Browse all Actuarial Science courses →
Red: department · Gray: UW–Madison
GPA and percentages are weighted by recorded letter grades. UW comparisons use the same terms. Cross-listed courses count once within this department and once across UW; department totals should not be added together. Grade counts are not unique students. Offering counts reflect captured records, not a complete historical schedule.
Grades have not been recorded for this term. Historical results remain in the overview above.
No released grades for this term.
8 courses
Probability for Actuaries develops fundamental mathematical tools for quantitatively assessing risk, emphasizing applications to problems in actuarial science.
Offering recorded · Spring 2027 · Sources
Past student reviews · Gee Lee
One student felt the pace was too fast and assumed prior knowledge, leading to confusion. The course is a review for Exam P, often covering topics before concurrent probability courses do.
No recorded grade history
Theory of Interest covers time value of money, discrete and continuous compounding, annuities, bonds, loans, interest rate structures, and portfolio immunization.
Offering recorded · Spring 2027 · Sources
Past student reviews · Kirk Peter
The class involves significant homework and a final exam worth 50% of the grade, requiring consistent practice to succeed.
historical GPA · grades
Fall 2022–Spring 2026Directed intermediate-level reading and research in actuarial science under faculty guidance.
Offering recorded · Spring 2027 · Sources
No recorded grade history
Actuarial Statistics for Risk Modeling introduces statistical learning theory and methods for analyzing risks in actuarial applications, covering linear/nonlinear models, diagnostics, and variable selection.
Offering recorded · Spring 2027 · Sources
historical GPA · grades
Fall 2024–Spring 2026 · limited sampleFundamentals of Long-Term Actuarial Modeling covers advanced mathematical theory of life contingencies, including force of mortality, premiums, and reserves for single-life insurance and annuities.
Offering recorded · Spring 2027 · Sources
Past student reviews · Margie Rosenberg
Homework and exam questions were described as long stories, which one student found annoying.
historical GPA · grades
Fall 2022–Spring 2026Advanced long-term actuarial modeling covering joint life probabilities, multiple-decrement theory, and pension funds. Students develop multiple state models to calculate premiums and reserves.
Offering recorded · Spring 2027 · Sources
Past student reviews · Kirk Peter
Exams were not easy but were considered fair and prepared students for the MLC exam.
historical GPA · grades
Spring 2023–Spring 2026Fundamentals of short-term actuarial modeling covering the definition and selection of probability distributions for heavily tailed and skewed insurance data.
Offering recorded · Spring 2027 · Sources
Past student reviews · Paul Johnson
The workload was described as stressful for students with jobs or outside obligations, requiring significant extra time. Success depended on studying lecture examples and completing homework problems.
historical GPA · grades
Fall 2022–Spring 2026Health Analytics introduces health research perspectives and applies statistical tools to MEPS data, focusing on the interaction of health, care, and insurance.
Offering recorded · Spring 2027 · Sources
Past student reviews · Margie Rosenberg
The course was described as very demanding, with vague grading schemes and poorly designed materials that were not relevant to the project.
historical GPA · grades
Spring 2023–Fall 2025 · limited sample