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Actuarial science applies mathematical and statistical methods to develop, fund, and manage various insurance schemes, retirement programs, and employee benefit systems. Professionals in this field, known as actuaries, specialize in sectors like life and health coverage, property and liability insurance, as well as government and corporate pension plans. The curriculum typically includes subjects such as calculus, linear algebra, economics, financial management, accounting principles, probability theory, statistical analysis, actuarial computations, and information technology. These specialized courses not only teach fundamental actuarial principles but also equip students to successfully complete the certification exams required for professional accreditation in either life/health or property/casualty insurance specialties.
Applicant must have successful completion of university preparatory courses, high school performance (class rank or GPA), including participation in accelerated programs like Honors, AP and IB; Ohio State does not have minimum requirements for class rank or GPA, Ability and desire to contribute to and engage with a diverse campus community, Experiences that demonstrate leadership or engaged involvement, Status as a first-generation university student, Demonstration of outstanding talent in a particular area and High school performance if adversely affected by physical, mental or learning environment factors. English proficiency level TOEFL: 79 or higher on the internet-based test, 550 or higher on the paper-based test and IELTS: 6.5 or higher