BA in Mathematics - Actuarial Science in Normal United States | Illinois State University

Illinois State University's Actuarial Program holds the prestigious Center for Actuarial Excellence designation, being among the initial nine U.S. academic programs to earn this distinction in 2009 and the first in Illinois. Recognized as a top-tier actuarial program nationwide, it provides both undergraduate Bachelor's and graduate Master's degrees. The curriculum blends rigorous theoretical training with strong emphasis on practical application and professional ethics. Actuaries quantify future uncertainties, typically involving potential financial impacts. These professionals apply advanced mathematics to identify, evaluate, and address complex business and societal challenges. Their work involves determining insurance premiums, pension contributions, and funding for social initiatives (such as Social Security and Medicare), while also calculating the reserve funds required by insurers, retirement plans, and government programs to fulfill their financial commitments.