Actuarial Science Studies is a program that focuses on the mathematical and statistical analysis of risk, and their applications to insurance and other business management problems.
Actuarial Science Studies majors and degree programs likely include instruction in forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods.
What can you do with a major/degree in Actuarial Science Studies?
With a degree in Actuarial Science, you likely will work alongside professionals from other fields, such as accounting, underwriting, and finance. Some actuaries work with accountants and financial analysts to set the price for security offerings or with market research analysts to forecast demand for new products. Actuaries also work in the public sector. In the federal government, actuaries may evaluate proposed changes to Social Security or Medicare or conduct economic and demographic studies to project future costs.
Trade Associations and Professional Organizations in Actuarial Science Studies:
Professional associations are groups of professionals dedicated to topics in specific fields. Professional associations provide a wealth of online resources, some of which are geared specifically towards students. These organizations typically also host conferences and events, providing great opportunities for learning and networking across your field of interest.
Publications/Magazines in Actuarial Science Studies: