An actuarial science program is designed to teach students about analyzing risks, specifically in the insurance field. Programs will usually contain multiple mathematics courses, such as statistics and calculus, along with courses in risk analysis, computers and economics.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.

Online learning refers to use of electronic media and information and communication technologies (ICT) in education. With online learning one has the flexibility to access their studies at any time and from anywhere they can log on.