Actuarial Science (BS)

Why major in Actuarial Science?

Actuarial Science is the study of risk and probability. Actuaries manage risk for businesses, drawing on a passion for mathematics, analytics, statistics, and human behavior. As problem-solvers, they analyze the financial costs of risk and uncertainty and help organizations plan for the future. A bachelor’s degree in Actuarial Science will prepare you to enter the workforce in a career at insurance companies, consulting firms, government agencies, accounting firms, industrial corporations, banks, or financial services companies.

Why major in Actuarial Science at AU?

At Aurora University, our experienced faculty will teach you the latest in Actuarial Science. At AU, your studies will include an emphasis on mathematics and business, in which you will hone your research, analysis, and critical-thinking skills. This knowledge will prepare you for the entry-level exams you will need to start a successful career.

Actuaries need a bachelor’s degree and must pass a series of exams to become certified professionals. AU professors know what it takes to study hard and pass the exams, so they will guide you through the entire process of applying and studying for them. You’ll also be encouraged to pursue an internship that will put your education to work and prepare you for a fulfilling career.

Expand your career opportunities with a double major in Accounting, Business Administration, Computer Science, Finance, or Mathematics. Even with a second major, you’ll still be able to graduate in four years.

An accountant is someone who attempts to value the present. An actuary is someone who attempts to value the future. Society of Actuaries
Spartan Story

Spartan Story: Myrna Garcia ’20 liked math and business. After talking to a professor, she discovered that actuarial science was the perfect blend of the two.


2022 annual median salary for actuaries


2022-2032 projected job growth rate

Source: U.S. Bureau of Labor Statistics
Curriculum Highlights
  • Accounting
  • Calculus
  • Corporate finance
  • Computer science
  • Data analytics
  • Data structures
  • Economics
  • Financial mathematics
  • Mathematical statistics
  • Probability
Campus Opportunities
  • Aurora University Finance Association
  • Kappa Mu Epsilon Honorary Organization
  • Mathematical Sciences Association
  • Student Accounting Society
Experiential learning

Experiential learning

The Actuarial Science program requires a series of statistics projects. You will gather and analyze data from sources and interpret their importance. You will also complete a capstone project on a topic of your choice.

Career possibilities

  • Actuarial analyst
  • Actuarial associate
  • Actuarial technician
  • Budget analyst
  • Business analyst
  • Claims adjustor
  • Data analyst
  • FBI/CIA analyst
  • Financial analyst
  • Insurance underwriter
  • Market researcher
  • Pension analyst
  • Research analyst

Where our graduates work

  • Allstate
  • Chicago Board of Trade
  • Cisco
  • State Farm Insurance