Actuarial Science
Actuarial Science, Bachelor of Science in Mathematical Economics
At Western Kentucky University, our Actuarial Science graduates are prepared for life at the top.
A degree in Mathematical Economics with a concentration in Actuarial Science seeks to prepare students for careers as actuaries. Actuaries typically work for health, life, and property insurance companies, but individuals with actuarial training may work in many other areas such as banking, investment, energy, government, employee benefits, predictive analytics, and many more. The thriving actuarial career field has a projected increase of 23% over the next decade and a median salary of $120,000.
With WKU’s Mathematical Economics: Acturial Science degree, you can take your professional
life to new heights.
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INDUSTRY Actuarial Science |
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ACTUARY MEDIAN SALARY* $120,000 |
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PROJECTED GROWTH (2024-2032)* 23% |
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TOP SKILLS** Data Analysis, Statistics, Leadership, Forecasting, Strategic Planning, Business Process Management |
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TOP EMPLOYERS** Humana, Local and State Government, Fruit of the Loom, Commonwealth of Kentucky, AssuredPartners, Dollar General |
Why should I study Actuarial Science at WKU?
WKU’s actuarial science program is among the few of its kind in the state of Kentucky. Our program is recognized by the Society of Actuaries as a program that provides coverage for two of the exams (P - Probability and FM - Financial Mathematics). The classes will satisfy all three Validation by Educational Experience (VEE) requirements and help you prepare for the SRM - Statistics for Risk Modeling and PA - Predictive Analytics exams.
Unlike most actuarial programs that housed in mathematics departments, our program is a collaborative effort between the Economics and Mathematics departments at WKU. This collaboration between the departments helps students prepare for both the math and business aspects of the job.
Set your sights high.
Prepare for a career as an . . .
Actuary
Data Analyst
Actuarial Analyst
Investment Analyst
Business Development Manager
Economist
The Gordon Ford College of Business is a top business school with dual AACSB accreditation in both business and accounting programs
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