The actuarial science major at High Point University was specifically designed in consultation with local actuaries to give students the best possible preparation for an actuarial career. Courses in finance, economics and statistics have been accepted by the Society of Actuaries as satisfying its VEE requirements in corporate finance, micro- and macroeconomics and applied statistics. The goal of the program is to produce graduates who have passed the first two actuarial exams (probability and financial mathematics), completed the Society of Actuaries VEE requirements and have developed through their coursework the skills to succeed in the actuarial profession. Through classroom studies and internships, students are equipped with the skills necessary for the ever-changing global marketplace.
The actuarial science and mathematical economics programs at High Point University prepare students for some of the most exciting and in-demand jobs in the workforce. Economics is no longer as simple as “supply and demand.” Economics is becoming an increasingly technical field that now makes use of almost every area of mathematics. A solid background in mathematics will give those wishing to excel in economics-related professions a distinct advantage over the competition.
Courses leading to a B.S. in actuarial science prepare students for an exciting field. However, what exactly is actuarial science? Actuaries put a price tag on risk. They are the leading professionals in finding ways to manage risk and are experts in:
- Evaluating the likelihood of future events
- Reducing the impact of undesirable events
- Designing creative ways to reduce the likelihood of undesirable events
What can I do with this major?
Courses leading to a B.S. in actuarial science will provide sufficient depth to prepare students for a variety of careers requiring quantitative and analytical skills in business, finance and government. Such professions include, but are not limited to:
- Financial analyst
- Marketing specialist
- Bank examiner
- Financial planner
- Market research analyst
Students with degrees in actuarial science are needed in these industries:
- Colleges and universities
- Private corporations
- Banks and investment firms
- Rating bureaus
Why should I choose this major at HPU?
- Problem solving, abstract thinking and quantitative reasoning are among the most sought after attributes of new hires – and these skills are sharpened through our focused mathematics curriculum.
- Numerous sources list an actuary as one of the best jobs in America for multiple categories such as work environment, employment outlook, job security, growth opportunity and salary.
- Actuaries have higher-than-average starting salaries and an advanced degree is not essential.
- The actuarial profession is perfect for individuals who enjoy challenges and problem solving. Those who develop a track record of success will have many opportunities for growth and advancement.
- The need for actuaries is growing beyond the traditional industry to include financial services, marketing and sales among many more.