Overview

Actuaries apply mathematics, probability theory, statistics, finance, economics and computer science to analyze past data and use that information to determine how much money should be set aside to cover the financial losses which could occur in the future. They attempt to quantify the risk of an event occurring using probability analysis so that its financial impact can be determined.

Becoming an actuary

To become a certified actuary, one must pass a series of actuarial exams. In order to improve one's career prospects, it is suggested that students try to pass at least one or two exams before graduation from the Actuarial Science program at Florida Agricultural and Mechanical University. For the insurance industry, they develop, price, and manage insurance products.

They are involved in defining and creating pension and retirement plans for organizations. They serve as financial planning advisors. Actuaries also provide financial services, such as banking and investment management. They work with government institutions such as the Social Security Administration, the Department of Labor, and Medicare to manage social programs and to develop regulations and legislation.

Programme Structure

Courses included:

Principles Of Economics
Financial Accounting Principles
Differential Equations
Advanced Calculus
Numerical Analysis
Principles Of Management

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-01-07 00:00:00
- Apply before 2026-12-06 00:00:00 , International
Starting 2027-08-25 00:00:00
- Apply before 2027-04-01 00:00:00 , International
- Apply before 2027-05-01 00:00:00 , National

Language

English

Duolingo English Test

120

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TOEFL^® IBT

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IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

Florida City, United States

Disciplines

Actuarial Science View 262 other Bachelors in Actuarial Science in United States

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Academic requirements

GPA

English requirements

Duolingo English Test

120

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TOEFL^® IBT

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IELTS

6.5

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Other requirements

General requirements

A $35 nonrefundable application fee is required.
Submit an official or certified copy of all secondary and post-secondary records and/or examination results
Submit official ACT and/or Redesigned SAT results, if entering as a freshman or sophomore transfer student.
Complete the International Student Financial Statement.
Submit all AICE, AP, IB, or CLEP results if you have earned college credit through one of these accelerated mechanisms.
Submit official English Proficiency TOEFL and/or IELTS Test Scores if your native language is not English
Official GED transcript, if applicable
500 word essay; part of application
Two letters of recommendations teacher and/or counselor; part of application

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

17585 USD / year

≈ 17585 USD / year
Out-of-State

17585 USD / year

≈ 17585 USD / year
Domestic

Applies to you

In-State

5697 USD / year

≈ 5697 USD / year

Living costs

Florida City

United States

900 - 1400 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 Actuarial Science.

Available Scholarships

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About

Overview

Becoming an actuary

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

Florida City

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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