Program Details
Program Details
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Program Details

Bachelor of Science in Actuarial Science

Bachelor of 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 Credit Requirements
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Program Requirements, Course Recommendations, and Cost to Complete features are coming Summer 2022

If you wish to see how your credits may apply, you can: If you are interested in the cost of attending this institution, please visit the institution's cost page to review costs
Applicable Admissions Agreements
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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.

Institution Name Type Title
Richard Bland College GAA GAA-Council of Independent Colleges in Virginia Member Institutions and Richard Bland College.2019

You can view the full text of these Agreements in the Resource Center

Program Overview & Guidance
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Program Web Page
External Link
Delivery Mode
In-Person
Delivery Mode
Online
Delivery Mode
Hybrid
Transfer Guidance Element What You Need to Know
Is This Degree Right For Me? 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.
Program Requirement Notes
Program Requirement Notes

Students should be prepared to take calculus when entering the program.

What Should I Consider 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.

  • Create a schedule for all required courses, pay attention to prerequisites and when courses are offered, complete your first math and English courses in your first year
  • Connect with an advisor at your community college and Roanoke College within your first year via College Connect
Are there other program requirements beyond specific courses?
Do 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.
What If I Have An Associate Degree Or Credit For Prior Learning?
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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 major and graduation requirements. Up to three such courses can be applied to general education requirements, and 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...
  • Completing your Associate transfer degree post-high school satisfies all lower division general education requirements and increases the chance of completing your bachelor's degree?
  • Exceeding 3 years or 90 credits at your community college means you may have exhausted your financial aid at that college and have limited your future financial aid at: Roanoke College
College Level Information
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Transfer Center
External Link
Transfer Admission Application
External Link
Transfer Student Aid
External Link
Number of Transfer Students
88
Percent of Transfer Students
The average enrolled transfer student has a college transfer GPA of 3.16, and 59% of transfer applicants are admitted.
Transfer Guidance Element What You Need to Know
Is This College Right For Me? Roanoke has about 2000 students, all undergraduates. Classes are small, averaging 18 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.
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
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This section displays degrees most closely related to this program and to which you may be able to transfer. Please click the degree name to visit that program page.
Institution Title Degree Award Name Award Level
Careers Where This Degree Applies
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O*Net Code Name Description Parent
25-1011.00Business Teachers, PostsecondaryTeach 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
15-2011.00ActuariesAnalyze 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
13-2054.00Financial Risk SpecialistsAnalyze 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
13-2053.00Insurance UnderwritersReview individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.Business and Financial Operations Occupations
15-2041.01BiostatisticiansDevelop and apply biostatistical theory and methods to the study of life sciences.Computer and Mathematical Occupations
15-2051.01Business Intelligence AnalystsProduce 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
15-2051.02Clinical Data ManagersApply knowledge of health care and database management to analyze clinical data, and to identify and report trends.Computer and Mathematical Occupations
15-2051.00Data ScientistsDevelop 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
25-1022.00Mathematical Science Teachers, PostsecondaryTeach 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
15-2041.00StatisticiansDevelop 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
19-3022.00Survey ResearchersPlan, 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