An Actuarial Science Degree Is A Stepping Stone To A Great Career

Not many people actually become actuaries due to the time it takes for the training and the number of exams that need to be taken. However, this can be a very good career. Since there aren't a lot of actuaries it usually isn't difficult to find a job, and much of the training is usually done while working full time. One way to get a good start on a career as an actuary is to get an actuarial science degree.

There are many universities that offer actuarial science degrees, either bachelors degrees or masters degrees, depending on the university. Most of the schools that offer an actuarial science degree have classes that support the first actuarial exam, which can lead you up the career ladder, even to the position on CEO or COO. There are some schools with actuarial science degrees that support the first four actuarial exams, and I would recommend one of these programs. After that point, you can begin to look for actuary postings.

Schools that offer an actuarial science degree (either a bachelors degree or both bachelors and masters degrees) and support the first four actuarial exams include Ball State University, Central Michigan University, Drake University, Illinois State University, Indiana University South Bend, Maryville University at St. Louis, Otterbein College, Purdue University, Roosevelt University, University of Illinois Urbana Champaign, University of Iowa, University of Michigan Ann Arbor, University of Nebraska Lincoln, Bryant University, Central Connecticut State, Columbia University, Lebanon Valley College, New York University, Robert Morris University, Temple University, St. John's University, University of Connecticut, University of Texas Austin, Florida State University, Georgia State University, and Brigham Young University.

Students studying toward an actuarial science degree can expect to take a lot of math, accounting, business, statistics, and economics courses as well as actuarial science courses. You should also take a course in communications, and a well rounded selection of liberal arts courses. Knowledge of actuarial law can be a plus too.

Although some schools do offer the option of a masters level actuarial science degree, most people in the profession get a bachelors degree and then begin studying for and taking the actuarial exams. This is probably a more productive use of time as there are a lot of exams to pass in order to be a fully accredited actuary.

Also, you do not actually need an actuarial science degree to become an actuary. You can study math, statistics, economics, and even liberal arts. What allows you to become an actuary is passing the actuary exams.

If you are interested in getting an actuarial science degree, or in becoming an actuary, there are a variety of scholarships available. You can find out more about them at the Be An Actuary website.

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