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April 20, 2021

UNH launches new engineering, actuarial science programs

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By Natalie Missakian

The University of New Haven is rolling out two new programs this fall that aim to prepare students for high-demand jobs in business -- one focuses on engineering while the other targets the insurance industry.

The university said it will start offering a bachelor’s degree in actuarial science next fall, noting that actuaries are in high demand among the many large insurance companies operating in Hartford.

Besides the government, insurance companies are the largest employer of actuaries, which measure and manage risk for businesses, UNH said in a blog post on its website.

The program combines math, business, finance and statistics, will feature small classes, and will prepare students to take the first in a series of actuarial exams required to enter the field. 

“The university’s proximity to the ‘insurance capital of the world’ will offer students a variety of internship and employment opportunities,” according to the blog post. 

Graduates of the program may also choose careers as data engineers, financial analysts, insurance analysts or quantitative analysts, UNH said.

UNH is also launching a new merit-based scholarship program, offering 25 full rides to first-year engineering students from underrepresented groups.

Education technology company Edge Pathways is offering the scholarship through UNH beginning this fall. 

“We are excited to collaborate with the University of New Haven to make degrees in technology and engineering more accessible to students from a diversity of backgrounds,” Edge Pathways CEO Dan Sommer said in a statement.

The program was created by educators who were former engineering students, according to Edge.  Participants will meet with instructors and mentors through small-format online classes and have opportunities for internships and co-ops.

Edge said the program seeks to chip away at the roughly 3.5 million engineering and computer science jobs that are expected to go unfilled by 2025, helping provide access and support to complete the rigorous major.

Contact Natalie Missakian at news@newhavenbiz.com

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