Department of Mathematics and Philosophy

Bachelor of Science - Mathematics

Actuarial Science Option

Actuarial science is the field of study related to the quantification of risk using math, probability and statistics. It is a popular choice among math-loving students looking for ways to use their skills after college.

Students are rigorously trained in mathematics and statistics, as well as in economics, accounting, and finance. The highly specialized skills are primarily used in the insurance industry to provide insurance companies with financial stability now and for future decades.

The Actuarial Science option features courses approved by the Society of Actuaries (SOA) that fulfill all three Validation by Educational Experience (VEE) credits. As students progress through our program, they have the opportunity to earn an SOA micro-credential in Pre-Actuarial Foundations, showcasing their significant strides towards attaining an Associate of Society of Actuaries (ASA) designation to prospective employers.

Actuary Careers
  • Get paid to use math, probability and statistics, and it will keep you thinking and problem solving every day.
  • The 2021 median pay is $105,900, and even more with experience.
  • The job is fairly low stress; actuarial science is consistently rated one of the best jobs, with unemployment as low as 1.4%.
  • Actuary jobs are expected to grow as much as 21% during 2021-2031.

Learn more about Actuaries at the U.S. Bureau of Labor Statistics.