ESU Announces Minor in Actuarial Science

Posted by: Elizabeth Richardson on September 23, 2020, No Comments

East Stroudsburg University of Pennsylvania announced a new actuarial science minor in its mathematics department. Actuaries use mathematics to study uncertain future events. They answer questions like “how much money do we need to invest now to meet our pension obligations in the future?” and “what insurance rate do we need to make the required payouts?”

The minor, which consists of six courses, is an opportunity for interested students to earn a credential that shows potential employers they have the background to be successful as an actuary. “The program is for students who love math, statistics, data, and most importantly, a challenge,” said Olivia Carducci, Ph.D., professor and chair of the mathematics department. “ESU’s faculty in the mathematics department includes professors with a Ph.D. in analysis and statistics. They have successfully prepared students for this career and are excited to extend the opportunity to even more students.”

The minor in actuarial science will allow students to complete the necessary courses that correspond to the requirements of the probability and financial mathematics exams of national and international actuarial societies. Actuary has consistently been rated among the best careers. Anthony Walker, a 2017 ESU graduate, believes this is true. “Being an actuary is a very fun and very challenging career. I enjoy the rotational aspect of my current actuarial program, which allows me to see various parts of the company and work with different people and departments. ESU provided me an excellent mathematical foundation, and the professors helped me to start on the road to passing exams.”

For more information about the new actuarial science minor, visit esu.edu/actuarialscience or contact Olivia Carducci, Ph.D., professor of mathematics and department chair at 570-422-3444 or email ocarducci@esu.edu.