Bachelor of Science in Applied Mathematics and Statistics – Actuarial
Diversify Your Skill Set 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 Bachelor of Science (BS) 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 study how to develop equations and solve problems such as likely life expectancy and premium rates based on an individual’s risk factors.
So what are you waiting for? You want a lucrative career and a valuable skill set to get you there. Pursuing our actuarial mathematics degree means gaining knowledge and tools to work in a variety of rewarding fields.
What Does an Actuary Do?
Credit Hours
View CoursesNext start date: Aug 18, 2025
Liberty University is accredited by SACSCOC
Highlights
Highlights of Our BS in Applied Mathematics and Statistics – Actuarial Degree Program
Real-World Expertise with a Biblical Foundation
All professors bring real-life experience from the field into the classroom, helping bridge the gap between theory and practice.
With advanced degrees and a commitment to teaching from a biblical worldview, they not only share technical knowledge but also model integrity, purpose, and Christian character in every lesson.
Math with a Purpose
Our program emphasizes using mathematics as a tool to create meaningful, real-world solutions.
You can gain a strong foundation in problem-solving, analytical thinking, and logic while exploring how mathematical principles can be used to improve lives, support ethical decision-making, and reflect God’s order and design.
Preparation for Your Future
Whether you’re interested in business, finance, or insurance, this program can help equip you with the analytical and quantitative skills employers value.
We strive to ensure our graduates are prepared to pursue roles such as data analysts, risk consultants, or financial planners – with a solid understanding of how to apply math in high-stakes environments.
Industry-Aligned Curriculum
The program is designed with guidance from the Society of Actuaries’ standards, ensuring you receive a relevant and respected education.
With coursework that aligns with industry expectations, you’ll be better prepared for actuarial exams and professional certifications, giving you a competitive edge as you search for a career.
Career Potential
What Can You Do with a BS in Applied Mathematics and Statistics – Actuarial Degree?
Liberty University’s Bachelor of Science in Applied Mathematics and Statistics – Actuarial degree can help prepare you to pursue the following occupations:
- Actuary (needs actuarial exams)
- Applied mathematics advisor
- Data analyst
- Mathematician
- Financial advisor
- Intelligence analyst
- Investment banker
- Mathematician
- Operations researcher
- Risk manager
- Statistician
- Statistics engineer
#4 Best College Campus in America
At Liberty, you’ll find an affordable, high-quality education designed to help equip students like you for the real world. Our commitment to excellence has earned us recognition as the #4 Best College Campus in America by Niche.com.
Earning your degree from a nonprofit university with state-of-the-art resources like ours can help set you apart from your peers.
Courses
What Will You Study in Our Applied Mathematics and Statistics – Actuarial Bachelor’s Degree?
Liberty University’s BS in Applied Mathematics and Statistics – Actuarial degree provides foundational courses in English, math, and research, as well as courses teaching Christian principles. These courses will help guide you through your professional life no matter what career path you take.
Your mathematics and statistics degree will cover core courses to prepare you for math-based fields. Your courses will include topics like probability, linear regression, and financial mathematics. You will also explore numerical techniques for problems such as interpolation, approximation, numerical differentiation and integration, and differential equations. A degree in applied mathematics and statistics can provide you with an education that has fewer theory-driven courses and more courses that focus on statistics.
Our actuarial specialization will provide further training in the world of business and finance. You will analyze microeconomic issues including market structures, government regulations, labor market, financial market, and international trade. You will also study macroeconomic problems including business cycles, unemployment, and inflation. In general, your courses will cover financial and managerial accounting, corporate finances, marketing, investments, application programming, and economics.
Featured Applied Mathematics and Statistics Courses
BUSI 320 – Finance Principles
MATH 221 – Applied Linear Algebra
MATH 311 – Probability & Statistics I
Degree Information
- This program falls under the College of Arts and Sciences
- View the Degree Completion Plan
- Check out our course catalog
- Transfer in up to 75% of the degree total
BENEFITS
Why Choose Liberty’s Applied Mathematics and Statistics – Actuarial Bachelor’s Degree?
Join a Growing Industry
The field of actuarial mathematics is growing rapidly. According to the Bureau of Labor Statistics, the projected job growth for actuaries is much faster than average at 22% over the next 8 years.*
*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Actuaries, (visited online May 6, 2025). Cited projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
Study Under Experienced Professors
We believe in providing a top-tier education, which is why we offer you the chance to study under knowledgeable professors in the field. With years of experience in mathematics, business, and actuarial science, they are dedicated to guiding you through complex concepts and helping you apply them in real-world situations.
Ethical and Biblical Foundations
In addition to technical skills, we want to help you develop ethical principles from a Christian perspective. Our degree program emphasizes integrity, responsibility, and moral decision-making, preparing you to be a professional who upholds strong values in every aspect of your professional journey.
Christian Perspective in Every Course
Another exciting aspect of our program is that all courses are taught from a Christian perspective. As you study math and business concepts, you’ll experience how biblical principles integrate into your experiences, allowing you to start your journey as a professional grounded in Christian values and ethics.
Admissions
How Do You Become a Applied Mathematics and Statistics – Actuarial BS Student?
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)
- Admission essay
Results from the CLT, SAT, or ACT are not required for admission, but may be used in consideration for merit-based aid.
*Note that additional documentation may be requested by the admission committee after your application has been received.
Have Questions?
We’ll make sure you have the information you need to take your next step.