Bachelor Programs in Actuarial Science

Compare 3 Bachelor Programs in Actuarial Science

Actuarial Science

Determining probability can be complex, exciting, and highly rewarding, whether it is for insurance purposes or to meet another goal. Students who enjoy solving difficult statistical problems may benefit from obtaining a bachelor’s degree in actuarial science.

One of the first questions prospective students ask when they discover this degree is, What is a Bachelor in Actuarial Science? In this program, students will take a variety of different courses relating to statistics and mathematical applications that will prepare them to work in the actuarial field. However, students who wish to pursue this degree should ensure that they have a strong interest and foundation in math before enrolling in one of these programs.

One of the main benefits of obtaining a bachelor’s degree in actuarial science is that it prepares students to compete in the highly competitive workforce. Since good actuaries are in high demand, and there are many jobs available, graduates will find that with this degree, they will likely not have a difficult time securing a well-paid employment opportunity.

How much it costs to obtain a bachelor’s degree in actuarial science depends on a variety of different factors. These include the length of the program, the specific tuition rates of the chosen institution, and where the college is located. To justify this expense and ensure the institution’s program will complement their goals, students should thoroughly research the actuarial program of choice.

There are several different jobs available to students who graduate with a bachelor’s degree in actuarial science. For example, a graduate may be able to work as a security or a commodity broker, at an insurance company, in a government-related role, or in corporate or consulting services, specifically related to management and public relations.

Interested students should begin taking the necessary steps to enroll themselves in a program for actuarial science. To begin, search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.

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Bachelor of Actuarial Studies

Macquarie University
Campus Full time 3 years January 2017 Australia North Ryde

First actuarial studies program in the English speaking world, longest running program (40 years) of its type in Australia. One-third to one-half of... [+]

Bachelor of Actuarial Studies

First actuarial studies program in the English speaking world, longest running program (40 years) of its type in Australia. One-third to one-half of qualified actuaries in Australia are Macquarie graduates.Actuaries analyse and manage the financial consequences of risky events. All sorts of risks: Risk of Death / Sickness, Natural Hazards (cyclone, earthquake, bushfire) Financial Risks (shares, bonds, exchange rates). Actuaries analyse and manage the risks of financial contracts, insurance and retirement funds. They also help manage and control financial institutions. Actuaries relate numbers to real life.In this actuarial studies degree you’ll learn to conduct mathematical, statistical, economic and financial analysis to a range of practical problems faced in long-term financial planning and management.Very strong industry links through capstone and professional subjects including the actuarial control cycle.... [-]

Actuarial Science

International University Alliance
Campus September 2017 USA Boston

The Actuarial Mathematics program offers a well-balanced curriculum in applied mathematics with advanced preparation for the actuarial profession. [+]

Actuarial Mathematics The Actuarial Mathematics program offers a well-balanced curriculum in applied mathematics with advanced preparation for the actuarial profession. It boasts a dedicated group of faculty experienced in passing actuarial exams offered by the professional societies and recognized by the insurance industry. Auburn University is accredited by the Society of Actuaries to offer courses to satisfy the Validation by Education Experience (VEE) requirements in Applied Statistical Methods, Corporate Finance, and Economics. What is an Actuary? Actuaries bring a complex future into focus by applying unique insight to risk and opportunity. Known for their comprehensive approach, actuaries enable smart, more confident decisions. Where do actuaries manage risk? At this time, the majority of actuaries work in careers that are associated with the insurance industry, though growing numbers work in other fields. They are heavily involved in insurance because that is society's most powerful answer for managing risk. We reduce our risk of financial loss by transferring it to an insurance company that accepts the risk for a price (which is the insurance premium). Actuaries play a key role in designing insurance plans, determining the premium, monitoring the profitability of insurance companies, and recommending corrective action when appropriate. Actuaries working in insurance companies also ensure that insurance companies have set aside enough funds to pay claims and provide advice on how to invest the insurance companies' assets. Actuaries work in all sectors of the economy, though they are more heavily represented in the financial services sector, including insurance companies, commercial banks, investment banks and retirement funds. They are employed by corporations as well as the state and federal government. Many work for consulting firms. Some are self-employed, enjoying financially rewarding careers that also come with the great flexibility of being one's own boss. In addition to the financial services market, actuaries are increasingly working in the broader energy, transportation, manufacturing and healthcare industries, helping identify, measure and manage risks and opportunities within complex, risk-bearing enterprises. Employers of Actuaries Insurance companies Consulting firms Government insurance departments Banks and investment firms Large corporations Public accounting firms Colleges and universities Needed Skills Mathematics Analytical and problem solving skills Interest in financial and business applications Computer proficiency Solid communications skills Actuarial Exams Actuaries in the U.S. and Canada achieve professional status by passing a set of examinations prescribed by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). Many prospective actuaries begin taking exams while in college and Auburn University offers courses with syllabi that closely match those for exams P/1, FM/2, and MLC/3 as well as two seminars designed specifically to prepare students to take exams P/1 and FM/2. According to research conducted by the SOA in the past few years, the recognition of actuarial credentials was very high among employers in insurance, reinsurance and consulting markets. [-]

Bachelor in Mathematics

University of Louisiana Monroe
Campus Full time September 2017 USA Monroe

Mathematics is the language of the sciences. The Mathematics Program is committed to providing outstanding mathematics education to all of ULM’s students. [+]

Bachelors in Actuarial Science. Bachelor in Mathematics Mathematics is the language of the sciences. The Mathematics Program is committed to providing outstanding mathematics education to all of ULM’s students. Building from a solid foundation of dedicated faculty, the program provides a top quality mathematics curriculum incorporating contemporary educational technology as well as innovative teaching strategies. Along with the essential quantitative skills, all levels of the curriculum will develop logical reasoning and problem solving skills. About Mathematics... The mission of the Department of Mathematics and Physics is committed to providing outstanding mathematics and science education to all of ULM's students. Building from a solid foundation of dedicated faculty, the department provides a top quality mathematics and science curriculum incorporating contemporary educational technology as well as innovative teaching strategies. Along with the essential quantitative skills, all levels of the curriculum will develop logical reasoning and problem solving skills. What you can do with this degree: Actuarial Science, Biostatistics, Numerical Computing, Operations Research, careers requiring critical thinking skills ranging from business to the medical sciences What careers have our graduates pursued? Education, Nuclear Engineer Officer, Researcher, Statistician Our graduates have gone on to work at U.S. Army Corp of Engineers, CenturyLink, J.P. Morgan Chase, St. Francis Medical Center, U.S. Air Force Where have our students gone on to graduate school? University of Maryland- Mathematics and Finance, Florida State University-Mathematical Biology, University of North Carolina-Statistics, University of Louisiana at Lafayette-Applied Mathematics, Louisiana Institute of Technology-Mathematics, Texas A&M University-Mathematics Check out some of our learning opportunities: Majors have research opportunities through the Emerging Scholars program. Take advantage of online learning. Math 093 Introductory Algebra, Math 111 College Algebra, Math 112 Trigonometry, Math 116 Elementary Statistics and Math 118 Nature of Mathematics are all available online. Get involved beyond the classroom: Kappa Mu Epsilon (KME-Mathematics National Honor Society) Where are our faculty's interests? Dr. Youssef Dib, Biomathematics and Population Modeling in Difference Equations, Differential Equations and Partial Differential Equations; Dr. David Hare, Statistics; Dr. Faisal Kaleem, Complex Analysis; Dr. Mariette Maroun, Boundary Value Problems in Differential Equations and Time Scale; Dr. Brent Strunk, Commutative Algebra; Dr. Christine Cumming-Strunk, Mathematics, Commutative Algebra with emphasis on Rees algebras, residual intersections, reductions of ideals, the core of ideals, canonical modules, and multigrades modules Our graduates A Bachelor of Sciences in Mathematics transcends careers fields ranging from business to the medical sciences. Our mathematics graduates find career opportunities in the fields of biostatistics, operations research, actuarial science, and numerical computing. Mathematics graduates with concentration in Mathematics Education is in high demand from school districts, local and afar, with a wide range of salary. Due to the fact that there is such high demand for qualified math and science teachers, usually the salary is a much higher range than other disciplines. Undergraduate Program NOTE: This information is provided as a reference only and is subject to change. Always verify all curriculum information with your faculty advisor or the dean's office. All Mathematics majors are required to take Calculus I (MATH 1031), Calculus II (MATH 1032), Applied Linear Algebra (MATH 2002), Calculus III (MATH 2032), Foundations of Mathematics (MATH 2040), Modern Algebra (MATH 3086), 2 additional course numbered 3000 and above, and 2 additional 4000 level courses. For those interested Mathematics with a concentration in Mathematics Education (Grades 6-12), majors must take the courses specifically listed above, Elementary Functions (MATH 1013), Elementary Mathematical Statistics (MATH 3003), College Geometry (MATH 3007), and one hour of mathematics elective. Students may also choose to minor in Mathematics, a program that requires 20 hours of Mathematics coursework, or pursue a major or minor in Mathematics Education. ULM Common Core Curriculum Foundation Courses It is imperative that undergraduate students entering ULM are provided with a strong academic foundation upon which to build their future college careers. Ultimately, this structure, which follows many national trends, brings a much needed breadth and commonality to the ULM academic experience and makes it easier for students to transfer between majors. I UNIVERSITY SEMINAR - UNIV 1001 (1 hour) II. ENGLISH COMPOSITION - 6 hours ENGL 1001 - Composition I ENGL 1002 - Composition II ENGL 1010 - Honors Composition * *Participants in the ULM Honors Program will take ENGL 1010 in place of ENGL 1002. These students are not required to enroll in ENGL 1001. III. MATHEMATICS - 6 hours MATH 1009 - Applied Algebra for College Students MATH 1011 - College Algebra MATH 1012 - Trigonometry MATH 1013 - Elementary Functions MATH 1014 - Applied Calculus MATH 1016 - Elementary Statistics MATH 1018 - Contemporary Mathematics MATH 1031 - Calculus I MATH 1032 - Calculus II MATH 2002 - Applied Linear Algebra Students may not receive credit in both MATH 1009 and MATH 1011. Students may not use both MATH 1011 and MATH 1013 to satisfy the mathematics core requirement. Students may not use both MATH 1012 and MATH 1013 to satisfy the mathematics core requirement. Students may not use both MATH 1014 and MATH 1031 to satisfy the mathematics core requirement. IV. NATURAL/PHYSICAL SCIENCES - 9 hours *Six hours must be from a single subject area of biological or physical science. Three hours must be from the other area (i.e., both physical and biological sciences must be taken). Students may receive credit toward degree in only one of PHYS 1001, PHYS 2003, PHYS 2007 and PSCI 1001. Also, students may not receive credit toward degree in both GEOS 1001 and GEOL 1001. PHYSICAL SCIENCES Atmospheric Sciences ATMS 1001 - Introduction to the Atmosphere ATMS 1002 - Introduction to Severe Weather ATMS 1006 - Introduction to Climate Change Chemistry CHEM 1001 - Introductory Chemistry I CHEM 1002 - Introductory Chemistry II CHEM 1007 - General Chemistry I CHEM 1008 - General Chemistry II CHEM 1050 - Integrated Chemistry for Education Majors Geology GEOL 1001 - Physical Geology GEOL 1002 - Historical Geology GEOL 1010 - The Age of Dinosaurs GEOL 2006 - Engineering Geology Geosciences GEOS 1001 - Earth Science GEOS 1002 - Natural Disasters and Hazards GEOS 1050 - Integrated Geosciences for Education Majors GEOS 2001 - Environmental Science GEOS 2080 - Oceanography Physics PHYS 1001 - The Physics of Everyday Phenomena I PHYS 1002 - The Physics of Everyday Phenomena II PHYS 1015 - The Physics of Superheroes PHYS 1050 - Integrated Physics for Education Majors PHYS 2001 - Descriptive Astronomy PHYS 2003 - General Physics I PHYS 2004 - General Physics II PHYS 2007 - University Physics I PHYS 2008 - University Physics II BIOLOGICAL SCIENCES Biology BIOL 1001 - The Living World BIOL 1010 - Human Biology BIOL 1014 - Fundamentals of Anatomy and Physiology I BIOL 1015 - Fundamentals of Anatomy and Physiology II BIOL 1020 - Principles of Biology I BIOL 1022 - Principles of Biology II BIOL 1050 - Integrated Biology for Education Majors V. HUMANITIES - 9 hours At least 3 hours must be a Literature course in the discipline of English. Acceptable Literature courses are identified in the list below with an asterisk(*). English *ENGL 2001 - British Literature I *ENGL 2002 - British Literature II *ENGL 2003 - World Literature I *ENGL 2004 - World Literature II *ENGL 2005 - American Literature I *ENGL 2006 - American Literature II *ENGL 2007 - Honors English *ENGL 2016 - African-American Literature *ENGL 2017 - The African-American Experience in Literature *ENGL 2019 - Honors English *ENGL 2052 - Special Topic of Gender *ENGL 2053 - Special Topic of Nature And Science *ENGL 2054 - Special Topic of Native Peoples *ENGL 2055 - Special Topic of Immigrants and Emigrants *ENGL 2056 - Special Topic of Society and Culture *ENGL 2057 - Special Topic of Politics and Economics *ENGL 2058 - Special Topic of Child and Adolescent Arabic ARAB 1001 - Elementary Arabic I ARAB 1002 - Elementary Arabic II ARAB 1003 - Study Abroad ARAB 2001 - Intermediate Arabic I ARAB 2002 - Intermediate Arabic II Chinese CHIN 1001 - Elementary Chinese CHIN 1002 - Elementary Chinese Communication COMM 1001 - Fundamentals of Communication COMM 1002 - Voice and Diction COMM 1010 - Honors Communication Studies COMM 1018 - Interpersonal Communication COMM 2001 - Public Speaking COMM 2060 - Small Group Communication French FRNH 1001 - Elementary French I FRNH 1002 - Elementary French II FRNH 1003 - French Study Abroad FRNH 1005 - Elementary French I and II FRNH 2001 - Intermediate French I FRNH 2002 - Intermediate French II German GRMN 1001 - Elementary German I GRMN 1002 - Elementary German II GRMN 1003 - Elementary Conversation GRMN 1005 - Elementary German I and II GRMN 2001 - Intermediate German I GRMN 2002 - Intermediate German II GRMN 2005 - Intermediate German I and II History HIST 1010 - Honors History HIST 1011 - World Civilization I HIST 1012 - World Civilization II HIST 2001 - United States History I HIST 2002 - United States History II HIST 2009 - Honors History HIST 2019 - Honors History Humanities HUMN 2001 - Exploration in the Humanities Italian ITAL 1005 - Elementary Conversational Italian ITAL 1006 - Elementary Conversational Italian Japanese JAPN 1001 - Elementary Japanese I JAPN 1002 - Elementary Japanese II Latin LATN 1001 - Elementary Latin I LATN 1002 - Elementary Latin II LATN 1005 - Elementary Latin LATN 2001 - Intermediate Latin I LATN 2002 - Intermediate Latin II LATN 2003 - Classical Studies Portuguese PORT 1001 - Elementary Portuguese I PORT 1002 - Elementary Portuguese II Spanish SPAN 1001 - Elementary Spanish I SPAN 1002 - Elementary Spanish II SPAN 1003 - Study Abroad SPAN 1004 - Spanish for Professions SPAN 1005 - Elementary Spanish I and II SPAN 2001 - Intermediate Spanish I SPAN 2002 - Intermediate Spanish II SPAN 2005 - Intermediate Spanish I and II VI. FINE ARTS - 3 hours Students must take one 3 hour fine arts course to fulfill this requirement. Art ART 1001 - Basic Design ART 1003 - Drawing ART 1009 - Art Appreciation ART 2000 - Analytical Perspective ART 2001 - Survey of Art I ART 2002 - Survey of Art II ART 2003 - Handbuilding Ceramics ART 2004 - Wheel Throwing Ceramics ART 2041 - General Crafts ART 2042 - Arts and Crafts Arts ARTS 1010 - Honors Arts Dance DANC 3001 - Theory and Application of Dance Music MUSC 1001 - Fundamentals of Music Theory MUSC 1091 - Enjoyment of Music MUSC 1092 - Enjoyment of Jazz Theatre THEA 1091 - Enjoying Theatre THEA 2021 - Beginning Acting VII. SOCIAL/BEHAVIORAL SCIENCES - 6 hours Students must take at least three hours of social/behavioral sciences at the 2000 level or above. These courses are indicated with an asterisk(*) in the list below. Economics ECON 1003 Contemporary Economic Issues *ECON 2001 - Macroeconomic Principles *ECON 2002 - Microeconomic Principles Geography GEOG 1001 - Regional Geography GEOG 1002 - Regional Geography GEOG 1003 - Systematic Geography *GEOG 2003 - Louisiana *GEOG 2013 - Physical Geography *GEOG 2015 - Cartography Gerontology *GERO 2026 - Perspectives on Aging Political Science *POLS 1001 - Introduction to Political Science *POLS 2001 - American National Government *POLS 2002 - State and Local Government *POLS 2003 - American Government *POLS 2010 - Honors Political Science Psychology *PSYC 2001 - Introduction to Psychology *PSYC 2003 - Child Psychology *PSYC 2005 - Adolescent Psychology *PSYC 2078 - Developmental Psychology Sociology SOCL 1001 - Introduction to Sociology SOCL 1002 - Introduction to Sociology: International Perspective *SOCL 2003 - Social Problems *SOCL 2026 - Perspectives on Aging *SOCL 2033 - Forensics The course pairings below are cross-listed courses and cannot be used together. ANTG 1011 and GEOG 1011 ANTG 2001 and GEOG 2001 ANTS 2033 and SOCL 2033 GERO 2026 and SOCL 2026 Core Curriculum Guidelines The student’s work in a major or minor may count toward meeting the University Core. Transfer students can apply equivalent hours earned at other universities to meet ULM core requirements (equivalency to be determined by the appropriate department head and the Board of Regents’ Statewide Student Transfer Guide and General Education Articulation Matrix). All freshman students are required to take the University Seminar for one credit hour (the course will not count toward any degree program and will be nontransferable). In the absence of a compelling reason, degree programs should refrain from defining or limiting student choices within the menu of prescribed general education courses. Core Curriculum Abbreviations Used in Degree Plans or Programs of Study Some degree plans specified that certain courses must be taken from within a menu of the sets of courses in the core curriculum. For those that did so, first the specific course will be listed in the degree plan, followed by the appropriate abbreviation which indicates which requirement is being fulfilled by the specified required core curriculum course. For example, if MATH 1013 and MATH 1031 must be taken by Computer Science majors, then the requirement will be listed as “MATH 1013cm, MATH 1031cm”. The core curriculum abbreviations which have been used are as follows: ce Core English Composition ch Core Humanities cf Core Fine Arts cm Core Mathematics cnp Core Natural/Physical Science cs Core Social Science [-]