Most students entering Dordt with a strong interest in actuarial science will probably choose an actuarial science major, though a minor is also an option (see a sample four year plan). For students less sure of their career goals, actuarial science is a great entry into careers in both mathematics and finance, as well as a host of related disciplines.
Many actuarial students (both majors and minors) choose majors or minors in mathematics, statistics, and/or finance. Many combinations of majors and minors are possible that allow students to tailor their program to their career and longterm interests.
For example, a double major in actuarial science and finance may be a great idea for a student passionate about mathematics and business, but for whom an actuarial career is only one vocational possibility (sample four year plan). Likewise, double majoring in mathematics and actuarial science may be appropriate for students passionate about mathematics and looking to keep an actuarial science career a strong option, while keeping open other potential career goals in mathematics (e.g., statistics, graduate school, etc.: sample four year plan).
We work with students throughout their college experience to develop a course plan that maximizes student’s ability to reach their potentially changing career and professional goals.
- The actuarial science major consists of a variety of courses in mathematics, statistics, finance, interest theory, probability, actuarial modeling, communication, and computer programming. The courses required for the major will put you on track to pass at least two actuarial certification exams within your first two years, and more before graduating. Doing so will put you in an excellent position to enter the workforce immediately upon graduation and secure at least one summer internship in a prestigious actuarial firm during your time at Dordt. By enrolling in the major, you will have earned all of the possible Validation by Educational Experience (VEE) credits possible at the undergraduate level.
- The actuarial science minor is a good option for students who decide later in their college career to pursue actuarial science or who wish to pursue actuarial science along with another major. The minor in actuarial science requires fewer courses but will still put you in a strong position to enter the workforce as an actuary upon graduation.