BS in Actuarial Science Central Michigan University

Program Description

Are you great with numbers? Consider the actuarial science undergraduate program at CMU. Actuarial science uses analytical and statistical processes to assess risk in various industries. It’s no easy job. But if you enjoy math and statistics, becoming an actuarial scientist can make you a risk management champion. Gain comprehensive training in thinking, reasoning and problem-solving. Actuaries find ways to manage risk. As an actuary professional, you’ll use your problem-solving expertise to make real contributions. You’ll have an impact on business, industry, government, education and more. The study of actuarial science includes comprehensive training in thinking, reasoning, computing and problem-solving. These talents will strengthen your education, make you a well-rounded individual and enhance your appeal to employers worldwide. Employment of actuaries is projected to grow 21 percent from 2021 to 2031, much faster than the average for all occupations according to the U.S. Bureau of Labor Statistics. According to U.S. News & World Report's "Best Jobs 2023," actuary ranked No. 13 on the Best STEM Jobs list and ranked No. 9 on the best jobs of 2021 by CareerCast.com. Our actuarial science program is designed to prepare you for the first four actuarial exams (P, FM, IFM and LTAM). These exams are administered by the Society of Actuaries and the Casualty Actuarial Society. Students are encouraged to pass at least two exams by the time they graduate.

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