College of Science and Health > Academics > Mathematical Sciences > Undergraduate > Actuarial Science (BS)

Actuarial Science (BS)

Actuaries analyze the financial consequences of risk and uncertainty. As an actuarial science major at DePaul, you will learn to interpret statistics to determine probabilities of accidents, sickness, death and the loss of property from theft and natural disasters.

Actuarial science students draw upon mathematics, statistics and financial theory to learn to do the following:

  • Apply the laws of probability and statistics to problems
  • Understand the theory of interest and its applications to the pricing of securities
  • Calculate the financial costs and benefits of insurance for various individuals
  • Design, implement and monitor life contingency models
  • Describe risk management frameworks and identify how specific risks can be quantified
  • Study uncertain future events, concerning risk management and insurance

Classes

Coursework

  • Actuarial Science
  • Applied Regression Analysis
  • Mathematical Finance
  • Multivariable Calculus
  • Principles of Risk and Insurance
  • Probability and Statistics
  • Risk Management

Career Options

Common Career Areas

  • Actuary
  • Assessor
  • Education
  • Cost estimator
  • Credit analyst
  • Insurance underwriter
More career info

93%

of Actuarial Science graduates were employed, continuing their education or not seeking employment after graduation.

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Careers

Students graduating with an Actuarial Science degree usually work in:

  • Insurance and reinsurance companies
  • Consulting firms
  • Professional, scientific, and technical services
  • Management of companies and enterprises
  • Funds, trusts, and other financial vehicles
  • Government

One of our strengths is the extensive network of DePaul graduates with successful careers in the industry, both in Chicago and across the nation.

Actuarial Club

We have a very active and diverse Actuarial Science club that hosts a variety of industry informational sessions and recruiting events, as well as frequent study groups and other activities. To connect with them, visit their website, where you can access their calendar of events, sample curricula for all Actuarial Science degrees and concentrations offered at DePaul, actuarial faculty bios, alumni testimonials, and much more.

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