Actuarial Science Major

The actuarial science program provides students with the opportunity to develop strong analytical skills and a firm background in business knowledge. Actuaries manage risk in in a variety of settings such as insurance, financial services, private corporations, transportation, energy, environmental agencies and government institutions. Note that a grade of B- or higher must be earned in ECO 201 , ECO 202 , BUS 201 , BUS 316 , and MTH 441  to earn Validation by Educational Experience credit from the Society of Actuaries in Economics, Accounting and Finance, and Mathematical Statistics.

Actuarial Science Learning Outcomes

With the completion of this degree program, the following learning outcomes can be expected:

• Mathematical Competence: Students will be able to demonstrate a strong understanding of mathematical concepts, including calculus, probability theory, statistics, and mathematical modeling.
• Professional Preparation: Students will be able to demonstrate a knowledge of the actuarial credentialing process, engage in a cooperative education experience, and complete coursework satisfying requirements for Validation By Educational Experience (VEE) credentials for Accounting and Finance, Mathematics, and Mathematical Statistics.
• Communication: Students will be able to communicate complex ideas and findings to technical and non-technical audiences in writing and through oral presentations.
• Data Analysis: Students will be able to use data analysis and data manipulation techniques, including the use of software such as Excel, R, or Python.
• Problem-Solving Skills: Students will be able to apply their mathematical and analytical skills to solve real-world problems related to risk and finance.