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QS Rank:

verified

470

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Iowa State University

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Iowa

United States

The Bachelor of Science in Actuarial Science program at Iowa State University, offered through the Department of Finance in the Ivy College of Business, provides students with a comprehensive business education. The curriculum focuses on probability, statistics, finance, and actuarial mathematics, preparing students for careers in actuarial science and for the preliminary actuarial exams offered by the Society of Actuaries and the Casualty Actuarial Society.
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Total Tuition Fees

$1,18,550

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Duration

48 Months

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Median Salary

$55,000

Ranking

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#127

US World and News Report

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#470

QS World University Rankings

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Fall ( Sept - Nov )

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Spring ( Apr - June )

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Summer ( July - Sept )

Class Profile

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Class Size

150

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Average Age

22

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Average Work Experience

0 Years

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Full-Time Enrollment

4,588 Undergrads

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Admission Policy

GPA: Require; Rank: Consider if Submitted; Prep Courses: Require; Recommendations: Consider if Submitted

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International Students

3.37

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Rentention Rate

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87.6

Career Outcomes

Graduates of the Actuarial Science program are well-prepared for careers in risk management, financial analysis, and actuarial roles, leveraging their strong foundation in probability, statistics, and finance. The program's focus on preparing for professional exams ensures graduates are ready for immediate entry into the field.
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Median Earnings After Graduation

$55,000 / year

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Graduation Rate

76%

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Job Placement

95%

Prospective Job Roles

Financial Analyst

Risk Analyst

Data Scientist

Underwriter

Actuary

Top recruiters

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Eligibility Criteria

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At least 3.0 / 4.0 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    71

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  • IELTS

    6

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  • Duolingo

    105

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  • PTE

    48

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Standardised Test Score

  • ACT

    19

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  • SAT

    460

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 55

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    Transcript

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    English Proficiency Test

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    Academic LOR

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    Resume

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    General LOR

Application Deadlines

Acceptance DeadlineRolling Admissions
FallMay 1, 2027N/A
SpringNov 15, 2026N/A
SummerN/AN/A

Fees and Funding

Tuition and fees are for the 2025-2026 academic year. Cost of living includes estimated room & board, books & supplies, and other expenses.
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Tuition Fees

$28,578 / year

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Overall Cost

$42,285 / year

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Average Total Aid Awarded

$15,798 / year

Funding Options

Scholarship

Merit Scholarship

Average aid awarded: $15,798. 45% of students receive financial aid. 78% of financial need met

Scholarships

International First-Year Student Scholarship - Automatic consideration for students with a cumulative GPA of at least 2.50 on a 4.0 scale at the time of acceptance.; International Transfer Student Scholarship - Automatic consideration for students with a cumulative GPA of at least 3.0 on a 4.0 scale at the time of acceptance.; Academic Achievement and Leadership Potential Scholarships - Available based on academic achievement, leadership potential, and other factors, with no separate application typically required.
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    International First-Year Student Scholarship

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    International Transfer Student Scholarship

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    Academic Achievement and Leadership Potential Scholarships

FAQs

  • A student can complete Actuarial Science at Iowa State University with in 48.
  • The application fee to pursue Actuarial Science at Iowa State University is USD 50 for international students.
  • The annual tuition fee to pursue Actuarial Science at Iowa State University is USD 41429.
  • The submission of these scores mainly depends on the type of degree/ course selected at the Iowa State University. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Iowa State University requirements before submitting a score.
  • Actuarial Science can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of Iowa State University, they can easily pursue Actuarial Science. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at Iowa State University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Iowa State University website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at Iowa State University by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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