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Actuarial Science, B.Sc.

  • Application Deadline
  • 48 months
    Duration
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Overview

The analysis of risk

Whether your actuarial science career is in the realm of insurance or finance or even criminal justice, to be an actuary is to help others avoid unnecessary risk. The Actuarial Science program of Concordia University Wisconsin will prepare you for The Society of Actuaries Exams P and FM by giving you a strong liberal arts foundation with a Christian emphasis.

This is an intense field, and it takes a lot of work and dedication to prepare you for your Society of Actuaries Exams. That’s why it’s an incredible benefit to you that our program consists of small class sizes to maximize the personal attention you get from your professors. It really makes all the difference, and will get you where you need to go quicker.

The program itself encompasses a three-part curriculum that includes a liberal arts core, a business common body of knowledge, and a specialization in actuarial science. So in addition to classes like Econometrics, International Business, and Linear Algebra and Differential Equations, you’ll round out your education with classes in literature, history, and theology.

What to expect

Yes, it’s demanding. But it’s incredibly rewarding as well. High school students are encouraged to get as many AP credits as you can before you begin the actuarial science program. Once you’re in the program, we strongly encourage you to take (and pass, obviously) your SOA Exams P and FM while you’re still in college. It’s especially important for you to pass your Exam P before or during your junior year, because it’s the only way you’ll be able to secure an actuarial science internship.

Detailed Programme Facts

  • More details:

    Plan to apply 3-4 months prior to your intended start date.

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

Programme Structure

Courses include:

  • Macroeconomics
  • Statistics
  • Public Speaking
  • Interpersonal Communication
  • Financial Accounting
  • Managerial Accounting

English Language Requirements

  • Minimum required score:

    61

    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.

    Get a free IELTS practice test
  • Minimum required score:

    55

    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.

Academic Requirements

You need the following GPA score:

Required score: 2.5

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 2.5 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • Graduation from the equivalent of US high school 
  • GPA equivalency of a 2.5 on a 4.0 scale
  • Proof of English language proficiency with minimum scores of 61 TOEFL, 6 IELTS or 55 PTE (students without these scores can still apply for conditional admission)
  • ACT or SAT is not required for admission, but a result will increase scholarship options

Tuition Fee

  • International

    30060 USD/year
    Tuition Fee
    Based on the original amount of 30060 USD per year and a duration of 48 months.
  • National

    30060 USD/year
    Tuition Fee
    Based on the original amount of 30060 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 Mequon

  • 1621 - 2690 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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