About the course
Actuarial science is the discipline that applies mathematical and statistical methods to assess financial risk in insurance and other industries and professions. Actuaries apply mathematics, probability theory, statistics, finance, economics and computer science to analyze past data and use that information to determine how much money should be set aside to cover the financial losses which could occur in the future. They attempt to quantify the risk of an event occurring using probability analysis so that its financial impact can be determined. To become a certified actuary, one must pass a series of actuarial exams. In order to improve one's career prospects, it is suggested that students try to pass at least one or two exams before graduation. For the insurance industry, they develop, price, and manage insurance products. They are involved in defining and creating pension and retirement plans for organizations. They serve as financial planning advisors. Actuaries also provide financial services, such as banking and investment management. They work with government institutions such as the Social Security Administration, the Department of Labor, and Medicare to manage social programs and to develop regulations and legislation. Scholarships - View all scholarships Internships
Start dates and prices
Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.
Duration: 8 Semester(s)Fees: Not available
How to apply
Entry requirements for Florida Agricultural and Mechanical University
Completed the equivalent of a U.S. secondary school and have not earned a university degree equivalent to a US bachelor's degree.TOEFL: Internet-Based TOEFL: 80 Paper-Based: 550. IELTS: 6.
English language requirements
6.0
Overall IELTS band score
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Practice and prepare
TOEFL Internet based overall score: 80.0
Application deadline:
This date isn’t available – speak to an IDP counsellor to get detailed information.
Further information
Career outcomesIf you aren’t eligible for the above entry requirements, you might want to explore pathway options at Florida Agricultural and Mechanical University. If you want to find out more, please speak to our counsellors.
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1001st / 1250
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