Turn numbers into insights
Actuarial Science Degree
Are you fascinated by mathematics, statistics, or financial risk management? Do you enjoy problem-solving and analytical thinking? Our actuarial science degree program might be the perfect fit for you! This major is designed to equip you with the skills and knowledge needed to succeed in the dynamic and rewarding career.
Tomorrow's analysts are getting prepared right here.
From data to decisions, lead the way in financial forecasting and risk management with an actuarial science degree.
Actuarial science is a discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries. Actuaries are essential in helping organizations manage uncertainty and make informed decisions. The Anderson University actuarial science degree provides a strong foundation in mathematics, economics, statistics, and finance.
Our courses cover a wide range of topics including probability, statistics, financial mathematics, and actuarial models. You’ll gain a deep understanding of the theoretical and practical aspects of risk management.
EXPLORE THE ACTUARIAL DEGREE
Throughout AU’s actuarial science degree program, you’ll explore how businesses encounter risks and how mathematics can help understand and start to reduce those risks. Our emphasis on mathematical theory is crucial to your success. At AU, we go beyond basic calculations to uncover why math works, not just how. This focus will prepare you to grasp complex connections, analyze interconnected data, and consider intricate risk factors effectively.
Program
This bachelor of arts actuarial science degree program is interdisciplinary, which means you will be taught by our talented faculty from the Falls School of Business and the Department of Mathematics.
Classes
Among the classes in the 53-hour major are:
- Business Finance
- Calculus
- Investments
- Mathematics of Finance
- Money & Banking
- Numerical Analysis
- Problem Seminar
- View the courses required.
Careers
- Banking
- Corporate Finance
- Financial Planning
- Financial Analysis
- Insurance Companies
- Consulting Firms
- Government Agencies
- Financial Institutions
- Corporate Risk Management
Actuaries are well-compensated and enjoy excellent job security. According to the Bureau of Labor Statistics, the employment of actuaries is projected to grow much faster than the average for all occupations.
ActuarY earnings soar!
Each year, actuary professionals have high earning potential in the United States. The U.S. Bureau of Labor Statistics (BLS) shares that the employment of actuaries is projected to grow 22% from 2023 to 2033, much faster than the average for all occupations. So what does this mean for you? It means that an actuarial science degree and certification is well worth the time and effort.
In May 2023, the median annual wages for actuaries in the top industries in which they worked were as follows:
| Industry | BLS Stats | Mean Annual Salary |
| Finance and insurance | Actuaries | $120,800 |
| Professional, scientific, and technical services | Actuaries | $120,060 |
| Government | Actuaries | $115,710 |
| Management of companies and enterprises | Actuaries | $103,120 |
Meet our math and business faculty during your campus visit.
_ Math & Business Programs
Dr. Celesta S. Bates
DBA Program Director and Graduate Business Program Director, Professor of Accounting
Dr. Fred A. Coon
Assistant Professor of Mathematics
Veronica Dougherty-Denny
Assistant Professor of Management
Dr. Emmett Dulaney
Professor of Marketing; Director of Doctoral Studies
Allison Eddleman
Asst. Professor of Management
Karen Innocenti
Administrative Lead, College of Business, Engineering, Sciences, and Technology (CBEST)
Dr. Justin Lambright
Professor of Mathematics, Department Chair
Jongdoo Lee
Assistant Professor of Finance
Dr. Lonnie Leeper
Dean, College of Business, Engineering, Science, & Technology
James Newton
Undergraduate Program Director, Assistant Professor of Sport Marketing
Anna Rasco
Asst. Professor of Management
Thom Reddington
Assistant Professor of Management
Dr. Hyeon Joon Shin
Associate Professor of Economics
Dr. Vanessa Tijerina
Associate Professor of Accounting
Dr. Gerard Lee Van Groningen
Professor of Mathematics
The Anderson You
You have unique interests and skills that set you apart. Explore the free My College Career Quiz to receive a personalized list of majors selected just for you. We’ve taken out the guessing work. Come find the Anderson you.