Bachelor of Science (B.S.) in Applied Mathematics and Statistics – Actuarial
Prepare for a Rewarding Career Using Statistics with an Actuarial Mathematics Bachelor’s Degree
Businesses, insurance companies, and financial institutions are looking for people with actuarial math skills. They need people who can help enhance the consumer experience based on their past purchases, behavior, and interests. Banks, insurance companies, and investment and securities firms have come to rely on the skills of actuaries.
By pursuing a B.S. in Applied Mathematics and Statistics – Actuarial from Liberty University, you can be better prepared for actuarial exams, internships, and employment. One of the reasons actuaries are highly sought after is their ability to analyze risk. You will learn how to develop equations and solve problems such as likely life expectancy and premium rates based on an individual’s risk factors.
Pursue Your Degree with Confidence
- Liberty University is accredited by SACSCOC, the Southern Association of Colleges and Schools Commission on Colleges.
- Our professors are experienced professionals who hold doctoral degrees.
- Math and business concepts will be integrated with biblical principles so you’ll start your career as a professional with Christian values and ethics.
- Applied mathematics is one of the fastest-growing areas in mathematics.
What Will You Learn?
- Accounting for assets, liabilities, sole proprietorship, equity, revenues, and expenses
- Annuities and cash flows
- Budgeting and dividend policy
- Capital stocks and bonds
- Systems of linear equations, matrices, and determinants
- The financial forms of business organization with special attention to the corporation and its advantages and disadvantages
Career Opportunities for Applied Mathematics and Statistics Bachelor’s Graduates
- Actuary (needs actuarial exams)
- Applied mathematics advisor
- Budget analyst
- Data analyst
- Financial advisor
- Intelligence analyst
- Investment banker
- Mathematician
- Operations researcher
- Risk manager
- Statistician
- Statistics engineer
Practical Applications and Resources Available to Applied Mathematics
- Actuarial math is the fastest growing area in mathematics.
- The program is managed according to the Society of Actuary’s standards.
- Students are well-prepared to work in business, government, corporate industry, finance, or insurance.
- All professors have real-world experience in the field and teach courses from a biblical worldview.
Admission Requirements for Our Undergraduate Degree Programs
Every application is reviewed by the admission committee on a case-by-case basis, meaning there are no set minimums for acceptance. However, all applicants must submit the following documents* for admission:
- Admission application
- Official high school transcripts
- Official college transcripts (if applicable)
- Results from the CLT, SAT, or ACT are not required for admission, but may be used in consideration for merit-based aid.
- Admission essay
*Note that additional documentation may be requested by the admission committee after your application has been received.
Credit Hours
Available On Campus
Class Type
Residential
Transfer Credits
Transfer in up to 75% of the degree total
Next Start Date
Aug 18, 2025
Accreditation
Liberty University is accredited by SACSCOC
