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Actuarial science is the study of the financial implications of uncertain future events. Actuaries study how to quantify and manage risk primarily in the fields of life and health insurance, pensions, employee benefits, and investments. They also work as financial consultants and as government employees on Social Security and Medicare issues.
Actuaries must have excellent quantitative reasoning skills in addition to an understanding of modern business and finance. To become an actuary, a candidate must pass a series of exams in areas such as probability, financial mathematics, and actuarial modeling.
Academic qualification equivalents
English language requirements
University Type | Private |
Establishment Year | 1859 |
Location | Valparaiso, Indiana |
Campus Setting | Suburban |
Mode of Program | Full-time |
Total enrollment | 3,521 |
Student-faculty ratio | 11:1 |
Campus Housing Capacity | 60% |
Retention Rate | 84% |
Graduation Rate | 71% |
Financial Aid | Scholarships |
Fee | Cost |
---|---|
Tuition | $40,520 |
Books and Supplies | $1,200 |
Other Fees | $1,300 |
Room and Board | $12,260 |
Budget for Other Expenses | $1,620 |
Total One Year Cost | $56,900 |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |