Bachelor of Science in Actuarial Science

The Bachelor of Science in Actuarial Science at Ohio University is a premier undergraduate program that merges the disciplines of mathematics, statistics, and finance to prepare students for the dynamic field of actuarial science. This program is meticulously structured to equip students with both fundamental and advanced knowledge in quantitative analysis, risk assessment, and predictive modeling. The curriculum is designed to challenge students intellectually while providing them with practical applications and real-world problem-solving skills essential for a career as an actuary.

Throughout the course, students delve into various subjects, including probability theory, financial mathematics, and statistical modeling, all crucial for understanding and analyzing risk in insurance and finance sectors. The program emphasizes a hands-on learning environment where students engage in rigorous coursework, collaborative projects, and extensive internships. Our students graduate with not only theoretical knowledge but also practical skills that make them competitive in the job market.

Ohio University takes pride in its faculty, composed of highly experienced professionals who bring a wealth of knowledge and a commitment to student success. The professors in the Actuarial Science program are not only academically distinguished but also have substantial industry experience, which enhances their teaching methodologies. They adopt innovative teaching strategies, combining lectures with interactive discussions, case studies, and data analysis projects to foster an engaging learning atmosphere.

Moreover, students in this program enjoy unique research opportunities, collaborating with faculty on cutting-edge actuarial studies. Ohio University encourages students to participate in research projects, providing access to various resources, including state-of-the-art laboratories, extensive libraries, and actuarial data sets. This hands-on experience allows students to apply theoretical knowledge to real-world scenarios, enhancing their analytical skills and preparing them for the complexities of the actuarial profession.

The Actuarial Science program at Ohio University also boasts strong connections with leading industry players, enabling students to secure valuable internships and job placements. Our dedicated career services team assists students in finding opportunities that align with their career aspirations. The university’s extensive alumni network facilitates networking, mentoring, and job placement assistance, further enhancing students’ career prospects. Graduates of this program frequently find employment in prestigious firms such as Deloitte, EY, PwC, Aon, and Allianz, among others.

Why Study Actuarial Science at Ohio University

• The program is consistently recognized as one of the top choices among international students pursuing a career in actuarial science.
• Students benefit from a robust hands-on learning experience, integrating theoretical concepts with practical applications.
• Classes are held in high-end facilities equipped with modern resources, taught by experienced faculty who are invested in student success.
• Access to a wide range of internship and employment opportunities tailored to prepare graduates for successful careers in the industry.
• The program's strong emphasis on research ensures that students are engaged in the latest actuarial practices and methodologies.

The curriculum is structured to include a variety of specialized courses, including Actuarial Models, Financial Mathematics, Life Contingencies, and Predictive Analytics. Each course is designed to build upon the previous one, ensuring a comprehensive understanding of the actuarial principles. Students are also encouraged to take preparatory examinations for professional actuarial designations, enhancing their employability and professional readiness upon graduation.

Furthermore, Ohio University offers various scholarship opportunities specifically for actuarial science majors, recognizing academic excellence and financial need. Notable scholarships available include the John Hancock Scholarship and the Society of Actuaries Scholarship. This financial assistance is aimed at alleviating the financial burden on students while promoting academic achievement.

Admission to the BS in Actuarial Science program requires a strong academic record, particularly in mathematics, statistics, and computer science. Prospective students should exhibit a keen interest in the field and demonstrate critical thinking and problem-solving abilities. Effective communication skills, both oral and written, are also essential for success in this rigorous program.

Students must also complete several internships and practicums during their studies, providing them with invaluable experience in real-world settings. This practical exposure not only enhances learning but also facilitates networking opportunities within the actuarial community.

In terms of career outcomes, graduates from the Actuarial Science program at Ohio University have reported an average starting salary of around $60,000, with many finding positions as Financial Analysts, Risk Analysts, Data Scientists, and Actuaries. The demand for actuaries is projected to grow significantly in the coming years, making this an excellent field for new graduates. Alumni have been successful in securing roles with top firms, and many have shared testimonials about how the program prepared them for their careers.

Current students and alumni frequently highlight the program's supportive environment, knowledgeable faculty, and extensive career resources. Alumni have gone on to achieve significant positions in major financial institutions, consistently pointing back to their time at Ohio University as pivotal in their career development.

In conclusion, the Bachelor of Science in Actuarial Science at Ohio University is a robust and comprehensive program tailored to equip students with the knowledge, skills, and experience necessary to thrive in the competitive field of actuarial science. The combination of a solid curriculum, expert faculty, and strong industry connections ensures that graduates are not only well-prepared but also highly sought after in the job market.