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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

Intake Aug 2023

Sep 2022, Jan 2023

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USD 31660

Tuition Fee (USD)

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USD 60

Application Fee

Duration icon

48 months

Duration

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6

IELTS

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61

TOEFL

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60%

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.

Additional Information

Program Level 4-Year Bachelor's Degree

Application Processing Days 30

Program Intensity Full-Time

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 With no band less than 5.5
    61 TOEFL Score Minimum Overall Score
    55 PTE Score Minimum Overall Score
    90 Duolingo Minimum Overall Score
    60% CGPA Minimum Overall Score

    All 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

    31660

    Tuition Fee
    (USD)

    USD 60

    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.

    Frequently Asked Questions

    Have questions? we have all the answers. Find out all the information you need about this program, student visa, work permit, and more.

    Category
    Questions

    Student Visa

    When Should I Apply?

    4 to 6 months

    Bank Account?

    No Need

    Duration of visa

    Course Duration + 3 Months

    Time to Wait for Visa

    35 Days

    Appointment

    Required

    How can you apply

    Cost and Expenses

    Fee

    Visa Fee

    Minimum Funds

    833 CAD, 917 CAD

    Other Expenses

    Medical Fee and more

    Examination and Skills

    Medical Examination

    Required

    Language Skills

    Required

    Work Permit

    Students who wish to work in Canada require a work permit to do so. A student in Canada can work part-time during the course of his studies and full-time during holidays and semester breaks and post the completion of their course/program.

    Work Permit

    Till valid study visa

    Working Hours

    20 hours/week

    Documents Required

    Study Permit

    Social Insurance Number

    Study Permit

    Post Graduate Work Permit

    The Post- Graduation Work Permit (PGWP) allows you to work for three years in Canada if you have completed a two years degree or more.

    Let's Talk
    Application

    Form or Online

    Documents Required

    List of Documents

    When to Apply

    First 3 months

    How long does it take?

    90 Days

    Duration

    3 Years

    Fees

    CAD 255

    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

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