The Mathematics - Actuarial Mathematics concentration resides within the Bachelor of Science program in Mathematics. It prepares students for the actuarial profession, the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.

Career Opportunities

A degree in mathematics opens the door to a very wide range of satisfying and lucrative career opportunities. Many of them are consistently top-ranked in annual job satisfaction surveys which take into account key components including salary, work environment, job stability, and benefits. For example, a 2009 survey by the Wall Street Journal found that the top three jobs among the 200 they surveyed were Mathematician, Actuary and Statistician. Each of these careers begins with a mathematics degree (and several others in the top ten also pair well with a math minor or double major).

Indeed, in our technology and information-driven society, the ability to analyze and solve quantitative problems is naturally a key factor which distinguishes the most valuable employees and highest earners. Contrary to a popular misconception (which is not shared worldwide), mathematicians develop problem-solving skills far beyond the domain of textbook problems in arithmetic and algebra—their analytical skills have always been highly valued in the business world. For this reason, mathematics-related careers tend to be less stressful and offer greater work-life balance than most other careers with comparable salaries.