Why Choose Actuarial Science?
Actuarial Science deals with design, financing and operation of insurance plans. Financial security for people and companies is the main goal of an actuary. Typical problems could include setting the premium for automobile insurance, insuring an athlete against injury or determining the payout for a sweepstakes contest.
Actuaries are in demand in business and industry, and the average salary is quite high. Prospective actuaries take a series of tests, and this program will prepare you for the first test, which should lead to quick employment.
First year student admission is open to high school graduates (or equivalent) who demonstrate academic preparedness, maturity and seriousness of purpose with educational backgrounds appropriate to their chosen program of study. High school courses and grade point average, ACT composite score, and ACT reading and mathematics subscores will be considered in the admission and placement process. Transfer students must have at least 12 credits at the time of application with a minimum 2.0 overall GPA including an English and mathematics course, or they must provide their high school records and ACT scores for admission review.
The applied mathematics program leads to a bachelor of science degree. Graduation requires a minimum 2.0 overall GPA and a minimum of 120 credits including completion of all general education requirements as outlined on the General Education website. Additionally, a minimum 2.5 GPA in all math and computer science course work is required.
Department of Mathematics
Ferris State University
820 Campus Drive, ASC 2021
Big Rapids, MI 49307-2225