Mathematics, Actuarial Science
The Mathematics, Actuarial Science program at the University of North Carolina is designed for students who are passionate about analytical thinking, problem-solving, and applying mathematical models to evaluate risk. The curriculum blends a strong foundation in pure and applied mathematics with specialized training in probability theory, statistics, finance, and economics. This structure equips students with essential skills for understanding uncertainty and making data-driven financial decisions. The program also prepares students for professional actuarial exams by aligning coursework with the expectations of the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS).
Over the course of four years, students engage with advanced topics such as stochastic processes, interest theory, and predictive modeling, all while gaining proficiency in programming tools commonly used in the industry. In addition to core mathematics, students also explore insurance theory, risk assessment techniques, and financial mathematics, ensuring a comprehensive understanding of actuarial practices. Graduates emerge as professionals who are not only technically proficient but also capable of interpreting complex data in real-world financial and insurance contexts. The program emphasizes critical thinking, ethical reasoning, and communication skills, helping students become well-rounded candidates for actuarial and financial roles.
Key information
Key Facts
- Program Title: Mathematics, Actuarial Science
- Degree Type: Bachelor of Arts
- Duration: 4 years
- Mode of Study: Full-time, On Campus
- Application Deadline: 01 February 2026
- Location: University of North Carolina at Chapel Hill, United States
- Field of Study: Mathematics
- Language of Instruction: English
Program Structure
Year 1 – Mathematical Foundations
• Calculus I & II
• Introduction to Statistics
• Fundamentals of Programming
• Principles of Microeconomics
• Academic Writing and Communication
Year 2 – Core Actuarial Tools
• Linear Algebra
• Probability and Statistical Inference
• Financial Accounting
• Macroeconomics
• Technical Communication
Year 3 – Applied Actuarial Concepts
• Theory of Interest
• Mathematical Statistics
• Actuarial Modeling
• Financial Mathematics
• Elective in Risk Analysis or Business
Year 4 – Professional Preparation
• Predictive Modeling and Data Analytics
• Stochastic Processes
• Seminar in Actuarial Science
• Ethics in Professional Practice
• Capstone Project or Internship
Career Opportunities
Graduates of this program are highly sought after in industries where data-driven forecasting and financial risk evaluation are essential. Common career paths include roles such as actuaries, risk analysts, data scientists, and financial consultants in fields such as insurance, banking, investment, healthcare, and government. With the growing need for professionals who can interpret complex quantitative models and support strategic decision-making, students trained in actuarial mathematics are seen as key contributors to modern organizations. This program also provides strong preparation for actuarial credentialing exams, opening doors to professional certifications and long-term career growth. In addition, some graduates pursue advanced degrees in applied mathematics, statistics, or finance, further expanding their career potential.
Why Choose This Program
This program offers an exceptional balance of mathematical theory and real-world relevance, making it ideal for students who want to use their analytical talents to drive impactful financial decisions. At the University of North Carolina, the actuarial science track combines rigorous academic preparation, practical skill-building, and industry-aligned coursework, ensuring students are competitive in both national and global job markets. Faculty members bring academic expertise and professional experience, guiding students through the nuances of actuarial practice. The program’s integration of economics, finance, and data analytics offers a multidisciplinary edge that is crucial in today’s dynamic business environment. For those who are detail-oriented, strategic thinkers, and passionate about math’s role in shaping financial futures, this degree provides the ideal launchpad for a stable and rewarding career.
Contact Information
Phone: +1 (919) 966-3621
Email: unchelp@admissions.unc.edu
Address: Jackson Hall, 174 Country Club Road, Chapel Hill, NC 27514, USA
