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Actuarial Science

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What is Actuarial Science?

Actuarial Science is an interdisciplinary field combining mathematics, statistics, and financial economics to conduct quantitative analysis and managements of risks and contingencies. As an Actuarial Science student, you’ll benefit from the program’s strong mathematical foundation and receive rigorous training in probability modeling. You’ll also learn relevant skills in mathematics, statistical and data analysis, economics, and finance. With this degree, you’ll be able to assess the risk of certain actions in any industry and 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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