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Actuarial Sciences

Graphs written on whiteboard | actuarial sciences


The management of uncertainty and risk is a crucial undertaking for many companies. Once limited to the insurance field, actuaries now help companies in all areas where modeling and risk management play an important role. Actuaries model claims risk for insurance companies, build models of loan defaults, price options in financial markets, predict the value of economic variables, estimate the risk and cost of adverse events and so much more. An actuarial science major trains to mathematically model uncertainty and risk. Surveys show that actuaries have one of the highest job-satisfaction ratings with challenging work, high financial compensation and strong job security.



Mathematics & Economics

Applied Mathematics



  • Mathematical Finance
  • Probability and Statistics
  • Optimization
  • Survival Analysis
  • Micro and Macroeconomics
  • Econometrics
  • Financial Management
  • Database Design


  • Actuary
  • Enterprise Risk Manager
  • Financial Analyst
  • Economic Analyst
  • Data Scientist


  • Finance
  • Financial Mathematics
  • Data Science
  • Statistics
  • MBA

What’s special about this program?

We are one of a select group of universities offering a dedicated undergraduate degree in Actuarial Sciences. Due to the interdisciplinary nature of our curriculum, our graduates are prepared to take at least the first two actuarial exams before they graduate and have completed their Validation by Educational Experience requirements mandated by the Society of Actuaries.  However, our students also have a strong mathematical background, which can also lead to positions in other fields. We have an actuary-oriented student club and a LinkedIn group where students and alumni can network regarding exams and careers. Our Career Services Center helps students in this program obtain summer actuarial internships and the alumni of our program recruit our students for summer internships.

Get involved

Undergraduate Research

Honors College

Actuarial Sciences Club

Math Club

Putnam Competition

Mathematical Contest in Modelling

Sample Curriculum

CISC 106 - General Computer Science for Engineers ECON 103 - Introduction to Macroeconomics
ECON 101 - Introduction to Microeconomics MATH 210 - Discrete Mathematics I
ENGL 110 - First-Year Writing MATH 219 - Data Science I
MATH 241 - Analytic Geometry and Calculus A MATH 242 - Analytic Geometry and Calculus B
Breadth Requirement (Group A/B)  Breadth Requirement (Group A/B)
First Year Seminar  
Credits: 17 Credits: 16


MATH 243 - Analytic Geometry and Calculus C ACCT 207 - Accounting I
ECON 301 - Intermediate Microeconomic Theory with Calculus MATH 247 - Introduction to Actuarial Mathematics    
MATH 349 - Elementary Linear Algebra ECON 304 - Intermediate Macroeconomic Theory with Calculus  
MATH 350 - Probability Theory and Simulation Methods or STAT 470 - Probability Theory in Statistics   MATH 450 - Mathematical Statistics or STAT 471 - Mathematical Statistics
Breadth Requirement (Group A/B)  Elective
Credits: 16  Credits: 15
CISC 181 - Introduction to Computer Science II MATH 302 - Ordinary Differential Equations
ECON 306 - Data Analysis for Economics and Business FINC 312 - Intermediate Financial Management
FINC 311 - Principles of Finance ECON 422 - Econometric Methods for Causal Analysis
Breadth Requirement (Group A/B)  MATH 426 - Computational Mathematics I
Multicultural Requirement Elective
Credits: 15  Credits: 15 
MISY 330 - Database Management MATH 419 - Data Science II
MATH 529 - Optimization Theory STAT 621 - Survival Analysis
STAT 674 - Applied Database Management Free Elective
Second Writing Requirement Free Elective 
Elective Discovery Learning Experience
Credits: 15  Credits: 15

Go Global at UD

This major is eligible for the following program: