Welcome to Actuarial Science
Central Michigan University offers an undergraduate major in Actuarial Science. Actuaries study risk and require coursework in statistics, mathematics, economics, and finance. The Actuarial Science major is intended to prepare students for careers in insurance companies, banks, investment firms, government work, health care, and business firms where there is a need to weigh the financial consequences of risk.
This major prepares students for the first of two Actuarial Science examinations, the Probability exam facilitated by the Society of Actuaries. Passing the Probability exam is a recommended step in the employment process. Failure to pass the exam does not prohibit students entry into an actuary career. Passing the exam, however, does provide more opportunities before beginning the interview process. After passing this exam, students are encouraged to take the second exam, Financial Management exam.
For more information visit: www.cst.cmich.edu/units/mth/Programs/ActuarialSci.htm