Why IU East Online? Affordable Indiana University degree, courses flexible to your schedule, dedicated credit transfer counselors, plus, IU East pioneered online education at IU!
The online BS in Actuarial Science offers instruction in mathematics, actuarial mathematics, probability and statistics, finance, statistical modeling, data analysis, and software application.
Study the key concepts of insurance, risk management, and interest theory. Solve conceptual and computational problems. Learn to price risk to determine premiums, analyze data, determine suitable models and parameter values, and provide measures of confidence. Calculate present and accumulated values for various streams of cash flow.
You will learn mathematical methods to evaluate financial instruments and evaluate and price the risk that is inherent in all financial investments. You are likely to find entry positions in the insurance and financial industry.
The learning outcomes for this BS align with actuarial science core competencies as outlined by professional organizations such as the Society of Actuaries and the American Academy of Actuaries. This program prepares you for success in the first two professional exams in actuarial science, and provides the foundation for subsequent exams.
This program is part of the School of Natural Science & Mathematics.