance odds and insurance reserves. You need to pass the exam of 17 to get the certificate of quasi-actuary, including the professional courses you have studied such as mathematical analysis, advanced algebra and mathematical statistics, as well as economics, finance, life science and management. After getting a quasi-actuary, you need an internationally recognized actuary to take you to the actuarial certificate. Now most of China are quasi-actuaries.

The starting salary in actuarial industry is good. I just graduated with a monthly salary of about 5,000 yuan. Of course, I am a master, because there is no such major in undergraduate courses. In addition to actuarial science, financial mathematics is probably financial analysis, such as stock option prices and financial trends. Many people who get the highest salary on Wall Street are math majors, but being strong in financial mathematics does not mean that you are strong, just as being in the top 30 of our school's math department does not mean that I must be good, your interest is very important, and your efforts and study.