program detail

Home > Study in USA > Concordia University Wisconsin > Bachelor of Science in Actuarial and Data Sciences

Bachelor of Science in Actuarial and Data Sciences Concordia University Wisconsin Concordia University Wisconsin, USA

Application icon

USD 33750

Annual Tuition Fee

!
*Subject to change and other fees
Application icon

 Free

Application Fee

Duration icon

48 months

Duration

Duration icon

6

IELTS

Duration icon

61

TOEFL

Duration icon

55%

Min GPA

Program Overview

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.

Read more

Additional Information

Program Level 4-Year Bachelor's Degree

College/University Processing Time 21 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Closed

Jan 2024, Aug 2024, May 2024

General Admission Requirement

    Academic Requirement

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

    6 IELTS Score
    61 TOEFL Score Minimum Overall Score
    55 PTE Score Minimum Overall Score
    90 Duolingo Minimum Overall Score
    55% CGPA Minimum Overall Score

    Similar Programs

    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    33750

    Tuition Fee
    (USD)

     Free

    Application Fee
    (USD)

    12000 Per year

    Average Cost of Living
    (USD)

    info icon

    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.

    Scholarships

    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 the 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:

    • Fill in a graduate assistantship application form
    • Obtain two letters of recommendation from your professors
    • Prepare a current resume with your biography
    • Write a cover letter addressed to the Graduate Assistant Selection Director explaining reasons for applying for a position

    Not sure what you are looking for?

    Don’t worry, we are here to help.

    Let's Talk

    World class education waiting for you.

    Popular university and colleges for Studying abroad.

    Popular English Language Proficiency Exams

    Study in USA Blogs & Articles