The Actuarial Program at Illinois State University is a Center for Actuarial Excellence, one of the first nine academic programs in the United States to receive that recognition in 2009, and the first one in the State of Illinois. It is one of the leading actuarial programs in the United States, offering an undergraduate Bachelor degree, and a graduate Master degree. The program combines high quality education in all areas of actuarial theory with serious commitment to actuarial practice and professionalism.
Point of Pride
Since 2009, Illinois State has been designated as a Center of Actuarial Excellence, which recognizes the University as having an outstanding actuarial program. In 2016, Illinois State was one of only four institutions in the world to be honored with the Casualty Actuarial Society University Award, recognizing exemplary work in preparing students for a career in the property and casualty insurance industry.
Why study Actuarial Science?
Actuaries put a price tag on future risks. Those risks are usually associated with possible financial losses. An actuary uses mathematical skills to define, analyze, and solve business and social problems. Actuaries calculate costs of insurance, pensions, and social programs (e.g., Social Security, Medicare), represented in the premium or taxes paid, and they also estimate the amounts that insurance companies, or pension plans, or social insurance systems, must set aside in reserves to be able to meet their obligations.
Come see campus and meet with campus representatives either in person or virtually. Optional chances to meet with academic department, honors, and financial aid.