Actuarial Studies - Major

Major: Actuarial Studies
Degree awarded: Bachelor of Science
Total credit hours: 58
Internship/Practicum opportunities: Visit the Career Development Center for internship information.

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Online Academic Catalog Details / Required Courses

About Actuarial Studies

The continuing growth of insurance and governmental agencies has maintained a constant demand for qualified actuaries. Thiel’s Actuarial Studies program aims to provide students with the mathematical training and business background needed to enter the actuarial profession directly or to prepare for advanced study in actuarial science.

Actuarial Studies Program Objectives

At Thiel College, the bachelor’s degree courses in actuarial studies prepares students to:

Utilize general probability theory to solve problems in the field of financial risk management.
Apply interest theory to calculate the values of and payments for various financial instruments.
Use derivatives to create and evaluate financial positions, especially those involving insurance.
Engage statistical methods to make decisions and analyze situations
Demonstrate effective communication in oral and written forms in the field.
Cultivate interpersonal skills and learn to be a valuable member of a team.
Network with distinguished religion alumni.

Actuarial Studies Curriculum

The program includes core courses focusing on accounting, statistics, economics and data management. Students are encouraged to complete at least one internship and will have multiple networking opportunities with business alumni prior to graduation.

Review the Academic Catalog (2025-2026) for detailed course listings.

Scholarship Opportunities

Thiel College offers scholarships to students for reasons such as academic success, community service or involvement, exemplary leadership and more! The scholarships available to actuarial studies majors are:

The Dr. Judith A Crissman '64 Endowed Scholarship Fund
Elizabeth McElhaney Scholarship
J. Scott Morrison Endowment for Science and Religion
Arthur E. Smith Scholarship Fund
TWC Amelia Earhart Scholarship
Irene Wintersteen Memorial Science Scholarship

Visit our Financial Aid page to learn more about the types of aid available to students.

Clubs and Organizations

It’s easy to get involved on campus at Thiel; joining a student club or organization is an excellent way to meet fellow students and gain leadership experience. An actuarial studies major might be interested in the following student organizations:

National Society of Leadership and Success
Kappa Mu Epsilon (National Mathematics Honorary)

Explore a full list of Thiel student clubs and organizations.

Alumni and Careers

The actuary profession is consistently rated as a top profession in the United States. Graduates of the program often receive multiple job offers and work as: