Bachelor of Science in Mathematics - Actuarial Science 48 months Undergraduate Programme By Illinois State University |TopUniversities

Bachelor of Science in Mathematics - Actuarial Science

Programme Duration

48 monthsProgramme duration

Main Subject Area

Accounting and FinanceMain Subject Area

Programme overview

Main Subject

Accounting and Finance

Degree

Other

Study Level

Undergraduate

The Actuarial Program at Illinois State University is a Center for Actuarial Excellence, one of the first nine academic programs in the United States to receive that recognition in 2009, and the first one in the State of Illinois. It is one of the leading actuarial programs in the United States, offering an undergraduate Bachelor degree, and a graduate Master degree. The program combines high quality education in all areas of actuarial theory with serious commitment to actuarial practice and professionalism. Why Study Actuarial Science? Actuaries put a price tag on future risks. Those risks are usually associated with possible financial losses. An actuary uses mathematical skills to define, analyze, and solve business and social problems. Actuaries calculate costs of insurance, pensions, and social programs (e.g., Social Security, Medicare), represented in the premium or taxes paid, and they also estimate the amounts that insurance companies, or pension plans, or social insurance systems, must set aside in reserves to be able to meet their obligations. Related Skills Logical Thinker Strong numerical computational ability Ability to analyze, interpret data Problem solver Critical thinker Attention to detail and commitment to accuracy Works well in teams Interested in business

Programme overview

Main Subject

Accounting and Finance

Degree

Other

Study Level

Undergraduate

The Actuarial Program at Illinois State University is a Center for Actuarial Excellence, one of the first nine academic programs in the United States to receive that recognition in 2009, and the first one in the State of Illinois. It is one of the leading actuarial programs in the United States, offering an undergraduate Bachelor degree, and a graduate Master degree. The program combines high quality education in all areas of actuarial theory with serious commitment to actuarial practice and professionalism. Why Study Actuarial Science? Actuaries put a price tag on future risks. Those risks are usually associated with possible financial losses. An actuary uses mathematical skills to define, analyze, and solve business and social problems. Actuaries calculate costs of insurance, pensions, and social programs (e.g., Social Security, Medicare), represented in the premium or taxes paid, and they also estimate the amounts that insurance companies, or pension plans, or social insurance systems, must set aside in reserves to be able to meet their obligations. Related Skills Logical Thinker Strong numerical computational ability Ability to analyze, interpret data Problem solver Critical thinker Attention to detail and commitment to accuracy Works well in teams Interested in business

Admission Requirements

6.5+
110+
81+
55+
Applicants must have Earned the equivalent of a U.S. high school diploma from a recognized international institution of secondary or high school level, or will do so within one academic year of application and must have academic achievement equal to a U.S. grade point average of C or better (2.00 on a 4.00 scale) in courses that reflect proficiencies in basic skill areas. Other English Language Requirements: 550 on the pencil/paper based Test of English as a Foreign Language (TOEFL), or Computer-based: 213.

48 Months
Jan-2000

Tuition fees

Domestic
0 USD
International
0 USD

Scholarships

Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.

To help students navigate this challenging process, we recommend the following articles:

More programmes from the university

Undergrad Programmes 2287