Western Kentucky University

Course Details

Bachelor of Science in Mathematical Economics (Actuarial Science Track)

Course Description

Bachelor of Science in Mathematical Economics - Actuarial Science Track The Mathematical Economics with the Actuarial Science Track seeks to prepare students for careers as actuaries. Actuaries use a combination of strong analytical skills, business knowledge, and an understanding of human behavior to manage risk. Risk is the chance that an undesirable event that brings harm will occur, but risk can also involve opportunity for benefit. Risk can be found in many areas within today's complex society, including insurance, banking, rating bureaus, fraternal organizations, and more. To become an actuary, you must pass a series of exams to earn actuarial designation by either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). It can take many years to pass all of the exams. With the track in actuarial science as part of a mathematical economics major, you will take courses that provide you the best chance of success on the first two actuarial exams. In addition, you can apply to receive Validation by Educational Experience (VEE) credit from either the CAS or SOA in the areas of Applied Statistics, Economics, and Corporate Finance, obtained through approved course sequences.

Course Duration

NumberDuration
4year

Career outcomes

Many of our graduates enter advanced studies in top-ranked universities and have successfully completed their degrees. Others are employed in a wide variety of careers in business, government, or teaching, including those listed here (some of which require advanced degrees). Advanced Studies Law MBA programs Diplomacy and foreign affairs Public Administration Graduate studies in economics and finance Business Financial analysts, stockbrokers, corporate planners, option traders Sales representatives, managers, market analysts, management analysts Real estate (sales and investors) Bank officers, loan officers, trust officers Insurance underwriters, claims adjusters International business managers, multinational production and trade analysts Government Public policy analysts Statisticians Elected officials Research Teaching K-12 Community college instructors University professors




Bachelor of Science in Mathematical Economics (Actuarial Science Track) Western Kentucky University