The Actuarial Science program will prepare you to analyze the financial consequences of risk and uncertainty. You will use mathematics, statistics and financial theory to study uncertain future events, especially those that relate to risk management and insurance programs.
Our actuarial faculty consists of dedicated teachers, industry experts and accomplished academicians.
More specifically, you will learn to:
- Apply the laws of probability and statistics to solve actuarial 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.
Learn more about the Actuarial Science (BSB)
One of our strengths is the extensive network of DePaul graduates with successful careers in the industry, both in Chicago and across the nation.
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
We have a very active and diverse actuarial 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 and for other links of actuarial interest, see the Actuarial Club page.