Actuarial Science, BA

University of Wisconsin - Milwaukee

At many universities, actuarial sciences is housed in the business department. We believe that the most successful actuaries have an extensive foundation in mathematics and in the broader liberal arts, and therefore our program is housed in our Department of Mathematical Sciences. While you will take several business classes, you will also be heavily exposed to the broader context in which risk exists in our lives. Through economics courses and other courses in the social sciences and humanities, you will see how actuarial science is not practiced in a vacuum but has real-life implications and impact on businesses, individuals, and communities as a whole. Students interested in actuarial science should make every effort to prepare themselves in high school by taking four years of challenging math classes. Ideally, students will enter college ready to start in the first semester of calculus.The actuarial profession consistently is rated as one of the top professions for income potential, job security, work environment and growth potential. Prior to entering the profession, actuaries must pass a series of rigorous professional examinations, but a graduate degree is not a requirement. Although most actuaries are employed by insurance companies, actuarial consulting firms, financial companies, and the government, every company in the private and public sector faces risk of some sort and thus employs professionals to manage this risk.

College of Letters and Science