B.Sc. On Campus

Actuarial Science

Pennsylvania State University

48 months
37946 USD/year
36476 USD/year
18898 USD/year
Tuition fee
Apply date
Start date


The Actuarial Science major at Pennsylvania State University provides background in the wide range of knowledge needed to be a professional actuary including calculus, probability and statistics, financial and actuarial mathematics, economics, finance, risk management, pensions, and insurance.


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.


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
  • Fundamentals of 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


  • Full-time
    • 48 months

Start dates & application deadlines

More details

Early Action deadline for first-year domestic students (and recommended deadline for international students): November 1.


120 alternative credits


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

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 Fee

To alway see correct tuition fees
  • International

    37946 USD/year
    Tuition Fee
    Based on the tuition of 37946 USD per year during 48 months.
  • National

    36476 USD/year
    Tuition Fee
    Based on the tuition of 36476 USD per year during 48 months.
  • In-State

    18898 USD/year
    Tuition Fee
    Based on the tuition of 18898 USD per year during 48 months.

Living costs for University Park

1000 - 1500 USD /month
Living costs

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


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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Actuarial Science
Pennsylvania State University


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