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Actuarial Science Program
About the Program
Carroll University Catalog
About Actuarial Science

About the Actuarial Science Program


  • Students receive a broad and in-depth background in mathematics, statistics and economics.
  • The program's core courses will provide the background to successfully complete the first four actuary exams.
  • Students develop critical and analytical thinking skills necessary for success in the profession.
  • Courses develop logical thinking, quantitative reasoning and deductive analysis.
  • Faculty has extensive experience in actuarial science, mathematics, statistics, economics, finance and computer science.
  • Carroll University actuarial science majors have far exceeded the national pass-rate on professional exams.

Special Features

  • Small classes allow ample opportunity for interaction with professors and other students.
  • Professors teach all classes; there are no teaching assistants.
  • Students have the opportunity to staff the mathematics laboratory and tutor other students.
  • Students are prepared to take four exams, making Carroll competitive with UW-Madison and Drake University.
  • Carroll's location ensures numerous social, cultural, internship and career networking opportunities.
  • Most students are placed in a job prior to graduation as a result of their internship.


  • Carroll University has educational partnerships established with Northwestern Mutual and Assurant.
  • Selected students receive a 16-credit paid internship at Northwestern Mutual or Assurant after sophomore year.
  • Students receive an authentic experience in the actuary profession.
  • Northwestern Mutual and Assurant provide 100 hours of paid study time during the internship for students to study for next actuarial exam.
  • The internship is completed during spring semester of junior year or fall semester of senior year.

Job Outcomes

  • Actuary firm
  • Insurance industry
  • Government
  • Financial industry
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