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Location: Chicago
Start Term: Fall, Spring
Program Type: Master's
Risk analysts and actuaries, who evaluate the long-term financial impact of these plans on both the issuing company and the purchaser or beneficiary of the plan, are employed by insurance companies, consulting firms, large corporations and governmental agencies. The major in actuarial science emphasizes the mathematical theory that underlies risk evaluation.
Steve Cohen
, Graduate Director; Associate Professor
Melanie Pivarski
, Department Chair for the Mathematics, Economics, and Actuarial Science Department; Associate Professor
Graduate Admission Counselor

What Differentiates Us

A History of Success

A History of Success

Our students and alumni pass actuarial exams at an impressive rate (more than 140 exams over a five-year period, an average of more than 28 exams per year).

Small Classes

Small Classes

Classes are small, with 10-25 students, which means you’ll receive personal attention.

Peer Networking

Peer Networking

Roosevelt has an inclusive and diverse community. Roosevelt hosts an annual Actuarial Science Career Fair for students to meet local employers and recruiters to learn about actuarial internships and positions, as well as a series of industrial speakers. Students attend regional conferences and shadow future employers.

Expectations & Requirements

Standards

Our actuarial science courses and degree programs (the BA, the BS and the MS) are designed with the requirements of the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) in mind. The actuarial science courses in the curriculum cover the topics in the syllabi of the first set of SOA and CAS exams, and students take courses that fulfill the actuarial societies' requirements for Validation by Educational Experience (VEE). Students will have a chance to network with actuaries that are employed in the industry and learn about professional skills and culture. Students have the opportunity to work on an intensive modeling project with an industrial partner and to learn and apply multiple forms of statistical software.

Sample Courses

  • Actuarial Mathematics
  • Actuarial Science Seminar P/I
  • Actuarial Science Seminar FM/2
  • Advanced Probability
  • Data Mining
  • Derivative Markets

More Opportunities

Clubs & Activities

We offer an active Actuarial Science Club, which organizes study sessions, resume writing workshops, meetings with practicing actuaries, job shadowing, and an actuarial career fair. Students regularly attend actuarial, mathematics and risk retention conferences.

Testimonials

Actuarial science classroom

Designation as an advanced program by the Society of Actuaries makes Roosevelt's actuarial science program attractive to academically strong students.

Prof. Melanie Pivarski
Mathematics, Economics and Actuarial Science Department Chair, Roosevelt University
Admission
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  • Online Application
  • $40 Application Fee
  • Official transcripts from all previously attended colleges/universities within the United States. Coursework completed outside the U.S. requires a Foreign Credential Evaluation to be submitted.
  • English Language Proficiency: All international students and individuals who completed a degree program outside the United States are required to meet this requirement.