Actuarial Science

Department of Risk, Insurance & Healthcare Management

Bonnie Averbach, Associate Professor, Program Director
Alter Hall 627
215-204-8153
bonnie.averbach@temple.edu
www.temple.edu/actuary

Krupa S. Viswanathan, Assistant Professor
Alter Hall 629
215-204-6183
krupa.viswanathan@temple.edu

Actuaries are highly-educated business executives who specialize in the evaluation of insurance and financial risks. They hold positions of responsibility with insurance companies, consulting firms, investment banks, self-insurers, government regulators, and government insurance programs. Because of their valuable talents and expertise, actuaries are generally well compensated and often rise to the highest levels of management. While undergraduates, students prepare for and take some of the professional examinations given by the Society of Actuaries and the Casualty Actuarial Society. The material in the first four actuarial exams include calculus-based probability with applications in risk management, theory of interest, actuarial mathematics, finance, and loss distributions.

Students should meet with the program director as soon as they enter the actuarial science program. In addition to their coursework and professional examinations, students are strongly encouraged to become active in the Sigma chapter of Gamma Iota Sigma, Temple's national award-winning professional student organization in Risk Management, Insurance, and Actuarial Science. The organization hosts numerous guest speakers from the industry, sponsors a variety of career development seminars, and maintains a widely-distributed résumé book. For more information, please contact the GIS President, at 215-204-9368, or visit the web site at www.sigmachapter.org.

Summary of Requirements

University Requirements

All students are required to complete a set of university requirements: General Education (GenEd) or Core.

• New freshmen starting in the 2009-2010 academic year are required to complete the GenEd curriculum.
• New transfer students starting in the 2009-2010 academic year are required to complete the Core curriculum.

College Requirements

Students are strongly encouraged to take the professional actuarial exams immediately after completing the relevant coursework. Students can sit for the Society of Actuaries Exam P/Casualty Actuarial Exam 1 immediately after taking Actuarial Science 2101 or Actuarial Science 2501. Students must meet the College Graduation Requirements including the requirements of the major listed below. Students must attain a 2.0 cumulative GPA and 2.0 in the major to graduate with the actuarial science major. Use the major GPA calculator at www.fox.temple.edu/advising to calculate the GPA in the major.

Major Requirements for Freshmen

Suggested Sequence for Freshmen

Major Requirements for Transfers

Suggested Sequence for Transfers

Requirements of Actuarial Science Major - for Freshmen Only

Non-Business Required courses

Suggested Sequence of Actuarial Science Major - For Freshmen Only

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.

Requirements of Actuarial Science Major - for Transfer Students Only

Non-Business Required courses

Suggested Sequence of Actuarial Science Major - For Transfer Students Only

Please note that this sequence is suggested only, ensuring prerequisites are met. Students' academic sequences may differ based on individual academic plans.