Program Details
Program Details
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Bachelor of Science
Roanoke College
Program Details
Bachelor of Science in Actuarial Science
Bachelor of ScienceBachelor of Science in Actuarial Science
Roanoke College
Actuarial Science involves the evaluation of risk and the calculation of the likelihood of future events. Roanoke College is the only institution in Virginia that offers a major in Actuarial Science. The program at Roanoke is associated with a board of practicing actuaries that advise both the students and faculty. Taught by faculty in Mathematics, Economics, and Business Administration, students learn how and why actuarial science works, and are assisted in obtaining internships which lead to satisfying and well-paying jobs.
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 | Do you like organizing and analyzing data to predict the future? Do you want to learn about statistics, economics, business, and math and how they interact? The actuarial science major is an interdisciplinary major that explores the science of risk. The skills learned here are useful in financial analysis as well as in the insurance and medical industries. Students need strong quantitive skills. |
| Considerations When Selecting Courses |
Useful choices for transfer credit: calculus, statistical methods, microeconomics. Transferring some foreign language courses will help students finish that college requirement faster.
|
| Program Requirements Beyond Specific Courses | |
| Doing More With Your Degree | ACSI majors can easily double major with Economics and complete concentrations in statistics, accounting, or sports analytics. The actuary job is consistently rated as one of the best jobs available to college graduates, as determined by high salaries, good working conditions, and job stability. |
| Program Successes & Highlights | Many graduates completed internships with local insurance companies. Several have completed research projects in economics and presented their work at professional meetings. |
Program Credit Requirements
Credit and Course Requirements for the Program are expected in a future release. Please look above to see if a Transfer Guide is available for this program. If you are a current Virginia Community College student or are planning to start at a Virginia Community College before transferring to this institution and program, please follow the Transfer Guide to plan your courses at the community college.
If you wish to see how your credits may apply, you can:
If you wish to see how your credits may apply, you can:
- Contact the institution where a staff member can help you map your credits to the requirements for this program.
- View the program requirements listed in the institution's catalog.
Applicable Admissions Agreements
The table below lists admissions agreements between Roanoke College 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 | Courses completed as part of an associate's degree or general education certificate will be evaluated by our Registrar at admission, and appropriate transfer credits will be awarded. Nearly all general education requirements can be completed with transfer credits. Transferrable courses from an accredited college or university will apply to general education, major, and graduation requirements. UCGS and Passport courses will all transfer. |
Completion of Associate Degree Concurrent with High School | Transferrable courses from an accredited college or university taken as dual enrollment while in high school will apply to general education, major, and graduation requirements. Up to three additional World Language courses can satisfy the language requirement. UCGS and Passport courses will all transfer. |
| Credit for Prior Learning | In general, Roanoke does not offer credit for prior learning outside of higher education coursework. Military training transcripted by an accredited institution of higher education is accepted. |
| Did You Know That... |
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College Level Information
Number of Transfer Students
90
Percent of Accepted Transfer Students
The average enrolled transfer student has a college transfer GPA of 3.12, and 58% of transfer applicants are admitted.
| College Fit Guidance | What You Need to Know |
|---|---|
| Is This College Right For Me? | Roanoke has about 2000 students, mostly undergraduates. Classes are small, averaging 17 students, with a real commitment to teaching and supporting students. Expect close personal interactions with faculty and staff members who get to know you. Active athletic and recreational opportunities are part of the college as are a wide range of student clubs and activities. |
| Transfer Student Catalog Year | Catalog year is determined by first semester of attendance. VCCS transfer students may choose a catalog from the two years prior to their first term of attendance if desired. |
| First Year Student Catalog Year | Catalog year for freshmen is determined by first semester of attendance. |
| Applying for Guaranteed Admissions | Expected transfer students should notify the admissions office as soon as possible, so we can provide advice on courses which will transfer. |
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 |
|---|---|---|---|---|---|
| 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 |
| University of Lynchburg | BS in Actuarial Science | Bachelor | Bachelor of Science | 4-Year | In-Person |
Careers Where This Degree Applies
| O*Net Code | Name | Description | Parent |
|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 15-2041.01 | Biostatisticians | Develop and apply biostatistical theory and methods to the study of life sciences. | Computer and Mathematical Occupations |
| 15-2051.01 | Business Intelligence Analysts | Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources. | Computer and Mathematical Occupations |
| 15-2051.02 | Clinical Data Managers | Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends. | Computer and Mathematical Occupations |
| 15-2051.00 | Data Scientists | Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports. | Computer and Mathematical Occupations |
| 25-1022.00 | Mathematical Science Teachers, Postsecondary | Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research. | Educational Instruction and Library Occupations |
| 15-2041.00 | Statisticians | Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians. | Computer and Mathematical Occupations |
| 19-3022.00 | Survey Researchers | Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams. | Life, Physical, and Social Science Occupations |
Cost To Complete