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Beginning my journey

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  • Beginning my journey

    Hello all!

    I am new here and should likely be posting this in the introductory thread, but am taking my chances and am posting here.

    I am 22 years old, am married, and have 3 year old and 2 month old girls. I almost have my BS in math (finishing up this fall, with possibly only one class left in the spring) with a 3.3 gpa. I live in a small town with only one college available to me, thus the degree in math instead of statistics or actuarial science.

    After graduation, we hope to move near ISU as I want to work at the State Farm headquarters and am considering getting a BS in actuarial science, then a masters. From what I have read, this might not be necessary?

    I am also wondering what classes are useful for the P/1 exam. Is it based mostly on math? I have not had any finance, accounting, or economics classes, and am wondering if I should take some before attempting the first exam.

    Any advice is greatly appreciated!


  • #2
    For the P/1 exam statistics, probability, and calculus courses would be the most relevant for the exam. There isn't any finance, econ or accounting on this one.

    For the FM/2 exam finance classes are the most relevant. Between those 2 exams I can't think of any questions that you would need economics or accounting for.

    So to sum it up if you plan on taking P/1 stats/probability/calc are the classes you want to take.

    I have also read that getting a masters in actuarial science isn't really that necessary and most of the time the exams are more important.


    • #3
      Thank you for the input! I have had those math classes, so I think I will attempt P/1 much sooner than I had planned - which will get things rolling along sooner than I had expected possible.