Actuarial Science
    Duration4 year(s)
    Tuition Fee
    USD 42,840 / Year
    Next IntakeAugust 21, 2023

    Actuarial Science

    About

    Actuaries manage risk, and the Actuarial Science (BS) degree at Appalachian State University is a great entry point to this profession that uses numbers to evaluate the likelihood of future events, designs creative ways to reduce risk, and decreases the impact if undesirable events do occur.

    In this degree, you will build a firm foundation in basic mathematics, statistics, and economics and finance. Courses will prepare you for the first three actuarial exams, Exam P – Probability, Exam FM - Financial Mathematics, and Exam MLC – Models for Life Contingencies.

    Unlike many other schools, Appalachian has an actuarial science major, not just a concentration. Appalachian's program is the only major in the University of North Carolina system designed completely from the bottom up to prepare students to be actuaries.  It is housed in the Department of Mathematical Sciences.

    Disciplines

    BusinessMathematics/Statistics

    Requirements

    Entry Requirements

    • A complete online application
    • A non-refundable application fee of $65 (USD)
    • Official high school/secondary school transcript
    • Official test scores (TOEFL, IELTS, Duolingo, SAT* or ACT**)
      • If school is in an English-speaking country, we must have SAT or ACT whereas schools in non-English-speaking countries do not need the SAT / ACT
      • Applicants who do/did not attend school in an English-speaking country must provide a TOEFL, IELTS, Duolingo English Test, SAT or ACT score 
      • Applicants who attend(ed) school in an English-speaking country must submit an SAT or ACT score
    • Official college transcripts
    • Additional information if requested, upon submission of your application, by the Office of Admissions (This may include submitting a Criminal Background Check and Conduct Review as required by the UNC System.)
    • All applicants claiming to be a resident of North Carolina must request a residency determination through the Residency Determination Service (RDS)

    *SAT evidence-based reading and writing and math, without the writing.

    **ACT composite, without writing.

    English Requirements

    • IELTSMin 6
    • TOEFLMin 78

    Career

    Some of these jobs may require education beyond a bachelor's degree.

    • Actuary
    • Bank Manager
    • Banking/Credit/Investment Manager
    • Budget Analyst
    • Compensation/Benefits Administrator
    • Cost Manager
    • Data Control Administrator
    • Economist
    • Estate Planner
    • Financial Analyst
    • Inventory Manager
    • Job Analyst
    • Logistics Manager
    • Management Analyst
    • Market Research Analyst
    • Mergers/Acquisitions Manager
    • Mutual Fund Manager
    • Mutual Fund Trader
    • Rate Analyst
    • Sales Analyst
    • Satellite Communications Specialist
    • Statistician

    Fee Information

    Application Fee 65

    How to Apply

    • Complete an application (apply using the Common Application)
    • Provide your official high school transcript(s)
    • Provide your official or unofficial college transcript(s) for any completed college coursework*
    • Submit $65 application fee (or approved fee waiver)
    • Submit official or self-reported SAT (school code: 5010) or ACT (school code: 3062) scores (or apply with a test waiver)
    • Complete your FAFSA (application opens Oct. 1; school code: 002906)

    Actuarial Science

    Appalachian State University

    Appalachian State University

    United States of America

    United States of America, Boone