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Actuarial Science, BS

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  2. Undergraduate Degrees
  3. Actuarial Science, BS

At a Glance: program details

  • Location:
    Tempe campus
  • Additional Program Fee: Yes
  • Second Language Requirement: No
  • Math Intensity: Substantial program math intensity substantial
  • Initial Math Course: MAT 270 - Calculus w/Analytic Geometry I

Required Courses (Major Map)

Major Map on-campus archive

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Learn to examine risk through the lens of mathematics, and enjoy a career that enables you to devise creative solutions that minimize risk and maximize reward.

Program Description

Students in the BS degree program in actuarial science combine tools from mathematics, statistics and finance to measure the impact of risk, resulting in improved forecasting and decision-making.

The degree's core classes prepare students for the required professional actuarial credentialing exams offered by the Society of Actuaries and the Casualty Actuarial Society. The school also offers reimbursements upon completion for the cost of taking these exams. The actuarial science program has a strong partnership with the local insurance industry, leading to many internship and scholarship opportunities for students.

In addition to reviewing the guidelines in the Concurrent Program Options section below, students interested in pursuing concurrent or second baccalaureate degrees in The College of Liberal Arts and Sciences are advised to visit The College's website for more information and requirements.




Admission Requirements

All students are required to meet general university admission requirements.

Freshman Transfer International Readmission


Transfer Options

ASU is committed to helping students thrive by offering tools that allow personalization of the transfer path to ASU. Students may use the Transfer Map search to outline a list of recommended courses to take prior to transfer.

ASU has transfer partnerships in Arizona and across the country to create a simplified transfer experience for students. These pathway programs include exclusive benefits, tools and resources, and help students save time and money in their college journey. Students may learn more about these programs by visiting the admission site: https://admission.asu.edu/transfer/pathway-programs.


Change of Major Requirements

Current ASU students who wish to change their major to actuarial science should have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A"), have completed at least MAT 265 Calculus for Engineers I or MAT 270 Calculus with Analytic Geometry I and CIS 105 Computer Applications and Information Technology (or CSE 100 or CSE 110), and have earned a "B" grade or better in all critical classes they have already completed.

Students should refer to https://changingmajors.asu.edu for information about how to change a major to this program.


Flexible Degree Options

Accelerated program options

This program allows students to obtain both a bachelor's and master's degree in as little as five years.
It is offered as an accelerated bachelor's and master's degree with:

Actuarial Science

Actuarial Science

Do you want to make the most of your talents in math and predictive analysis? Become an expert in finding ways to assess, calculate and manage risk, and participate in high-level business decision-making.

Website | Locations: TEMPE


Acceptance to the graduate program requires a separate application. During their junior year, eligible students will be advised by their academic departments to apply.

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Career Outlook

Actuary is consistently ranked as one of the best jobs in America. It offers a high income in a low-stress environment, with excellent job security, growth opportunities and work-life balance.

Risk is a part of daily life, and wherever there is risk, there are opportunities for actuarial intervention. Many actuaries work with insurance companies to calculate premiums, determine reserves needed to ensure an organization's financial health, and ensure that organizations conform to stringent, complex legal mandates. Others help companies to establish retirement plans or are employed as consultants.

Graduates with a Bachelor of Science in actuarial science possess skills that are transferable to any industry and any organization that requires risk modeling and management, including:

  • colleges and universities
  • consulting firms
  • energy and environmental companies
  • financial services
  • government agencies
  • insurance companies
  • retirement and pension companies
  • transportation companies

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:

Actuaries

  • Growth: 23.2%
  • Median Salary*: 113990
  Bright Outlook

Business Intelligence Analysts

  • Growth: 35.2%
  • Median Salary*: 103500
  Bright Outlook

Compliance Managers

  • Growth: 3.3%
  • Median Salary*: 128620

Economists

  • Growth: 6.3%
  • Median Salary*: 113940
  Bright Outlook

Financial and Investment Analysts

  • Growth: 7.6%
  • Median Salary*: 95080
  Bright Outlook

Claims Adjusters, Examiners and Investigators

  • Growth: -3.1%
  • Median Salary*: 72230

Insurance Underwriters

  • Growth: -2.4%
  • Median Salary*: 76230

Investment Fund Managers

  • Growth: 16%
  • Median Salary*: 139790
  Bright Outlook

Loan Officers

  • Growth: 2.9%
  • Median Salary*: 65740

Statisticians

  • Growth: 31.6%
  • Median Salary*: 98920
  Bright Outlook

* 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 OutlookBright Outlook | Green Occupation Green Occupation

Professional Licensure

ASU programs that may lead to professional licensure or certification are intended to prepare students for potential licensure or certification in Arizona. Completion of an ASU program may not meet educational requirements for licensure or certification in another state. For more information, students should visit the ASU professional licensure webpage.



Global Opportunities

Global Experience

Study abroad students are able to enhance their resumes with the heightened cultural competency, and leadership and critical thinking skills they acquire through this valuable experience.

Each of the more than 300 Global Education program options, whether in a foreign country, in the U.S. or online, provides an opportunity for students to develop a valuable skill set that can give them an advantage in their career as well as personal enrichment. Global Education programs encourage students to build communication skills, challenge them to adapt and persevere, expose them to differences around the world and enhance their ability to work with diverse groups of people.



Program Contact Information

If you have questions related to admission, please click here to request information and an admission specialist will reach out to you directly. For questions regarding faculty or courses, please use the contact information below.

  • math@asu.edu
  • 480/965-7195


Concurrent degree programs are specially designed academic programs which provide high-achieving undergraduate students the opportunity to complete two distinct but complementary bachelor degrees at the same time. Students must meet minimum admissions standards for both programs and be accepted individually by both colleges offering the concurrent program.
Students pursuing concurrent degrees earn two distinct degrees and receive two diplomas. ASU offers students two ways to earn concurrent degrees: by choosing a predetermined combination or creating their own combination. Predetermined combinations have a single admissions application and one easy to follow major map. To add a concurrent degree to your existing degree, work with your academic advisor. Either way, concurrent degrees allow students to pursue their own personal or professional interests.
Accelerated bachelor's and master's degree programs are designed for high-achieving undergraduate students who want the opportunity to combine undergraduate coursework with graduate coursework to accelerate completion of their master's degree. These programs feature the same high-quality curriculum taught by ASU's world-renowned faculty.
ASU students may accelerate their studies by earning a bachelor's and a master's degree in as little as five years (for some programs) or by earning a bachelor's degree in 2.5 or 3 years.

Accelerated bachelor's and master's degree programs are designed for high-achieving undergraduate students who want the opportunity to combine undergraduate coursework with graduate coursework to accelerate completion of their master's degree. These programs, featuring the same high-quality curriculum taught by ASU's world-renowned faculty, allow students to obtain both a bachelor's and a master's degree in as little as five years.

Accelerated bachelor's degree programs allow students to choose either a 2.5- or a 3-year path while participating in the same high-quality educational experience of a 4-year option. Students can opt to fast-track their studies after acceptance into a participating program by connecting with their academic advisor.
This is only the first required math course. This program may contain additional math courses; See Major Map for details.
The level of intensity represents a measure of the number and academic rigor of math courses required.
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the General level: MAT 142
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the Moderate level: MAT 117, MAT 119, MAT 170, MAT 210, SOS 101, CPI 200
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the Substantial level: MAT 251, MAT 265. MAT 266, MAT 267, MAT 270, MAT 271, MAT 272, MAT 274, MAT 275
A rolling deadline means that applications will continue to be reviewed on a regular basis until the semester begins. International students should be mindful of visa deadlines to ensure there is time to produce necessary visa documents. Applicants are encouraged to complete and submit application materials as soon as possible for consideration.
A final deadline means that all applications and application materials must be received by Graduate Admissions by the deadline date. Applications that are incomplete may not be considered after the final deadline. Applications that are submitted past the final deadline may not be considered.
A priority deadline means that applications submitted and completed before the priority deadline will receive priority consideration. Applications submitted after the priority deadlines will be reviewed in the order in which they were completed and on a space available basis. An application is complete after all materials are received by Graduate Admissions.
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