Bachelor of Science
What is an actuary? In general, actuaries help organizations manage risk. But what an actuary does at an insurance company differs from what actuaries do at a commercial bank. Here are some things actuaries do in almost every industry: They earn high incomes, perform rewarding work, have a rare combination of skills and enjoy exceptional job security. The average actuary salary in the United States surpasses $100,000. If you’re good at math and have an analytical mind, Oakland University’s actuarial science degree might be the ideal fit for you.
What is an actuary? In general, actuaries help organizations manage risk. But what an actuary does at an insurance company differs from what actuaries do at a commercial bank. Here are some things actuaries do in almost every industry: They earn high incomes, perform rewarding work, have a rare combination of skills and enjoy exceptional job security. The average actuary salary in the United States surpasses $100,000. If you’re good at math and have an analytical mind, Oakland University’s actuarial science degree might be the ideal fit for you.
Our actuarial science degree provides direct, hands-on experience to help you get your actuarial career off to a fast start. In addition to building proficiency with big data, you’ll get the chance to exhibit the critical reasoning and strategic analysis that employers are looking for. And Southeast Michigan’s diversified economy presents a broad range of actuarial career pathways in health care, insurance, finance, government and many other industries.
Actuaries are usually in high demand, due to the lack of qualified candidates. That’s one reason actuary salaries average $110,000 nationally, making this one of the highest-earning professions. Employers aggressively recruit our students — 95 percent of our 2017 business school seniors were employed or in graduate school within the first year of completing their degrees. Our actuarial science degree includes a three-course sequence to polish your skills in resume writing, interviewing, conducting a job search and more. You’ll present yourself with a professional air, making a strong impression in the job market.
Our actuarial science program qualifies you for a wide range of careers in actuary science, including:
An interdisciplinary program offered jointly by the Math and Economics departments, our actuarial science degree integrates coursework from economics, business, data technology and other fields. You can personalize your actuarial science major with electives from the College of Arts and Sciences or the School of Business Administration.
The actuarial science major includes required courses in: