Actuarial Science

The University of Alabama has a proud heritage of preparing students to become actuaries. It was not until November, 2007, however that a formal actuarial science program was made available. The Actuarial Science program at the University of Alabama will open new vistas for mathematically-inclined students, offering many options for the creative application of their knowledge and skills.

The Actuarial Science program is part of the Quanititative Finance major. Students who complete the curriculum will meet all preparatory course requirements and be prepared for two actuarial examinations. Thus, they will be well qualified to start a career in the actuarial science profession.

Students who choose to pursue the Actuarial Science program, will be able to accomplish the following goals while earning a Bachelor's degree in Quantitative Finance:

  • Obtain the required background in Calculus

  • Complete all three Verification of Education Experiences (VEE) requirements established by the Casualty Actuarial Society and the Society of Actuaries (CAS/SOA):
       1. VEE Applied Statistical Methods
       2. VEE Corporation Finance
       3. VEE Economics

  • Prepare to pass two of the four Preliminary Examinations established by CAS/SOA:
       1. Financial Mathematics (Exam FM)
       2. Probability (Exam P)

In keeping with the accreditation requirements of AACSB International, as well as the Southern Association of Colleges and Schools, all students in the Culverhouse College of Commerce & Business Administration, University of Alabama, take a diverse curriculum of Arts, Sciences, and Humanities, as well as broad spectrum of business courses. 

To find out more about the Actuarial Science professional visit Actuarial Science