Actuarial Science

Expand your skills in modeling, analytics, and actuarial practice and pursue your career as an actuary. This program from a designated Center of Actuarial Excellence will help you learn to evaluate insurance and financial risks for insurance companies, consulting firms, and other organizations that demand actuarial skills. Through courses that are approved by the Casualty Actuarial Society and the Society of Actuaries, you’ll prepare for your professional actuarial examinations. Plus, because the Fox School is home to the Sigma chapter of Gamma Iota Sigma, you’ll benefit from robust professional development that can expand your network—and your opportunities.

Admissions Criteria

Candidates for the Fox Actuarial Science 4+1 program must meet the following guidelines for admission:

  • Meet the general 4+1 program admissions criteria.
  • Complete three calculus courses with a minimum B- grade in each course.
  • Complete a probability course covering discrete & continuous probability distributions with a minimum B- grade.
  • Coursework in microeconomics and macroeconomics with a minimum B- grade is preferred but not mandatory; candidates without this background will follow a curriculum path that includes AS 5105: Actuarial Economics in the spring semester of their junior year.

Courses to Be Completed as an Undergraduate* (12 credits)

Undergraduate Year

Fall Semester

Spring Semester

Junior

AS 5101: Theory of Interest (3 credits)

AS 5106: Actuarial Corporate Finance (3 credits)*

Senior

RMI 5104: Property and Liability Insurance (3 credits)

RMI 5101: Life & Health Insurance and Employee Benefits (3 credits)

*Students without B- grades or better in microeconomics and/or macroeconomics will follow the below curriculum path:

Undergraduate Year

Fall Semester

Spring Semester

Junior

AS 5101: Theory of Interest (3 credits)

AS 5105: Actuarial Economics (3 credits)

Senior

AS 5106: Actuarial Corporate Finance (3 credits)

RMI 5104: Property and Liability Insurance (3 credits) or
RMI 5101: Life & Health Insurance and Employee Benefits (3 credits)

Remaining Master’s Requirements (18 credits)

Fall Semester

Spring Semester

AS 5102: Actuarial Modeling

AS 5103: Actuarial Modeling

AS 5105: Actuarial Economics

IIAS 5104: Actuarial Modeling III

STAT 8109: Regression, Time Series, and Forecasting for Business Applications

AS 5107: Advanced Theory of Interest