Actuarial Science Degree from Milwaukee School of Engineering Return on Investment
See what the return on investment is for jobs that someone with a Actuarial Science degree from Milwaukee School of Engineering is likely to work in.
Top job projections for graduates in actuarial science from milwaukee school of engineering
Actuaries
Projection Rating: B-
Median Annual Wage: $120,000
Percentage of Paycheck to Repay: 15.85%-11.79%
Employment Change: 6.6%
Entry-Level Education: Bachelor's degree
When considering an Actuarial Science Degree from Milwaukee School of Engineering (MSOE), understanding the return on investment (ROI) is crucial for prospective students. This specialized degree not only equips you with essential skills in mathematics, statistics, and financial theory but also opens the door to a lucrative career in the insurance and finance industries.
MSOE's actuarial science program is designed to prepare students for the rigorous exams required to become a certified actuary. With a strong emphasis on practical experience and industry connections, graduates are well-positioned to enter the workforce immediately upon completion of their degree. The program's curriculum aligns closely with the requirements set by professional actuarial organizations, ensuring that you are learning relevant and applicable content.
In terms of ROI, the potential earnings for actuaries are significant. According to recent industry data, the median annual salary for actuaries in the United States is well above the national average, and many experienced actuaries earn six-figure salaries. Additionally, the demand for skilled actuaries is expected to grow, providing job security and opportunities for advancement in various sectors, including healthcare, pension planning, and risk management.
Moreover, MSOE's strong reputation and extensive alumni network can further enhance your job prospects. Employers often seek candidates from reputable institutions, and MSOE's focus on hands-on learning and industry partnerships means you will graduate ready to tackle the challenges of the actuarial field.
Ultimately, pursuing an Actuarial Science Degree from Milwaukee School of Engineering is not just an academic endeavor; it is a strategic investment in your future. With a solid foundation in analytical skills, a clear pathway to certification, and strong earning potential, the ROI on your degree can be substantial. Make a wise choice for your career by considering the actuarial science program at MSOE.
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.