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Bachelor Degree
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Actuaries answer questions about future risk, make pricing decisions and formulate investment strategies. Any time a company must decide whether to pursue a course of action involving substantial financial risk, they need to consult an actuary. An actuary uses quantitative tools to analyze and plan for future financial situations. In addition to insurance companies, actuaries work in government, banks, financial planning and investment companies, consulting firms, public accounting firms, large industrial corporations and labor unions. Both the Bachelor of Arts (BA) and Bachelor of Science (BS) degrees in Actuarial Science require a minor in business. Supporting courses cover accounting, computer science, finance, applied statistics, and economics. In addition, the BS degree requires a second minor in a science (computer science recommended). The Actuarial Science degree program prepares students for the professional exams of the Society of Actuaries and the Casualty Actuary Society. Students must take at least one professional exam prior to graduation.
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