Overview

An actuary is a business professional who uses mathematical skills to define, analyze, and solve complex business and social problems.
The Actuarial Science major at Pennsylvania State University stresses the application of mathematical and statistical concepts to the measurement of life, health, pensions, and other contingencies, while at the same time giving the student a broad understanding of the business environment.
The curriculum is designed to prepare students for the series of professional examinations needed in order to be a practicing actuary.
Students are encourage to complete several of these exams prior to graduation with employers providing assistance to complete the remaining exams.

Careers

Actuarial Science has been rated among the top career paths in the nation by media outlets including The Wall Street Journal and Forbes magazine.
Smeal Actuarial Science students are highly sought by industry and government for internships and full-time employment.

Due to the size and success of the Actuarial Science program, one of the largest career fairs in the country is held in the Business Building attracting more than 30 companies annually.

Programme Structure

Courses include:

Risk Management and Insurance
Financial Mathematics for Actuaries
Private Pensions
Property, Casualty, and Health Insurance
Actuarial Mathematics
Life and Health Insurance
Probability Theory
Modeling for Actuarial Science
Statistical Programming in SAS

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2026-08-24 00:00:00
- Apply before 2026-06-15 00:00:00 , International
Starting 2027-01-11 00:00:00
- Apply before 2026-10-01 00:00:00 , International
- Apply before 2026-12-01 00:00:00 , National

Language

English

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120

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IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

University Park, United States

Disciplines

Actuarial Science View 263 other Bachelors in Actuarial Science 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

Duolingo English Test

120

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

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

Application
Official secondary school records
Official transcripts
Official test scores: SAT or ACT
English language proficiency if your native language is not English

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

43290 USD / year

≈ 43290 USD / year
Out-of-State

41790 USD / year

≈ 41790 USD / year
Domestic

Applies to you

In-State

20644 USD / year

≈ 20644 USD / year

Living costs

University Park

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.

About

Overview

Careers

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

University Park

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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