Mathematics/ Actuarial Sciences Option

College: College of Sciences and Mathematics

Department: Department of Mathematics

Degree: Bachelor of Science

Required Hours: 120

Minor Available: Minor in Mathematics Available

Web: http://www.auburn.edu/academic/cosam/departments/student-services/registration-and-planning/curriculum-models/new-core-models.htm

Actuarial Science Option is for students interested in a career in the insurance industry or other businesses relying on the expertise of actuaries.

Expertise in Actuarial Science opens up career opportunities in diverse groups of companies, such as life, health, and auto insurance companies, pension planning firms, and actuarial consulting firms.

The Society of Actuaries and the Casualty Actuarial Society grants professional accreditation through a series of examinations and educational experiences. The examinations are administered by the societies and the process is very demanding; only about 35% of those who sit for a given examination pass. Since passing examinations is vital for career advancement, the choice of an actuarial career demands a lasting commitment to study and hard work. Those lacking such a commitment will be forced to seek an alternative career.