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Applied Mathematics - Actuarial Science Option Auburn University

at United States (USA)

Auburn University

Highlights about course

Course overview

The Bachelor of Science in Actuarial Mathematics program has become an attractive option for students interested in pursuing advanced degrees in mathematical or quantitative finance and master's degrees in business administration, as well as in securing employment in the banking and insurance industries. This multidisciplinary course of study concentrates on applied mathematics with a focus on financial models. In addition to a core curriculum of mathematics courses, students are required to complete specific courses in statistics, economics, and computer science. The department organizes seminars to prepare students for taking these professional society examinations. This type of degree program equips students with the tools to help them excel in various actuary fields, such as insurance, finance, investment, and risk management. Generally, courses delve into financial theory, statistics, and applied mathematics. There may be an emphasis placed on insurance programs. Many program curriculums help participants prepare for actuarial exams. These are prerequisites for individuals who want to obtain certification credentials. There is a healthy demand for graduates with a Bachelor in Actuarial Sciences. There are generally plenty of opportunities for career advancement and higher salaries. The largest employer is the insurance industry. However, there is additional employment available in sectors such as healthcare, manufacturing, and transportation. Actuary professionals work for private companies, universities, and the government. A few common job titles are analyst, senior actuarial analyst, consultant, manager, vice-president, director, risk officer, and chief actuary. The competition for these positions is growing. Individuals who acquire additional actuary credentials often have an advantage in the job market.

Auburn University

Auburn University has developed into one of the largest universities in the South, remaining in the educational forefront with its traditional blend of arts and applied science and changing with today’s needs while living with a respect for Auburn's traditions and spirit.

Intakes

Starting Date Open 01 May 2025
Submission Deadlines (Onshore/Offshore) 12 Apr 2025 / 12 Apr 2025

Expenses

SEVIS Fees (one-time)
INR 30,371
Tuition Fee (per year)
INR 2,798,085
VISA Fees (one-time)
INR 13,884
Cost of Living (per year)
INR 946,868

Comprehensive Support for Your Study Abroad Journey

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Tailored Application & Admission Assistance

Comprehensive support is provided throughout the application process, ensuring all admission requirements are met.

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Expert Visa Consultation

Guidance is offered on every aspect of the visa process to ensure a seamless experience.

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Pre-departure Preparation Essentials

Resources and information are provided to facilitate a smooth transition to your study destination.

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Scholarship & Financial Aid Advisory

Assistance is available in identifying and applying for suitable scholarships and financial aid.

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Test Prep for TOEFL/IELTS Success

Access to essential test preparation materials and resources for TOEFL and IELTS.

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Post-arrival Transition Support

Support services are in place to assist with accommodation and settling into the new environment.

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Career Development & Placement Services

Guidance is offered on internships, placements, and career opportunities post-graduation.

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