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Actuarial Sciences, BS/MS Accelerated Program

Offered in: CHICAGO

The mathematics and actuarial science faculty at Roosevelt offers an accelerated BS in Actuarial Science/MS in Mathematics with a concentration in Actuarial Science program to eligible students. Students entering this program can earn both a bachelor’s and master’s degree in less time than earning these degrees separately would require.

Students apply at the end of their sophomore year and are accepted into the degree program during their junior year (after having completed at least 60 semester hours), begin enrolling in graduate courses in their senior year (after completing 75 semester hours), and complete the requirements for the MS degree in their fifth year.

As undergraduates, eligible students may earn between 9-12 credit hours (taking 3-4 graduate level courses), which are applied towards both the undergraduate degree, as well as the graduate degree. Graduate courses taken during the student’s senior year will depend on the courses the student has remaining to complete his/her undergraduate degree in actuarial science. Once the student completes the BS, the graduate-level courses taken as an undergraduate will be transferred to their MS transcript.

Admission

Applicants must have a desire to become professional actuaries and must be either:

  1. Actuarial Science majors at Roosevelt University, minoring in both Business and Computer Science, having a 3.25 GPA (or better) in all actuarial science or mathematics courses taken at Roosevelt, and a minimum of three of these courses by the time of application, or other evidence of scholarly capability. Students should apply at the end of their sophomore year.
  2. High school students accepted into the BS in Actuarial Science with a 3.5 GPA (or higher) and a 25 ACT (or higher), or other evidence of scholarly capability.

Accepted students must also agree to finish the MS in mathematics with a concentration in actuarial science program at Roosevelt and maintain good standing in master’s level courses.

Acceptance into the program will be decided by a departmental committee.

Degree Awards

The BS is awarded when all undergraduate requirements are completed (with substitution of three or four graduate level courses for three or four undergraduate courses). The MS is awarded when all graduate requirements are completed.

Application Deadline: May 1

General Education Requirements

Academic Communities of Practice

  ACP 101 First-Year Seminar .....3
  ACP 110 Primary Texts .....3
  ACP 250 Grounds for Change .....3

English Composition (minimum grade of C- required)

  ENG 101 Composition I: Critical Reading and Writing .....3
  ENG 102 Composition II: Introduction to Academic Research .....3

Humanities

  Nine semester hours total required from these subject areas: African-American Studies, Art History, English (excluding 100, 101 and 102), History, Languages, Music, Philosophy, Theatre, Speech and Women's and Gender Studies .....9

Mathematics

  MATH 110 Math 110 or above (Math, Computer Science & Technology, and Science majors have different requirements -- see advisor). .....3

Non-Western requirement

  Non-Western course (can be used for Humanities or Social Sciences general education requirements) .....3

RU mission-related course (minimum grade of C- required)

  LIBS 201 Writing Social Justice .....3

Science

  One biological science and one physical science required; at least one must be a four-hour lab (not applicable for science majors) TOTAL: at least 7 science hours .....7-8

Social Sciences

  Nine semester hours total required from these subject areas: African-American Studies, Anthropology, Economics, History, Journalism, Philosophy, Political Science, Psychology, Sociology and Women's and Gender Studies .....9

Total hours for general education

  .....46

These quantitative requirements also apply to degrees in the College of Arts and Sciences:

  • Students may apply no more than 60 semester hours of 100-level courses toward the degree.
  • Students must apply no fewer than 60 semester hours of 200- and 300-level courses toward the degree.
  • Students must have at least 18 semester hours (of the 60 semester hours above) at the 300 level.
  • Students may transfer in no more than 66 semester hours from community colleges.
  • Students must take their final 30 hours at Roosevelt University. Note that some majors have additional requirements for RU hours.
  • Students must have a grade point average of 2.0 or higher to graduate. Note that some majors have additional GPA requirements.
  • Students must have a minimum of 90 hours in Arts and Sciences.