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Bachelor of Science in Actuarial and Data Sciences

Bachelor of Science in Actuarial and Data Sciences

at Concordia University Wisconsin USA

Overview

More and more, actuaries use data analytics to help assess risk and inform policy. Concordia's new Actuarial & Data Sciences major meets the market's demands by preparing students with current, relevant knowledge and skills in both actuarial science and data analytics.

Actuarial science is an intense field, and will require a sharp, analytical mind, coupled with hard work and dedication to pass the certification exams and practice as an actuary. But it is a rewarding field, and in high demand. According to the Bureau of Labor Statistics, the median pay is over $110K, and the demand for actuaries is expected to increase 24% by 2030.

Actuaries assess risk to help make wise decisions for their organizations. Most actuaries work in insurance, but they can also work in finance, healthcare administration, wealth management, and any other industry where predictions and decisions must be made to mitigate risk.

Like all industries, the actuarial science profession is constantly changing to adapt to new technologies. With the computing capabilities that we now have, actuaries are increasingly dependent on data science and analytics. In 2021, the Society of Actuaries announced a change in their Associate of the SOA (ASA) education requirements, including an updated curriculum designed to meet employer and market demands for increased coverage of data analytics.

Concordia's new actuarial and data sciences major couples proven actuarial science methodologies with cutting edge data science technologies to thoroughly prepare tomorrow's actuaries with the skills needed to assess risk in the modern world.

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

48

Duration

Concordia University Wisconsin

Location

Bachelor of Science in Actuarial and Data Sciences Assistant Fee

$31660

Tuition Fee

$0

Average Cost of Living

$60

Application Fee

Bachelor of Science in Actuarial and Data Sciences Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma.
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Where would you like to study*

Work Permit USA

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

  1. Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
  2. Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
  3. 24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization. 

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

48

Duration

Study Visa

English Test Requirement

6.0

Minimum Overall Score

61.0

Minimum Overall Score

55.0

Minimum Overall Score

Other Courses by Concordia University Wisconsin,USA

The purpose of this program, offered as a major or minor, is to assist you as you discover the gifts and talents God has given you for service. Although you will not train as a missionary, you will be studying how mission work is accomplished around the globe. A key element of this program is recognizing and deliberating on the challenges that arise in the mission field. Along the way, you’ll have opportunities to participate in spring break mission trips, Missions Club, and global trips that will provide you with hands-on experience.

Neither the missions major or minor is a training program. Mission groups (such as LCMS World Mission) train their own missionaries to prepare for the specific areas where they’ll be sent. The goal of our program at Concordia is to help you decide if God is truly calling you to serve as a missionary.

Several of our theology faculty have a great deal of experience in mission work and will mentor you as you explore the possibilities. By the end of the program, you’ll be well-acquainted with the urgent need for missionaries and be prepared to decide if and how you want to serve. You’ll also leave with a better understanding of how to work in cross-cultural settings, how to navigate other religions, and how to handle the challenges that come with missionary work.

48 month

Duration

$ 31660

Tuition

Health Sciences, Nursing and Emergency Services

Master of Science in Product Development - Chemical

The MPD Chemical program will provide the additional education and hands-on training that science majors need to secure jobs in the pharmaceutical or chemical product development industries; accordingly classes are taught in an applied manner.

Program highlights:

  • Centered around drug discovery work, this one- of-a-kind program fills an unmet industry need for highly skilled employees
  • You’ll focus on traditional chemistry and instrumentation principles as a way of creating and validating potential new active pharmaceutical ingredients, streamlining complex synthesis, analyzing the shelf-life of API’s, or designing cost-effective synthetic routes
  • Individual product development projects partner you with an industry expert to build on existing ideas or cultivate your own original designs
  • Curriculum blends technical skills with business strategy, market analysis, regulatory/compliance (FDA, ISO), and legal considerations (patent, licensing)

You’ll apprentice with industry partners and learn in state-of-the-art analytical and pilot-scale labs (like the new hybrid classroom/cGMP lab on the Innovation Campus). In addition, you’ll be able to take advantage of networking and collaboration opportunities provided by the Interprofessional Education (IPE) program.  

We’re here to teach you the skills you’ll need to pursue a career in chemical product development. While pursuing your MPD degree at CUW, you’ll get to:

  • Partner with industry leaders on product development projects
  • Build critical-thinking and teamwork skills through case-based teaching and labs
  • Learn how to use analytics and demand projections to make management decisions
  • Learn how to use concepts like Lean Six Sigma and sensitivity analysis to solve operations and process-optimization challenges
  • Focus on sustainability and boosting the triple bottom line: people, profit, and planet
  • Learn the entrepreneurial skills needed to start your own company

24 month

Duration

$ 21072

Tuition

If you are ready to have a positive impact in your community and the world—perhaps a degree in public service is the right fit. You emerge with analytical skills, critical thinking skills, and go on to practice in organizations fostering service and commitment to serve local, national and international organizations.
This concentration emphasizes skills needed to inform your interests and expertise needed to lead justice-related organizations, namely corrections, courts, justice administration, law enforcement, and probation/parole.

  • Criminal Justice Research Methods
  • Forensic Investigation
  • Management of Public Service Agencies
  • Criminal Justice Liability Law

If you’re going to be a defender of the law, it’s probably a good idea you study up on ethics. You’ll get plenty of that in this program, taking a look at ethical decision-making by criminal justice workers. You’ll also gain an introduction to a wide variety of other topics, like criminal psychology, as well as public policy and its effect on the American court and criminal justice system. You’ll have an opportunity to understand criminal investigation processes like interviewing, crime scene analysis, and collection of evidence. (Hint: CSI: Miami had it all wrong. Now, COPS, on the other hand …) You’ll study the law as it relates to arrests, searches, and seizures by law enforcement, probation and parole officers, and corrections officials. You’ll even study the rules of evidence and courtroom procedures.
There may not be a bat signal at the end of this program, but you’ll be thoroughly prepared for a career in court administration, security management, custodial and community-based corrections, intelligence operations, or investigations. Or maybe you’ll be more interested in municipal, state, or federal law enforcement. Or maybe state or federal probation and parole. Who knows? You could even use this degree as a good launching point for a bid at law school! Point is, you can expect this program to help you explore the incredibly exciting study of the courts, crime causation, criminal law, public policy, and the justice system.

48 month

Duration

$ 31660

Tuition

Health Sciences, Nursing and Emergency Services

Bachelor of Science in Diagnostic Medical Sonography

Diagnostic medical sonography (DMS) is a multi-specialty profession which utilizes high frequency sound waves to image the human body. Sonographers use their knowledge of anatomy, physiology and applied critical thinking to assess function and the presence of disease processes. Sonographers work under the guidance of an interpreting physician in a variety of health care settings. Concordia University offers a Bachelor’s Degree in Diagnostic Medical Sonography. The degree includes two years of core requirements and prerequisite classes specific to the major.

  • Interested in human anatomy and physiology, pathophysiology, technology, and patient care
  • Being a key member of a health care team
  • Providing one on one care to a variety of people
  • Using high tech instrumentation to create images of the human body to assist in medical diagnosis
  • Commitment to lifelong learning in a rapidly growing health care profession
  • Projected job growth for sonographers is 17% (much faster than average) between 2016-2026 according to the Bureau of Labor Statistics
  • Designed 4 year completion in a growing market with a competitive salary. 2017 median wage level for a diagnostic medical sonographer according to the U.S. Bureau of Labor Statistics is reported to be $71,410 with a range between $50,000 and $99,840.

Objectives

  • To monitor the community needs for sonographers and respond to those needs.
  • To monitor the practice of Sonography within our community and adjust our academic and clinical training to meet those needs.
  • Facilitate, monitor, and support the implementation of best practices in sonography education.
  • Develop an empathetic approach to the patient as a person, rather than a bearer of disease or injury.
  • Acquaint the student with the emotional and technical aspects of being a member of a health care team.
  • Incorporate meaningful relationships between didactic and clinical experiences.
  • Provide a personalized curriculum within the guidelines of school policies and procedures.
  • Foster an environment that enables students to master the skills necessary for functioning as a diagnostic medical sonographer.
  • To have 80% of our graduates, as measured on a rolling 3 graduating class average, take and pass the ARDMS boards that the school is accredited for.
  • To further the mission of our sponsoring institution, Concordia University of Wisconsin.

48 month

Duration

$ 31660

Tuition

Welcome to the world of technology, advancement, and innovation. You are going to be creating the future. Don’t believe us? Computer scientists are instrumental to anything and everything that involves computers. And let’s be honest, pretty much everything today involves computers. Robotics, virtual reality, and videogames are often cited as future job areas, but you could also be a part of many other fields—animation, music, automobiles, analytics…the list goes on.

What comes to mind when you think of computer science? In our modern world, there are decreasingly fewer things that don't rely on computers and technology in some shape or form, making computer science one of the most practical and versatile fields of study out there. At Concordia, we define computer science as solving problems using technology. If you can learn to create and manage technology solutions, you can apply your skills to just about any career path.

With five different concentrations available and substantial flexibility in electives, you have the power to customize this degree and make it your own. In this program, you'll receive a well-rounded education through the Concordia Core, as well as a firm foundation of computer science knowledge through our Technology Core. You'll learn the ins and outs of hardware, software, operating systems, databases, coding, and user interfaces. From there, you can branch out into one or more concentrations of computer science, specializing in the areas that are of most interest to you. You can use your electives to earn multiple concentrations, or to explore coursework in any other field at Concordia, broadening your knowledge base.

48 month

Duration

$ 31660

Tuition

It’s important for kids to stay healthy, and in order to do that they need to move and have a better understanding of their health. With a degree in K-12 physical education, you will teach students the importance of exercise and health education in order to set them up for a healthy lifestyle.

To become a physical education teacher, there is a variety of coursework involved. You will have a better understanding of the human body with exercise physiology, motor development, anatomy, and physiology. You’ll also learn the ins and out of health education with personal, family, and community health. To get to this point, you’ll gain clinical experience and feel prepared to support learners with adaptive physical education needs. Upon completion of the program, you will receive a Physical Education, Health, Athletic Coaching, and Adaptive Physical Education license.

48 month

Duration

$ 31660

Tuition

Health Sciences, Nursing and Emergency Services

Bachelor of Science in Exercise Physiology

Exercise plays an important role in a person’s overall health and well-being, but if done incorrectly, it can have unpleasant consequences. An understanding of how the body responds and adapts to exercise can help a person achieve peak fitness, lose weight, prevent disease, and maintain physical wellness. CUW’s exercise physiology program can help you harness the expertise needed to be others’ guide on their path to optimal health.

At Concordia, we’re committed to students’ overall health. In fact, it’s written in our mission statement. So you can expect the groundwork to be laid for you to be able to go out and do the same for others. By choosing to major in our exercise physiology program, you’ll have plenty of opportunities to learn about the human body and how it responds and adapts to the stress of physical exertion. You’ll be exposed to the theoretical knowledge required to conduct safe and effective fitness evaluations for at-risk populations, and you’ll have ample opportunity to put that knowledge into practice through hands-on learning experiences.

In Concordia’s own Exercise Physiology Laboratory, you’ll learn to assess cardiovascular, neuromuscular, and pulmonary responses. And you’ll spend quite a bit of time studying the sciences to develop a broad understanding of the mechanics within the human body. With all of this knowledge, you can graduate well-prepared to sit for the nationally recognized certification exams offered through the American College of Sports Medicine and the National Strength and Conditioning Association. Once you graduate, you can choose to either immediately enter the workforce or pursue professional/graduate studies.

48 month

Duration

$ 31660

Tuition

Natural Sciences & Mathematics

Bachelor of Science in Actuarial Science

This is an intense field, and it takes a lot of work and dedication to prepare you for your Society of Actuaries Exams. That’s why it’s an incredible benefit to you that our program consists of small class sizes to maximize the personal attention you get from your professors. It really makes all the difference, and will get you where you need to go quicker.

The program itself encompasses a three-part curriculum that includes a liberal arts core, a business common body of knowledge, and a specialization in actuarial science. So in addition to classes like Econometrics, International Business, and Linear Algebra and Differential Equations, you’ll round out your education with classes in literature, history, and theology.

Yes, it’s demanding. But it’s incredibly rewarding as well. High school students are encouraged to get as many AP credits as you can before you begin the actuarial science program. Once you’re in the program, we strongly encourage you to take (and pass, obviously) your SOA Exams P and FM while you’re still in college. It’s especially important for you to pass your Exam P before or during your junior year, because it’s the only way you’ll be able to secure an actuarial science internship.

48 month

Duration

$ 31660

Tuition

As part of the MBA in Finance program,  you’ll learn from current industry professionals – worldwide practitioner instructors – who are dedicated to leading others in their field of expertise. You’ll gain the tools necessary to make a powerful impact in a wide variety of positions within business. This program offers the benefit of flexible classes designed for working professionals and the unique perspectives that result from a diverse student body. By the time you earn your MBA, you’ll be equipped with the knowledge and experience today’s employers are looking for so you can stand out in the workforce as a highly competitive candidate.

With an MBA in Finance, you’ll develop the skillset to make important decisions based on financial analysis and strategic thinking. You’ll know how to handle fraud and legal issues, how to manage large financial institutions, and how to treat mergers and acquisitions. You’ll even graduate with a portfolio of your work that you can show future employers to stand out from other candidates. What’s more, you’ll leave this program with the ability to communicate more clearly, lead diverse groups of people, and have confidence in your work.

24 month

Duration

$ 14022

Tuition

Human Resource management is one of the most important roles within any organization. The backbone of a business is built on the way we relate to one another within an organizational structure and the culture it produces.  

This program will teach you about important federal and state legislation, case law decisions, and executive orders that affect employment relationships. You’ll learn to analyze a compensation plan that identifies and describes plan objectives, salary structure, and fringe benefits. You’ll recognize organizational performance models that create effective teams and organizations through employee motivation, engagement, culture, and change management. In addition, you’ll develop methods for attracting, retaining, developing, and engaging a diverse workforce.

You’ll gain an understanding of how strategic planning relates to the workforce and human resource development. And finally, it’s important for us to mold servant leaders at CUW. Through this program, you’ll identify and describe the elements of servant leadership that apply to the work of the human resource professional.

48 month

Duration

$ 31660

Tuition

View All Courses by Concordia University Wisconsin, USA

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