The actuarial mathematics major is specifically designed for students who wish to pursue an actuarial field, pursue graduate work in financial mathematics, or employment in a mathematics or statistics-related field.
Program Highlights
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The inclusion of a minor in Risk Management and Insurance introduces the student to specific uses of Actuarial Mathematics.
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The combination of Applied Mathematics and Statistics expands the student’s knowledge of solution methods for Risk Analysis.
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The inclusion of computational analytical methods introduces the student to computer modeling.
Careers
Check out these ideas from ODU's Center for Career & Leadership Development and the Occupational Information Network (O*NET). A median salary is a midpoint of what people typically earn—half of those surveyed earned above the median salary, and half earned below.
Risk Management Specialists
Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Financial Analysts
Conduct quantitative analyses of information affecting investment programs of public or private institutions.
Requirements
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Math Core courses: 34 credits (GPA of 2.3)
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Actuarial Math specific courses: 18 credits
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Minor in Risk Management and Insurance
Transfer
At ODU, we understand that as a transfer student you have unique needs that require a wide array of campus resources. The Center for Advising Administration and Academic Partnerships aims to create a transfer inclusive culture that supports the successful...
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Cost
Estimated rates for the 2024-25 academic year. Rates are subject to change. Anyone that is not a current Virginia resident will be charged non-resident rates. That includes international students.
Ways to Save
Here are a few ways for you to save on the cost of attending ODU. For more information visit University Student Financial Aid.