Actuarial Science Degree from University of Central Missouri Return on Investment

See what the return on investment is for jobs that someone with a Actuarial Science degree from University of Central Missouri is likely to work in.

F D C B A
Approximate Total Payment $91,340
Approximate Total Interest $25,852
Monthly Payment $634.30
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in actuarial science from university of central missouri

Actuaries

Projection Rating: A-

Median Annual Wage: $120,000

Percentage of Paycheck to Repay: 6.34%-4.72%

Employment Change: 6.6%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and pursuing an Actuarial Science degree from the University of Central Missouri (UCM) is an opportunity that promises a strong return on investment (ROI). As the demand for skilled actuaries continues to rise, graduates from UCM are well-positioned to enter a lucrative and rewarding career path.

The Actuarial Science program at UCM is designed to equip students with the analytical skills and statistical knowledge necessary to evaluate financial risks in the insurance and finance sectors. With a curriculum that blends mathematics, finance, and economics, students develop a robust skill set that is highly sought after in the job market.

One of the key factors contributing to the ROI of a degree from UCM is the program's strong industry connections. The university has established partnerships with leading companies, providing students with internship opportunities that can lead to full-time employment after graduation. These experiences not only enhance learning but also significantly improve job prospects and earning potential.

Moreover, the average starting salary for graduates with an Actuarial Science degree is impressive, often exceeding $60,000 annually, with the potential for rapid salary growth as they gain experience and pass professional actuarial exams. The combination of a solid educational foundation and industry experience positions UCM graduates as competitive candidates in a growing field.

In addition to financial benefits, an Actuarial Science degree from UCM offers the advantage of a supportive learning environment. With dedicated faculty and resources, students receive personalized attention that fosters academic success and professional development. The university's commitment to student achievement ensures that graduates are not only knowledgeable but also prepared to tackle real-world challenges in their careers.

In conclusion, the Actuarial Science degree from the University of Central Missouri represents a strategic investment in your future. With a strong curriculum, valuable industry connections, and promising salary potential, graduates can expect a substantial return on their educational investment. Choose UCM to embark on a rewarding career in actuarial science and secure your financial future.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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