Bachelor of Science in Actuarial Science
Collaborative Online Degree
This 100 percent online, consortial program is taught by IU South Bend, IU East, IU Northwest, and IU Southeast. This consortial model allows you to take coursework from several campuses and learn from a wide range of faculty.
This program is authorized, exempt, or not subject to state regulatory compliance and may enroll students from all 50 states.
Many online support services are available to assist you as you progress through the program.
Explanation
Admissions
To apply to this program
- Complete application for admission.
- Submit official transcripts.
- International applicants may be asked for additional materials.
- This program is offered by IU South Bend, IU East, IU Northwest, and IU Southeast. After applying, you will be assigned a home campus. You will submit application documents to the Office of Admissions of that campus.
Application Deadline
Rolling admissions. Application review will begin upon receipt of all required application materials.
Degree Requirements (120 cr.)
To graduate with the B.S. in Actuarial Science, you must complete a total of 120 credit hours. You may be able to transfer an associate degree or up to 64 credit hours from a regionally accredited two-year college and up to 90 credit hours from a regionally accredited four-year college or university. Course requirements fall into four categories and are defined by student learning outcomes.
- General Education Courses (33 cr.)
- Mathematics courses (31 cr.)
- Actuarial Science courses (9 cr.)
- Programming/Computer Science courses (6 cr.)
- Business and Economics courses (15 cr.)
- Upper-Level Actuarial Science courses (15 cr.)
- Free Electives (balance of credits needed to equal 120 credit requirement)
Mathematics Courses (31 cr.)
- MATH-M 215 Calculus I (5 cr.)
- MATH-M 216 Calculus II (5 cr.)
- MATH-M 301 Linear Algebra and Applications; OR
MATH-M 303 Linear Algebra for Undergraduate - MATH-M 311 Calculus 3
- MATH-M 313 Elementary Differential Equations with Applications; OR
MATH-M 343 Introduction to Differential Equations with Applications I - MATH-M 360 Elements of Probability; OR
MATH-M 463 Introduction to Probability I - MATH-M 366 Elements of Statistical Inference; OR
MATH-M 466 Introduction of Mathematical Statistics; OR
STAT-S 420 Introduction to Statistical Theory - MATH-M 447 Mathematical Models and Applications I
- MATH-M 448 Mathematical Models and Applications II
Actuarial Science Courses (9 cr.)
- MATH-M 320 Theory of Interest
- MATH-M 445 Probability Theory for Risk Management
- MATH-M 446 Financial Mathematics
Programming/Computer Science Core Courses (6 cr.)
- CSCI-A 201 Introduction to Programming I
- MATH-M 367 Introduction to Statistical Programming in R
Business and Economics Core Courses (15 cr.)
- BUS-A 201 Introduction to Financial Accounting
- BUS-A 202 Introduction to Managerial Accounting
- BUS-F 301 Financial Management
- ECON-E 103 Introduction to Microeconomics
- ECON-E 104 Introduction to Macroeconomics
Upper-Level Actuarial Science Electives (15 cr.)
- MATH-M 451 The Mathematics of Finance
- 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