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Actuarial Science Major

Bachelor of Business Administration in Actuarial Science

Develop a deep understanding of financial risk management with the Bachelor of Business Administration in Actuarial Science in 51³Ô¹ÏÍø’s . Through the 124-credit curriculum, you’ll refine your analytical and mathematical skills to prepare for the required professional exams and a career as an actuary, specializing in the evaluation of insurance and financial risks across an array of industries.

Housed in Fox’s Department of Risk, Actuarial Science, and Legal Studies, the Actuarial Science Major is designated as a Center of Actuarial Excellence by the . This intensive program provides highly skilled students with a strong foundation in mathematics and statistics, and exposes them to a wide range of business disciplines.

Learn more about a career in actuarial science (pdf).

Classes & Curriculum

The 124-credit Actuarial Science BBA program is a combination of general education, actuarial science, mathematics and statistics courses. The courses are approved by the Society of Actuaries and Casualty Actuarial Society as satisfying (Validation by Educational Experience) requirements.

Courses students will complete include

  • Actuarial Analytics,
  • Actuarial Modeling,
  • Actuarial Probability and Statistics,
  • Calculus,
  • Corporate Finance for Actuarial Science,
  • Managing International Risk and
  • Theory of Interest.

Learn more about the required courses for the Actuarial Science Major program.

Examinations

To become an actuary, you’ll be required to pass a series of professional exams, administered by the and , that test students in a variety of mathematical and business analytic applications. Coursework in 51³Ô¹ÏÍø's Actuarial Science Major program is specifically tailored to help prepare students for these exams.  

Research

51³Ô¹ÏÍø offers students the opportunity to work closely with faculty in state-of-the-art research facilities to tackle some of the industry’s biggest challenges. As an Actuarial Science student, you’ll work with and learn from thought leaders, and you’ll contribute to the advancement of the field in several areas including the following.

  • Crisis risk management and public reaction to crises
  • Corporate governance in the insurance industry
  • Enterprise risk management
  • Financing of catastrophic risk

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Related Graduate Degrees

Minor in Actuarial Science

The Fox School of Business offers a Minor in Actuarial Science for non-actuarial science major students at 51³Ô¹ÏÍø. Coursework focuses on the financial consequences of risk, expertise required across many employers including insurance companies, banks, consulting firms, investment firms, hospitals and governments. Students with a background in actuarial science will be able to apply mathematical, statistical, economic and financial knowledge learned in the program to many real-world, professional scenarios.

Tuition & Fees

In keeping with 51³Ô¹ÏÍø’s commitment to access and affordability, the Bachelor of Business Administration offers a competitive level of tuition with multiple opportunities for financial support.

are set annually by the university and are affected by multiple factors, including program degree level (undergraduate or graduate), course load (full- or part-time), in-state or out-of-state residency, and more. You can view the full .

These tuition costs apply to the 2025–2026 academic year.

Pennsylvania resident: $24,456.00 per year
Out-of-state: $44,400.00 per year

Our Academic Advisors

The Center for Undergraduate Advising in the Fox School of Business is dedicated to helping students navigate their academics and make informed decisions about their career paths.

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Peer Advising

The Center for Undergraduate Advising also offers peer advising at the Main Campus location. Undergraduate peer advisors offer the perspective of an upper-level student and assist by sharing their knowledge and personal tips for academic success.

Program Contact

For more information about your degree program, contact the following.

Krupa ViswanathanÌýis the academic director of the actuarial science program and an associate professor.
Phone:Ìý215-204-6183
Email:Ìý

Kate Markowitz is the director of enrollment management for undergraduate students.
Phone: 215-204-4892
Email:

Jim DietzÌýis the coordinatorÌýof enrollment management and the contact for all incoming first-year students.
Phone: 215-204-5424
Email:Ìý

Claudia Bereshnyi is the assistant director of transfer, veteran and online BBA recruitment and the contact for both incoming transfer students and those interested in an online BBA.
Phone: 215-204-4100
Email:

Drew HashimuraÌýis the coordinator of enrollment management.
Phone: 215-204-2070
Email:Ìý

Student Clubs & Organizations

Joining student clubs and organizations is a great way to meet like-minded students; connect with local, national and international businesses; and build the skills you’ll need in your professional career. Enhance your academic experience by participating in a club related to your major or interests.

The following clubs and organizations are available to Actuarial Science students in the Fox School of Business.

  • The goal of is to create a sense of community among majors and help members build toward successful professional careers in risk management, insurance and actuarial science. Members benefit from resume help, guest speaker presentations, trips and mock interviews.

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Global Immersions

Broaden your understanding of global economies and business practices by taking advantage of the various study abroad options and opportunities for learning beyond 51³Ô¹ÏÍø’s Main Campus in Philadelphia through .

51³Ô¹ÏÍø administers several programs around the world, including campus sites in Rome, Japan and Spain, faculty-led summer programs and exchange programs in Europe and Asia. Interested students may also participate in approved programs organized by study abroad organizations or other U.S. universities, or apply directly to an accredited institution overseas. 51³Ô¹ÏÍø’s office provides information on approved programs, and advisors can work with you to determine which program might provide the best fit.

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51³Ô¹ÏÍø Exchange Programs

Through reciprocal exchange agreements with the following universities, 51³Ô¹ÏÍø students can exchange places with students for a semester or academic year. Some programs require sufficient proficiency in the host country language to participate.

  • China: Hong Kong Baptist University
  • Korea: Ewha Womans University, Yonsei University, Sogang University
  • Taiwan: National Taiwan University

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Accreditation

The Fox School of Business is accredited by the Association to Advance Collegiate Schools of Business (). The school has maintained AACSB accreditation since 1934.

Additional Program Information