As an actuarial science major, you'll be involved in discovering the relationships between probability, mathematics, statistics, finance and economics. Upon graduating, you will be prepared to assess risk within a wide range of industries ? from finance to computer programming. Your track in mathematics will get you ready for the first two exams of the Society of Actuaries and the Casualty Actuarial Society ? Probability and Financial Mathematics. To support your future endeavors, we also encourage Actuarial Science majors to take business courses such as managerial finance, investments and accounting.
Extra-curricular activities
- Mathematics Club
- Kappa Mu Epsilon Honor Society
- Participation in local Science Fairs
- Opportunity to work in Mathematics Lab
- Undergraduate Research Symposium
- UWA Science Olympiad
Career Preparation
Graduates of the Actuarial Science program are in high demand. They can be found in insurance companies, investment banks, consulting firms, and government agencies. Some of them go on to attend graduate school in Actuarial Science. According to the figures from the U.S.?Bureau of Labor Statistics, the median annual wage for actuaries was $100,610 in May 2016. The projected percent change in employment for actuaries from 2014 to 2024 is 18% (much faster than the average growth rate for all occupations-7%). Students who have passed at least two actuarial exams should have very good job prospects for entry-level positions.
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