Strong job placement rates, some of the highest starting salaries in business, and opportunities to work anywhere in the world. These are the prospects for actuaries—problem solvers who use mathematical modeling to determine and measure risk as a way of confronting business and social problems.

As a Penn State student, you have access to Vault, an online career database of information on a variety of business majors. This site offers industry career guides, cover letter and resume resources, information videos, and much more. Check out the career guides here.

 

For more information about the Actuarial Science major, visit:

Smeal Majors: smeal.psu.edu/risk-management/degrees/actsc

Academics & Advising: ugstudents.smeal.psu.edu/academics-advising/information-on-smeal-majors/actuarial-science

Smeal Undergraduate Majors: Actuarial Science from Smeal College of Business on Vimeo.

Below are just a few of the many career paths you can take with an actuarial sciences degree. Check out these websites to learn more about careers in your major!

Actuary

Actuaries use statistics and financial theories to study uncertain future events, especially those related to insurance.

Business Analyst

Business analysts identify a company’s needs through the use of analytical tools and collect data to determine the state of the company. They are skilled at gathering and processing information and problem-solving.

Risk Analyst

Risk analysts are involved in a wide variety of systems including management and control risk and legal, political, economic, and property risk assessment. Risk analysts may work in sales, origination, trading, marketing, financial services or private banking.

Consulting Industry Snapshot

Find your future in consulting! Check out this consulting industry snapshot created by the Forté Foundation. This is a great resource to explore industries that interest you the most.