Actuarial science is the management of risk. Life is full of uncertainties and risk. Risk is the likelihood that an undesirable event will occur but it is also an opportunity. Actuarial science uses mathematics, probability and statistics to plan how to evaluate resolve or decrease the impact that undesirable events could have in people life. The actuarial science concentration at Saint Francis University prepare our student for the first two exams required to become an actuary. For students who prefer academic research, this concentration will prepare them for graduate study in actuarial science, as well as many other different fields.
An actuary can work wherever risk is involved. Actuaries apply analytical skills and business knowledge to solve problems is diverse areas such as banking and Finance Services, Enterprise Risk Management, Environmental Actuaries, Health and Retirement Financing, Pension, Wealth management and Financial Planning.
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