In a recent publication entitled "Ten Jobs that Pay $80,000 a Year" published by CareerBuilder.com (November, 2008), ten jobs were showcased as desirable career choices for individuals based on their mean income, projected employment and projected growth rates. Associate Actuary was placed at number one, three of the other nine jobs listed: Compensation and Benefits Manager, Economist, and Risk Management Supervisor, all rely on individuals fully understanding and successfully applying actuarial skills and models within their field.
The design of the Actuarial Science Program at Morgan State University provides students with various degree options, which gives students the opportunity to explore the actuarial science field as well as the flexibility to apply these risk assessment and management concepts within other disciplines. The program offers a Bachelor of Science in Actuarial Science, a Bachelor of Science in Mathematics with a concentration in Actuarial Science as well as a minor in Actuarial Science. The curricula sequences in all degree options allow students to apply actuarial skills to their chosen career field, aids in the preparation for exams as well as the option of completing all/most of their Validation by Educational Experience (VEE) courses before graduation.
Benefits to Students:
· Full and partial tuition scholarships
· Opportunity for Internships
· $100-$600 Textbook Stipend
· Costs of SOA/CAS exams covered for 1st attempt
· Payment for each exam passed
· Free SOA/CAS examination manuals and preparation materials
· Professional and academic mentoring
· Training & developmental Workshops
· Opportunities to build professional network with partnering companies
· Undergraduates enrolled full-time or part-time in a declared major (from list below).
· Maintain minimum 2.0 cumulative G.P.A. and 2.5 major G.P.A.
· Attend professional development workshops
Active Participation in:.
· Actuarial Science Program Events
· Gamma Iota Sigma Fraternity