Actuarial Science Degree from University of Illinois at Urbana – Champaign Return on Investment
See what the return on investment is for jobs that someone with a Actuarial Science degree from University of Illinois at Urbana – Champaign is likely to work in.
Top job projections for graduates in actuarial science from university of illinois at urbana - champaign
Actuaries
Projection Rating: B+
Median Annual Wage: $120,000
Percentage of Paycheck to Repay: 10.19%-7.58%
Employment Change: 6.6%
Entry-Level Education: Bachelor's degree
The Actuarial Science Degree from the University of Illinois at Urbana-Champaign is not just an academic credential; it’s a strategic investment in your future. With a robust curriculum designed to equip students with essential analytical skills, this program prepares graduates for a successful career in the rapidly growing field of actuarial science.
One of the most compelling aspects of pursuing an actuarial science degree at UIUC is the significant return on investment (ROI). Graduates of this program consistently report higher-than-average salaries, thanks to the high demand for skilled actuaries in various sectors, including insurance, finance, and consulting. According to recent surveys, the average starting salary for UIUC actuarial graduates is notably above the national average, making it a financially wise choice for prospective students.
In addition to competitive salaries, the University of Illinois at Urbana-Champaign offers extensive networking opportunities with industry leaders and alumni. This connection facilitates internships and job placements, further enhancing your career prospects and potential earnings. The university’s strong reputation in the field of actuarial science also adds significant value to your degree, making you a more attractive candidate in the job market.
Furthermore, the program provides comprehensive support for actuarial exams, which are essential for career advancement. With dedicated faculty and resources, students are well-prepared to tackle the rigorous testing required to become a certified actuary, thereby increasing their employability and salary potential.
In conclusion, choosing the Actuarial Science Degree from the University of Illinois at Urbana-Champaign is a smart decision for those looking to maximize their career potential and financial returns. With solid academic training, impressive salary prospects, and extensive networking opportunities, graduates are well-positioned to succeed in a lucrative and rewarding career.
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.