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Actuarial science majors learn to use tools from mathematics, statistics and finance to measure the impact of risk in order to improve forecasting and decision-making in business and government sector. Actuaries are required to pass a series of professional exams in order to become credentialed, and this degree program prepares students for these exams.
Actuarial Science (BS)
Liberal Arts & Sciences, The College of
A major map outlines the degree’s requirements for graduation.
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Risk is a part of daily life and wherever there is risk, there are opportunities for actuarial intervention. Many actuaries work with insurance companies to calculate premiums, determine reserves needed to ensure an organization's financial health and to ensure organizations conform to stringent, complex legal mandates. Others help companies to establish retirement plans or are employed as consultants. With a Bachelor of Science degree in actuarial science, students acquire skills that are transferable to any industry and any organization that requires risk modeling and management, including:
Students can also apply the advanced problem-solving skills learned in the actuarial science undergraduate program to a variety of other professional careers, including:
Students who complete this degree program may be prepared for the following careers. Advanced degrees or certifications may be required for academic or clinical positions. Career examples include but are not limited to:
|Business Intelligence Analysts||9.3%||$88,510|
|Claims Examiners, Property and Casualty Insurance||-1.4%||$64,900|
|Investment Fund Managers||8%||$105,610|
* Data obtained from the Occupational Information Network (O*NET) under sponsorship of the U.S. Department of Labor/Employment and Training Administration (USDOL/ETA).