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US News World and Report - best bachelor's 2024

Actuarial Science, B.S.

Create impact in the world faster with a Bachelor of Science in Actuarial Science from IU Online. In this flexible degree program, you’ll learn how to use mathematics, statistics, and probability principles to anticipate future events and take preventive measures. 

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Course Delivery: 100% Online

Total Credits: 120

In-State Tuition Per Credit: $290

Out-of-State Tuition Per Credit: $390

Cost of attendance may vary by campus. View the total cost calculator

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Degree Overview

In this fast-paced program, you’ll learn actuarial mathematics, probability and statistics, finance, statistical modeling, data analysis, and software application. This program prepares you for success in the first two professional exams in actuarial science and provides the foundation for subsequent exams.

You’ll benefit from a career-focused program ranked among the best in the nation by U.S. News & World Report. You’ll graduate with an Indiana University degree respected by employers worldwide—and you can work on yours anytime and anywhere.

And the benefits start long before graduation. More than half of IU Online students advance in their careers before they complete their degree.

To apply to this program: 

  • Complete application for admissions
  • Submit official transcripts

Application Dates:
Rolling admissions. Application review will begin upon receipt of all required application materials. 

Your IU Online BS in Actuarial Sciences prepares you for careers such as: 

  • Auditor
  • Data analyst 
  • Financial planner
  • Investment analyst
  • Business analyst
  • Underwriter
  • Actuary


You can transfer up to 64 credit hours from a regionally accredited community college or 90 credit hours from an accredited four-year university or college.

To graduate with the B.S. in Actuarial Science, you must complete a minimum of 120 credit hours. Requirements are broken down as follows:

  • Core actuarial science courses (9 credit hours)
  • Core mathematics courses (31 credit hours)
  • Programming/computer science courses (6 credit hours)
  • Business and economics courses (15 credit hours)
  • Upper-level actuarial science electives (15 credit hours)
  • General education courses, as needed to fulfill the 120 credit hour requirement

Core Classes for the BS in Actuarial Science: IU East, IU Northwest, IU South Bend, IU Southeast
Course Number Course Name Credits
MATH-M 320 or MATH 37300 (IUPUI) Theory of Interest 3 Credits
MATH-M 445 or MATH 37100 (IUPUI) Probability Theory for Risk Management or Act Models I 3 Credits 
MATH-M 446 or MATH 47300 (IUPUI) Financial Mathematics or Act Models II 3 Credits

 Find course descriptions with our Search Schedule of Classes/Courses tool.

Core Classes for the BS in Actuarial Science, IUPUI
Course Number Course Name Credits
MATH 37300 Theory of Interest 3 Credits
MATH 37100 Act Models I 2 Credits
MATH 47300 Act Models II 3 Credits

Find course descriptions with our Search Schedule of Classes/Courses tool.

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