Program Details
Program Details
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Bachelor of Science
University of Lynchburg
Program Details
BS in Actuarial Science
Bachelor of ScienceBS in Actuarial Science
University of Lynchburg
Actuarial science is the profession of analyzing and managing risk. It’s the perfect field for someone who loves math, statistics, finance, and wants to help people and organizations make better decisions about their future.
Program Overview & Guidance
Delivery Mode
In-Person
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Delivery Mode
Online
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Delivery Mode
Hybrid
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| Program Guidance Element | What You Need to Know |
|---|---|
| Considerations for Selecting Degree | Actuarial science is the profession of analyzing and managing risk. It’s the perfect field for someone who loves math, statistics, finance, and wants to help people and organizations make better decisions about their future. If you’re looking for a challenging major that offers great opportunities after graduation, this is it! Actuarial science graduates are some of the most sought-after professionals around because they know how to use mathematics and statistics to solve real-world problems — and get results! And we’re not just talking about big companies, either. Many students go on to work at small businesses, too, where they can make an impact on their company’s bottom line. |
| Considerations When Selecting Courses |
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| Program Requirements Beyond Specific Courses | |
| Doing More With Your Degree | Actuaries work to predict future events by analyzing data. They’re responsible for assessing risk and uncertainty using mathematical models that quantify potential outcomes. They might predict things like how many people will die from a certain disease next year, or estimate the cost of natural disasters. In other words, there’s a lot more to actuarial science than you might think! Actuarial science is a career that is ever-growing and with potential for high salaries. Actuarial science has been described as “the art of predicting the future.†|
| Program Successes & Highlights |
Program Credit Requirements
Applicable Admissions Agreements
The table below lists admissions agreements between University of Lynchburg and partner institutions that may guarantee admission to this program if you meet the required criteria. Click on the title name of the agreement to view a summary of those criteria.
You can view the full text of these Agreements in the Resource Center
What If I Have An Associate Degree Or Credit For Prior Learning?
| Transfer Guidance Element | What You Need to Know |
|---|---|
| Associate Transfer Degree Completion | Completion of a transferrable Associate's degree will award students credit for general education requirements. No distinction will be made by the University of Lynchburg regarding college courses applicable to the transfer-oriented associate degree that are taken through dual enrollment arrangements with high schools. |
Completion of Associate Degree Concurrent with High School | No distinction will be made by the University of Lynchburg regarding college courses applicable to the transfer-oriented associate degree that are taken through dual enrollment arrangements with high schools. |
| Credit for Prior Learning | Credits awarded for transferrable courses with a grade of "C" or higher. |
| Did You Know That... |
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College Level Information
Number of Transfer Students
90
Percent of Accepted Transfer Students
93%
| College Fit Guidance | What You Need to Know |
|---|---|
| Is This College Right For Me? | Lynchburg is a nationally recognized private university where students gain a greater heart for humanity and a mindset of individual growth. Here, thought-provoking learning ignites change in each individual, and the world. We combine traditional classroom instruction with experiential learning and real-world applications bringing a hands-on, multi-faceted approach that serves our students best today and for the rest of their lives. We’re a tight-knit community that’s accepting and inviting. We’re socially responsible and active, and don’t hesitate to stand up and speak out for what’s just and right. Pride and belonging are important at Lynchburg. |
| Transfer Student Catalog Year | Catalog year determind by first semester of enrollment |
| First Year Student Catalog Year | Catalogue determined by first semester of enrollment |
| Applying for Guaranteed Admissions | https://www.lynchburg.edu/undergraduate-admission/for-applicants/transfer-and-access-adult-student-guide/guaranteed-admission-for-vccs-associate-degrees/ |
Where Can This Degree Transfer
This section displays degrees most closely related to this program
and to which you may be able to transfer. So, you can use this list to find the
next degree you can complete in your major. Please click the degree name to
visit that program page.
| Institution | Title | Degree | Award Name | Award Level | Delivery Mode |
|---|---|---|---|---|---|
| Roanoke College | Bachelor of Science in Actuarial Science | Bachelor | Bachelor of Science | 4-Year | In-Person |
| Bridgewater College | Business Administration Major - BA | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Finance (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Management (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
| Randolph-Macon College | Business - Marketing (BA) | Bachelor | Bachelor of Arts | 4-Year | In-Person |
Careers Where This Degree Applies
| O*Net Code | Name | Description | Parent |
|---|---|---|---|
| 15-2011.00 | Actuaries | Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits. | Computer and Mathematical Occupations |
| 25-1011.00 | Business Teachers, Postsecondary | Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research. | Educational Instruction and Library Occupations |
| 13-2054.00 | Financial Risk Specialists | Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk. | Business and Financial Operations Occupations |
| 13-2053.00 | Insurance Underwriters | Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications. | Business and Financial Operations Occupations |
Cost To Complete