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Actuarial Science, B.Sc.

  • Application Deadline
  • 48 months
    Duration
Waltham, MA, United States
Actuaries are a bit like fortune-tellers — except they rely on a lot more than intuition to make predictions for the future.These highly sought-after professionals analyze historical data (a lot of it) to assess risk and forecast long-term patterns for companies in the insurance and financial industries.
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Overview

Ranked among the top 25 Actuarial Science degrees in the nation by College Choice for 2016-17, the Bentley program is designed to give you exactly these critical skills. You'll study mathematics and financial theory through courses emphasizing math, finance and risk management. Not only will you become an analytical master, but you’ll also learn how the field applies to a business’s wider operations. This expertise is highly valued by employers.

With incredibly strong career and salary prospects, it’s no wonder that U.S. News & World Report and CNN Money have identified the actuarial profession as offering some of the best jobs in the country.

  • Banks and investment firms
  • Colleges and universities
  • Consulting firms
  • Government insurance departments
  • Insurance companies
  • Labor unions
  • Public accounting firms
  • Rating bureaus

Typically, you’ll find actuaries working in places like:

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Calculus III
  • Continuous Probability
  • Linear Algebra
  • Math Statistics
  • Math elective
  • Actuarial Topics in Probability and Risk Management
  • Discrete Options Pricing
  • Discrete Probability
  • Financial Calculus and Derivative Pricing
  • Mathematical Theory of Interest

English Language Requirements

  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score:

    577

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks.

General Requirements

  • Application form with $50 fee
  • Official high school transcript
  • College essay
  • Senior Grades
  • Two letters of recommendation
  • Standardized test scores

Tuition Fee

  • International

    46370 USD/year
    Tuition Fee
    Based on the original amount of 46370 USD per year and a duration of 48 months.
  • National

    46370 USD/year
    Tuition Fee
    Based on the original amount of 46370 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Waltham

  • 1515 - 3140 USD/month
    Living Costs

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

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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