BS in Actuarial Science

Trine University, United States Ranked #60 in North America

bs-in-actuarial-science

Next enrollment cycle

January 2022

See all cycles

First Year Course Fee

USD 47,649

Course Accredited By

THLC

  • 4 Years
  • On Campus
  • Undergraduate
  • Degree

You may get a thrill from taking risks, but most businesses don’t. With the Bachelor of Science in Actuarial Science degree from Trine University, you can make a career out of helping determine how much risk is acceptable.
 

Actuaries analyze future events to help businesses and government institutions manage risk and uncertainty. In these uncertain times, there is more demand for actuaries than ever.

The degree: Preparation for an actuarial career

The Bachelor of Science in Actuarial Science program at Trine University prepares students for a career as an actuary. Graduates will have the knowledge and skills to pass the preliminary exams P (Probability) and FM (Financial Mathematics) as given by the Society of Actuaries, as well as the foundation needed to prepare to pass the remaining exams offered by the society.

The experience: Foundations in math, probability and finance

Courses in the Bachelor of Science in Actuarial Science program include the broad range of mathematics, probability and finance needed for success in the actuarial profession.

Students will learn to solve problems in a non-deterministic setting using appropriate statistical and probabilistic methods, and to solve problems in a deterministic setting in finance and investments. They also will apply probabilistic and statistical tools and methods to areas such as finance, investments, insurance and risk analysis.

The result: A successful career path in government, finance or business

Graduates who eventually pass actuarial exams can be employed by the government or by any business that needs to manage financial risk, including insurance companies, consulting firms, large corporations, hospitals, banks and investment firms.

Enrollment Cycles

  • January 2022
  • May 2022
  • August 2022

Admission requirements for transfer students: 

  • Transfer students applying to the Allen School of Engineering and Computing must have a minimum cumulative grade point average of 2.5 and a grade of “C” or better in Calculus I, Chemistry I, and College Composition.
  • Transfer students applying to the Franks School of Education must have a minimum cumulative grade point average of 3.0 and a grade of “C” or better in a mathematics course, a social sciences or humanities course, and English Composition 1.
  • Transfer students applying to the Rinker Ross School of Health Sciences must have a minimum cumulative grade point average of 2.5 and a grade of “C” or better in a mathematics course, a social sciences or humanities course, and English Composition 1.
  • Transfer students applying to the Ketner School of Business and the Jannen School of Arts and Sciences must have a minimum cumulative grade point average of 2.25 and a grade of “C” or better in a mathematics course, a social sciences or humanities course, and English Composition 1.  

High School Transcripts:

  • Request your high school to send a copy of your current transcript to Trine.
  • Transcripts can be submitted via mail, fax, Parchment, screenshot, and e-mail.
  • Trine University is Test Optional for the 2021-2022 and 2022-2023 academic years. "Test-optional" means that standardized tests are not required from high school students when they are considered for admission to Trine University.  Of course, students can still choose to submit their test scores, however, those scores will be considered to be only part of the student’s overall academic record.  
  • High school students can take the American College Test (ACT) and/or the Scholastic Aptitude Test (SAT) and request that scores be sent to Trine.
  • The University's code numbers are 1250 for the ACT and 1811 for the SAT.  
  • Test scores can be submitted via mail, fax, Parchment, screenshot, or e-mail and may be sent FREE from College Board to your counselor at any time.

Total Credit Hours - 120

General Education Requirements - 42 credit hours

MA 312 Historical Aspects of Mathematics

Select one:

•  PH 224 University Physics I & PH 234 University Physics II

•  CH 104 General Chemisty I & CH 114 General Chemistry II

•  BIO 114 Principles of Biology I  & BIO 124 Principles of Biology II

•  PHL 343 Logic

•  ECO 213 Microenomics

•  ECO 223 Macroeconomics

•  Humanities Elective - 3 credit hours

•  ENG 143 College Composition or ENG 133 Technical Cimmunication

•  HUM 203 Humanities Seminar

•  SP 203 Effective Speaking or COM 163 Interpersonal Communication

•  EXS 102 Lifetime Wellness

•  CSIT 163 Using Proframming Languages to Solve Problems or CS 1113 Introduction to Object-oriented Programming

•  BA 213 Advanced Spreadsheets for Business

•  General Education Elective - 3 credit hours

•  UE 101 University Experience

Content Requirements - 44 credit hours

A grade of "C" or higher is required for each content course in the major.

•  MA 134 Calculus I

•  MA 164 Calculus II

•  MA 213 Calculus III

•  MA 233 Differential Equations

•  MA 313 Linear Algebra

•  MA 343 Sets and Logic

•  MA 3093 Probability

•  MA 393 Probability and Statistics

•  MA 3193 Financial Mathematics

•  MA 3293 Advanced Probability and Statistics

• MA 403 Advanced Calculus

•  MA 4093 Actuarial Modeling (Capstone)

•  FIN 303 Managerial Finance

•  FIN 403 Investments  

Free Electives - 12 credit hours

Non - Engineering

• ONE-TIME Intl Enrollment Fee:  $500  

• ONE-TIME Housing deposit:  $150  

• Tuition:                                         $33,650  

• Intl Health Insurance:               $1,499  

• Housing & Meal Plan:             $11,700  

• Student Fee*                                 $530  

• Parking Permit Fee**                   $120  

• Total Annual Estimate ***         $47,649  

 

Interested in this course?

Our Admissions Counsellors would love to assist!