Actuarial Science - Bachelor of Science in Actuarial Science (B.S.)

Offered at IU Southeast by School of Natural Sciences

Offered 100% online

This is an online program.

The 100% online B.S. in Actuarial Science degree program allows students to apply math to real-world problems and data. The degree prepares students for success in the first two professional exams in the field. The program also provides a foundation for future exams.

This program matches up actuarial science core skills with those outlined by professional organizations such as the Society of Actuaries and the American Academy of Actuaries.

In this degree program, students will:

• Learn to use math to solve complex, real-world problems
• Learn to price-risk to determine premiums, analyze data, determine suitable models and parameter values, and provide measures of confidence.
• Calculate present and accumulated values for various streams of cash flow.

Courses in this degree program cover a variety of topics related to probability and statistical theory, as well as those related to programming and financial management. Topics covered include:

• Elements of Probability
• Introduction to Statistical Theory
• Theory of Interest
• Introduction to Programming
• Financial Management
• Life Contingencies

Actuarial science is a unique field with a wealth of opportunities. Actuaries are always in demand. The U.S. Bureau of Labor Statistics expects a 20% growth in actuarial science jobs by 2028. This jump in the need for actuaries creates a highly stable and secure career path for graduates.

Graduates in the B.S. in Actuarial Science program are prepared for a variety of positions in the public and private sector, such as:

• Actuary
• Insurance analyst
• Market research analyst
• Management analyst
• Financial manager/analyst
• Actuarial consultant