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 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. Courses in this major may count toward the Validation by Educational Experience (VEE) required by the societies if the students complete those courses with a grade of B or better. Additional course work may be required for certification by professional societies.

Check departmental information for any additional requirements.