Bachelor of Science (B.S.) in Actuarial Sciences
Join a groundbreaking major that equips you with diverse skills, offering a strong job outlook, high earning potential and adaptability across industries.
Learn how to utilize mathematics, statistics and finance to assess risk in a range of industries.
Actuarial Science Degree at a Glance
Program Type
Major
Mode of Study
On Campus
Internship
Guaranteed
Est. Time
4 Years
Start Terms
Fall, Spring
Cost
School
Accreditation
Tell Me More About Merrimack's Actuarial Sciences Major
"*" indicates required fields
The Actuarial Sciences Major
Our actuarial sciences major is designed to equip you with a versatile skill set that spans across multiple industries making it an increasingly popular choice for those looking to blend expertise in mathematics, finance and statistics.
What You'll Study
Your academic journey will be a collaboration of mathematics, finance, accounting and statistics courses including:
Calculus
Linear Algebra
Microeconimics
Macroeconomics
Data Science
Corporate Finance
Probability and Statistics
Managerial Finance
Data Mining
Data Analysis
Skills You'll Learn
Utilize the diverse skill set you’ll develop at Merrimack to analyze financial risks for businesses with a focus on key areas such as:
Statistical Analysis
Ethical Reasoning
Analytical Problem Solving
Data Interpretation
Actuarial Sciences Courses You'll Take
LINEAR
ALGEBRA
MTH 3335
An introduction to linear algebra and its applications. This course will cover systems of linear equations, matrices, determinants, vector spaces and change of basis, inner product spaces and orthogonality, linear transformations and eigenvalues and eigenvectors.
MANAGERIal
finance
FIN 2500
This course introduces the basics of finance by providing a comfortable level of understanding of corporate finance and financial markets and securities for all business majors. Develop the financial skills and knowledge to help you make good managerial decisions.
foundations in
data science
dse 1001
An introduction to data science focused on the three fundamental skills of data exploration, data wrangling and data visualization. We will use the statistical software packages R and RStudio to create numerical and graphical summaries.
See All Courses & Options Available to [PROGRAM NAME] Majors
[PROGRAM NAME] Major Requirements
General Education Requirements
In addition to the major requirements below, you will also need to complete Merrimack’s general education requirements.
To see more details about the major, please visit catalog.merrimack.edu.
Sample Four-Year Schedule - Curriculum Guide
Why Choose the Bachelor of Science in Actuarial Sciences?
Learn more about why Merrimack’s actuarial sciences degree is the right choice for you!
INTERDISCIPLINARY EDUCATION
Be prepared to enter a multitude of fields with a degree that blends finance, accounting, data science, mathematics and statistics.
CAREER GROWTH
Develop an area of expertise within the field of actuarial sciences and continue to grow within the industry.
INTERNATIONAL OPPORTUNITIES
Want to travel? The language of actuarial sciences is easily understood everywhere. Become a consultant and travel to different countries.
Career Outlook: Where Can an Actuarial Sciences Degree Take You?
Career Outcomes Rate
94% of the undergraduate class of 2023 in Arts & Sciences were either employed, participating in voluntary service or continuing their education within nine months of graduation.
Experiential Learning
90% of the undergraduate class of 2023 participated in at least one internship, co-op, clinical, practicum or research opportunity while at Merrimack.
Graduate School
Merrimack, New England School of Law, George Washington University and Boston College are just some of the graduate programs Arts & Sciences graduates are attending.
Jobs with an Actuarial Sciences Degree
Upon completing our program, you’ll be well-equipped to pursue graduate study or a career in actuarial sciences and related disciplines. Positions may include:
- Actuary
- Underwriter
- Insurance Broker
- Claims Adjuster
- Risk Manager
- Investment Analyst
Beyond the Classroom
Student Life
You’ll have endless opportunities to find your fit, get involved and pursue what makes you happy—all while making lifelong friends (and memories!).
Explore your passions alongside others with similar interests, whether that means a cappella singing or outdoor adventuring.
- 70+ student organizations
- Division I Athletics, club and intramural sports
- Beloved traditions like Homecoming, Block Party and Spring Concert
- Fraternities and sororities
Internships & Co-Ops
Our students gain valuable work experience and connections with leading companies through guaranteed internships and the Warriors at Work co-op program. Recent placements include:
- Interning with Homeland Security Investigations, shadowing special agents
- Interning at Delta Tech-Ops, working in components engineering
- Working as a tax intern at Baker Tilly
Research with Faculty
With access to cutting-edge tools, undergraduate students can collaborate with faculty on research projects that can lead to presentations and publications.
- Explore the complexities of the human mind in a state-of-the-art psychology lab.
- Understand how inflammation affects immune cell aging in our Shared Instrumentation and Research Facility.
- Build fully functional battle bots for competitions.
Study Abroad
Global Merrimack provides transformative, once-in-a-lifetime experiences.
Our 30+ study abroad programs include semesters abroad, faculty-led trips and international internships.
- Explore and study in the Dominican Republic or Iceland.
- Immerse yourself in cities like Dublin, Madrid or Rome.
- Experience a semester at sea or intern in vibrant cities like London or Paris.
Service Learning
Community and service are at the heart of our Augustinian mission.
Over 1,000 students work together to engage in hands-on service learning projects each year, supporting our communities and those in need.
- Participate in our campus-wide Mack Gives Back volunteer days.
- Spend your winter, spring, or summer break on an immersive SEND trip in the U.S. or abroad, helping those in need.
- Tutor students in nearby school districts.
See for Yourself
Programs Related to the Actuarial Science Major
Explore other areas and where they can take you.
Take the Next Step (We're Here to Help)
At Merrimack, we are ready to meet you where you are and get you where you want to go. And, we make the process simple along the way!
Upcoming Events
Info Session & Campus Tour
Monday-Friday & Most Saturdays
Attend a 20-minute info session led by an admission counselor and then take a student-led campus tour. Registration is required.
Merrimack College Awards & Recognition
U.S. News & World Report | Best Regional Universities North (2024)
- Most Innovative Schools (#5)
- Regional Universities North (#39)
- Best Undergraduate Teaching (#19)
- Best Colleges for Veterans (#15)
- Best Value Schools (#51)
Tell Me More About Merrimack's Actuarial Sciences Major
"*" indicates required fields
