{"id":228,"date":"2015-08-05T17:04:56","date_gmt":"2015-08-05T17:04:56","guid":{"rendered":"http:\/\/umwwebmaster.wpengine.com\/study\/?post_type=areas&p=228"},"modified":"2023-03-30T14:51:28","modified_gmt":"2023-03-30T18:51:28","slug":"actuarial-science","status":"publish","type":"areas","link":"https:\/\/www.umw.edu\/study\/areas\/actuarial-science\/","title":{"rendered":"Actuarial Science"},"content":{"rendered":"\n
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Majors, Minors & Areas of Study<\/div>

Actuarial Science<\/h1><\/div><\/div><\/div><\/div>\n
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Love crunching numbers?<\/h2>\n\n\n\n

Open to all majors, UMW\u2019s minor program in actuarial science develops skills expected of entry-level actuaries and prepares you for your first two actuarial exams, typically enough to land work while you advance toward future exams required for certification. Learn to compute rates, premiums, and dividends, and anticipate and manage probabilities and risk. You could see your career opportunities multiply!<\/p>\n\n\n\n

Areas of Study<\/h3>\n\n\n\n

Open to all majors, the UMW minor in actuarial science includes courses in math, economics, accounting, and computer science for a full range of knowledge in rates, risks, probabilities, and statistical analysis.<\/p>\n\n\n\n

Career Opportunities<\/h3>\n\n\n\n

Consistently ranked as a top career choice, actuarial science can lead to exceptional earning potential. Actuaries most typically work in insurance, with pensions, or in consulting firms, but they also can find work with financial services industries, marketing\/sales organizations, benefits management firms, and other types of businesses. The U.S. Department of Labor expects employment opportunities for actuaries to increase faster than average.<\/p>\n\n\n\n

Internships<\/h3>\n\n\n\n

The Department of Mathematics<\/a>, which hosts UMW\u2019s minor program in actuarial science, offers internships at the Naval Surface Warfare Center in Dahlgren, Geico Insurance, and others.<\/p>\n\n\n\n

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