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Bachelors

Actuarial Studies Track

University of Colorado
Boulder , United States
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Program Details
Degree
Bachelors
Major
Actuarial Science | Applied Statistics | Mathematics
Area of study
Mathematics and Statistics
Course Language
English
About Program

Program Overview

Actuarial Studies Track

The Actuarial Studies Track is designed to help students obtain the mathematical, economical, and financial expertise necessary to become actuaries. Students are required to enroll and excel in the courses that will prepare them for the series of actuarial exams.


What Is an Actuary?

Actuaries are the chief professionals in the insurance industry, with approximately 20,000 nationwide working on insurance and pension plans for industry and government. Their job is to measure risks associated with events and the magnitude (costs) of those risks. Actuaries do this using high-level mathematics, probability, and statistics. In order to earn the designation of "actuary," you must pass a series of actuarial exams. Consequently, the supply of actuaries is limited.


Actuarial Societies

There are several Actuarial Societies throughout North America who coordinate actuarial examinations and serve the profession. Some major ones are:


  • Society of Actuaries
  • Casualty Actuarial Society
  • Canadian Institute of Actuaries/Institut canadien des actuaires

Advice From Our Alumni

Useful computer knowledge for the profession includes Excel, SAS, R, and Python. Coaching Actuaries is useful for studying for exams. The Technical Skills Course at The Infinite Actuary is recommended.


Actuarial Studies and Quantitative Finance Certificate Program

The Actuarial Studies and Quantitative Finance Certificate Program is offered by the College of Arts and Sciences. The program has two tracks: Actuarial Studies Track and Quantitative Finance Track.


Program Details

  • The program is extremely challenging, focusing on an extensive applied mathematics education.
  • Students who are contemplating joining the program should have both a strong interest and an exceptional talent in mathematics.
  • The program is designed to help students obtain the mathematical, economical, and financial expertise necessary to become actuaries.
  • Students are required to enroll and excel in the courses that will prepare them for the series of actuarial exams.
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