Actuarial Science Degree from Olivet Nazarene University Return on Investment
See what the return on investment is for jobs that someone with a Actuarial Science degree from Olivet Nazarene University is likely to work in.
Top job projections for graduates in actuarial science from olivet nazarene university
Actuaries
Projection Rating: B
Median Annual Wage: $120,000
Percentage of Paycheck to Repay: 14.34%-10.67%
Employment Change: 6.6%
Entry-Level Education: Bachelor's degree
When considering an Actuarial Science degree from Olivet Nazarene University, one of the most important factors to evaluate is the return on investment (ROI). An Actuarial Science degree equips students with essential skills in mathematics, statistics, and financial theory, preparing them for a rewarding career in risk assessment and management.
The demand for actuaries continues to rise, driven by the need for businesses and organizations to manage risk effectively. According to the U.S. Bureau of Labor Statistics, employment of actuaries is projected to grow much faster than the average for all occupations. This strong job outlook translates into a favorable ROI for graduates of Olivet Nazarene University’s Actuarial Science program.
Olivet Nazarene University offers a comprehensive curriculum that blends theoretical knowledge with practical application, ensuring students are well-prepared to pass the rigorous actuarial exams. Graduates often secure positions in insurance companies, pension funds, and government agencies, where they can earn competitive salaries. The average starting salary for an entry-level actuary can exceed $60,000, with significant earning potential as professionals gain experience and pass additional exams.
Moreover, Olivet’s emphasis on ethical leadership and community service enhances the educational experience, enabling graduates to stand out in the job market. The university’s robust network of alumni and industry connections further supports students in securing internships and employment opportunities, adding to the value of their degree.
Investing in an Actuarial Science degree from Olivet Nazarene University not only leads to financial benefits but also prepares students to make informed decisions that positively impact society. With a strong educational foundation, a growing job market, and the potential for high earnings, the ROI for this degree is substantial. Explore how you can embark on a fulfilling career in actuarial science and make a difference in the world today.
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.