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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

The fast change of pace in our society is creating new career opportunities for individuals trained in multiple disciplines. The Master of Science in integrative studies allows students to access expertise from two or three areas and integrate courses into a degree that meets the needs of an emerging career field.

Consider integrative studies if:

  • You have diverse interests that span two or three academic disciplines and you want to blend these interests into one cohesive program
  • You have a career interest in an emerging field that crosses academic disciplines, such as cultural heritage and resources management or marketing communications
  • You want to advance in a non-traditional sector or start your own business

What can I do with a degree in Integrative Studies?
A Master of Science in integrative studies can lead to a multitude of career paths as well as entry into doctoral programs. The degree will meet the needs of students seeking knowledge for advancement in a specific industry, looking to move to an emerging field that is multidisciplinary or starting their own business. Employment outlook and salary information for these careers vary widely. A carefully designed plan of study will provide students with a unique combination of skills and knowledge that will be advantageous in the job market.

GIS Development and Database Administration
In order to function effectively, every organization needs to make sure its database is always secure, available and performing at maximum capacity. A database administrator is a central figure in securing, maintaining and fine-tuning databases. A Geographic Information Systems (GIS) database stores geospatial information consisting of a combination of maps, 3D images, and space or time coordinates, among others. A database administrator who is trained to handle the complexities of large volumes of GIS data will be a sought after asset to any organization.

24 month

Duration

$ 15291

Tuition

The study of communication involves the development of theories and research tools to analyze, explain and improve human interaction. The applied communication studies program is offered in the College of Arts and Sciences through the Department of Applied Communication Studies. Departmental courses focus on two-person interaction, small-group decision making, communication patterns in organizations and other complex systems, public relations, and speaker-audience interaction in public speaking.

What can I do with a degree in Applied Communication Studies?
In America, employers increasingly recognize the need for more effective communication. As a result, job opportunities for graduates trained in applied communication studies are prevalent in business and industry, government agencies, educational systems, nonprofit organizations, and community-based resource centers. Graduates often have several career choices. Examples of communication careers departmental graduates have entered are: teaching and administration; management, training and consulting in organizations; public relations; human relations and employee assistance programs; sales; and government service. Graduates find employment in various types of for-profit and nonprofit organizations locally, regionally, nationally and internationally. Applied communication is also an in-demand minor for students majoring in areas such as, business, mass communications, political science and sociology. Our graduates are also well-prepared for graduate school.

Track Option: Corporate and Organizational Communication
Students who choose the corporate and organizational communication track focus on communication within the context of businesses and other organizations. Effective communication in organizations is necessary both for the attainment of organizational goals and for individual productivity and satisfaction. This track is designed for those who will work in organizational settings and who want to become more effective in their interactions with others for a more successful and fulfilling work life. This knowledge is especially important now that the "world of work" is undergoing such rapid change. In addition to learning, understanding, and applying organizational theories and research, students will develop important organizational skills such as conflict management, decision making, goal setting and team building. Students completing this track will be prepared for careers in a wide variety of organizational settings and roles (sales, management, human resources and training), as well as for graduate study in communication or business.

48 month

Duration

$ 18246

Tuition

The business administration program is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International, and provides a broad education in the functional areas of modern business, the behavior of organizations and decision-making processes, as well as analytical methods for solving basic problems affecting commerce and business practices. Our students find that the combination of knowledge acquisition and skill development is appealing and rewarding. Students in the School of Business will also learn about the ethical and global issues facing today’s businesses, while refining their communication skills and abilities. They will also learn to make leadership decisions based on quantitative data using analytical tools.

What can I do with a degree in Business Administration?
Graduates of the business administration program are well prepared to become business professionals who understand the environment in which business operates, and can analyze how business operations are impacted by economic, social, political and legal environments. Graduates of the program are prepared 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 and practices is required. According to the Bureau of Labor Statistics, employment in business and financial operations occupations is projected to grow 5% through 2029.

Computer Information Systems
The computer information systems specialization is designed to prepare students to work with business computer technology. Students learn to design information systems to support decision making and the operation of business and organization functional areas. The design process includes the specification of hardware, software, and personnel requirements. Students must maintain a GPA of 2.5 on a 4.0 scale in all CMIS courses.

48 month

Duration

$ 18246

Tuition

Natural Sciences & Mathematics

Master of Science in Chemistry (STEM)

Students pursuing the Master of Science (MS) in chemistry through SIUE's College of Arts and Sciences explore advanced topics in chemistry and become proficient in lab techniques and problem-solving skills. The Department of Chemistry is housed in the recently built Science Building West. Our students have access to state-of-the art equipment and laboratories. The MS program can be completed within a two-year timeframe.

What can I do with a degree in Chemistry?
Students earning a master’s degree in chemistry will be well-prepared to pursue a variety of careers. Our graduates learn skills in the classroom and in research laboratories that ensure they are productive problem solvers throughout their career. SIUE graduates are frequently sought after by local employers.

According to the American Chemical Society, the fields employing the most chemists include biochemistry, analytical chemistry, organic chemistry and physical chemistry. 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.

24 month

Duration

$ 15291

Tuition

The Department of Art and Design, in the College of Arts and Sciences at SIUE, provides an excellent studio art program for its majors, minors and postgraduate students in recently built and renovated facilities offering state-of-the-art technology. While students are encouraged to develop their creative, intellectual and technical potential in the visual arts, they also have the opportunity to pursue minors in diverse areas such as anthropology, business, geography, history and more. Emphasis is placed on the development of conceptual and visual vocabulary, as well as the ability of students to discuss their work within historical and contemporary contexts. At SIUE, the Department of Art and Design offers a core foundation of skills that students can build upon in order to produce meaningful and engaging works with diverse objectives. Our students are challenged to view themselves as professionals on the first day they step into a classroom.

What can I do with a degree in Studio Art?
Students specializing in art studio at SIUE will be prepared for a wide variety of careers, including work in museums, art galleries, cultural institutions, and academia. Our students are also well prepared for graduate school. Some of our recent graduates are pursuing advanced degrees at Indiana University, the University of Nebraska, Maryland Institute College of Art, The State University of New York at Albany, University of Wisconsin at Madison, Syracuse University, the School of the Art Institute of Chicago, and the Rhode Island School of Design, among others.

48 month

Duration

$ 18246

Tuition

At SIUE, we have a graduate student-to-faculty ratio of two-to-one, so our students receive personalized attention from faculty recognized for outstanding teaching and excellent research. The Department of Mathematics and Statistics at SIUE provides learning and research opportunities in many areas and students are exposed to various cultures from diverse faculty members in the College of Arts and Sciences.

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

24 month

Duration

$ 15291

Tuition

The Department of English Language and Literature offers a Master of Arts in English with the option to specialize in literature, teaching English as a second language or teaching of writing. Students will be well prepared for a variety of careers.

Literature
A master’s degree in English, with a specialization in literature, from the Department of English Language and Literature prepares students for advanced graduate work, secondary and college teaching, and a variety of careers in nonprofits and the private sector that require excellent writing and critical-thinking skills. The literature specialization's vibrant curriculum in the College of Arts and Sciences allows students to study a range of literary texts, from the contemporary U.S.A., to world diasporas, to Chaucer's England.

The program of study is designed with flexibility in mind so students can take courses and create an exit plan crafted for their own literary and career interests. Our innovative exit options allow students to complete a traditional thesis, create an action research project, develop a public humanities program, or study the digital humanities, making this MA an excellent choice for students who wish to prepare themselves for a variety of careers after graduation. Students interested in this degree often go onto further advanced graduate study or teach at the community college level.

24 month

Duration

$ 15291

Tuition

The fast change of pace in our society is creating new career opportunities for individuals trained in multiple disciplines. The Master of Arts in integrative studies allows students to access expertise from two or three areas and integrate courses into a degree that meets the needs of an emerging career field.

Consider integrative studies if:

  • You have diverse interests that span two or three academic disciplines and you want to blend these interests into one cohesive program
  • You have a career interest in an emerging field that crosses academic disciplines, such as cultural heritage and resources management or marketing communications
  • You want to advance in a non-traditional sector or start your own business

What can I do with a degree in Integrative Studies?
A Master of Arts in integrative studies can lead to a multitude of career paths as well as entry into doctoral programs. The degree will meet the needs of students seeking knowledge for advancement in a specific industry, looking to move to an emerging field that is multidisciplinary or starting their own business. Employment outlook and salary information for these careers vary widely. A carefully designed plan of study will provide students with a unique combination of skills and knowledge that will be advantageous in the job market.

Cultural Heritage and Resources Management
Cultural heritage includes intangible resources (ceremonies, oral history and customs) and tangible resources (architecture, artifacts and landscapes) inherited from past generations. The program includes coursework in ethical and legal issues with management of these resources, as well as practical skills, such as mapping and GIS, methods of survey and excavation, document and map analysis, artifact and art duration. Students take courses in two of the participating departments: Anthropology, geography and history.

24 month

Duration

$ 15291

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.

Management
The management specialization prepares students for the increasing responsibilities of managerial roles in organizations, and for positions requiring skilled interpersonal interactions. Students can choose from human resources, operations and emerging markets management courses.

24 month

Duration

$ 15291

Tuition

Electrical engineering and computer engineering disciplines are concerned with the development and application of electrical and computer technology to enhance and enrich all life. Electrical and computer engineers, as part of this mission, are engaged in a wide variety of activities that include:

  • Space exploration and remote sensing
  • Process control and automation
  • Automatic control systems for use in robotics, missiles, aircraft and manufacturing plants
  • Electric power generation and distribution, environmentally responsible generation and use of energy
  • Audio- video- and data-communication systems, and satellite communications
  • Digital processing of signals and images using the computer
  • Design and manufacturing of faster and more capable microprocessors for the computers of tomorrow
  • Applications of technology in the healthcare field through computerized ultrasound, radiology, tomography and imaging systems, computer-aided diagnosis and treatment, and telesurgery

The applications listed above require a solid foundation in mathematics and physics, which requires electrical and computer engineering students to go through a substantial set of courses in these areas. In addition, today’s engineers also must be aware of a wide variety of global, social, ethical, economic and environmental issues that are relevant to the systems they design and build. Our bachelor’s degree programs include courses and projects designed to build this awareness. The electrical and computer engineering program mission is consistent with the mission of the University and the School of Engineering.

What can I do with a degree in Electrical Engineering?
Electrical and computer engineers find employment in a wide variety of manufacturing companies such as aerospace and aircraft, electric manufacturers, computer circuit (a.k.a. “chip”) manufacturers, and medical equipment manufacturers. They are employed in the fields of research, design, manufacturing and sales. Many public utilities, which include power companies and telephone companies, employ both computer engineers and electrical engineers. Other potential employers include oil companies, railroads, food processing plants, chemical and biological laboratories, chemical plants, various branches of federal government, and many consulting engineering companies.

48 month

Duration

$ 18246

Tuition

View All Courses by Southern Illinois University Edwardsville, USA

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