Actuarial Science Concentration Information

Preparing for Certification

A key part of the actuarial profession is the certification process administered by the Society of Actuaries (SOA). The course work you take at Michigan Tech in the actuarial science concentration.

  • Prepares you for the first two actuarial exams (P and FM)
  • Gives you a good start in preparing for exams MLC, MFE, and C, when combined with advanced course work
  • Fulfills three Validation by Educational Experience (VEE) requirements

Students can and should pass the P and FM exams during their undergraduate study. Because actuaries are in great demand, passing these exams and completing an actuarial internship places our graduates in a very competitive position.

Earning VEE Credits at Michigan Tech

Three SOA requirements are met through VEE credit, which students earn by passing these courses with a grade of BC or better


EC 2001 is taken by students fulfilling the concentration requirements. 

Accounting and Finance

These courses are taken by students fulfilling the concentration requirements.

Mathematical Statistics

MA 4760 is not a VEE course, but required prerequisite for MA 4770.

To fulfill this requirement, students should take MA 4760 as a concentration elective (see "Choose one of the following" under the concentration requirements on the degree audit) and MA 4770 as a free elective.

Being an Actuary

The leading professional organization for the actuarial profession is the Society of Actuaries. There is a wealth of information at the SOA and Be An Actuary websites.

Actuaries earn recognition as Associates of the Society of Actuaries (ASA) and Fellows of the Society of Actuaries (FSA) by passing a series of exams and completing other requirements, including VEE course work.