Our actuarial professors have years of experience working as actuaries in industry, and bring that knowledge to the classroom. Also, WPI actuarial graduates are working at many area companies in a variety of jobs, and are always happy to connect with current students. These connections can be individual mentoring, company presentations, help with reviewing resumes, interview practice, Excel classes, or just a friendly face of a person who can answer questions about an actuarial career.
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.
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.
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).
Project-based learning is at the heart of WPI’s educational philosophy. Across your four years here you'll be expected to work on projects of all sizes and in many areas, from pure math to applied math, as well as social science and the humanities. Projects are especially important in Actuarial Mathematics, allowing students to solve real problems faced by professional actuaries. Our students regularly complete their senior capstone projects in collaboration with sponsors including major insurance companies, financial services firms, and banks.
Whether it’s real-world work experience through a co-op or internship, earning a bachelor’s and master’s degrees in four or five years through the BS/MS program, or integrating your coursework with your extracurricular interests through Major and a Mission, there are many ways you can make the most out of your time at WPI.
Consider a Degree in Mathematical Sciences Instead
Interested in using mathematical theory to solve problems in industry and academia? Consider a degree in mathematical sciences—you'll gain hands-on, project-oriented experience to help you address real problems.
Earn a Math-Focused Minor
If you’re already pursuing a bachelor’s degree in another area of study, you can still earn a mathematics or statistics minor to complement your degree. Our minor in mathematics gives you the chance to gain expertise in mathematical techniques unique to your area of study; if you’re more interested in experimental design and data analysis, our statistics minor could be a perfect fit.