Bachelor's Degree

Applied Mathematics and Statistics Actuarial (BS)

Liberty University, Applied Mathematics and Statistics Actuarial (BS)

At Liberty University, the Bachelor of Science in Applied Mathematics and Statistics Actuarial program is tailored for those eager to harness the power of numbers to assess risk and make informed decisions. You'll delve into the mathematical sciences, equipping yourself with analytical skills and statistical knowledge crucial for a career in the actuarial field. This program is perfect if you're aiming to embark on a career that blends math with real-world applications in insurance, finance, or any industry where risk assessment is key.

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Key Information about Applied Mathematics and Statistics Actuarial (BS)
Program Description

As you explore the Applied Mathematics and Statistics Actuarial (BS) program at Liberty University, you'll find yourself at the crossroads of mathematics, risk assessment, and business strategy. This program is designed to equip you with a robust understanding of analytical techniques and statistical methods, crucial for evaluating financial risks. With a curriculum deeply rooted in mathematics, statistics, and computing, you'll be well-prepared to meet the demands of the actuarial profession.

At Liberty University, you'll learn to analyze complex data and apply mathematical skills to real-world problems, building a solid foundation for a career in risk management or financial consulting. The program not only delivers theoretical knowledge but also encourages industry connections and practical experience. Here, you'll gain the competence to make informed decisions that affect business strategies, all within a supportive and academically stimulating environment.

Career Opportunities

By pursuing a Bachelor of Science in Applied Mathematics and Statistics with a focus on Actuarial Science at Liberty University, you open doors to a range of exciting career opportunities. You can step into roles such as actuary, financial analyst, risk manager, or data analyst, each offering a chance to apply your skills in analyzing data and assessing risk. The program also lays a strong foundation for further studies in mathematics or finance, helping you stay competitive in a field where demand for skilled professionals is on the rise.

Earning Potential

According to the U.S. Bureau of Labor Statistics (BLS), the median annual wage for actuaries was $120,000 in May 2023, with employment projected to grow 23% from 2022 to 2032, much faster than the average for all occupations.

Source – https://www.bls.gov/ooh/math/actuaries.htm

Duration

The B.S. in Applied Mathematics and Statistics Actuarial at Liberty University typically takes four years to complete for full-time students. Part-time study options may extend this timeline, while transfer students with relevant coursework might finish their degree more quickly.

Requirements

To pursue the Liberty University, Applied Mathematics and Statistics Actuarial (BS) degree program, you must meet the following requirements:

  • A high school diploma or GED equivalent
  • Official transcripts from prior educational institutions
  • Basic skills in mathematics, analytical thinking, and problem-solving
  • SAT/ACT scores
  • Strong interest in statistics, mathematics, and finance
  • Demonstrated ability to work independently and in a team
Tuition and Fees

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