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Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM)

at Southern Illinois University Edwardsville USA

Overview

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Actuarial Science
What are the odds that an earthquake will cause catastrophic damage in a particular area? How should an insurance company determine how much to charge for life insurance? Actuarial science is a focused discipline that uses mathematical and statistical models to assess the financial, economic and business implications of future events.

According to the Society of Actuaries, an actuary combines the skills of a business executive, mathematician, and financial and investment manager. Actuarial science is an ideal concentration for students interested in careers that deal with studying risks related to economics, finance and social issues.

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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

48

Duration

Southern Illinois University Edwardsville

Location

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM) Assistant Fee

$18246

Tuition Fee

$0

Average Cost of Living

$40

Application Fee

Bachelor of Science in Mathematical Studies, Specializations in Actuarial Science (STEM) Admissions Requirements

  • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.
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Where would you like to study*

Work Permit USA

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

  1. Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
  2. Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
  3. 24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization. 

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

48

Duration

Study Visa

English Test Requirement

6.0

Minimum Overall Score

72.0

Minimum Overall Score

50.0

Minimum Overall Score

Other Courses by Southern Illinois University Edwardsville,USA

Natural Sciences & Mathematics

Bachelor of Science in Chemistry (STEM)

The Department of Chemistry, in the College of Arts and Sciences, offers several degree programs and active research opportunities in order to satisfy the diverse career goals of our students. At SIUE, students will learn from faculty members who have earned national and international reputations in their respective areas of expertise. The department also has well-equipped laboratories where students can expect to gain experience in the many different disciplines in chemistry and biochemistry. Through the department’s research programs, students may also gain experience in the most current techniques.

What can I do with a degree in Chemistry?
Students earning a degree in chemistry will be well prepared to pursue a variety of careers. According to the Bureau of Labor Statistics, the median annual salary for a chemist with a bachelor's degree was $79,300 as of May, 2020. Chemistry majors work as analysts, environmentalists, criminologists, librarians, patent examiners, production foremen, researchers, writers and teachers. Chemists also find work in sales, and for private companies that produce items such as fertilizers, pharmaceuticals, plastics and semi-conductors. Careers in the public sector can be found in local, state and federal governments, as well as hospitals, high schools, colleges and universities.

48 month

Duration

$ 18246

Tuition

The Master of Arts in Teaching (MAT) allows students who have an undergraduate degree in areas other than education the opportunity to earn a master's degree, as well as gain certification to teach special education to students in kindergarten through age 21. Students can earn state licensure and a master's degree in just two years. The MAT program provides integrated coursework focused on diverse learners, as well as field experiences that require theoretical and practical knowledge application.

Offered through the Department of Teaching and Learning, the MAT prepares candidates for Learning Behavior Specialist I licensure, which requires teachers to build a knowledge base to identify and intervene with students who exhibit a wide range of disabilities, including learning disabilities, cognitive impairments, autism, social/emotional disabilities and physical disabilities or other health impairments. Students with undergraduate degrees in teacher education are not eligible for this program.

24 month

Duration

$ 15291

Tuition

Industrial engineers design, produce and deliver quality products (parts or services) to customers at affordable prices in a timely manner. This process involves not only designing and producing value-added products, but also planning and managing people, processes, systems, equipment and other resources efficiently and cost-effectively. In the Department of Industrial Engineering within SIUE's School of Engineering, students learn the knowledge and skills necessary in engineering and management and are uniquely positioned to work in a variety of industries, such as automobile and aircraft manufacturing industries, healthcare organizations, shipping and logistics, and business.

What can I do with a degree in Industrial Engineering?
SIUE graduates of the industrial engineering program are employed as industrial engineers, manufacturing/production engineers, quality engineers/managers, operations/system engineers/managers, and process design engineers at various major corporations. These corporations include Boeing, Caterpillar, Inc., Pepsi, Pinnacle Foods, Schnucks, Kraft Foods, Eaton Corporations, Nestle Purina, Lockheed Martin, Lowe's, GM, Mallinckrodt, Bayer, Chrysler, Emerson Electric, Motorola, American Airlines, USPS, Intelligrated Systems, Anheuser-Busch InBev, BJC Health Care, AT&T and MasterCard, among other reputable companies.

48 month

Duration

$ 18246

Tuition

The Master of Business Administration (MBA), accredited by the Association to Advance Collegiate Schools of Business (AACSB) International, is designed to develop the professional capabilities of managers working in business. The central objective of the curriculum in the School of Business is to enhance quality and innovation in the analysis, interpretation, and use of information for formulating, communicating and implementing managerial decisions in business organizations. The ethical management of resources in a global environment is emphasized through the curriculum. Required courses in quantitative analysis, and decision making will sharpen the ability of students to apply models and skills, and integrate knowledge across disciplinary areas. Students can select a specialization in business analytics, healthcare administration, management information systems, project management, or a general specialization comprised of four elective courses that will fit their specific career objectives.

What can I do with an MBA?
Students completing the program should be prepared to engage in managerial careers leading to advancement through middle-and upper-level positions in business and nonprofit organizations. Additionally, graduates of the program are qualified for careers in administration or management of business firms; in banking and insurance; and in federal, state and local government agencies, as well as a variety of other settings where knowledge of business functions is required.

Healthcare Administration
The healthcare administration specialization prepares students for effective management in healthcare settings. As healthcare delivery systems undergo rapid change, managerial responsibilities increase in scope and magnitude. The healthcare administration specialization includes focused healthcare courses in finance, policy and economics courses that help managers be effective in organizational innovation and change. In addition, customer relationship management is a growing area for healthcare delivery systems to improve provider-patient connections.

24 month

Duration

$ 15291

Tuition

The Department of Applied Communication Studies, housed in the College of Arts and Sciences, offers a program leading to the master of arts in applied communication studies, with specializations available in corporate and organizational communication, health communication, interpersonal communication, or public relations.

The graduate program in applied communication studies provides students with a broad curriculum, designed to deepen their understanding of communication theory and their ability to analyze, generate and apply communication research, as well as to enhance their knowledge and skills necessary for their development as leaders across an array of communication professions.

What can I do with a degree in Applied Communication Studies?
Graduates with a master's degree in applied communication studies are qualified for careers in business, industry, nonprofit and governmental settings, as well as in higher education (at the community college level). Mastery of communication theory, research methods and application strategies is particularly relevant for students seeking careers in fields such as management, training and development, sales, advertising, public relations, community relations, intra- and inter-organizational communication, consulting, fundraising, event organizing, community health relations, communication training in health organizations, and human resources.

24 month

Duration

$ 15291

Tuition

Our comprehensive program, offered through the School of Engineering, allows students to pursue a graduate degree in civil engineering while gaining expertise in the field. Students may choose a concentration in environmental/water resources, geotechnical, structural or transportation engineering. Whether students are working professionals or full-time students, the graduate program introduces them to the skills and knowledge they need for professional advancement. Students will have opportunities to conduct field and lab-based research, and learn from highly qualified faculty who are experts in their respective fields.

Why earn a master's in Civil Engineering?
Future professional engineering (PE) licenses might require a Master of Science. Our program prepares students to meet engineering education requirements established by the American Society of Civil Engineers (ASCE).

Improve your ability to take and pass the Practices and Principles of Engineering exam.

  • Our graduate program allows you to complete one year of experience toward your PE license, a benefit that does not apply to an MBA. (Learn more.)
  • Learn materials relevant to the PE exam.
  • Take advantage of courses to refine your study skills for preparing to take the PE exam.
  • Textbooks from your master’s courses are useful references for the PE exam and to build your personal library.

What can I do with a degree in Civil Engineering?
A graduate degree in civil engineering from SIUE opens doors for students in a variety of areas. Potential employers consist of consulting engineering companies, government agencies, industries, or academia. With the right experience and advanced education, students can become self-employed consultants. An education from SIUE prepares students for advancement opportunities and places them in a better position to get the job they want in a competitive employment market.

Environmental/Water Resources Engineering
Environmental engineering includes the design and operation of water distribution and wastewater collection systems, water and wastewater treatment facilities, managing biosolids and solid waste, as well as preventing pollution. Water resources engineering includes designing and maintaining stormwater facilities to manage both the quantity and quality of runoff. Facilities could include green roofs, permeable pavements, retention basins, infiltration basins and many more.

24 month

Duration

$ 15291

Tuition

The graduate program in speech-language pathology from SIUE's School of Education, Health and Human Behavior combines classroom instruction, research and practical experiences. A full range of courses and practicum opportunities prepares students to work with a variety of individuals with communication needs in various work settings. The program is typically completed in five to six full-time semesters. For the past several years, 100% of our students have achieved a passing score on the PRAXIS examination. Courses and clinical experiences are provided during the day with some evening offerings. This program is completed entirely on the Edwardsville campus.

The speech-language pathology program within the Department of Applied Health offers unique opportunities for practicum experiences on-and off-campus. The program has agreements with nationally and internationally known hospitals, agencies, rehabilitation centers, nursing homes and educational facilities. The program can provide students with exceptional experiences with children and adults with neurological disorders, hearing impairments, autism, speech and language impairments, aphasia, stuttering and voice disorders.

Why Speech-Language Pathology?
A career as a speech-language pathologist is extremely rewarding, and the need for professionals in these fields is expected to increase over the next decade. Opportunities in various work settings are numerous and include educational facilities, hospitals, rehabilitation centers, nursing homes, home health, colleges and universities.

What can I do with a degree in Speech-Language Pathology?
The career outlook for speech-language pathologists continues to be very positive. One hundred percent of students graduating with a master’s degree in speech-language pathology from SIUE are employed within the first year of graduation and many students are employed before they graduate. In addition to a positive career outlook, most of our students complete the program within the expected time frame and pass the national PRAXIS examination.

24 month

Duration

$ 15291

Tuition

Graduates of the Department of Sociology master’s program are equipped with the skills and understanding necessary to address today’s social problems and policies. Through the program’s advanced study, students examine theory, conduct research and analyze data on issues such as:

  • Deviance and crime
  • Gender/sexualities
  • Race and ethnic relations
  • Medicine
  • Leadership and organizations
  • Sustainability
  • Social inequality
  • Research methods and statistics

What can I do with a degree in Sociology?
Many graduates of the master’s program are regionally recognized leaders in their fields who command titles such as director, executive director, manager or owner quickly upon graduating. Others have used their degrees as stepping stones to a PhD or law degree, a credential for a teaching position at a community college, or preparation for doing research for private business or public service agencies.

24 month

Duration

$ 15291

Tuition

How does a statistician design an experiment to test a new drug? What is an efficient algorithm to solve a differential equation, and when does it work? How do you determine a fair price for an annuity? Given a complex network of nodes and edges, what is the shortest path from one vertex to another? How can you teach problem solving in a diverse high school classroom?

These are only some of the questions to be explored in our five undergraduate study options in the Department of Mathematics and Statistics. In the College of Arts and Sciences at SIUE, we have a faculty-to-undergraduate major student ratio of five to one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research.

What can I do with a degree in Math?
Professionals holding positions in the mathematics field as mathematicians, statisticians, and actuaries consistently rank their careers at the top of surveys on job satisfaction and security. According to The Bureau of Labor Statistics, the job outlook in these fields remains strong, and growth is projected at 25% over the next 10 years.

Applied Mathematics
A concentration in applied mathematics focuses on using mathematical theories to solve real-world problems, such as those related to structural stability, chemical interactions or wave propagation. Applied mathematics encompasses the use of probability theory, numerical and data analysis, modeling, algorithm development, and simulations to explore the connections between mathematics, science, and our environment.

Applied mathematics is used extensively in the fields of physics, geology, engineering and technology. Several emerging career paths have been identified by the Society for Industrial and Applied Mathematics, including bioinformatics, materials science, computer animation and digital imaging, finance, climatology, and ecology/environmental organizations.

48 month

Duration

$ 18246

Tuition

The construction management program in the Department of Construction at SIUE blends business and engineering coursework to provide graduates with the knowledge and skills necessary for the multi-faceted aspects of careers in construction management. Students in the School of Engineering study engineering fundamentals and construction management practices and procedures, and integrate a business administration minor to develop a strong foundation that allows them to rapidly advance in the construction industry.

What can I do with a degree in Construction Management?
The construction industry is one of the largest components of the U.S. economy, and according to the U.S. Bureau of Labor Statistics, the construction management field is expected to grow 10% through 2028. The scope of construction ranges from single buildings to mega-projects with total costs in the billions of dollars.

Continual changes in the industry require construction professionals with a diverse set of skills and knowledge in business management, engineering principles and construction methods and technology.

Land Surveying
The land surveying specialization provides the knowledge and skills necessary for entering the surveying profession. Graduates are eligible to sit for Surveyor-in-Training examinations administered by state boards of professional certification. Coursework includes significant hands-on laboratory work with conventional and advanced survey systems.

What can I do with a specialization in Land Surveying?
Land surveyors are uniquely qualified to provide fundamental professional services to the engineering, construction, geographic information systems (GIS) and real estate industries. Land surveyors are employed by utility companies, government agencies, engineering firms and construction companies. They often operate as the owners and principals of professional service firms, offering cadastral, engineering, forensic and construction services.

48 month

Duration

$ 18246

Tuition

View All Courses by Southern Illinois University Edwardsville, USA

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