Those degrees mean something because most who study mathematics have a better understanding of numbers and laws of physics. Most actuators have a masters in mathematics and are usually paid big $$ for the amount of numbers they have to process for companies or firms. Insurance companies for example, would want someone with a mathematics degree rather than someone who is just certified to handle risk calculations.
The M in STEM means mathematics.
Those degrees mean something because most who study mathematics have a better understanding of numbers and laws of physics. Most actuators have a masters in mathematics and are usually paid big $$ for the amount of numbers they have to process for companies or firms. Insurance companies for example, would want someone with a mathematics degree rather than someone who is just certified to handle risk calculations.