Our actuarial science program is designed to prepare students for careers in the highly regarded actuarial field; the mathematical backbone of the insurance and pension industries. Actuaries are the leading professionals in finding ways to manage risk. It takes a combination of strong analytical skills, business knowledge and understanding of human behavior to manage today's complex risks facing our society. Actuaries solve a variety of problems related to risk, such as determining premiums for insurance companies, helping companies establish their retirement plans, developing life insurance products and assisting banks in managing their assets and liabilities and developing ways to manage their financial risk.
Very few universities of our size have an actuarial program, and ours is growing rapidly. When you major in actuarial science at Ashland University, we'll prepare you for the first two professional actuarial examinations on probability and financial mathematics.
Students can complete all three of the current Validation by Education Experience (VEE) Requirements at Ashland University. "The VEE requirement is jointly sponsored by the Society of Actuaries (SOA), Casualty Actuarial Society (CAS) and Canadian Institute of Actuaries (CIA). There are three VEE topics: Economics, Corporate Finance and Applied Statistical Methods" (https://www.beanactuary.org/study/?fa=vee-requirements).
What You’ll Love About the Actuarial Science Program:
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Unlike programs in large universities where you are no more than a face in a crowd, At Ashland, you will actively participate in class and get to know each of your professors well and benefit from their knowledge. Your professors have earned multiple awards for excellence in teaching -- testimony to their exceptional classroom skills and the strong mentoring relationships they develop with students.
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You have full access to the extensive computer resources within the department’s technology center including a variety of hardware running Linux, Solaris, MacOS and Windows operating systems. The resources also include computer algebra systems, statistical and geometric software and other applications that will facilitate your learning.
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You will in all likeliehood graduate having taken and passed the first two professional actuarial science exams. As such, you will be highly attractive to potential employers and command a favorable salary.