Student doing schoolwork

Risk Management of Future Events

Actuaries analyze the financial cost of risk and uncertainty

Mathematics: Actuarial Science

Offered by: Mathematics and Statistics

Slippery Rock University's Mathematics program provides a strong mathematical foundation with concentrations focused on student interests and career goals. Mathematics majors choose one of four concentrations: Actuarial Science, Mathematical Sciences, Secondary Education, and Statistics. The dedicated faculty are committed to both excellence in teaching and student success. The concentration choice does not limit career opportunities, as the BS degree is a mathematics degree.

Why Choose Mathematics: Actuarial Science?

Actuaries are professionals trained in mathematics, statistics, and economics to solve problems involving risk management, finance, and insurance. Actuarial skills are highly sought after and greatly valued by employers that need to quantify financial risks of future events. Competitive salaries reflect that demand. The Actuarial Science concentration at SRU will provide you with the base skills to estimate probabilities, measure risks, and answer important financial questions. SRU’s Actuarial Science concentration prepares students for required national actuarial exams. Our department has over 30 years of training students for success in the field, and our students have an exam pass rate about 20% higher than the national average. Many actuarial science graduates secure jobs long before graduation.

What Will You Learn?

All SRU Mathematics concentrations have the same core coursework, which includes calculus, discrete math, mathematical proofs, linear algebra, and statistics. The Actuarial Science concentration includes additional courses of interest theory, differential equations, economics, finance, and computer science.

A mathematics degree strengthens critical thinking, and students graduating with a degree in mathematics will:

  • Use mathematical knowledge to solve theoretical and applied problems.
  • Apply rigorous deductive logical reasoning to prove mathematical results.
  • Use appropriate technology to perform and interpret mathematical analyses.
  • Communicate mathematical results clearly and precisely to both expert and non-technical audiences.
  • Demonstrate professional integrity and accountability in the use and communication of mathematics.

Careers In Mathematics: Actuarial Science

Mathematics degree graduates with an Actuarial Science concentration may work in finance or healthcare, become data analysts in any field, or work in almost any branch of government, to name only a few of the many diverse possibilities. SRU Mathematics & Statistics students may choose a minor to further advance or diversify specialized skills. Actuaries are commonly employed by:

  • Financial institutions
  • Insurance companies
  • Accounting firms
  • Government agencies
  • Industrial corporations
  • Consulting firms

Students in the SRU Mathematics program with an Actuarial Science Concentration have many internship opportunities. Past student internships have included Johns Hopkins, AETNA, Erie Insurance, and Progressive.

Clubs & Organizations

  • Gamma Iota Sigma (GIS)
  • Dead Poets Society
  • Math Club

LEARN MORE ABOUT OUR MATHEMATICS BS WITH AN ACTUARIAL SCIENCE CONCENTRATION!

Slippery Rock University's Mathematics major with an Actuarial Science concentration is perfect for students looking to further their education with a versatile bachelor's degree and work in a wide range of careers. Interested in learning more? Request more information today!