Actuarial Science (Certificate)

Actuarial science is an area of mathematical and statistical science that requires expertise in specializations of probability and interest theory, coupled with a strong foundation in accounting, finance and economics. This certificate provides students with preparation for professional actuarial credentialing exams offered by the Society of Actuaries and the Casualty Actuarial Society.

Degree Offered

Actuarial Science (Certificate)
Liberal Arts & Sciences, The College of


Major Map

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Application Requirements

Although no specific degree is required for admission to the actuarial science certificate, a strong mathematical background is essential (found in majors including mathematics, statistics, engineering and natural sciences). Students with a major or degree other than those listed will require additional preparation beyond the certificate. Students are required to have a 3.00 cumulative GPA minimum and "B" or better in Multivariate Calculus, Linear Algebra, and Introductory Statistics at ASU or an equivalent institution.

Students admitted to study at Arizona State University are eligible to pursue the requirements of a certificate.

Admission Requirements
Students must complete a minimum of 15 credit hours of course work from the ACT classes listed below. Course prerequisites include: 3.00 GPA minimum, and B or better in Multivariate Calculus, Linear Algebra, Introductory Statistics and Computer Programming course work (completed at ASU or an equivalent institution).

ACT 310 Mathematics of Finance (4)
ACT 415 Probability for Risk Management (3)
ACT 430 Mathematics of Financial Derivatives (3)
ACT 440 Life Contingencies I (3)
ACT 441 Life Contingencies II (3)
ACT 450 Actuarial Models and Modeling I (3)
ACT 451 Actuarial Models and Modeling II (3)

All students are required to meet general university admission requirements.

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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.