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Actuarial Science

Major

What will I learn?

Actuarial science includes the study of calculus, financial mathematics, applied probability, statistics and economic principals among other subjects. Upon completion of the degree, you will be prepared to sit for several of your exams.

This course introduces you to the fundamental concepts of financial mathematics and how those concepts are applied in calculating present and accumulated values for various streams of cash flows. This is used as a basis for reserving, valuation, pricing, asset/liability management, investment income, capital budgeting and valuing contingent cash flows. This course also introduces financial instruments including derivatives and the concept of no-arbitrage.

What can I do with my degree?

A degree in actuarial science can take you in many different directions. The best way to see what you can do is to check out what other Simpson graduates have done.

What sets Simpson apart?

Simpson makes sure that all actuarial science majors will complete coursework to prepare for the first two actuary exams. Several students have passed more than two exams before they graduate.

There's no risk in learning more

There is a lot more happening in the Department of Mathematics. Take a look at all the opportunities available to you at Simpson.

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Simpson Success Stories

This is what success looks like

Our students and alumni share how Simpson helped them define achievement on their own terms

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Audrey LoVan '18

Audrey LoVan '18

The Perfect Balance of STEM, Arts, and Athletics

Simpson has the most beautiful campus and such a positive atmosphere.

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Stephen Henrich '13

Stephen Henrich '13

Triple Major With 4 Years Of Undergraduate Research

Because of Simpson College I’ve had the opportunity to conduct extensive undergraduate research all four years that I have been here.

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