Actuarial Science (Business)

The Actuarial Science program will prepare you to analyze and help organizations manage the financial consequences of risk and uncertainty. You'll learn to interpret statistics to determine probabilities of accidents, sickness, death and/or the loss of property from theft, cybercrime, natural disasters and other phenomena.  Graduates will be equipped with the skills necessary to sit for actuary certification exams.

In the program, you'll use mathematics, statistics and financial theory to study uncertain future events, especially those concerning risk management and insurance. You'll also learn to apply the laws of probability and statistics to problems, and calculate the financial costs and benefits of insurance for various individuals. Conferences and networking opportunities hosted by DePaul’s Arditti Center for Risk Management provide you with opportunities to explore real-world risk management issues and make industry contacts.

DePaul is located in the heart of Chicago's financial and business community, giving you access to insurance companies, consulting and investment firms, government agencies and other organizations for internships and jobs after graduation.

Classes

Sample Courses:

  • Applied Regression Analysis
  • Linear Algebra
  • Money and Banking
  • Multivariable Calculus
  • Principles of Corporate Finance for Actuaries
  • Principles of Risk and Insurance
  • Probability and Statistics
  • Risk Management
Major Requirements Schedule of Classes

Career Options

Common Career Areas:

  • Actuary
  • Assessor
  • Claims adjustor
  • Cost estimator
  • Credit analyst
  • Financial planner
  • Insurance underwriter
  • Risk analyst
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