Actuarial Science

Mount Mercy University’s actuarial science major has been designed to teach students how to use mathematical and statistical methods to assess and price risk in areas like insurance and investments.

A student working toward an actuarial science degree will have the opportunity to gain a strong analytical foundation and powerful insights into how to manage risk while studying courses in math and finance.

Students undergoing this major will acquire the skills necessary for the preparation needed to pass the Actuarial Science Probability Exam and the Actuarial Science Financial Mathematics Exam. These are the two primary exams that employers of actuaries prefer students pass before being hired as new graduates.

Mount Mercy’s connections in Cedar Rapids and eastern Iowa provide internship opportunities for actuarial science majors that can lead to careers with investment firms and insurance companies.