UC Riverside’s School of Business is now offering a degree in actuarial science, providing a direct path for students seeking careers in finance and insurance.
Actuarial science is a discipline that involves assessing financial risks using mathematical and statistical methods. Most who study it go on to work in high-paying positions in finance and insurance.
The school began offering the major this academic year and will include it in admissions applications in fall 2023. Only two other University of California campuses, UCLA and UC Santa Barbara, have an actuarial science program, and UCR is the only UC to offer it through its School of Business.
The new major adds to the number of undergraduate programs offered at the school and is expected to attract more students interested in the specialized and lucrative field.
Actuarial science dates to the 1800s but many colleges and universities don’t offer it, said Jennifer Osborne,…
