Overview

The Actuarial Mathematics programme at Indiana University of Pennsylvania offers a comprehensive multidisciplinary curriculum designed for students with a strong analytical mindset. This B.Sc. degree integrates advanced mathematical modelling with essential business principles to address complex financial risks in the modern global economy.

Students benefit from a supportive academic environment where small class sizes facilitate direct interaction with expert faculty members. The curriculum is specifically aligned with the requirements of the Society of Actuaries, ensuring that graduates are well-prepared for the initial professional examinations necessary for certification. This focus on professional readiness is complemented by a dedicated first-year seminar that eases the transition into university life.

Why Actuarial Mathematics at Indiana University of Pennsylvania?

The programme is housed within the John J. and Char Kopchick College of Natural Sciences and Mathematics, offering access to modern facilities and expert researchers. Pennsylvania is a primary hub for the actuarial profession, ranking second in the United States for the total number of practicing actuaries. This geographic advantage provides students with unique proximity to major industry leaders and potential employment opportunities.

Teaching is delivered by specialists in statistics and financial mathematics who bring significant real-world experience to the classroom. The department maintains a low student-to-faculty ratio of approximately 12 to 1, ensuring personalised attention and guidance. Students are also encouraged to engage in undergraduate research projects, both internally and through summer experiences at other prestigious institutions.

Tuition Fee Breakdown

International fee: USD 11592 per year
National fee: USD 11592 per year
Local fee: USD 7994 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum provides a robust foundation in analytical tools and business theory. Modules may include:

Accounting
Corporate Finance
Econometrics
Financial Mathematics
Macro and Micro Economics
Probability and Statistics
First-Year Seminar

Careers with Actuarial Mathematics

Graduates are prepared for high-growth roles in sectors where risk management and data analysis are critical. Common career paths include becoming an actuary, financial analyst, or business analyst. The skills acquired are highly valued across diverse industries such as health insurance, investments, banking, and property casualty insurance.

The demand for actuaries is projected to grow significantly, with statisticians and actuaries consistently ranked among the top STEM and business jobs. Graduates often find employment within government agencies, enterprise risk departments, and pension or retirement fund management firms. The programme's rigorous training ensures that alumni are competitive candidates for leadership positions within the financial services sector.

Programme Structure

Courses include:

Probability and Statistics for Natural Sciences

Differential Equations

Mathematical Statistics II

Financial Mathematics

Topics in Applied Computational Mathematics

Time Series Analysis

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2026-08-26 00:00:00

Apply anytime.
Starting 2027-01-21 00:00:00

Apply anytime.

More details

Applications are considered by the Admissions Committee on a rolling basis. Last day to apply is August 28 for Fall and January 22 for Spring.

Language

English

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IELTS

5.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

Indiana, United States

Disciplines

Applied Mathematics Actuarial Science View 323 other Bachelors in Applied Mathematics in United States

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

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TOEFL^® IBT

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PTE Academic

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IELTS

5.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

$25 Application Fee

Proof of English Language Proficiency

International Student Financial Statement

Official Transcripts

Passport Copy

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

11592 USD / year

≈ 11592 USD / year
Out-of-State

11592 USD / year

≈ 11592 USD / year
Domestic

Applies to you

In-State

7994 USD / year

≈ 7994 USD / year

Living costs

Indiana

United States

1000 - 1500 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Actuarial Mathematics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Indiana

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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