Exterior of Manhattan Campus building
UG

Actuarial Science, Bachelor of Science

Recognized by the Society of Actuaries as a Center of Actuarial Excellence, this undergraduate degree prepares you to use mathematics, statistics and financial theory to study uncertain future events, particularly those that are insurable. Plan your visit to learn more!

  1. Home
  2. Academics
  3. Majors and Programs of Study
  4. Actuarial Science, Bachelor of Science

The Actuarial Science program in the Tobin College of Business at St John’s University is recognized by the Society of Actuaries as a Center of Actuarial Excellence and is a recipient of the University Award from the Casualty Actuarial Society. Since Fall 2022, students can earn exemption from certain SOA exams. Students learn not only quantitative analysis skills in preparation to pass professional examinations but also earn an undergraduate degree in business, which provides them with an education in accounting, finance, management, marketing, risk management and computer information systems. Leveraging St. John's metropolitan location, students have access to the university's longstanding relationships with leading New York-area firms and an outstanding network of alumni and industry professionals. The School of Risk Management, which houses the actuarial science program, awards scholarships to the program, provides extensive out of-the-classroom learning opportunities, and assists students in finding internships and professional positions upon graduation.

Apply Plan your Visit Program Brochure
Degree Type
BS
Area of Interest
Business
Associated Colleges or Schools
Program Location
  • Manhattan Campus
Required Credit Hours
122

Department Contact

We are happy to answer your questions.

Ping Wang, Ph.D.

Professor

212-277-5195

Because you like numbers, here are ours.

95.9%

of the GSRM graduate level Class of 2022 were employed within 6 months of graduation.*

*The data here is representative of the three graduating classes (September 2021, January 2022, and May 2022) from the Manhattan Campus. The data provided here pertains only to the 82%% of Master’s level graduates who responded to the survey and includes graduates who may have been employed prior to graduation.

92%

of 2019 graduating students held industry internships during their studies

25%

accepted full-time offers with their internship employer upon graduation

Bachelors in Actuarial Science Curriculum

Fall

  • DNY 1000C: Discover NY- 3 Credits
  • ECO 1301: Macroeconomics  (VEE-E)- 3 Credits
  • FYW 1000C: English Composition- 3 Credits
  • THE 1000C: Catholic Perspective on Christianity- 3 Credits
  • MTH 1730: Calculus I- 4 Credits

Credits: 16

Spring

  • LAW 1310: Law in Business Environment- 3 Credits
  • ECO 1302: Microeconomics   (VEE-E)- 3 Credits
  • SPE 1000C: Public Speaking- 3 Credits
  • PHI 1000C: Philosophy of the Human Person- 3 Credits
  • MTH 1740: Calculus II- 4 Credits

Credits: 16

Fall

  • ACT 2322: Intro to Statistics   (VEE-MS)- 3 Credits
  • ACT 2333: Probability (Act Sci 3)   EXAM P- 3 Credits
  • FIN 3311: Corporate Financial Mgt. (VEE-F)- 3 Credits
  • ACC 2320: Fundamentals of Account. (VEE-A)- 3 Credits
  • RMI 2301: Principles of Risk & Insurance- 3 Credits

Credits: 15

Spring

  • ACT 2334: Theory of Interest (Act Sci 4)  EXAM FM- 3 Credits
  • FIN 3388: Derivatives Markets    EXAM IFM- 3 Credits
  • MGT 2301: Administrative & Org. Behavior- 3 Credits
  • MKT 2301: Principals of Marketing- 3 Credits
  • PHI 2220C: Moral Life & Ethical Dimensions of Bus.- 3 Credits

Credits: 15

Fall

  • ACT 4347: Loss Modeling I (Act Sci 7) STAM- 3 Credits 
  • HIS1000C: Emergence of Global Society- 3 Credits
  • SCI 1000: Scientific Inquiry- 3 Credits
  • ENG 1100: Literature in a Global Context- 3 Credits 
  • RMI Elective- 3 Credits 

Credits: 15

Spring

  • ACT 4348: Loss Modeling II (Act Sci 8)   STAM- 3 Credits  
  • ACT 3349: Applied Statistics (Act Sci 9) EXAM SRM- 3 Credits 
  • MGT 3325: Production & Operations Management- 3 Credits 
  • LANGUAGE/CULTURE- 3 Credits 
  • ECO Elective (Liberal Arts Economics)- 3 Credits 

Credits: 15

Fall

  • ACT 3335: Life Cont I (Act Sci 5) LTAM- 3 Credits   
  • TECH Elective- 3 Credits   
  • LAE 2019- 3 Credits 
  • LANGUAGE/CULTURE- 3 Credits 
  • THE 2200-2900- 3 Credits 

Credits: 15

ACT 3335 & 3336 EXAM LTAM

Spring

  • ACT 3336: Life Contingencies II (Act Sci 6)  LTAM- 3 Credits 
  • PHI 3000C: Metaphysics- 3 Credits 
  • THE 3305: Moral Theology of the Marketplace- 3 Credits 
  • GEN Elective 2019- 3 Credits 
  • MGT 4329: Managerial Strategy & Policy- 3 Credits 

Credits: 15

Fast-Track programs are cost-efficient and time-saving ways to provide students the opportunity to advance to a master’s degree from their B.S. in Actuarial Science.  Students who select a fast-track into an advanced degree must complete an online application and must meet the admission standards for that graduate program. Students should seek early program guidance from their adviser in anticipation of applying to a Fast-Track Program. Available Fast Track programs for Actuarial Science major are:

VEE  – Validation by Educational Experience Courses   
VEE credits are earned by taking accredited courses (above) & obtaining a B- or better
VEE Subjects/Courses:
VEE E – Economics 
VEE MS – Mathematical Statistics
VEE F – Corporate Finance
VEE A – Accounting  

Starting Fall 2022, students can earn exemption from the SOA preliminary exams by achieving outstanding performance in certain actuarial courses as follows.

Exam FM: ACT 2334
Exam SRM: ACT 3349
Exam FAM-S: ACT 4347/4348
Exam ASTAM: ACT 4347/4348.

These courses have earned UEC (University-Earned Credit) status from the SOA. Please note that UEC-approved courses must be proctored and in-person.  Those who choose the online version of the program must take all exams (midterm and final) of the courses listed above at the Manhattan campus. That translates to two or three days per semester during which students must be in NYC.  

Featured Faculty

All Faculty
Profile photo for Mark J. Browne, Ph.D.
  • Professor

Department

Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science

Center of Actuarial Excellence

Center for Actuarial Excellence

St. John’s Continues Designation as Center of Actuarial Excellence

One of 19 Actuarial Programs in the US to hold the Center of Actuarial Excellence distinction

Career Opportunities in Actuarial Science 

Students will be prepared to:

  • Identify, measure and manage risk and exposure to catastrophe losses
  • Apply probability pricing models for insurance products and insurance-related events
  • Recognize market needs and develop new markets
  • Use sophisticated productivity software
  • Identify sources of new capital and analyze the impact of globalization
  • Formulate an effective business plan
  • Integrate in-depth knowledge of legal and regulatory environment in decision making process
  • Deliver effective and well-written presentations.

What Do Actuaries Do?

Predict the future with data

Design creative ways to reduce the chance of loss

Price Risk

Interested in Business, but not sure if Actuarial Science, Bachelor of Science is right for you?

Explore opportunities at St. John's with our pathway generator.

Discover more in Business

Related Programs

Greenberg School of Risk Management, Insurance & Actuarial Science
GR
Actuarial Science, Master of Science

Unleash your potential in Actuarial Science at St. John's University! Gain quantitative skills to master risk pricing and secure your future in insurance, government, and social welfare.

  • Manhattan Campus
  • Online
GR
Advanced Certificate in Enterprise Risk Management

The Advanced Certificate in Enterprise Risk Management (ERM) is a 15-credit graduate program designed to provide you with the foundational skills, insights, and capabilities necessary to adopt an enterprise-wide approach to managing the myriad of risks an organization faces.  

  • Manhattan Campus
  • Online
GR
Advanced Certificate in Risk Management

The Advanced Certificate in Risk Management is a 15-credit graduate program designed to develop foundational skills in the critical functions necessary for success in risk management. The advanced certificate program will sharpen your skills in planning, forecasting, decision-making, and implementation through case studies and hands-on exercises.

  • Manhattan Campus
  • Online
UG
Certificate in Risk and Insurance

The Certificate in Risk and Insurance is a two semester 24-credit certificate program, based at the Manhattan campus, and admits students in the fall semester.

  • Manhattan Campus
GR
Enterprise Risk Management, Master in Business Administration

Build the skill set for a risk management process, highlighting leadership and governance risk, and addressing strategic risk management with an M.B.A concentrating on Enterprise Risk Management from St. John's University.

  • Manhattan Campus
  • Online
GR
Enterprise Risk Management, Master of Science

The Master of Science in Enterprise Risk Management (M.S. E.R.M.) provides an opportunity to study one of the most important topics in today's business world, in New York City, with several of the world's most renowned risk scholars.  

  • Manhattan Campus
  • Online
GR
Risk Management and Risk Analytics, Master of Science

Earn a Master of Science degree in Risk Management and Risk Analytics from St. John’s University. Prepare for a successful career to thrive in professional positions in the insurance industry. Apply now to enhance your prospects in the field of risk management.

  • Manhattan Campus
  • Online
UG
Risk Management Minor

The minor in risk management provides an introduction to the knowledge, skills, and competencies needed for success in risk management, including the methods of developing financial protection against loss, with an emphasis on insurance principles and solving risk management issues.

  • Queens Campus
  • Manhattan Campus