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Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

at Southern Illinois University Edwardsville USA

Overview

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Actuarial Science
What are the odds that an earthquake will cause catastrophic damage in a particular area? How should an insurance company determine how much to charge for life insurance? Actuarial science is a focused discipline that uses mathematical and statistical models to assess the financial, economic and business implications of future events.

According to the Society of Actuaries, an actuary combines the skills of a business executive, mathematician, and financial and investment manager. Actuarial science is an ideal concentration for students interested in careers that deal with studying risks related to economics, finance and social issues.

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

48

Duration

Southern Illinois University Edwardsville

Location

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM) Assistant Fee

$18246

Tuition Fee

$0

Average Cost of Living

$40

Application Fee

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM) Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.
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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

72.0

Minimum Overall Score

50.0

Minimum Overall Score

Other Courses by Southern Illinois University Edwardsville,USA

The Master of Business Administration (MBA), accredited by the Association to Advance Collegiate Schools of Business (AACSB) International, is designed to develop the professional capabilities of managers working in business. The central objective of the curriculum in the School of Business is to enhance quality and innovation in the analysis, interpretation, and use of information for formulating, communicating and implementing managerial decisions in business organizations. The ethical management of resources in a global environment is emphasized through the curriculum. Required courses in quantitative analysis, and decision making will sharpen the ability of students to apply models and skills, and integrate knowledge across disciplinary areas. Students can select a specialization in business analytics, healthcare administration, management information systems, project management, or a general specialization comprised of four elective courses that will fit their specific career objectives.

What can I do with an MBA?
Students completing the program should be prepared to engage in managerial careers leading to advancement through middle-and upper-level positions in business and nonprofit organizations. Additionally, graduates of the program are qualified for careers in administration or management of business firms; in banking and insurance; and in federal, state and local government agencies, as well as a variety of other settings where knowledge of business functions is required.

24 month

Duration

$ 15291

Tuition

The fast change of pace in our society is creating new career opportunities for individuals trained in multiple disciplines. The Master of Science in integrative studies allows students to access expertise from two or three areas and integrate courses into a degree that meets the needs of an emerging career field.

Consider integrative studies if:

  • You have diverse interests that span two or three academic disciplines and you want to blend these interests into one cohesive program
  • You have a career interest in an emerging field that crosses academic disciplines, such as cultural heritage and resources management or marketing communications
  • You want to advance in a non-traditional sector or start your own business

What can I do with a degree in Integrative Studies?
A Master of Science in integrative studies can lead to a multitude of career paths as well as entry into doctoral programs. The degree will meet the needs of students seeking knowledge for advancement in a specific industry, looking to move to an emerging field that is multidisciplinary or starting their own business. Employment outlook and salary information for these careers vary widely. A carefully designed plan of study will provide students with a unique combination of skills and knowledge that will be advantageous in the job market.

Diplomacy and Communication
In politics, communication affects political attitudes and behavior and reveals the nature of political systems and institutions. Communication is at the heart of the structures, institutions and personalities involved in diplomatic relations.

24 month

Duration

$ 15291

Tuition

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Statistics
Election polls, economic trends, product design, market research and social behaviors. Statistics is an ideal concentration for those interested in analysis and interpretation of data as a fundamental process in decision-making. Statistics uses the scientific application of mathematics to collect and analyze information in such a way that a conclusion can be developed.

The relevance of statistics cannot be understated, as it touches virtually every career field. Statisticians develop consumer surveys, study purchasing behaviors, measure the cost of living, and analyze market trends for potential business growth.

48 month

Duration

$ 18246

Tuition

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Applied Mathematics
A concentration in applied mathematics focuses on using mathematical theories to solve real-world problems, such as those related to structural stability, chemical interactions or wave propagation. Applied mathematics encompasses the use of probability theory, numerical and data analysis, modeling, algorithm development, and simulations to explore the connections between mathematics, science, and our environment.

Applied mathematics is used extensively in the fields of physics, geology, engineering and technology. Several emerging career paths have been identified by the Society for Industrial and Applied Mathematics, including bioinformatics, materials science, computer animation and digital imaging, finance, climatology, and ecology/environmental organizations.

48 month

Duration

$ 18246

Tuition

Health Sciences, Nursing and Emergency Services

Master of Science in Kinesiology

The Department of Applied Health prepares students for the next step in their career with three specialization options within the kinesiology program.

24 month

Duration

$ 15291

Tuition

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Applied Mathematics
A concentration in applied mathematics focuses on using mathematical theories to solve real-world problems, such as those related to structural stability, chemical interactions or wave propagation. Applied mathematics encompasses the use of probability theory, numerical and data analysis, modeling, algorithm development, and simulations to explore the connections between mathematics, science, and our environment.

Applied mathematics is used extensively in the fields of physics, geology, engineering and technology. Several emerging career paths have been identified by the Society for Industrial and Applied Mathematics, including bioinformatics, materials science, computer animation and digital imaging, finance, climatology, and ecology/environmental organizations.

48 month

Duration

$ 18246

Tuition

The mission of the environmental sciences graduate program is to cultivate students’ perspectives of environmental issues and provide students with refined knowledge of environmental issues at the local, regional and global scale. The program will increase the student’s technical competence in addressing and analyzing these issues, their origins, ramifications and resolutions. The environmental sciences graduate program at SIUE is designed to enhance and promote professional education and career opportunities in a wide area of interests.

What can I do with a degree in Environmental Sciences?
Students completing the graduate program in environmental sciences have career opportunities with governmental agencies, private industries, consulting firms and educational institutions. Areas of responsibility may include environmental field or laboratory research and analysis, environmental policy and law, environmental remediation, solid and hazardous waste management, groundwater pollution control, water management, air quality management, environmental and ecological risk assessments, and restoration environmental engineering.

24 month

Duration

$ 15291

Tuition

If you have diverse academic interests that span the disciplines and would like to turn these interests into a cohesive program, then the integrative studies program could be for you! Working professionals can also earn a baccalaureate degree to better position them for opportunities for advancement where a baccalaureate degree is required.

Integrative studies is an interdisciplinary program geared toward meeting each student’s personal, academic and career goals, as well as providing knowledge and skills to meet the needs of emerging professions. This program provides students the opportunity to embrace their individuality and widen their perspectives by exploring and making connections between different fields of study. Students design their own program of study, in consultation with a professional advisor and a faculty mentor, and in doing so take responsibility for their education and career planning.

What can I do with a degree in Integrative Studies?
Students graduating with an undergraduate degree in integrative studies will be well prepared to pursue career opportunities in a variety of professional settings, such as advertising, public service, military, sales, human services, ministry, sports promotion, higher education, public relations, and youth development, among others. Graduates will also be prepared to pursue a master’s or professional degree in various fields.

48 month

Duration

$ 18246

Tuition

The Department of Chemistry, in the College of Arts and Sciences, offers several degree programs and active research opportunities in order to satisfy the diverse career goals of our students. At SIUE, students will learn from faculty members who have earned national and international reputations in their respective areas of expertise. The department also has well-equipped laboratories where students can expect to gain experience in the many different disciplines in chemistry and biochemistry. Through the department’s research programs, students may also gain experience in the most current techniques.

What can I do with a degree in Chemistry?
Students earning a degree in chemistry will be well prepared to pursue a variety of careers. According to the Bureau of Labor Statistics, the median annual salary for a chemist with a bachelor's degree was $79,300 as of May, 2020. Chemistry majors work as analysts, environmentalists, criminologists, librarians, patent examiners, production foremen, researchers, writers and teachers. Chemists also find work in sales, and for private companies that produce items such as fertilizers, pharmaceuticals, plastics and semi-conductors. Careers in the public sector can be found in local, state and federal governments, as well as hospitals, high schools, colleges and universities.

48 month

Duration

$ 18246

Tuition

The environmental sciences undergraduate program, in the College of Arts and Sciences at SIUE, is interdisciplinary, and is designed to cultivate students' perspectives of environmental issues, and to provide them with refined knowledge of environmental issues on a local, regional and global scale. The curriculum within the Department of Environmental Sciences will increase students’ technical competence in addressing these environmental issues, their origins, ramifications and resolutions. The program will promote experiential learning and professional education to prepare students for career opportunities in a wide variety of workplaces.

What can I do with a degree in Environmental Sciences?
According to the U.S. Department of Labor, employment of environmental scientists and specialists is projected to grow 8% through 2028, which is faster than the average for all occupations in the U.S. Graduates with a Bachelor of Science or Bachelor of Arts with specializations in environmental health, environmental toxicology and environmental management will have career opportunities in their areas of interest. For example, a licensed environmental health practitioner can be employed for inspection, sampling and reporting for sanitary, food safety, sewage and waste disposal, drinking water, pest control, or industrial hygiene.

Environmental Health
The environmental health specialization provides students with the education necessary to identify, evaluate and control (prevent or mitigate) environmental conditions which may have significant impacts on human health. Examples of the problem areas requiring environmental health expertise are:

  • Maintaining adequate quality and quantities of food and drinking water.
  • Safe treatment and disposal of domestic and industrial waste materials.
  • Limiting or reducing air and noise pollution.
  • Reducing occupational exposure to hazardous substances and unsafe conditions.
  • Assuring safe and healthful housing.
  • Controlling the spread of insect and rodent-borne illnesses.
  • Proper selection and use of pesticides.
  • Understanding the effects of global climate changes on human health.

48 month

Duration

$ 18246

Tuition

View All Courses by Southern Illinois University Edwardsville, USA

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