About this Program

The actuarial mathematics major is specifically designed for students who wish to pursue an actuarial field, pursue graduate work in financial mathematics, or employment in a mathematics or statistics-related field.  

Program Highlights

  • The inclusion of a minor in Risk Management and Insurance introduces the student to specific uses of Actuarial Mathematics.

  • The combination of Applied Mathematics and Statistics expands the student’s knowledge of solution methods for Risk Analysis.

  • The inclusion of computational analytical methods introduces the student to computer modeling.

AT A GLANCE
Degree Level
Undergraduate
Degree Earned
Bachelor of Science
Concentration
Actuarial Mathematics
Delivery Modes
On-Campus

Careers

Check out these ideas from ODU Career Development Services and the Occupational Information Network (O*NET). A median salary is a midpoint of what people typically earn—half of those surveyed earned above the median salary, and half earned below.

Risk Management Specialists

$76,630 Median Salary

Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.

Actuaries

$114,850 Median Salary

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.

Financial Analysts

$99,430 Median Salary

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Requirements

What are the requirements to apply for Actuarial Mathematics at ODU?
Students entering the Bachelor of Science program in Actuarial Mathematics should meet the minimum university admission requirements Undergraduate Admission.
  • Math Core courses: 34 credits (GPA of 2.3)

  • Actuarial Math specific courses: 18 credits

  • Minor in Risk Management and Insurance

Transfer

At ODU, we understand that as a transfer student you have unique needs that require a wide array of campus resources. The Center for Advising Administration and Academic Partnerships aims to create a transfer inclusive culture that supports the successful...

Cost

Estimated rates for the 2023-24 academic year. Rates are subject to change. Anyone that is not a current Virginia resident will be charged non-resident rates. That includes international students.

Active Duty Military Rate
Cost Per-Credit $250
Virginia Resident
Cost Per-Credit $393
Technology Delivered Courses Outside Virginia and/or the United States
Cost Per-Credit $407
Non-Resident
Cost Per-Credit $1,073

Ways to Save

Here are a few ways for you to save on the cost of attending ODU. For more information visit University Student Financial aid

Contact

Master Lecturer

2003H STROME ENTREPRENEURIAL CTR
NORFOLK, 23529