Actuarial Science

Learn to solve problems involving risk

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

For international students: this program is a STEM-designated program, which can qualify you to extend your post-graduation stay in the United States.