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Actuarial Science, B.Sc.

  • Application Deadline
  • 48 months
    Duration
Topeka, KS, United States
The Actuarial Science program of Washburn University is recognized by the Society of Actuaries as an advanced undergraduate program. Our coursework prepares majors in this program to be able to pass the first two examinations of the Society of Actuaries.
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Overview

Actuaries analyze the financial costs of risk. They use mathematics, statistics and financial theory to assess risk, and they help businesses and clients develop policies that minimize the cost of that risk. Actuaries’ work is essential to the insurance industry, and many actuaries are employed within the insurance industry. Others apply their expertise to financial matters outside of the insurance industry, such as developing investment strategies that manage risks and maximize returns for companies or individuals. Actuaries can also work in public sector or as consultants on a contract basis.

A bachelor's degree obtained in the Actuarial Science program of Washburn University is available as a bachelor of science or a bachelor of arts. While the core mathematics courses are the same, the other courses required vary. A bachelor of science requires a minor from the natural sciences: biology, chemistry, physics & astronomy, or computer information science. A bachelor of art requires more hours from the humanities and social sciences.

Alumni

"Washburn University's Actuarial Science program provided the opportunities I needed to position myself higher than actuarial students coming out of other universities. The program provided classes that prepared me for great success in the preliminary exams, helping me pass several exams before graduation. If I hadn't decided to go to Washburn for Actuarial Science, I don't think I would've had half the success I've had in this field." - Brian Oxendine, '14, ASA-designated actuary

Detailed Programme Facts

  • More details:

    Domestic students can apply to Washburn up until one week prior to the last day to enroll for a given semester.

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Calculus and Analytical Geometry
  • Theory of Interest
  • Linear Algebra
  • Applied Statistics
  • Mathematical Statistics
  • Regression Analysis

English Language Requirements

  • Minimum required score:

    72

    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:

    6

    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:

    40

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

    More about PTE Academic

General Requirements

  • International Online Application for Admission
  • Signed and Completed Financial Disclaimer Form
  • Original Financial supporting documents, such as a current bank statement
  • USD $70 non-refundable application/processing fee. Payment options include TouchNet, money order, or bank check payable to Washburn University
  • Original transcripts
  • iBT TOEFL or IELTS score report if applying for full admission

Tuition Fee

  • International

    681 USD/credit
    Tuition Fee
    Based on the original amount of 681 USD per credit and a duration of 48 months.
  • National

    681 USD/credit
    Tuition Fee
    Based on the original amount of 681 USD per credit and a duration of 48 months.
  • In-State

    300 USD/credit
    Tuition Fee
    Based on the original amount of 300 USD per credit 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 Topeka

  • 900 - 1400 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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