Bachelor degree
48 months
Application deadlines: February 1
Processing time: 27 days
Application fee: $50
Full-time
Intakes: August 26
International tuition: $30,621
Domestic tuition: $11,900
Program overview
Actuaries are the risk managers of the business world. They combine financial data with mathematical and statistical models and interpret the results. Typically employers are large businesses (often in the insurance industry) and consulting firms. The career requires passing several exams over several years but boasts very manageable working hours and high salaries. This concentration requires various courses from Math, Statistics, Finance, and Statistics, among others. Requirements for this concentration are listed on the Actuarial Science Checksheet. The major completion map provides a sample 4-year plan for graduation.
Study options
This program can be done
On campus
Requirements
Exams:
Application:
• Freshman/first year students can apply using the Common App OR the CSU Application.
• Official High School transcripts:
Unofficial transcripts can be sent while high school or secondary school work is in progress. Faxed transcripts are not accepted.
All decisions are provisional until a final, official transcript verifying graduation is received. Only transcripts sent directly from the school or stamped and sealed are considered official.
If a record is not in English, a certified literal English translation must accompany the transcript.
• Personal Statement:
A personal statement is required from all freshman/first year applicants. It’s your opportunity to help us understand what makes you unique. Refer to these writing prompts and instructions whether you’re applying through the Common App or the CSU Application.
Short written responses to the Academic Explanation and Academic Gap prompts are optional and allow you to provide more context for us to understand your academic background.
• Recommendation:
We require one counselor OR teacher recommendation. Additional recommendations are optional.
If you’re not currently in school, we’ll accept recommendations from others outside of your family (e.g., supervisor, commanding officer) who can speak to your strengths.
Using the CSU application? You’ll be prompted to list the name and email address of your recommender(s). We’ll email them an invitation and link to a secure site to submit your recommendation(s).
Using the Common App? To maximize your flexibility, the counselor/teacher prompts are not flagged as required, and you can choose to list the counselor and/or teacher(s) who will recommend you. Common App will email them an invitation and instructions to submit either the Counselor Recommendation or the Teacher Evaluation through Common App.
• English Proficiency:
Within your application, you’ll be prompted to indicate whether you are seeking direct or “clear” admission (English proficiency required) or conditional admission (no English proficiency required).
If you wish to be considered for direct or clear admission, we’ll ask how you intend to demonstrate English proficiency.
If you plan to submit TOEFL, IELTS or PTE scores, we prefer results sent directly from the testing service.
Alternatives to these tests are considered on a case-by-case basis.
Applicants who do not present (sufficient) evidence of English proficiency can be considered for conditional admission and, if admitted, will be referred to our INTO CSU Academic English program.
Freshman applicants to Business, Engineering, Computer Science and Biomedical Sciences must submit official SAT or ACT scores to be considered for direct admission to one of these more competitive majors. Without ACT or SAT, admissible applicants will be considered for an alternative major or an undeclared advising track.
Career opportunities
The Mathematics major prepares students for a wide variety of occupations in business, industry, government, and education. Actuarial science graduates who have passed the first two professional actuary exams can expect to find positions with excellent entry-level salaries. Applied mathematics graduates continue to find employment opportunities in government and private industry. Many pursue advanced degrees in mathematics, computational science, or engineering. About one-third of general mathematics graduates continue on to graduate school in mathematics or other disciplines, with the rest finding employment in a large variety of capacities. Education students spend a semester teaching a classroom and have excellent job placement. Participation in internships, volunteer activities, or cooperative education opportunities is highly recommended to enhance practical training and development. Graduates who continue to pursue advanced degrees can attain more responsible positions with the possibility of rising to top professional levels.

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