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Home Courses Degree Programs Bachelor of Arts – Actuarial Science

Bachelor of Arts – Actuarial Science

Description
Provider
Careers
Additional information
Albion College offer two options for studying actuarial science, so they can choose the path that best aligns with their interests and goals.
In the traditional four-year actuarial science program, students will complete a specialized bachelor of arts degree in mathematics, with supporting coursework in economics. This track prepares them to complete the first part of the pathway required to become an Associate of the Society of Actuaries (ASA). Many people find successful employment in the field upon completing this degree track.
This five-year dual-degree program in actuarial science (DDPAS) offers students the best of both worlds. They will receive a solid liberal arts foundation here at Albion College and learn from the expertise and experience offered by dedicated actuarial science programs at leading universities. After spending three years at Albion College completing liberal arts core and training in math, computer science and economics, students will then transfer to an approved actuarial science program at a major university, like Michigan State University. There they will spend two years preparing to complete the first two parts of the ASA pathway. Upon graduation, they will earn both a bachelor’s degree in actuarial science from their transfer school and a bachelor of arts degree in mathematics from Albion College.
Students will learn:
  • In both the traditional and dual-degree programs, students will prepare for a career helping organizations model uncertainty and respond accordingly. For example, how likely is a certain event and how much will it cost the company? They will develop a strong foundation in essential disciplines—mathematics, statistics, computer science and economics.
  • They will become familiar with such computational tools as Excel, Python, R, Java, and Mathematica.
  • This liberal arts core will also expose students to diverse perspectives and make them a better communicator and critical thinker.
  • This four-year program prepare students to complete all of the Introductory I part of the ASA Pathway. They will satisfy the educational requirements in statistics, economics, accounting, and finance. They will be prepared to pass Society of Actuaries (SOA) exams in financial mathematics (FM) exam and probability (P). They will learn a substantial portion of the content on the Investments and Financial Markets (IFM) exam, too!
  • In DDPAS, students will build their math, computer science and economics foundation here, before transferring to a major university actuarial science program. There, they will complete the educational requirements and prepare for the exams for both the Introductory I and II parts of the ASA Pathway. They will also build the skills needed to complete most, if not all, of the rest of the pathway and obtain the Associate credential.

Top jobs for an Actualrial Science degree

You might want to think about getting an actuarial degree if you enjoy making predictions about the future and assisting businesses in making decisions. Students who complete this degree program learn how to assess risks and uphold financial stability within a business. You can decide if it's the best option for you by understanding potential job options and the kinds of employers recruiting these people. Below, we list the kinds of occupations you can get with an actuarial science degree.
  • Auditor
  • Financial planner
  • Actuary
  • Data analyst (DA)
  • Business analyst (BA)
  • Investment analyst
  • Risk analyst
  • Underwriter
Type Degree Programs
Provider

Albion College

Duration

4 Years

Delivery

On Campus

Country

USA

Since its founding in 1835, Albion College has grown and expanded its vision of a liberal arts education grounded in purpose, passion and academic excellence. Albion College is nationally recognized for its academic excellence in the liberal arts tradition, a learning-centered commitment, and a future-oriented perspective.
Albion College is committed to liberal education in the arts and sciences. It is the College's belief that such an education empowers individuals to live lives of constructive purpose and accomplishment, enriched by the confidence and pleasure that comes from thinking logically, imaginatively and humanely. In light of this vision, Albion College seeks to create and maintain, in a residential setting, a supportive, intellectually stimulating community which exhibits and prizes curiosity, creativity, dissent and diversity.
Teaching and learning are central to the mission of Albion College. This means that while the faculty are productive in scholarly and creative endeavors, their primary commitment is to teaching–specifically, to fostering the intellectual engagement and growth of students. The primary responsibility of students at Albion College is to develop mastery in the methods by which knowledge is acquired, critically evaluated, and appropriately applied. The college believes such an emphasis prepares students for a lifetime of learning and a multiplicity of possible careers by developing their broad reasoning, writing and speaking abilities. While the classroom is at the heart of the school’s educational mission, Albion College believes that the entire College community should share in the learning experiences found in the school’s residential setting and through involvement in out-of-classroom opportunities and experiences, including those in the City of Albion.

Admission Requirements

Minimum Level of Education Completed Grade 12 / High School
Minimum GPA 63%
IELTS 6.5
TOEFL 79.0
PTE 53.0
Duolingo 100.0

Skills You Will Gain

Tags: Actuarial and Financial Mathematics, Analytic skillset, Applied Mathematics, Financial risks management, mathematical

$53,090.00 / year

Additional Information

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