Program Overview

Bachelor of Science in Actuarial Science

Program Overview

The Bachelor of Science in Actuarial Science is a comprehensive undergraduate program designed to provide students with a strong foundation in actuarial science, mathematics, and statistics. This program aims to equip students with the knowledge and skills necessary to pursue a career in the actuarial profession.

Program Details

• The program typically spans four years, with a total of 120-128 credits required for completion.
  • Core courses include:
    • Mathematical statistics
    • Probability theory
    • Actuarial mathematics
    • Financial mathematics
    • Economics
  • Elective courses may include:
    • Data analysis
    • Risk management
    • Insurance law
    • Financial markets

Admission Criteria

• Applicants must have a high school diploma or equivalent.
• A minimum GPA of 3.0 is required for admission.
• SAT or ACT scores are also required, with a minimum score of 1200 (SAT) or 25 (ACT).
• International students must demonstrate English proficiency through TOEFL or IELTS scores.

Tuition Fees

• The tuition fee for the program is approximately $40,000 per year for domestic students.
• International students can expect to pay around $50,000 per year.

Research Areas

• Faculty members in the actuarial science department are involved in various research areas, including:
  • Actuarial modeling
  • Risk analysis
  • Insurance economics
  • Financial mathematics
• Students are encouraged to participate in research projects and present their findings at conferences.

Career Opportunities

• Graduates of the Bachelor of Science in Actuarial Science program can pursue careers in:
  • Insurance companies
  • Consulting firms
  • Financial institutions
  • Government agencies
• Possible job titles include:
  • Actuary
  • Risk manager
  • Data analyst
  • Financial analyst

Accreditation

• The program is accredited by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS).
• The program also meets the requirements for the Validation by Educational Experience (VEE) credits.