Degree in Actuarial Mathematics

Bachelor of Science
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WPI’s distinctive degree in Actuarial Mathematics will give you a head start in becoming a well-rounded and successful actuary. These highly specialized professionals use their mathematical expertise, business intelligence, and computer skills to help companies assess risk and solve financial problems.

As a student in our hands-on program, you will master mathematical theory and apply your knowledge to solve real problems in the actuarial industry. You’ll also have opportunities to conduct research alongside professional actuaries and gain complementary skills in business, economics, and computer science.

You will be well prepared to pass preliminary actuarial certification exams and will graduate as a confident and creative problem solver.

BS/MS Option

With planning, students may complete both a bachelor’s degree in Actuarial Mathematics and a master’s degree in Applied Statistics within 5 years total at WPI.

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Curriculum

Our curriculum for the degree in actuarial mathematics includes specialized math courses and introductory study in business, economics, data science, and computer science. You will gain a firm grounding in fundamental mathematics before delving into advanced topics like interest theory, risk theory, loss models, and survival functions. You’ll also hone your computer programming skills and explore subjects like corporate finance and project management.

Your rigorous coursework and hands-on practice will put you on track to prepare for the examinations administered by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). In addition, WPI offers coursework that satisfies other SOA/CAS requirements, known as Validation by Educational Experience (VEE).