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Actuarial Science
The Bachelor of Business Administration in Actuarial Science at the University of Wisconsin is designed to equip students with the mathematical, statistical, and financial tools necessary to evaluate risk and guide decision-making in business and finance. This four-year, full-time program offers a curriculum grounded in probability theory, finance, economics, and data analytics. Students gain a deep understanding of how to model uncertainty and forecast long-term outcomes in areas such as insurance, retirement planning, and investment strategies. With a strong focus on quantitative analysis, the program prepares students to meet the rigorous demands of actuarial certification and professional practice.
Beyond technical proficiency, students are trained to think strategically and communicate complex ideas effectively. The program integrates coursework in business communication, ethics, and financial management, giving students the ability to interpret data-driven insights in organizational contexts. Learners benefit from faculty with professional actuarial experience and have access to exam preparation resources, internship opportunities, and mentoring networks. The combination of mathematical rigor, business understanding, and industry alignment makes this program a solid foundation for students pursuing a career in one of the most analytically demanding and financially rewarding fields.
Key information
Key Facts
- Program Title: Actuarial Science
- Degree Type: Bachelor of Business Administration
- Duration: 4 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 15 January 2026
- Location: University of Wisconsin, United States
- Field of Study: Actuarial Science
- Language of Instruction: English
Program Structure
Year 1 – Mathematical and Business Fundamentals
• Introduction to Business and Economics
• Calculus I & II
• Principles of Accounting
• Business Communication
Year 2 – Probability and Financial Concepts
• Probability Theory for Actuarial Science
• Financial Mathematics
• Microeconomics and Macroeconomics
• Business Statistics
Year 3 – Risk Analysis and Modeling
• Life Contingencies
• Regression and Time Series Analysis
• Actuarial Modeling and Forecasting
• Corporate Finance
Year 4 – Application and Professional Preparation
• Actuarial Exam Preparation Seminar
• Risk Management and Insurance
• Data Analytics for Actuaries
• Capstone Project in Actuarial Applications
Career Opportunities
Graduates of this program are well-prepared for careers in insurance companies, financial consulting firms, pension funds, and risk management departments. Common job titles include actuarial analyst, pricing specialist, risk consultant, pension analyst, and financial forecaster. Many students begin taking actuarial exams during their undergraduate studies and continue toward becoming credentialed actuaries through professional bodies such as the Society of Actuaries or the Casualty Actuarial Society. The program’s alignment with industry expectations and certification pathways makes graduates highly competitive in job markets that value analytical precision, risk assessment expertise, and business acumen. Whether working in life insurance, health care, finance, or enterprise risk management, they contribute meaningfully to organizations that rely on data-driven strategies for long-term planning and stability.
Why Choose This Program
This program offers a powerful blend of mathematical training, business insight, and career readiness, making it ideal for students who enjoy solving complex problems with real-world impact. The University of Wisconsin provides a supportive academic environment with faculty who are active in the actuarial field and deeply invested in student success. The curriculum is tailored to meet professional standards, incorporating exam-aligned coursework, hands-on projects, and exposure to industry software tools. Students also benefit from strong ties to employers, internship opportunities, and networking events that open doors to competitive roles in the actuarial profession. For those seeking a structured, intellectually challenging path with excellent job prospects, this degree offers the foundation to excel in financial risk analysis and lead with confidence.
Contact Information
For further information, please contact the admissions office at:
Phone: +1 608-262-2433
Email: admissions@grad.wisc.edu
Address: 217 Bascom Hall, 500 Lincoln Drive, Madison, WI 53706, USA
