College Discussion - View Single Post - Should engineers with only a B.S make more than...

VTBoy · 01-19-2005, 08:49 AM

"Median annual earnings of actuaries were $69,970 in 2002. The middle 50 percent earned between $50,510 and $99,820. The lowest 10 percent had earnings of less than $39,700, while the top 10 percent earned more than $137,650."

The median salary for actuaries is only 70k and the highest 10% make about double that. Very few would make 200k."

That is not correct. You are misunderstanding that. Since most actuaries end up droping out because they are unable to compleate the program. This is from a study which does a survey on actuaries.

http://www.actuaryjobs.com/salary.html

For Casulty actuaries.

The bottom 10% with 20+ years of experience made 124K and the top 10% made around 400K.

01-19-2005, 08:49 AM	#49
VTBoy Member Join Date: Oct 2004 Threads: 37 Posts: 564	"Median annual earnings of actuaries were $69,970 in 2002. The middle 50 percent earned between $50,510 and $99,820. The lowest 10 percent had earnings of less than $39,700, while the top 10 percent earned more than $137,650." The median salary for actuaries is only 70k and the highest 10% make about double that. Very few would make 200k." That is not correct. You are misunderstanding that. Since most actuaries end up droping out because they are unable to compleate the program. This is from a study which does a survey on actuaries. http://www.actuaryjobs.com/salary.html For Casulty actuaries. The bottom 10% with 20+ years of experience made 124K and the top 10% made around 400K.