Bachelor Programs in Actuarial Science

Compare Bachelor Programs in Actuarial Science

Actuarial Science

Determining probability can be complex, exciting, and highly rewarding, whether it is for insurance purposes or to meet another goal. Students who enjoy solving difficult statistical problems may benefit from obtaining a bachelor’s degree in actuarial science.

One of the first questions prospective students ask when they discover this degree is, What is a Bachelor in Actuarial Science? In this program, students will take a variety of different courses relating to statistics and mathematical applications that will prepare them to work in the actuarial field. However, students who wish to pursue this degree should ensure that they have a strong interest and foundation in math before enrolling in one of these programs.

One of the main benefits of obtaining a bachelor’s degree in actuarial science is that it prepares students to compete in the highly competitive workforce. Since good actuaries are in high demand, and there are many jobs available, graduates will find that with this degree, they will likely not have a difficult time securing a well-paid employment opportunity.

How much it costs to obtain a bachelor’s degree in actuarial science depends on a variety of different factors. These include the length of the program, the specific tuition rates of the chosen institution, and where the college is located. To justify this expense and ensure the institution’s program will complement their goals, students should thoroughly research the actuarial program of choice.

There are several different jobs available to students who graduate with a bachelor’s degree in actuarial science. For example, a graduate may be able to work as a security or a commodity broker, at an insurance company, in a government-related role, or in corporate or consulting services, specifically related to management and public relations.

Interested students should begin taking the necessary steps to enroll themselves in a program for actuarial science. To begin, search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.

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Actuarial Science

International University Alliance
Campus September 2017 USA Boston

The Actuarial Mathematics program offers a well-balanced curriculum in applied mathematics with advanced preparation for the actuarial profession. [+]

Bachelors in Actuarial Science. Actuarial Mathematics The Actuarial Mathematics program offers a well-balanced curriculum in applied mathematics with advanced preparation for the actuarial profession. It boasts a dedicated group of faculty experienced in passing actuarial exams offered by the professional societies and recognized by the insurance industry. Auburn University is accredited by the Society of Actuaries to offer courses to satisfy the Validation by Education Experience (VEE) requirements in Applied Statistical Methods, Corporate Finance, and Economics. What is an Actuary? Actuaries bring a complex future into focus by applying unique insight to risk and opportunity. Known for their comprehensive approach, actuaries enable smart, more confident decisions. Where do actuaries manage risk? At this time, the majority of actuaries work in careers that are associated with the insurance industry, though growing numbers work in other fields. They are heavily involved in insurance because that is society's most powerful answer for managing risk. We reduce our risk of financial loss by transferring it to an insurance company that accepts the risk for a price (which is the insurance premium). Actuaries play a key role in designing insurance plans, determining the premium, monitoring the profitability of insurance companies, and recommending corrective action when appropriate. Actuaries working in insurance companies also ensure that insurance companies have set aside enough funds to pay claims and provide advice on how to invest the insurance companies' assets. Actuaries work in all sectors of the economy, though they are more heavily represented in the financial services sector, including... [-]