Overview

Actuarial Science is the study of the financial implications of uncertain future events. Actuaries study how to quantify and manage risk primarily in the fields of life and health insurance, pensions, employee benefits, and investments. They also work as financial consultants and as government employees on Social Security and Medicare issues.

Actuaries must have excellent quantitative reasoning skills in addition to an understanding of modern business and finance. To become an actuary, a candidate must pass a series of exams in areas such as probability, financial mathematics, and actuarial modeling.

The Actuarial Science program at Valparaiso University and passing marks in the first several examinations of the Society of Actuaries are sufficient to enter the field.

Career Prospects

While many graduates of Valpo's actuarial science program have gone on to become actuaries, working at companies such as Safeco and Watson Wyatt, others have chosen careers in business or gone on to MBA programs or graduate programs in statistics.

Among graduate programs that have accepted Valpo students of actuarial science are Carnegie Mellon University, Purdue University, the University of Chicago, and the University of Wisconsin.

Programme Structure

Courses include:

Financial Accounting

Managerial Accounting

Principles of Econ-Micro

Business Spreadsheet Applications

Business Applications Programming

Programming

Calculus

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2025-08-20 00:00:00
- Apply before 2025-05-01 00:00:00 , International
Starting 2026-01-14 00:00:00
- Apply before 2025-10-01 00:00:00 , International

More details

National: Rolling admissions throughout the year.

Language

English

IELTS

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110

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Credits

126 SCH

Delivered

On Campus

Disciplines

Actuarial Science View 314 other Bachelors in Actuarial Science in United States

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

IELTS

Free IELTS Mock Tests!

PTE Academic

Schedule a PTE test!

TOEFL^® IBT

Schedule TOEFL®

Duolingo English Test

110

Take A Free Practice Test!

Check IELTS test dates and locations. Book an IELTS test now!

Other requirements

General requirements

You can enroll as an undergraduate if you:
- Earned or will earn a high school diploma
- Submit your high school and/or college transcripts
- Submit a personal statement so we can get to know you better
- Want to live your life to the fullest
International students:
- Your application to Valparaiso University
- A copy of your passport
- An official copy of your high school transcripts, with an English translation if they are in another language.
- Test Scores and Proof of English Proficiency.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Valparaiso University and/or in United States, please visit Student Insurance Portal.

Tuition Fee

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International

48820 USD/year

Tuition Fee

Based on the tuition of 48820 USD per year during 48 months.
National

48820 USD/year

Tuition Fee

Based on the tuition of 48820 USD per year during 48 months.
In-State

48820 USD/year

Tuition Fee

Based on the tuition of 48820 USD per year during 48 months.

Living costs for Valparaiso

1223 - 1978 USD /month

Living costs

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 Actuarial Science.

Available Scholarships

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

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