Bachelor of Science in Actuarial Science (online)

Apply math to real world problems and data

The online B.S. in Actuarial Science prepares you for success in the first two professional exams in actuarial science, and provides the foundation for future exams. In this program you will:

  • Solve conceptual and computational 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.

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

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

Degree information

120 Credit hours
Minimum cumulative GPA of 2.0
Online

For information specific to you and your situation, meet with your academic advisor and find your ideal pathway to complete your degree on time.

To graduate with the B.S. in Actuarial Science, you must complete a minimum of 120 credit hours. Other requirements include:

  • A minimum of 30 credit hours at the 300- or 400-level
  • Complete courses required for the major with a grade of C or higher
  • A minimum GPA of 2.0

Bulletin


Courses are 3 credit hours unless otherwise noted.

Mathematics Core (31 cr.)

  • MATH-M 215 - Calculus I (5 cr.)
  • MATH-M 216 - Calculus II (5 cr.)
  • MATH-M 311 - Calculus III
  • MATH-M 447 - Mathematical Models/Applications 1
  • MATH-M 448 - Mathematical Models/Applications 2
  • Complete one of the following courses:
    • MATH-M 301 - Linear Algebra and Application
    • MATH-M 303 - Linear Algebra for Undergrad
  • Complete one of the following courses:
    • MATH-M 360 - Elements of Probability
    • MATH-M 463 - Introduction to Probability Theory I
  • Complete one of the following courses:
    • MATH-M 366 - Elements of Statistical Inference
    • MATH-M 466 - Introduction to Mathematical Statistics
    • STAT-S 420 - Introduction to Statistical Theory
  • Complete one of the following courses:
    • MATH-M 313 - Elementary Difference Equations with Application
    • MATH-M 343 - Introduction to Differential Equations with Application I

Actuarial Science Core (9 cr.)

  • MATH-M 320 - Theory of Interest
  • MATH-M 445 - Probability Theory Risk Management
  • MATH-M 446 - Financial Mathematics

Programming/Computer Science Core (6 cr.)

  • CSCI-A 201 - Introduction to Programming I
  • MATH-M 367 - Introduction Statistics Programming in R

Business and Economics Core (15 cr.)

  • ECON-E 103 - Introduction to Microeconomics
  • ECON-E 104 - Introduction to Macroeconmics
  • BUS-A 201 - Introduction to Financial Accounting
  • BUS-A 202 - Introduction to Managerial Accounting
  • BUS-F 301 - Financial Management

Actuarial Electives (15 cr.)
Complete five of the following courses:

  • MATH-M 451 - Financial Mathematics
  • MATH-M 485 - Life Contingencies I
  • STAT-S 352 - Data Modeling and Inference
  • STAT-S 431 - Applied Linear Models I
  • STAT-S 432 - Applied Linear Models II
  • STAT-S 450 - Time Series Analysis

We make paying for college easier

Tuition information

Use our calculator to estimate your tuition and fees.

Cost calculator

Scholarships

Explore which scholarships are available to you.

Find scholarships

Have questions or want more information? Contact us!

Tim Haertel

Senior Lecturer in Music Industry
Advisor for Audio Production, Music Business and Sound Engineering

Office:
Paul W. Ogle Center 053
Phone:
(812) 941-2025
Email:
thaertel@ius.edu

Kentucky residents

Kentucky students are part of our IU Southeast family. In fact, students from eight Kentucky counties receive in-state tuition at IU Southeast and now qualify for our new KEES Match Scholarships! Learn more about the advantages of attending IU Southeast including the lowest 4-year tuition in the region, staying close to home while you earn your degree and the unique experience only IU Southeast can offer.

Get in-state tuition for Kentuckians

Apply for our KEES Match scholarship

Interested in learning more or are you ready to apply?