Undergraduate Program (BS)

Actuarial Science

Part mathematician and part fortuneteller, actuarial scientists solve financial problems and analyze risks for companies and organizations. Study the concepts of business, economics, finance, and statistics and graduate ready to land some of the highest-paying jobs in the nation.

Sample Four-Year Actuarial Science Course Sequence

First Year

First Semester Semester Hours
Math 170 | Calculus 4
Math 225 | Foundations of Higher Mathmatics 3
Historical Perspectives 3
English 101 | English Composition 0
Core 100 | First Year Seminar 3
Core 101 | GOA 0
Second Semester Semester Hours
Math 171 | Calculus II 4
Actuarial Science 101 | Intro to Actuarial Science 3
Econ 200 | Microeconomics 3
Philosophy 100 | Ethics as Introduction to Philosophy 3
Theology 111 | Theological Foundations 3
Core 102 | GOA 0

This is a sample course sequence to illustrate class offerings for this major.
Consult the official Xavier University catalog for detailed registration and advising information.

Sophomore

First Semester Semester Hours
Math 220 | Calculus III 4
Math 256 | Intro to Probability & Statistics 3
Acct 200 | Intro to Accounting 3
Econ 201 | Macroeconomics 3
Foreign Language 1 3
Second Semester Semester Hours
Math 240 | Linear Algebra 3
Computer Science 170 | Computer Science I 3
Finance 300 | Business Finance 3
Scientific Perspectives 3
Foreign Language II 3

This is a sample course sequence to illustrate class offerings for this major.
Consult the official Xavier University catalog for detailed registration and advising information.

Junior

First Semester Semester Hours
Math 311 | Probability 4
Finance 365 | Investments 3
English 205 | Literature and the Moral Imagination 4
Natural Sciences Elective 3
Oral Communication Elective 3
Second Semester Semester Hours
Math 312 | Statistical Inference 3
Math 230 | Differential Equations 3
Finance 465 | Options and Future Markets 3
Creative Perspectives 3
Writing Intensive Elective 3

This is a sample course sequence to illustrate class offerings for this major.
Consult the official Xavier University catalog for detailed registration and advising information.

Senior

First Semester Semester Hours
Philosophical Perspectives 3
Humanities Elective 3
E/RS Elective 3
Elective 3
Elective 3
Second Semester Semester Hours
Actuarial Science 201 | Actuarial Mathematics 3
DCR Elective 3
Theological Perspectives 3
Elective 3
Elective 3

This is a sample course sequence to illustrate class offerings for this major.
Consult the official Xavier University catalog for detailed registration and advising information.

Sample Courses

Xavier is known for providing an education that’s both challenging and personal. Here are some courses that are part of the Actuarial Science major at Xavier:

Intro to Actuarial Science (MACS 101) - This course is an introduction to Actuarial Science. The course consists of presentations introducing various topics dealt with by actuaries, weekly lab activities to provide in-depth work with these ideas, and presentations from actuaries regarding their work. Specific topics include mortality tables, interest theory, probability, principles of insurance and reserves.

Data Modeling (MATH 256) - Exploratory data analysis and visualization, logistic regression, estimation and inference of multiple regression models, model selection, Analysis of Variance, multiple comparisons, and experimental design.

Linear Algebra (MATH 240) - Systems of linear equations, Gaussian elimination, echelon forms, algebraic structure of solutions; vector and matrix arithmetic, invertibility; linear transformations and their matrices; vector spaces and subspaces, bases, coordinates, dimension, rank; change of basis; determinants,Cramer\2019s Rule; eigenvectors and eigenvalues; diagonalization; inner products, the Gram-Schmidt process.

Options & Futures Markets (FINC465) - Options and futures strategies, the valuation of options and futures, and the theory of hedging.

100% of Xavier Actuarial Science graduates are employed, enrolled in a full-time graduate program or volunteering within 6 months of graduation.

100%

of Xavier Actuarial Science graduates are employed, enrolled in a full-time graduate program or volunteering within 6 months of graduation.

STAND OUT THAT'S THE XAVIER DIFFERENCE

CERTIFIED FOR EXCELLENCE

At Xavier, we have coursework that provides Validation by Educational Experience (VEE) credits in the actuarial field, as well as preparation for the actuarial science exams in probability (P) and finance (FM) so you will excel when the time comes to get certified.

INTERN FOR EXPERIENCE

Cincinnati is home to more Fortune 500 companies per capita than Los Angeles, New York or Chicago. We'll help you find internships with local and national organizations in both public and private industries.

CONNECT WITH A COMMUNITY

With several mathematics organizations on campus, including the national honor society for mathematics, Pi Mu Epsilon, there are plenty of opportunities to network and stay connected outside of the classroom.

Xavier by the numbers

20

AVERAGE SIZE OF CLASSES

65,000+

XAVIER GRADUATES ACROSS THE GLOBE

91%

OF SENIORS RATE THEIR EXPERIENCE AS GOOD OR EXCELLENT

THE ONLY

ACTUARIAL SCIENCE PROGRAM IN SOUTHWEST OHIO

The Xavier Experience. There's Nothing Like It.

The Xavier Experience. There's Nothing Like It.

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Careers After Xavier

Graduates go on to work at top companies like

Great American Insurance Liberty Mutual Ohio National Cincinnati Life Insurance

Xavier is in the heart of Cincinnati

Cincinnati More Fortune 500 companies per capita than
Los Angeles, New York or Chicago
Discover the Queen City »