Actuarial Science Program
DEPARTMENT OF MATHEMATICS
UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN
Advising Notes for Actuarial Science Majors – Academic Year 2010-2011
Rick Gorvett, FCAS, ASA, CERA, MAAA, ARM, FRM, Ph.D.
Director, Actuarial Science Program
State Farm Companies Foundation Scholar
in Actuarial Science
374 Altgeld Hall
This document is designed to help actuarial science (act sci) majors at the University of Illinois
at Urbana-Champaign plan their collegiate programs.
It will be of particular use to incoming
freshmen and sophomores, but students further along in the program may also benefit from
reading this material.
There will no doubt be student-specific questions and issues which this
document does not answer;
if so, please feel free to e-mail me at
, and I
will do my best to respond promptly (and perhaps even accurately!).
The material below is in five sections:
sample four-year class schedule
for an actuarial science major;
listing of courses
particularly relevant for the actuarial science (often
abbreviated “act sci”) major, including key prerequisites, and recent frequency of
course offerings (i.e., whether offered both the Fall and Spring semesters, or just
one or the other);
for the actuarial science major;
The relationship between U of I courses and the
professional actuarial exams
Key principles for incoming freshmen
It is my fervent wish to meet and get to know each of you throughout your stay in our program.
and the other actuarial science faculty and staff will do our best to help you prepare for what can
be a wonderful and satisfying career.
Sample Four-Year Schedule of Key Courses
The table below provides a sample, typical four-year plan for the key courses associated with an
undergraduate actuarial science degree at the University of Illinois.
I have not included electives
and general education requirements – selections of those courses are largely personal, and are
generally spread across the program in a manner consistent with the individual student’s interests,
desired course load each semester, etc.
In this table, I have focused on the key act sci and related
Specific required math, act sci, and finance courses are included, along with a few
others (e.g., see discussion of Economics in part (2) of Section (5) below).