Pennsylvania State University campus

Business

BS Actuarial Science at Pennsylvania State University

Pennsylvania State University, United States

Programme 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 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.

Faculty: Smeal College of Business  |  Duration: minimum 120 credits  |  Study mode: full-time  |  Location: University Park, PA, United States

What you will study

The degree requires a minimum of 120 credits, including General Education and the requirements for the major. Required courses include Socially Responsible, Sustainable and Ethical Business Practice, Analyzing Business and Industry, Introductory Microeconomic Analysis and Policy, Introductory Macroeconomic Analysis and Policy, Financial and Managerial Accounting for Decision Making, Effective Writing: Business Writing.

Career pathways

Actuarial Science has been rated as the No. 1 career path in the nation by The Wall Street Journal. The Actuarial Science major at Smeal prepares students for careers in insurance, consulting, finance, and government agencies that demand quantitative and qualitative skills.

Official programme page

Application information

Entry requirements

Enrollment in a Smeal College of Business major is contingent upon a series of course requirements, grades, credits earned, and cumulative grade-point average (CGPA), along with an application deadline. These requirements are academic and administrative in nature. Course, CGPA and Administrative Requirements To be eligible for entrance into the Actuarial Science (ACTSC_BS) major, a degree candidate must be in Smeal College pre-major status, satisfy the following course and credit requirements, and have a minimum CGPA listed for entrance.

Undergraduate applications are accepted for Fall, Spring and Summer entry; the application opens August 1 for Fall and Summer and June 1 for Spring.

Early Action: apply by November 1 to receive a decision by December 24. Recommended submission deadline for all applications: December 1. Applicants apply through the MyPennState application or the Common App. A nonrefundable application fee is paid by credit card; fee waivers are available to eligible students.

Apply through the official page: https://admissions.psu.edu/apply/

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