Actuarial Sciences, B.S.

Florida Agricultural and Mechanical University

Prepare for a high-demand career at the intersection of mathematics, statistics, and finance. Our Actuarial Science degree equips students with the analytical skills needed to assess risk and solve complex problems in industries such as insurance, pensions, healthcare, and investment. With a strong focus on data analysis, probability, and business principles, this program is designed to align with professional actuarial exams and industry standards, giving graduates a competitive edge in the job market.Actuarial Science is a field of study that applies Mathematics, Probability, Statistics, Finance, Economics and Computer Science to analyze past data and use that information to make important financial decisions that may occur in the future. Actuaries attempt to analyze the economic costs of risk and uncertainty.Actuarial scientists attempt to quantify the risk of an event occurring using probability analysis so that its financial impact can be determined. To become a certified actuary, one must pass a series of actuarial exams. In order to improve one's career prospects, it is suggested that students try to pass at least one or two exams before graduation. For the insurance industry, they develop, price, and manage insurance products. They are involved in defining and creating pension and retirement plans for organizations. They serve as financial planning advisors. Actuaries also provide financial services, such as banking and investment management. They work with government institutions such as the Social Security Administration, the Department of Labor, and Medicare to manage social programs and to develop regulations and legislation.

College of Science and Technology