Bachelor of Science [B.S] Actuarial Science
Students can prepare for six or seven of the nine course exams required to become an actuary and also will be eligible for all three VEEs (Validation by Educational Experience) upon successful completion of all required and recommended courses. In addition, most students also earn a second major in Statistics and a minor in Management.
Careers in Actuarial Science
Most Actuarial Science graduates become actuaries. Actuaries are highly desirable in management positions because of their multidisciplinary background and strong quantitative emphasis. Graduates are highly recruited by top insurance companies. Some go on to graduate school in business or finance, and some take jobs as statisticians or in other math-related careers.
Tution & Application Fees
| Year | Year 1 | Year 2 | Year 3 | Year 4 |
| Tuition Fees | $31104 | $31104 | $31104 | $31104 |
| Books and supply | $1010 | $1010 | $1010 | $1010 |
| Other Fees | $1780 | $1780 | $1780 | $1780 |
| Total Fees | $33894 | $33894 | $33894 | $33894 |
Examinations
| Exam Type | Exam Name | Score | Out of Score | Exam Level |
|---|---|---|---|---|
| IELTS | International English Language Testing System | 6.0 | 9 | 3 |
| TOEFL | Test of English as a Foreign Language | 80 | 120 | 3 |
| SAT | Scholastic Aptitude Test | 1170 | 1600 | 1 |
| ACT | American College Testing | 26 | 36 | 1 |
| Duolingo | Duolingo | 110 | 160 | 1 |
Academic Requirements:
- Self reported high school grades and official transcripts
- Self reoprted ACT or SAT scores
- Proof of english language proficiency
- Personal Essay and Purdue specific questions
English Language Requirements:
- TOEFL IBT: 88 minimum or higher
- IELTS: 6.5 minimum or higher with 6.0 in each section
- Duolingo: minimum 110 or better
- SAT or ACT: minimum of 600 in Evidence Based Reading & Writing in SAT and 26 minimum in English section in ACT