Bachelor of Science in Actuarial Science
Lawrence Township, USA
BSc
DURATION
4 years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
USD 61,215 / per year **
STUDY FORMAT
On-Campus
* for international applicants studying in country | international applicants studying out of country: 15 june 2025
** for living on campus | living at home: 43,515 USD per year
In a world of uncertainty, actuaries use mathematics, statistics, and computer software to assess and manage financial risk. Rider’s interdisciplinary Bachelor of Science in Actuarial Science program provides the crucial mathematical, statistical, computational, and financial background that actuaries need, plus preparation for a series of examinations required for certification through the Society of Actuaries (SOA).
Program Overview
The Actuarial Science program is designed to provide students with the knowledge, skills, and tools they will need to obtain employment as an actuary. The program incorporates a blend of business and liberal arts courses in mathematics to provide a deep understanding of critical thinking, analysis, and communication skills as well as project management and teamwork.
Employment projections predict a high demand for actuarial science positions over the next several years. Students interested in actuarial science will find that this program contains all the components that contribute to a successful actuarial career and an excellent track record of placement upon graduation.
Journey to becoming an actuary
Keeping in mind that entrance into this high-demand profession depends heavily on passing a series of professional exams, our program concentrates on offering students relevant co-curricular activities to provide exam preparation and build a strong student-faculty support system.
Rider’s financial aid office works with families to ensure an undergraduate education is affordable at every income level. Scholarship and aid award offers are customized to fit your unique financial circumstances.
To get a full picture of the scholarships, grants, and other aid that you may be eligible to receive, apply to Rider and transmit your FAFSA using federal school code 002628. Merit-based scholarships and aid are automatically awarded when you apply, and once we receive your FAFSA, the Office of Financial Aid can help identify additional resources to fund your education.
Scholarships and Awards
The scholarships below are competitive and are typically awarded based on a comprehensive review of the student's academic record, including cumulative high school GPA, rigor of academic course selection, test scores, and auditions (if applicable), and other supporting credentials.
| Scholarships Awards | Award Range | Maximum value over 4 years |
|---|---|---|
| Merit-based scholarships | $14,000 - $27,000 annually | Variable based on financial aid offer. Students who meet the criteria and qualifications for a scholarship automatically receive the award upon admission to Rider. No additional scholarship application is required. |
To be considered for a merit-based academic scholarship, you must:
- Apply to Rider: Submit your completed application for admission, including official transcripts, standardized test scores (unless applying test-optional), essay, and one letter of recommendation by January 15. (Note: the final deadline is November 15th for all Musical Theatre and Acting applicants.)
- Rider offers Test-optional Admission, which means SAT/ACT scores are not required for admission and most scholarships at Rider. Test-optional applicants will be given full consideration for most merit-based scholarships.
- Are you a high achiever? Students with a 4.0 GPA and 1300+ SAT/28+ ACT score may be eligible to receive the maximum merit-based scholarship offer of $27,000. You must submit your SAT/ACTs to Rider in order to qualify for this award level.
- Complete an audition, if required (audition results are a factor in scholarship awards).
- Be regularly admissible to the University as a full-time student.
- Have a minimum cumulative academic 2.7 GPA (unweighted) on a 4.0 scale.
For New Jersey residents—the Rider Tuition Guarantee:
Rider guarantees free tuition for qualified in-state students! If you're a New Jersey resident with a GPA of 3.5 or above based on a 4.0 grading scale, an adjusted gross income of $50,000 or less, and are receiving both full TAG and Pell grants, you may be eligible to attend Rider University tuition-free when you apply as an undergraduate student for the fall 2025 or spring 2026 start terms. Terms and conditions apply.
Visit our website to learn more about the scholarships and aid opportunities.
Major Requirements
Required Mathematics Courses
- Calculus I
- Calculus II
- Calculus III
- Linear Algebra
- Differential Equations
- Advanced Calculus
- Probability & Statistical Analysis I
- Probability & Statistical Analysis II
Two MTH Electives (at 300 level or above)
Required Accounting Courses
- Introduction to Accounting
- Managerial Uses of Accounting
Required Finance Courses
- Introduction to Finance
- Intermediate Corporate Finance
Required Economics Courses
- Principles of Macroeconomics
- Principles of Microeconomics
Required Management Science Courses
- Predictive Modeling and Applications
- Financial Mathematics
Required Computer Science Course
Select one of the following courses:
- Fundamentals of Computer Science
- Computer Science I
Recommended Free Electives
- Financial Markets & Institutions
- International Finance
- Investments
- Risk Management
- Fixed Income and Derivatives
- Economics of the Health Care System
Students graduating from the Actuarial Science program will be:
- prepared to take the Society of Actuaries (SOA) exams required for employment in the actuarial science profession.
- able to demonstrate proficiency in the three Validation by Educational Experience (VEE) requirements by the SOA.
- able to write technical reports and make technical presentations containing statistical and actuarial results.
- able to apply statistical methods using relevant software to solve real-world problems.
- prepared to continue their study in finance, mathematics, statistics, and other related fields and take additional SOA exams to advance their career.
Rider actuarial science graduates can be found in gratifying careers as actuaries, analysts, consultants, underwriters, brokers, and senior executives with national and regional industry leaders in consulting, health care, insurance, and finance.
Common industries:
- JP Morgan Chase
- Marsh & McLennan Companies
- Milliman
- National Council on Compensation Insurance (NCCI)
- New Jersey Department of Banking and Insurance
- New York Life Insurance
- Prudential Financial, Inc.
- Selective Insurance Group, Inc.