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Learn how to determine and assess risk in the University of Central Missouri鈥檚 Actuarial Science and Statistics bachelor鈥檚 degree program. The Actuarial Science option teaches you everything you need to know to become a professional actuary for insurance companies, financial institutions and government agencies. The program requirements are developed based on industry best practices and approved by the Society of Actuaries (SOA).

In fact, UCM鈥檚 actuary program is recognized by the SOA as a UCAP-AC program (Universities and Colleges Actuarial Programs - Advanced Curriculum). This means your classes cover topics you need to know for certain SOA preliminary exams. We also offer Validation by Educational Experience (VEE) courses to further enhance your professional preparedness opportunities.

Skilled, dedicated faculty

You鈥檒l get personalized attention from faculty members who hold the highest degrees in their fields and are SOA-credentialed actuaries themselves. In addition to giving you the classroom knowledge you need to excel in UCM鈥檚 actuary degree program, they鈥檒l provide you with networking opportunities and professional guidance to help you start your career off strong.

What you will study

As part of your actuary degree requirements at the University of Central Missouri, you鈥檒l take courses that build skills in actuarial mathematics, risk management, predictive analytics, finance, accounting and economics. Core courses you鈥檒l take include:

Computer Programming

Python Programming

Statistics and Data Analysis

Regression Analysis

Statistical Modeling

Time Series Models and Analysis

Unique learning opportunities in actuarial science

UCM鈥檚 Actuarial Science and Statistics major, with a focus on Actuarial Science, provides a number of learning opportunities besides what鈥檚 needed to complete your actuary degree requirements. You鈥檒l also have the chance to get practical learning experience through activities such as:

Dedicated computer labs: Get experience using statistical software common in the industry in UCM鈥檚 computer labs that are dedicated to Actuarial Science and Statistics majors.

Student life: Join The Actuarial Organization (TAO) at UCM for networking and professional development opportunities with local insurance companies, alumni and Career and Life Design Center staff. Members of this student club also get together for social activities, including guest speaker events.

What can you do with an Actuary degree from UCM?

UCM prepares you to earn the credentials required to work as an actuary, which has been rated as one of the highest-paying jobs for college graduates by Payscale. As a professional actuary, you鈥檒l be ready for roles that include data analysis, consulting, financial planning, underwriting, risk analysis and more.

In fact, the high pay and number of exciting roles available to you are what make this career path one that frequently ranks highly on lists of best business jobs and best STEM jobs.

If you choose to continue your education in graduate school, you鈥檒l have a background that prepares you for master鈥檚 programs in specialized fields such as statistics, data science, accounting, finance and economics.

Careers with UCM鈥檚 Actuarial Science and Statistics degree

Use the interactive tool below to learn about the career opportunities open to you with an Actuary degree from UCM. Discover job openings, salary prospects, career growth projections and other information that can help you plan for your future.