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 | |
---|---|---|
jan 2024 | Closed | |
aug 2024 | Closed | |
may 2024 | Closed | |
jan 2025 | Closed | |
aug 2025 | 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.
When applying for admission to CUW, you will have to submit a proof of your ability to cover all expenses at least during the first year of your stay here. As an international student at CUW you will not be eligible for any type of financial assistance that is offered for the American students (scholarships, fellowships, grants). It is also extremely difficult to get a loan from any American bank. This means that it is your responsibility to find funds needed and you cannot count on any financial source in the U.S. You cannot expect to obtain this money by undertaking employment because according to the Immigration and Naturalization Service (INS) regulations, you may not engage in any type of off-campus employment until the end of the first academic year. Any subsequent employment is strictly regulated and limited in time. In regard to this, before coming to the U.S. carefully consider if you have the necessary financial resources to cover your tuition and living expenses at least for the first year of your stay.
There are limited institutional scholarship opportunities for international undergraduate students. Possible scholarships are based on academic performance. The student must apply each semester.
Undergraduate students
Financial aid in the form of institutional scholarships and grants is available to qualifying undergraduate students.
Awards are solely based on GPA. Through theĀ Luther Promise schlorship, a student who has managed to obtain a 3.79 GPA or above can recieve a maximum of $18,000.
Graduate assistantships
The only financial assistance available for international students is offered to graduate students in the form of graduate assistantship positions. Both international and American graduate students are eligible for the assistantship positions. Graduate students are offered a job in one of the departments that offer positions. Graduate assistants undertake to work 20 hours per week for one calendar year. At the end of each month the department you work with (sign a contract) pays $1,000. You can use this money either for covering your tuition, living or other expenses.
In order to apply for a graduate assistantship position, by May 1st you would have to submit the following documents:
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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