Course Overview!

Ball State University's Actuarial Science program provides a comprehensive education in the mathematical and statistical principles underlying risk management. Students develop strong analytical, computational, and communication skills, preparing them for a variety of roles in the actuarial profession. The curriculum emphasizes both theoretical foundations and practical applications, including hands-on experience through internships and projects. Graduates are well-prepared for professional actuarial exams and are highly sought after by employers due to the program's strong reputation and connection to industry partners. The program boasts a dedicated faculty comprising experienced actuaries, many with direct industry experience and involvement in professional exam committees. Small class sizes facilitate individual attention and mentoring. The curriculum is regularly updated with input from an advisory board consisting of Ball State alumni who are practicing actuaries, ensuring relevance and alignment with current industry trends.

Course Structure

The Actuarial Science program involves a combination of core mathematical and statistical courses, including calculus, linear algebra, probability, and statistics. Students also take dedicated actuarial modeling courses and electives, allowing for specialization or supplemental learning based on individual interests. The curriculum incorporates business principles to provide a well-rounded education relevant to the actuarial professional landscape. The strong interdisciplinary approach involves both the theoretical side of calculations and statistical modeling of risk, as well as practical elements such as communication and problem solving.