Actuarial Science

Course Information

Program Overview

Welcome to Actuarial Science at Assumption College! This is a rigorous major with required courses in mathematics, economics, and business studies. Prior to arrival at Assumption, students who haven’t had calculus in high school are encouraged to consider a summer calculus course. At a minimum, entering students must have strong pre-calculus skills.

The curriculum of the Actuarial Science major is designed to prepare students for the first two Actuarial Exams sponsored by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). The table below lists the major’s 15 required courses – each marked with a double asterisk ** – arranged in a suggested schedule. Additional recommended courses, listed at the bottom of this sheet, may be taken as scheduling allows.

Actuarial Science majors are encouraged – but not required – to take the first Actuarial Exam (SOA Exam P, Probability) soon after taking MAT 208. Exam P is a minimum requirement for entry into a summer internship or full-time employment as an actuary in an insurance company program. Advanced students may also consider taking the second Actuarial Exam (SOA Exam FM, Financial Mathematics) before graduation.