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Actuarial Science at Adrian College

Actuarial Science degrees are valuable to those who seek a quantitative role in Finance, Business, Sports, and other industries. 

According to the Bureau of Labor Statistics (BLS), the median salary for an Actuary in 2020 was $111,030 and the number of jobs in Actuarial Science is expected to grow 24% from 2020 to 2030

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Developed with Fortune 500

We interviewed over twenty Fortune 500 companies to help develop a curriculum that includes more useful on-the-job skillsets. 

Median Salary of $111,000

The median salary for actuaries in 2020 was $111,030 and the number of jobs in Actuarial Science is expected to grow 24% from 2020 to 2030.

Hybrid Learning Options

Some courses in this program are taken online & powered by Rize. The core curriculum will be taken on-campus, giving students the best of student life with the flexibility of some online learning. 


Program Details

Information on what you'll learn, how the degree is built, and the careers that are possible after graduation.

Why Actuarial Science Matters

Actuaries help to predict our unpredictable world, and that skill has become extremely valuable in a number of different industries. There is expected to be a 24% growth in job numbers this decade and there's already an incredibly high median salary.

This program differs from those at other schools in order to provide more industry-aligned skills like data science and a basic computer science background. 

Experts & Contributors

Dr. Darren Mason, Albion College | Michigan State University - Dr. Mason holds a BS in Mathematics as well as a PhD in Mechanics with a doctoral minor in Mathematics from the University of Minnesota. In addition, Dr. Mason completed his postdoctoral work in the mathematical sciences department at Carnegie Mellon University. Dr. Mason has worked closely with us to build out the Actuarial Science Major.

Dr. Charles Severance, University of Michigan - Dr. Charles Severance holds a PhD in Computer Science from Michigan State University. He is the former Executive Director of the Sakai Foundation, and one of the world’s leading online CS educators. His contributions and curriculum form the basis of our programming curriculum

Chad Glenn - Chad Glenn is the Chief Actuary at Central Mutual Insurance Company, and has almost 15 years of experience working as an Actuary. Mr. Glenn also sits on the Advisory Board of the Actuarial Science program at Indiana University - Purdue University Fort Wayne, and graduated with a BS in Actuarial Science from the University of Illinois. Mr. Glenn was instrumental in helping us determine the most relevant skills for Actuarial work at the undergraduate level.

On-Campus Faculty

  • Dr. Timothy Clark
  • Dr. Dorin Dumitrascu
  • Prof. Jo Lynne Hall
  • Dr. Elizabeth Lamprecht
  • Dr. Matthew Zeckner

Industry Alignment

Actuaries graduating today often lack the computer science and data science skills necessary to perform on day one of the job. We've addressed this with feedback from our corporate partners and designed a curriculum that provides real-world skills and alignment to post-graduation professional exams. 

This program fully prepares students to take two Society of Actuaries exams - the "P" and "FM" exams - as well as their Casualty Actuarial Society equivalents.

Career Outlook

A degree in Actuarial Science leads to some of the highest-paying paths available today, for the next decade, and beyond. Most of these careers are quantitative, or numbers-focused, and include roles like Actuary, Budget Analyst, Quantitative Analyst, and Healthcare Actuary. 

Besides actuary, potential job titles for someone with a background in mathematics or computational sciences can include teacher, mathematician, statistician, software developer, financial analyst, and data analyst. The Society for Industrial and Applied Mathematics has produced a brochure providing an overview of some career options for STEM majors.

There's expected to be 24% job growth from 2020 to 2030 in this field. 

Curriculum Highlights


  • Math Required: Calculus 1, 2, and 3; Linear Algebra, Differential Equations, and Mathematical Statistics.
  • Other Courses: Economics, Accounting, and Intro to Programming 
  • Hardest Class: Math classes beyond Calculus II are rigorous. 

About the Partnership

For more information on the innovative partnership that allows us to offer this program, visit this page.

Bachelor of Science in Mathematics-Actuarial Science

A detailed look at the 62 credit hour curriculum. 

MATH135 Calculus and Analytic Geometry I (4)
MATH205 Calculus and Analytic Geometry II (4)
MATH215 Calculus and Analytic Geometry III (4)
MATH216 Discrete Mathematics (3)
MATH303 Linear Algebra and Matrices (3)
MATH304 Theory of Probability (3)
MATH305 Differential Equations (3)
MATH314 Theory of Mathematical Statistics (3)
MATH337 Mathematical Theory of Interest (3)
MATH347 Financial Mathematics for Actuaries I: Discrete Time (3)
MATH357 Financial Mathematics for Actuaries II: Continuous Time (3)
MATH404 Actuarial Seminar: Exam P Preparation (2)
MATH417 Actuarial Sciences and Risk Management with R (3)

ACCT203 Principles of Accounting I (3)
ACCT204 Principles of Accounting II (3)
CS103 Programming for Everyone I (3)
CS104 Programming for Everyone II (3)
ECON201 Principles of Microeconomics (3)
ECON202 Principles of Macroeconomics (3)
FIN310 Managerial Finance (3)

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Frequently Asked Questions

Common questions about getting BS in Mathematics - Actuarial Science. 

No, but you may need one to get hired. This industry tends to be more degree-dependent than most, and having a degree in Actuarial Science provides a massive advantage in earning potential and salary. People with a bachelor’s degree also have a 50% lower rate of unemployment, and on average they make an additional $630,000 to $900,000 over their lifetime, even more in high growth fields like this one.  

Yes! The only way to make sure our program gives you the skills you need to get hired and teaches you to work through real-world problems that actually matter is to partner with the people out there who are actually doing it. Our collaboration with Fortune 500 companies and subject matter experts means that their multi-billion-dollar expertise is reflected in everything you’ll study here.

Actuarial Science is a growing field, and our graduates can use their coveted skills to secure many different kinds of high-growth employment. If the idea of measuring risk and uncertainty is appealing to you, you may want to work as an actuary. If you’ve always been interested in the financial side of things, you may want to land a job as a financial manager or accountant. As an Actuarial Science grad, the high-paying possibilities available to you across industries are essentially endless. 

A flipped classroom is one where the focus is not on lectures, but on discussion, projects, and problem-solving. Students in flipped classrooms get the chance for more instructor feedback, and as a result have been found to learn much, much faster.  

If you are interested in how things work, if you want to have a stable and high-paying job, if you are looking for a degree that opens a ton of doors to different high-growth careers, if you want to play a big role in helping a company function, and if you want to gain a skill set that makes you more and more valuable as your career progresses, you should consider this major.   

Flexibility. Optional Synchronous means our Actuarial Science courses can be attended together at one time with other students, or on your own schedule. Many students prefer the learning that comes with live interactions, while other students love the flexibility of doing them whenever they fit into their schedule. 

This major is part of an exclusive partnership between Adrian College and Rize Education, which means you’ll be learning with students from your campus, as well as students from a selective consortium of schools across the country. The goal is to help you begin building a national network of people in your industry before you’ve even graduated.