Preparing for an Actuarial Career While in College

If you are interested in becoming an actuary, there are things you can do to prepare for the career while in college.

Overview of College Curriculum

Aim for a broad-based education that concentrates on business and mathematics.
A degree in business, math, or actuarial science is helpful, but don't rule out a major in other subjects like economics, liberal arts, or finance. A double major is not necessary. but might be a plus.
Whatever your major, it is essential to have a strong mathematical background. Your curriculum should include math courses, such as calculus, probability, statistics, and any courses your school offers in actuarial science.
Business courses, such as finance, accounting, management, economics, and computer science, will increase your career options.
Courses in English, speech, and business writing will help you acquire the communications skills actuaries need.
Because actuaries are involved in a growing variety of social and political issues, courses in the social sciences and humanities will help round out your capabilities.

Fulfill VEE Requirements

Classes To Take in College

If you are currently pursuing an undergraduate degree and are interested in an actuarial career, your courses should include:

finance
microeconomics
macroeconomics
3 semesters of calculus
1 semester of linear algebra
2 semesters of calculus-based probability and statistics
business courses, such as marketing
computer science courses
communication courses, like writing, technical writing, speech, or drama courses
literature, history, art, political science, the humanities, and other liberal arts classes
actuarial science courses, as available

If this curriculum gives you the idea that actuaries need a well-rounded education, you're right. What sets actuaries apart from other professionals is their ability to learn and assimilate a wide range of information. As their careers move beyond the traditional insurance industry boundaries, actuaries are finding that a versatile storehouse of knowledge pays off.

Other Activities

Participate in extracurricular activities that will give you a chance to work as part of a team on a project or stand out as a leader.
Attend career fairs for the actuarial profession.
Look into actuarial internships and training programs.
Learn about the actuarial examination system and review the practice actuarial exams.
Begin taking actuarial exams with the goal of passing at least one exam by the time you graduate.