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Actuarial Science

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What is Actuarial Science?

Actuarial Science is a field that combines other fields to find the numbers behind risks and contingencies. In this major, you’ll enjoy the program’s strong foundation of mathematics and receive training in probability modeling. You’ll also learn important skills in math, data analysis, economics, statistics, and finance. With this degree, you’ll be able to determine the risk of certain actions in any industry. Using that information, you will consult on whether those plans are the best course of action.

Career Options

  • Actuarial science
  • Data analysis
  • Quantitative financial analysis
  • Predictive modeling
  • Risk analysis
  • Risk management

Post-Graduation Success1

86% employed or continuing education

72% employed after graduation

14% attending graduate school

$61,333 average starting annual income

Sample employer destinations: Willis Towers Watson, PricewaterhouseCoopers (PwC), Mercer

Sample grad school destinations: Columbia University, University of Illinois at Urbana-Champaign, University of California, Berkeley

Academic Profile Middle 50% 2

29 - 33 ACT Score

1340 - 1480 SAT Score

3.50 - 3.95 High School GPA

Annual Program Costs

Illinois Resident

  • Tuition: $12,036
  • Fees: $4,174
  • Expenses3: $15,180
  • Total: $31,390

Non-Resident

  • Tuition: $29,178
  • Fees: $4,174
  • Expenses3: $15,520
  • Total: $48,872

International

  • Tuition: $31,552
  • Fees: $4,174
  • Expenses3: $15,520
  • Total: $51,246
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