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Bachelor of Arts in Mathematical Studies, Specializations in Actuarial Science (STEM) Southern Illinois University Edwardsville Southern Illinois University Edwardsville, USA

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USD 19950

Tuition Fee (USD)

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USD 41 Waived

Application Fee

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48 months

Duration

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6

IELTS

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72

TOEFL

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50%

Min GPA

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.

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Additional Information

Program Level 4-Year Bachelor's Degree

College/University Processing Time 21

Program Intensity Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2024, Jan 2025

Closed

Jan 2024

General Admission Requirement

    Academic Requirement

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

    6 IELTS Score
    72 TOEFL Score Minimum Overall Score
    50 PTE Score Minimum Overall Score
    110 Duolingo Minimum Overall Score
    50% CGPA Minimum Overall Score

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    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

    19950

    Tuition Fee
    (USD)

    USD 41 Waived

    Application Fee
    (USD)

    13000 Per year

    Average Cost of Living
    (USD)

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    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

    Affordable Education
    SIUE offers academic excellence that is affordable. Our tuition and required fees are among the lowest of all four-year institutions in Illinois.

    Graduate scholarships, fellowships and assistantships are awarded to qualifying students each year helping finance graduate education and providing opportunities for scholarly and creative activities. Additionally, the International GEO Scholarship offers a special tuition rate that is a 50% tuition reduction for academically qualified international students.

    As an international student, you are required to show that you have the funds to support yourself for an entire calendar year before you can get a visa.

    To help you get an idea of expected costs, please review the estimated tuition, fees and living expenses for one academic year.

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