DePaul University Background Image
Image of DePaul University
Actuarial Science
Actuarial Science (BS)
Actuarial Science (BS)

Actuarial Science (BS)

  • ID:DU10004
  • Level:4-Year Bachelor's Degree
  • Duration:
  • Intake:

Fees (USD)

Estimated Total/program:
Apply
60
Accept letter
100
Visa
20
Fly
1

Admission Requirements

Entry Requirements

  • You are considered an international freshman applicant if you have been educated outside of the U.S. at any time during secondary school (high school).

English Requirements

  • TOEFL: 80 on the IBT TOEFL with no subsection lower than 17.

  • IELTS Academic: 6.5 on the IELTS Academic.

  • Duolingo English Test (DET): 110 on the DET.

  • PTE Academic: minimum English academic score of 53.

  • Revised TOEFL Paper-delivered Test: 59 on the PdT overall with no subsection lower than 17.

  • Apply by November 15 for the Early Action Program or by February 1 for Regular Notification.

Course Information

Actuaries analyze the financial consequences of risk and uncertainty. As an actuarial science major at DePaul, you will learn to interpret statistics to determine probabilities of accidents, sickness, death and the loss of property from theft and natural disasters.

Actuarial science students draw upon mathematics, statistics and financial theory to learn to do the following:

  • Apply the laws of probability and statistics to problems

  • Understand the theory of interest and its applications to the pricing of securities

  • Calculate the financial costs and benefits of insurance for various individuals

  • Design, implement and monitor life contingency models

  • Describe risk management frameworks and identify how specific risks can be quantified

  • Study uncertain future events, concerning risk management and insurance

More information:click here

Course Requirements

  • INTRODUCTION TO ACCOUNTING I

  • INTRODUCTION TO ACCOUNTING II

  • LEGAL & ETHICAL ASPECTS IN THE BUSINESS ENVIRONMENT

  • PRINCIPLES OF MICROECONOMICS

  • PRINCIPLES OF MACROECONOMICS

  • CALCULUS I

  • CALCULUS II

  • CALCULUS III

  • MULTIVARIABLE CALCULUS I

  • LINEAR ALGEBRA

  • PROBABILITY AND STATISTICS I

  • PROBABILITY AND STATISTICS II (Covers topics relevant to the P Exam)

  • PROBABILITY AND STATISTICS III

  • THEORY OF INTEREST

  • MATHEMATICS FOR FINANCE

  • INTRODUCTION TO FINANCE

  • PRINCIPLES OF RISK & INSURANCE

  • SENIOR SEMINAR (Liberal Studies Program Capstone)

  • INTRODUCTION TO COMPUTER SCIENCE I

  • STATISTICAL METHODS USING SAS

  • LIFE CONTINGENCIES I
    and LIFE CONTINGENCIES II

  • LOSS MODELS I
    and LOSS MODELS II

  • BAYESIAN STATISTICS

  • STOCHASTIC PROCESSES

  • APPLIED REGRESSION ANALYSIS

  • APPLIED TIME SERIES AND FORECASTING

  • SIMULATION MODELS AND MONTE CARLO METHOD

  • GENERALIZED LINEAR MODELS

  • DATA ANALYSIS AND REGRESSION

  • ADVANCED DATA ANALYSIS

  • FOUNDATIONS OF DATA SCIENCE

See moreSee less

Pre Courses

No Course!
See moreSee less

Pathway Courses

No Course!
See moreSee less

Career Opportunity

Career Opportunity

Common Career Areas

  • Actuary

  • Assessor

  • Education

  • Cost estimator

  • Credit analyst

  • Insurance underwriter

Ability to settle

Overseas Student Health Cover

Same Courses

Close search