Actuarial Science

The student learning outcomes for this degree are located at www.niu.edu/assessment/clearinghouse/outcomes/index.shtml.

This major prepares students for careers in the actuarial profession and helps them learn material included in the Exams P / 1 (Probability), FM / 2 (Financial Mathematics), and Statistics and Risk Modeling of the Society of Actuaries (SOA) / Casualty Actuarial Society (CAS). A few courses relevant to Exam C / 4 (Construction and Evaluation of Actuarial Models) of the SOA / CAS, and to Exam MLC (Models for Life Contingencies) of the SOA are also available to actuarial students. The major also provides the Validation by Educational Experience (VEE) required by the societies if the students complete those courses with a grade of B or better.

Check departmental information for any additional requirements.

• High School Diploma: You must have graduated by the time you start at NIU in order to be admitted.
• Grades: You must have passing grades equivalent to a U.S. C+ average on all transcripts and/or exam scores