Actuarial Science

MajorMinor3YRBachelor of Arts or Bachelor of Science

Where Rigor Meets Opportunity.

The Actuarial Science major at Butler University offers a challenging and comprehensive curriculum tailored to prepare you for the rigorous professional aptitude examinations you’ll encounter in the actuarial field. Our commitment to small class sizes, an enthusiastic learning environment, and an impressive employment placement rate for our graduates has established our Actuarial Science program as one of the most successful in the country.

With valuable internship opportunities at top companies in the region, coupled with our exceptional faculty, all students receive a personalized and thorough education that equips them for a successful career as professional actuaries.

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Program Information

Curriculum

Sample courses in this program include:

MA 106 – Calculus and Analytic Geometry 1
MA 310 – Linear Algebra
MA 362 – Linear Regression and Time Series
MA 372 – Loss Models
MA 399 – Financial Derivatives

See all Actuarial Science major curriculum information

See all Actuarial Science minor curriculum information

Concentrations

Management Program

Three-Year Program

The Actuarial Science major can be completed in a total of three years if students bring in at least eight credits from high school. Students must also plan to take courses during both summer terms. We offer an even numbered and odd numbered year path.

Learning Outcomes

Our graduates enter the job market with a strong working knowledge of the basic concepts and theories of actuarial science. Specifically, students who complete this degree will be able to:

Sit for the exams administered by the Society of Actuaries.

Solve insurance and financial problems related to risk assessment.

Perform related calculations in applications of standard actuarial methods.

Communicate sophisticated quantitative analysis clearly and correctly to various audiences in both written and spoken presentations.

Meet Your Faculty

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Rasitha Jayesekere

Associate Professor – Statistics and Actuarial Science
Department of Mathematical Sciences

Dr. Rasitha Jayesekere is the Director of Statistics and Actuarial Science and an Associate Professor in the Department of Mathematical Sciences. In addition, she coordniates the Data Science minor interdisciplinary program, and the student travel…
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Chris Wilson

Professor – Mathematics
Department of Mathematical Sciences

Chris Wilson is a professor in the Department of Mathematical Sciences and an Associate of the Society of Actuaries. His research interests include noncommutative algebra and actuarial science pedagogy. He is the author of Mathematics and…
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Mary Krohn

Senior Lecturer – Mathematics
Department of Mathematical Sciences

Butler taught me transferable skills and how to critically think.

“Butler emphasizes learning skill sets through hands-on experiences rather than learning purely through memorization. Having the personal touch of smaller class sizes and more time to interact with professors is what drives this, in my opinion. Overall, I feel the value of my degree from Butler is that it taught me something timeless—transferable skills and how to critically think.”

Emily Shoemaker ’22
Solutions Analyst, Eli Lilly & Company