Actuarial Science Degree Programs
Actuarial science is the mathematical analysis of problems in economics, finance, and insurance. It requires knowledge of statistics, probability, and interest theory and how they relate to financial issues.
Actuarial Science at UW-Milwaukee
We have a first class actuarial science program that has committed itself to attain the Society of Actuaries accreditation as a Center of Actuarial Excellence. A dedicated group of experienced faculty is ready to help you achieve your goals. The UWM actuarial program will completely prepare students for the first two examinations, Exams P/1 and FM/2, and for VEE credits. By taking courses beyond the degree requirements students can prepare for later examinations. We also provide scholarship and internship opportunities for qualified students and examination fee reimbursement.
Actuarial Sciences Major
Students must take 34 preparatory credits and 31 credits from the core curriculum. To emphasize the importance of communication and business skills for actuaries, students are strongly encouraged to take additional courses in communications, economics, and complete an insurance industry internship.
Actuarial Sciences Minor
Students must take Math 231-234 and at least 12 credits from the core curriculum (Math 311, MthStat 361-362, and either BusAdm 450 or Econ 301-302).