Bachelor of Science in Mathematics - Actuarial Sciences

The primary goal of an undergraduate program in actuarial science is to prepare students to be successful on the actuarial exams of the SOA and CAS and to complete the three validation by education experience (VEE) requirements. For example, at a Center of Actuarial Excellence designated by SOA, the curriculum is usually available for the three VEE subjects and four of the first five actuarial exams.

Students in the actuarial science option at WSU must complete a set of common math courses to meet the math major requirement. The goal of the option is to provide students with an opportunity to complete the three VEE requirements and prepare students to complete the first two actuarial exams (which means a student may pass the exams by studying on their own and not necessarily through required courses). Students with a solid background in mathematics are usually successful in passing subsequent actuarial exams whether through self-study or additional training. Note that probably the single most important qualification for an entry-level candidate is exam progress. Entry-level candidates should be prepared to pass two exams before being seriously considered for employment. However, a candidate with one exam and excellent internship experience is just as desirable as a candidate with two exams and no experience. The market generally discourages candidates from passing more than three exams without experience.

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