Overview
For example, an insurance company that sells homeowner’s insurance must take into account how often houses burn down and what the replacement costs are when setting the insurance premium (yearly payment) for homeowners’ insurance.
Key features
If the premium is set too low, then on average the company will not collect enough money in premiums to cover the replacement costs of the homes it insures. But if the premium is set too high, customers will choose other insurance companies which offer lower rates.
Another example is that the State of Ohio manages a pension fund for its employees. Out of each employee’s paycheck a certain percentage is contributed to the fund and this money is invested until the employee retires.
Career Opportunities
- The Jobs Rated Almanac, in four previous editions, has rated actuary the top job twice, and the second best job the other two times.
- Students graduating from this specialization have opportunities to work in a wide variety of fields including insurance, pension plan design, health care, consulting, risk management and many others.
- The department cooperates with major companies who send recruiters to BGSU every year. Among these are Nationwide Insurance (Columbus), PriceWaterhouseCoopers (Chicago) and Watson Wyatt Worldwide (Cleveland).
- Graduates with this specialization in Actuarial Science at the Bowling Green State University have been very successful in finding employment immediately after graduation. Some graduates are currently in high-level management positions. Current students have also been successful in finding summer and academic-year internships.
Accreditation
The University is accredited by the Higher Learning Commission and a member of the North Central Association.
Programme Structure
Courses include:
- Calculus
- Linear Algebra
- Probability
- Statistics
- Computer Science
Key information
Duration
- Full-time
- 48 months
Start dates & application deadlines
- Starting
- Apply before , International
- Apply before , National
-
- Starting
- Apply before , International
- Apply before , National
-
Language
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Credits
Delivered
Campus Location
- Bowling Green, United States
Disciplines
Actuarial Science View 262 other Bachelors in Actuarial Science in United StatesWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
- Undergraduate students may be admitted to BGSU after successful completion of 12 years of formal studies in primary and secondary schools.
- $75 non-refundable application fee
- Official transcripts from secondary school and from any post-secondary school attended (no photocopies accepted)
- A copy of the applicant's passport or National ID
Tuition Fees
-
International Applies to you
Applies to youNon-residents22330 USD / year≈ 22330 USD / year - Out-of-State22330 USD / year≈ 22330 USD / year
-
Domestic
Applies to youIn-State14342 USD / year≈ 14342 USD / year
Living costs
Bowling Green
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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