Actuarial Science (BS)

The BS program in actuarial science at ASU provides the tools to succeed in this dynamic career.

Actuarial science majors learn to use tools from mathematics, statistics and finance to measure the impact of risk in order to improve forecasting and decision-making in business and government. Actuaries must pass a series of intensive professional exams to become credentialed, and this degree program prepares students for these exams.

Actuaries enjoy an excellent starting salary, exceptional job security with numerous opportunities for career growth.

Degree Offered

Actuarial Science (BS)
Liberal Arts & Sciences, College of

Location
Tempe

Major Map

A major map outlines the degree’s requirements for graduation.

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Application Requirements

Learn more about the actuarial science program at Arizona State University.

All students are required to meet general university admission requirements.
Freshman
Transfer
International
Readmission

Affording College

Scholarships
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Financial Aid
ASU has many financial aid options. Almost everyone, regardless of income, can qualify for some form of financial aid. In fact, more than 70 percent of all ASU students receive some form of financial assistance every year.

Career Outlook

Risk is a part of daily life, and wherever there is risk, there are opportunities to be an actuary. Many actuaries work with insurance companies to calculate premiums, determine reserves needed to ensure an organization's financial health and to make sure organizations conform to stringent, complex legal mandates. Others help companies to establish retirement plans or are employed as consultants. With a Bachelor of Science degree in actuarial science, students acquire skills that are transferable to any industry and any organization that requires risk modeling and management, including:

  • accounting firms
  • colleges and universities
  • energy, such as utilities, oil and gas
  • environment (on issues such as climate change and the financial impact or risk of extreme events)
  • financial services, such as banking and investment management
  • government agencies such as Social Security, the Department of Labor, and Medicare (to manage social programs and to develop regulations and legislation)
  • transportation, such as shipping and air travel

Students can also apply the advanced problem-solving skills learned in the actuarial science undergraduate program to a variety of other professional careers, including:

  • analysts
  • business operations specialists
  • consultants
  • teachers

Example Careers

Students who complete this degree program may be prepared for the following careers. Advanced degrees or certifications may be required for academic or clinical positions. Career examples include but are not limited to:


Career*growth*median salary
Actuaries 18.1%$96,700
Business Intelligence Analysts 3.3%$83,410
Compliance Managers 3.9%$105,060
Economists5.7%$95,710
Environmental Economists 5.7%$95,710
Loan Counselors 15.5%$42,110
Financial Analysts 11.7%$78,620
Insurance Sales Agents 9.3%$47,860
Claims Examiners, Property and Casualty Insurance3.3%$62,220
Insurance Underwriters-11.4%$64,220
Investment Fund Managers 3.9%$105,060
Investment Underwriters 4.9%$65,440
Regulatory Affairs Managers 3.9%$105,060
Statisticians 33.8%$79,990

* Data obtained from the Occupational Information Network (O*NET) under sponsorship of the U.S. Department of Labor/Employment and Training Administration (USDOL/ETA).

  • Bright Outlook
  • Green Occupation

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