USA,Wisconsin
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USA, Wisconsin
Type: University
Location Type: Semi-Urban
Founded: 1881
Total Students: 8,000 +
Int. Students: 540 +
Main Campus Address
12800 N Lake Shore Dr, Mequon, WI 53097, United States
More and more, actuaries use data analytics to help assess risk and inform policy. Concordia's new Actuarial & Data Sciences major meets the market's demands by preparing students with current, relevant knowledge and skills in both actuarial science and data analytics.
Actuarial science is an intense field, and will require a sharp, analytical mind, coupled with hard work and dedication to pass the certification exams and practice as an actuary. But it is a rewarding field, and in high demand. According to the Bureau of Labor Statistics, the median pay is over $110K, and the demand for actuaries is expected to increase 24% by 2030.
Actuaries assess risk to help make wise decisions for their organizations. Most actuaries work in insurance, but they can also work in finance, healthcare administration, wealth management, and any other industry where predictions and decisions must be made to mitigate risk.
Like all industries, the actuarial science profession is constantly changing to adapt to new technologies. With the computing capabilities that we now have, actuaries are increasingly dependent on data science and analytics. In 2021, the Society of Actuaries announced a change in their Associate of the SOA (ASA) education requirements, including an updated curriculum designed to meet employer and market demands for increased coverage of data analytics.
Concordia's new actuarial and data sciences major couples proven actuarial science methodologies with cutting edge data science technologies to thoroughly prepare tomorrow's actuaries with the skills needed to assess risk in the modern world.
4-Year Bachelor's Degree
21 Days
Full-Time
48 Months
Intake Month/Year | Intake Status | |
---|---|---|
aug 2025 | Closed | |
jan 2026 | Not Available |
*Note: The fee is approximate and is subject to change
*Note: The fee is approximate and is subject to change
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Check program website for more information about funding options.
Type of Scholarship | Scholarship Information | Amount/ Range |
Undergraduate Scholarships & Grants Presidential Scholarship Talent Scholarships Concordia Grant Luther Promise Graduate Students Graduate Assistantship |
Undergraduate Scholarships & Grants Presidential Scholarship Criteria: Based on academic performance Note: Must be applied for each semester Talent Scholarships Criteria: Based on audition or portfolio review Note: Renewable each semester with reapplication Concordia Grant Criteria: General institutional aid (specific criteria not detailed) Note: Reapplication required each semester Luther Promise Criteria: Not specified Note: Institutional award, apply each semester Average total aid awarded to undergraduate international students: $17,000/year Graduate Students Graduate Assistantship Criteria: Must be a graduate student (international or domestic) Work 20 hours per week in a department with an assistantship opening Submit by May 1: Application form 2 letters of recommendation Resume with biography Cover letter addressed to Graduate Assistant Selection Director Usage: Funds can be applied toward tuition, living, or other expenses LINK: https://www.cuw.edu/admissions/financial-aid/international.html |
Undergraduate Scholarships & Grants Presidential Scholarship Amount: $9,000 – $12,000 per year Talent Scholarships Amount: Varies Concordia Grant Amount: $5,000 Luther Promise Amount: $3,000 Average total aid awarded to undergraduate international students: $17,000/year Graduate Students Graduate Assistantship Amount: $1,000/month for 12 months ($12,000/year) |
Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.
It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.
A student can participate in three types of Optional Practical Training (OPT):
Program Level: 4-Year Bachelor's Degree
Duration: 48 months
Tuition Fee: CAD 34,950
English Requirement: IELTS TOEFL PTE DUOLINGO
Work Permit:
Outreach, A Student Referral Program by Canam
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