Actuarial Science

Actuarial Science

Actuaries use mathematics, statistics, and financial theory to assess risk and uncertainty. They help design insurance policies, pension plans, and investment strategies. Their work supports decision-making in industries like insurance, finance, and government. Actuaries typically work in office settings with intensive data modeling and forecasting tools.

Common Job Titles: Actuary Data Modeler Insurance Analyst Pension Analyst Risk Analyst

More Information

Related Academic Programs

Bachelor's Accounting, B.S.

Accounting is more than bookkeeping or number crunching. With the Bachelor of Science in Accounting from Penn State Behrend, you’ll develop your talents as a strategic business adviser—one who can think critically, solve problems, and anticipate organizational challenges.

And since there isn’t an industry that doesn’t employ accountants, you’ll have a wide variety of career options. You can prepare for a traditional role of CPA or auditor, or use your Accounting degree as a foundation in fraud detection, forensic investigation, financial services, law, underwriting or actuarial science, and more.

Undergraduate Certificate Actuarial Mathematics and Statistics Certificate

Actuaries analyze the financial costs of risk and uncertainty. Actuaries are in high demand, with the job outlook expected to grow much faster than average in the next decade. This certificate program is designed to prepare current and returning students for a career as an actuary. Students completing the certificate are prepared to pass the P/1 (Probability) and FM/2 (Financial Mathematics) examinations, and would obtain VEE credit for economics, corporate finance, and applied statistical methods topics once a second actuarial examination is passed. The certificate requires a total of 31 or 32 credit hours and can be completed concurrently with a Penn State Behrend degree or via continuing education.

Minor Applied Economics Minor

The Applied Economics minor is a strong complement to virtually any major, including those within, and outside of, the School of Business. (Note that most School of Business majors will, as part of their major, already have earned 6 to 9 credits toward the Applied Economics minor, making it particularly attractive.)

The minor can enhance the market value of a major and can provide students with options and opportunities beyond those offered by the major program of study.

Undergraduate Certificate Behavioral Finance Certificate

We all make shortcuts as we process new information. But how do those shortcuts impact our everyday decisions—particularly about financial matters?

That’s what the Certificate in Behavioral Finance, offered jointly by the Black School of Business and the School of Humanities and Social Sciences, explores. You’ll learn to consider why financial managers make decisions to merge firms, pay dividends, or choose investments.

The certificate covers core content in social psychology, cognitive psychology, behavioral economics, and behavioral finance. The certificate requires a total of 18 credit hours and can be completed concurrently with a Penn State Behrend degree or via continuing education.

Bachelor's Economics, B.A.

Looking for a business degree with the flexibility to accommodate your wide-ranging interests? You found it. The B.A. in Economics from Penn State Behrend examines economics relationships from the perspectives of both business and public policy. That means you’ll take courses in business and also in arts, humanities, natural sciences, and social and behavioral sciences.

The decision-making skills that Economics majors learn are needed across all sectors and segments of our economy, so you’ll find employment opportunities in government, business, manufacturing, finance, banking, labor organizations, and academia.

Bachelor's Finance, B.S.

Finance is among the most versatile of majors—what organization wouldn’t benefit from optimizing the investment of its monetary resources?

The B.S. in Finance from Penn State Behrend prepares you for careers in every segment of our economy. So no matter what your interests—private corporations, government, financial services, banking, academia, or nonprofits—there’s a financial role to fill.

Bachelor's Functional Data Analytics, B.S.

Our world runs on data, and the people who best understand it—and who can explain it—are essential to any organization. With the B.S. in Functional Data Analytics, you’ll learn to analyze and interpret the numbers, but also discover how to clearly convey that information to others.

Minor Mathematics Minor

Mathematics is one of the oldest and most basic sciences, the foundation on which many other disciplines rely. Mathematical knowledge increases problem-solving skills in many fields.

Bachelor's Mathematics, B.S.

You’re good with numbers—how can you make that a career? With the B.S. in Mathematics from Penn State Behrend, you can specialize in a variety of fields, including statistics, economics, actuarial science, computer science, modeling, and data analysis.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is registered on Toolset.com as a development site.