Bachelor of Arts in Mathematical Studies - Actuarial Science

Southern Illinois University Edwardsville

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25 per cent over the next 10 years. While salaries vary by field, employment type and education level, the median national salary for an actuary is approximately 93,000, the median national salary for a mathematician is approximately 101,000 and the median national salary for a statistician is 75,000.According to the Society of Actuaries, an actuary combines the skills of a business executive, mathematician, and financial and investment manager. Actuarial science is an ideal concentration for students interested in careers that deal with studying risks related to economics, finance and social issues.