Central’s actuarial science major gives students a firm foundation of mathematics and business to prepare for a career as an actuary. Classes are typically small (25 students or less), so students can easily get personalized assistance. Program directors also provide support to students studying for introductory actuarial exams.
Central's program directors have taken and passed actuarial exams so they can better prepare students. Actuarial science majors will be thoroughly prepared to pass at least one exam before graduation.
Central has close connections to local insurance companies. Representatives of Nationwide Insurance and Transamerica visit campus each year to interview actuarial science students.
Central students can study off-campus — both internationally or domestically in the United States. These opportunities give students the chance to prepare to be global citizens, equipped to compete in the global job market. Students can check out experiences led by Central faculty or attend select academic programs across the world that provide opportunities for study, service, internships and other types of experiential learning. Options include experiences in Chicago, Washington, D.C., Central America, Ghana, England, the Scottish Highlands and more.
Actuarial science majors also get the chance to gain world perspective on global business and international corporations.
Actuarial science classes meet in the Vermeer Science Center and the Weller Center for Business and International Studies. The Vermeer Science Center was awarded a silver Leadership in Energy and Environmental Design (LEED) medal rating from the United States Green Building Council (USGBC), making the science center the first LEED-rated building in the state.The Weller Center for Business and International Studies houses faculty offices and classrooms for the economics, accounting, business management and modern language departments. The building includes state-of-the-art technologies with a 24-hour computer lab on the main floor and eight high-tech classrooms, two of which contain student computers.
While actuaries complete a bachelor's degree, most also take a series of rigorous exams early in their careers. Central faculty help prepare students to pass these exams, with a goal of passing at least one before graduation.
Actuarial science courses are spread evenly through four years at Central. First-year students take the year-long Calculus I and II sequence, as well as the year-long Principles of Microeconomics and Principles of Macroeconomics sequence. These courses lead into more advanced mathematics and business courses in the following three years.
Students completing the major will fulfill two and a half of the industry’s three required Validation by Educational Experience (VEE) requirements, with the opportunity to complete the other half of the third VEE requirement while still at Central.
Learn more about this discipline in the course catalog.