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Actuarial Science provides the foundation for improving financial decision making by developing models to evaluate the current financial implications of uncertain future events. Actuaries have been called financial architects and social mathematicians because of their combination of analytical and business skills, which are used to address a growing variety of financial and social challenges worldwide. Actuaries specialize in corporate finance, investments, banking, insurance or real estate.

Marketable Skills

  • Written and oral communication and presentation skills
  • Analytical thinking
  • Interpersonal relations and teamwork
  • Technological skills including SAS, R, Excel
  • Statistical modeling

Careers

  • Actuaries
  • Actuarial Analyst
  • Actuarial Software Developer
  • Insurance Underwriters
  • Risk Manager

Department of Management Science & StatisticsUndergraduate StudiesDegree Requirements

Types of Coursework

  • Applied Regression Analysis
  • Business Analytics
  • Calculus
  • Introduction to Programming and Data Management in SAS
  • Introduction to Risk Management
  • Mathematical Statistics
  • Time Series Analysis

Jobs by Industry

Insurance Agencies

60%

Consulting

20%

Brokerage Firms

18%

Government

2%

Median Salary For Actuarial Science Graduates: $100,000