Program Overview
The Actuarial Science program provides a solid mathematical and statistical foundation for careers in risk assessment and management. Students develop analytical skills through coursework in calculus, linear algebra, economics, finance, and actuarial mathematics. The program prepares graduates for careers in insurance companies, actuarial consulting firms, and other organizations where they can apply their knowledge to design and manage insurance and pension plans.
Program Outline
Degree Overview:
Overview:
Actuarial science is the mathematical and statistical foundation for designing, financing, and managing insurance plans, pension plans, and benefit plans. Actuaries work in life and health insurance, property and casualty insurance, and public and private pension and benefit plans.
Objectives:
- Develop and refine analytical skills for risk assessment and management careers.
Outline:
Content and Structure:
- Calculus
- Linear algebra
- Economics
- Finance
- Accounting
- Probability
- Statistics
- Actuarial mathematics
Careers:
Potential Career Paths:
- Insurance companies
- Actuarial consulting firms
- Employee benefit consulting firms
- Accounting firms
- Corporations
- Government agencies
Opportunities and Outcomes:
- Career advancement through passing actuarial exams
- Typical starting salaries range from $50,000 to $65,000 annually
