subject: A Degree In Science And Technology Can Open New Doors! [print this page] If you asked different people what a career in mathematics involved, some might name theoretical physicists, quantum engineers, or even astronomers - lofty, exclusive professions in a "high brow" field. Of the careers involved in the science, technology, engineering, and math (STEM) field, the profession of actuary is ground in the tangible. A bachelor science degree is the way to start when thinking about entering this field.
Actually considered a STEM (science, technology, engineering, math) field, actuaries measure risk. The odds of things that happen in life, such as death, sickness, injury, disability, loss of property and other disasters, are calculated, along with the associated costs. Also determined is what a person has to invest over a set number of years for a proper retirement or savings plan and have often been called to court hearings where their results are used as evidence.
In other words, they are the backbone of the insurance industry. They can also work for consulting firms, where their expertise in risk assessment can be used in a number of other ways. If you look at TV shows such as Numbers, a lot of the science the stars use is actuarial. If you need more information about technology degree online, look on the internet.
A strong background in both math and general business is a must. Anyone interested in the profession must graduate with a bachelors degree in math, actuarial science, or statistics, although there are actuaries who got a B.S. in economics, finance or accounting, then took further courses.
Any decent online college has an actuarial science program. It's usually a good idea to talk to a career counselor to learn the curriculum. After graduation, the Bureau of Labor Statistics reports most decent students have no problem finding jobs. Still, graduates will have to take a certification exam before they earn a full position. Luckily, many insurers and similar firms will hire the graduate while they study for the actuarial exam online.
There is an incredible need for this profession. This is certainly reflected in the salary. According to the Bureau, the bottom end of an annual wage is nearly $50,000 a year. The average actuary wage ranges from $90,000 to $110,000, depending on which industry he or she is in, and where they are located. The top ten percent exceeds over $160,000 before going into upper management. These jobs almost always come with superlative benefits packages, including investment and retirement programs, extended vacations, continued education packages and, naturally, life and health insurance. There is an abundance of information about bachelor science degree on the web.
Considered as a part of the STEM field, actuarial science has more areas of financial support available than some others. Professional organizations inside the science and finance communities have grant funds. In addition, while a standard Pell Grant applies, there is also the S-STEM grant from the National Science Foundation.
