Feb 29, 2024  
2023-2024 Undergraduate Catalog 
2023-2024 Undergraduate Catalog

Actuarial Science (B.S.)

The student learning outcomes for this degree are located at www.niu.edu/assessment/clearinghouse/outcomes/index.shtml.

This major prepares students for careers in the actuarial profession and helps them learn material included in the Exams P / 1 (Probability), FM / 2 (Financial Mathematics), and Statistics and Risk Modeling of the Society of Actuaries (SOA) / Casualty Actuarial Society (CAS). A few courses relevant to Exam C / 4 (Construction and Evaluation of Actuarial Models) of the SOA / CAS, and to Exam MLC (Models for Life Contingencies) of the SOA are also available to actuarial students. The major also provides the Validation by Educational Experience (VEE) required by the societies if the students complete those courses with a grade of B or better.

Check departmental information for any additional requirements.

Requirements in Department (40)

Requirements outside Department (32)

Total Hours for a Major in Actuarial Science: 72 (B.S.)

Recommendations for Actuarial Students

A minor in computer science is highly recommended.