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Actuarial Science

Monmouth College offers a series of courses designed to prepare students with a strong analytical background necessary for a career in the actuarial field.

Upon completion of these courses, students should be well prepared for the first and second actuarial exam.

Monmouth College students who want to work in the actuarial science field usually double major in Economics and Mathematics, or major in Mathematics and minor in Economics or major in Economics and minor in Mathematics.

Actuaries' skills are in great demand throughout the financial sector, particularly in investment, insurance and pensions. Actuaries are also increasingly employed in risk management for large companies. There are many areas where actuaries work, including Consultancies, Investment, Insurance and Pensions.

One of the Best Jobs in America

No matter the source, actuary is consistently rated as one of the best jobs in America. US News and World Report, Jobs Rated Almanac, CNN Money, and others all agree: few other occupations offer the combination of benefits that an actuarial career can offer. In almost every category, such as work environment, employment outlook, job security, growth opportunity, and salary, a career as an actuary is hard to beat. Experienced Fellows have the potential to earn from $150,000 to $250,000 annually, and many actuaries earn more than that.

Department Facilities and Equipment

At Monmouth, Mathematics and Economics students are able to use a variety of equipment that is located in the new $42 million state-of-the-art Center for Science and Business. There are three computer laboratories that are fully equipped with presentation technology. Students also have access to Mathematica, a high-level mathematical and scientific computational software tool. The comfortable classrooms and numerous individual and team-study spaces are also popular with students.

For more information

Marjorie Bond

Wendine Bolon