Actuarial Science

Want to use your math and analytical skills to make a positive impact? You can help people and organizations plan for the future and protect themselves from loss. Actuaries participate in high-level business decision-making and solve real problems in every industry.

Program Description

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.

Certificate Map

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At a Glance: program details

  • Location: Tempe campus
  • Additional Program Fee: No
  • Second Language Requirement: No

Program Requirements

Although no specific degree is required for admission to the actuarial science certificate program, a strong mathematical background is essential (found in majors such as 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 minimum cumulative GPA of 3.00 (scale is 4.00 = "A") and grades of "B" or better in courses of multivariate calculus, linear algebra and introductory statistics at ASU or an equivalent institution.

A student pursuing an undergraduate certificate must be enrolled as a degree-seeking student at ASU. Undergraduate certificates are not awarded prior to the award of an undergraduate degree. A student already holding an undergraduate degree may pursue an undergraduate certificate as a nondegree-seeking graduate student.

Enrollment Requirements

Students must complete a minimum of 15 credit hours from the ACT courses listed below. In order to enroll in ACT courses, a minimum grade of "B" (3.00 on a 4.00 scale) is required for all prerequisite math, statistics and computer programming or applications coursework.

ACT 310 Mathematics of Finance (4)*
ACT 415 Probability for Risk Management (3)*
ACT 430 Mathematics of Financial Derivatives (3)
ACT 435 Actuarial Business Forecasting (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)

* Course requires additional prerequisites. To determine prerequisites for a course, students should consult the class search.

Depending upon a student's undergraduate program of study, additional courses may need to be completed as prerequisites in order to complete the requirements of this certificate.

Program Contact Information

If you have questions related to admission, please click here to request information and an admission specialist will contact you directly.