Overview

The Business Actuarial Science programme at Oakland University offers a rigorous academic pathway for students aiming to master the complexities of risk management and financial safeguards. This degree combines high-level quantitative analysis with practical business applications to ensure graduates can protect organisations from future catastrophes.

Students engage with a curriculum that blends mathematics, economics, statistics, and finance to evaluate the likelihood of undesirable events. By developing sophisticated models, learners gain the expertise required to decrease the impact of financial risks across various sectors of the global economy.

Why Business Actuarial Science at Oakland University?

Oakland University provides a distinctive learning environment through the OU Pledge, which ensures every undergraduate has access to meaningful, hands-on learning. This commitment empowers students to enhance their academic knowledge with experiential learning, research, and professional internships.

The School of Business Administration offers specialised resources such as the ACHIEVE programme and the Business Scholars Program to support student success. Learners benefit from a pleasant professional environment and the opportunity to join the Society of Actuarial Sciences, a dedicated student organisation.

The institution is recognised for its strong links to the financial services sector, including partnerships with commercial banks and investment firms. These connections provide students with insight into the management teams of major corporations and government agencies where actuarial judgment is highly valued.

Tuition Fee Breakdown

International fee: USD 23867 per year
National fee: USD 23867 per year
Local fee: USD 16772 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum is designed to provide the educational background necessary for advanced degrees or immediate professional practice. Modules may include:

Actuarial Science
Mathematics
Economics
Statistics
Finance
Business Administration

Careers with Business Actuarial Science

Graduates are prepared for intellectually challenging roles that are consistently rated as top-ranked careers for job security and compensation. Actuaries are essential players in the financial services sector, working for insurance companies, retirement funds, and investment banks.

Common career paths for graduates include roles as an Actuary, Insurance Underwriter, Cost Estimator, or Budget Analyst. Many alumni also find success as Statisticians, Economists, and Personal Financial Advisors within both the private sector and federal government agencies.

Prominent organisations that commonly employ graduates from this programme include Deloitte, Blue Cross Blue Shield of Michigan, Ally Financial, Towers Watson, and WellPoint. The skills acquired also allow for self-employment opportunities or progression into executive management positions.

Programme Structure

Courses include:

Calculus

Probability and Statistics

Principles of Microeconomics

Managerial Economics

Financial Accounting

Finance for Actuarial Science

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2026-09-04 00:00:00
- Apply before 2026-06-01 00:00:00
Starting 2027-01-06 00:00:00
- Apply before 2026-10-01 00:00:00

Language

English

Duolingo English Test

100

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IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

Rochester Hills, United States

Disciplines

Economics Mathematics Actuarial Science View 1910 other Bachelors in Mathematics in United States

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Academic requirements

GPA

2.5

English requirements

Duolingo English Test

100

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

A completed Oakland University admission application. While an essay is optional, interested students may choose to include an essay for consideration

Cumulative high school grade point averages of 3.2 or above. Applicants with cumulative grade point averages below 3.2, but above 2.5, may be admitted after consideration of the quality of academic preparation. Scholarship awards are based on a student's academic record at the time of admission

SAT or ACT scores are no longer required for the incoming classes, for students with a minimum high school GPA of 2.5

Number and types of college preparatory courses

Positive trend of grades

English language proficiency test score reports

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

23867 USD / year

≈ 23867 USD / year
Out-of-State

23867 USD / year

≈ 23867 USD / year
Domestic

Applies to you

In-State

16772 USD / year

≈ 16772 USD / year

Living costs

Rochester Hills

United States

1000 - 1500 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Business Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Rochester Hills

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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