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Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

Southern Illinois University Edwardsville

USA,Illinois

0 Shortlist

48 Months

Duration

CAD 19,950/year

Tuition Fee

CAD 41 FREE

Application Fee

Apply Date

USA, Illinois

Type: University

Location Type: Semi-Urban

Founded: 1957

Total Students: 13,000 +

Campus Detail

Main Campus Address

1 Hairpin Dr, Edwardsville, IL 62025, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

Program Overview

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Actuarial Science
What are the odds that an earthquake will cause catastrophic damage in a particular area? How should an insurance company determine how much to charge for life insurance? Actuarial science is a focused discipline that uses mathematical and statistical models to assess the financial, economic and business implications of future events.

According to the Society of Actuaries, an actuary combines the skills of a business executive, mathematician, and financial and investment manager. Actuarial science is an ideal concentration for students interested in careers that deal with studying risks related to economics, finance and social issues.

Detailed Program Facts

Program Level

4-Year Bachelor's Degree

Application Processing Days

28 Days

Program Intensity

Full-Time

Duration of Program

48 Months

Program Intakes

Intake Month/Year		Intake Status
aug 2024		Closed
jan 2025		Not Available
aug 2025		Closed
jan 2026		Not Available

Application Fee

Application Fee: CAD 41 FREE

Tuition Fee

CAD 19,950 per year

*Note: The fee is approximate and is subject to change

Living Cost in Southern Illinois University Edwardsville

CAD 16,903 per year

*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.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.0 - 5.5 - With No Band Less Than
TOEFL
- Minimum Overall Score - 72
PTE
- Minimum Overall Score - 50.0
DUOLINGO
- Minimum Overall Score - 110.0

Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.

Minimum CGPA Required: 60.00 %

Additional Information

Scholarships

Competitive Basis Scholarship

Scholarship Information: UG - No scholarships and PG - 1000-2000 vary and this will grant once student will be on campus and on competitive basis.
Amount/ Range: PG - 1000-2000.

Work Permit

PGWP

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):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.

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Bachelor of Arts in Mathematical Studies...

Program Level: 4-Year Bachelor's Degree
Duration: 48 months
Tuition Fee: CAD 19,950

Application Fee: CAD 41 FREE

English Requirement: IELTS TOEFL PTE DUOLINGO

Work Permit:

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