Bachelor of Arts - Mathematics - Actuarial Science Logo

Bachelor of Arts - Mathematics - Actuarial Science

Illinois State University

100 N University Street, Normal, USA

52197

Last updated: 14/02/2025
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About Bachelor of Arts - Mathematics - Actuarial Science

Program Description

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.

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.

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Cost and Duration


Program Level
4-Year Bachelor's Degree
Average Graduate Diploma
4 Year Bachelor's Degree
Cost of Living
$55,000.00 USD / Year
Gross Tuition
$28,210.00 USD / First Year
Application Fee
No data available

Program Intakes

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