BSc in Actuarial Science in Springfield United States | Western New England University

Actuaries are professionals who apply mathematical, statistical, economic, and financial expertise to assess and address risk management challenges. These specialists typically work in insurance, financial services, healthcare sectors, and government organizations. By pursuing an Actuarial Science degree at Western New England University, you'll prepare for a career consistently ranked in the top 10 professions (CareerCast.com), considering aspects like work environment, compensation, job prospects, stress levels, and advancement potential. The university's location in the Hartford-Springfield region, home to numerous actuarial employers, makes it an excellent choice for this field of study.

The Actuarial Science program aligns with the guidelines established by the leading US actuarial organizations: the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Housed within the Mathematics Department, which boasts 15 dedicated full-time faculty members committed to teaching excellence and research, the program offers small class sizes that foster close student-faculty relationships. Students benefit from modern facilities in the recently upgraded Herman Hall, featuring collaborative spaces like the Math Center and student lounge.

The curriculum emphasizes mathematical foundations, covering calculus, linear algebra, probability, statistics, stochastic processes, interest theory, financial mathematics, and actuarial modeling. Complementary courses in economics, accounting, finance, business writing, and ethics provide essential context for the actuarial workplace. The program also develops crucial professional skills including computer proficiency, verbal communication, and self-directed learning. Additionally, we assist students in passing either the SOA Exam P or FM before graduation.