Bachelor of Science in Actuarial Science at Iowa State University

Ames, Iowa, United States

Pursue a 48 Months Bachelors (UnderGraduate) with INR 2,333,000/Year Tuition Fees

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Bachelor of Science in Actuarial Science at Iowa State University

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Overview

Iowa State University offers a Bachelor of Science in Actuarial Science through its College of Business. This program lasts for four years and provides students with the skills needed for a career in actuarial science. The tuition fees for this program are USD 27,683. To apply for this course, students must show their English language skills. Accepted tests for English language proficiency include IELTS, TOEFL, and PTE.

Program Details Information
Duration 48 Months
Course Level Bachelors (UnderGraduate)
Mode of Course Full Time
Tution And Fees ( For 1 Year) INR 2333000.0
Type of University Public
Official Career service Website https://www.iastate.edu

Bachelor of Science in Actuarial Science at Iowa State University

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Key Insights

  • list items Actuarial science is the field that uses financial, math, and statistics to study risks in a company or organization.
  • list items The actuarial science program gives students knowledge in probability, statistics, finance, and actuarial math. This helps them pass the 5 basic exams from the Society of Actuaries and the Casualty Society of America.
  • list items Students in actuarial science study many topics, including interest theory, probability theory, financial futures and options, loss models, credibility theory, and the math of life events.
  • list items The goal of the Actuarial Science program is to provide a complete business education that prepares students for a career in actuarial science.

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    Bachelor of Science in Actuarial Science at Iowa State University

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    Eligibility Criteria

    12th Grade

    Students must have completed high school with a minimum equivalent GPA of B or 3.0 on a 4.0 scale. The specific requirements include: 50% on the General Scale, 6 on a scale of 1-9 for the India School Certificate, B2 on a scale of A1 to E2 for CBSE/CCE, and 61 out of 100 or D on a scale of A-I for the National Institute for Open Schooling SSSE. Additionally, students need to complete 4 years of native language, 3 years of mathematics (including algebra and geometry), 3 years of science (with biology, chemistry, or physics), and 2 years of social studies. For majors in LAS and Engineering, 2 years of a foreign language is required, where English can be used if it's not the native language.

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    TOEFL

    Marks: 71.0

    Students need a minimum score of 17 in the Speaking and Writing sections.

    IELTS

    Marks: 6.0

    Students must have no sub score below 5.5.

    Exams Accepted Qualifying Score
    TOEFL 71.0
    IELTS 6.0
    PTE 48.0

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    Bachelor of Science in Actuarial Science at Iowa State University

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    Application Process

    • Step one Additional documents required Academic records Certified English translations (if academic records are not in English) Proof of English proficiency Proficiency Copy of passport Bank statement or sponsor letter showing $40,500 USD, equivalent to one year’s expenses • Step two Start your online application http://www.admissions.iastate.edu/intl/index.php • Step three Application fees for this course USD 50 = INR 4.21 Thousand Mode of payment: Credit card The university offers a Monthly Payment Plan for the Fall/Spring academic year Students need to pay 50$ enrollment fee Enrollment for the Monthly Payment Plan is open mid-March through mid-July and is established in AccessPlus:

    Bachelor of Science in Actuarial Science at Iowa State University

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    Fees & Other Costs

    Cost Breakdown Amount (For 1 year)
    Tuition & fees INR 23,32,846
    Hostel & Meals INR 8,19,610
    Insurance INR 1,73,933
    Books and supplies INR 91,939
    Other expenses INR 2,43,540
    Total approximate fees INR 13,29,022

    Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"

    Bachelor of Science in Actuarial Science at Iowa State University

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