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QS Rank:

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69

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University of Illinois at Urbana Champaign

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Illinois

United States

The Bachelor of Science in Liberal Arts and Sciences in Actuarial Science program at the University of Illinois at Urbana-Champaign, sponsored by the Department of Mathematics, is an interdisciplinary program combining mathematics, statistics, and financial economics. The curriculum is designed to prepare students for the actuarial profession and provide a strong background in quantitative finance and risk management.
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Total Tuition Fees

$1,33,376

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Duration

48 Months

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Median Salary

$50,000

Ranking

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#41

US World and News Report

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#48

The World University Rankings

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#69

QS World University Rankings

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Intake

Fall ( Sept - Nov )

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Spring ( Apr - June )

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: Not Used; Prep Courses: Not Used; Recommendations: Not Used

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International Students

13.91

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Rentention Rate

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94.8

Career Outcomes

Graduates of the Actuarial Science program are well-prepared for careers in the actuarial profession, data analysis, quantitative financial analysis, predictive modeling, and risk management, leveraging a strong foundation in mathematics, statistics, and financial economics.
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Median Earnings After Graduation

$50,000 / year

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Graduation Rate

85%

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Job Placement

75%

Prospective Job Roles

Risk Analyst

Data Analyst

Risk Manager

Predictive Modeler

Quantitative Financial Analyst

Actuarial Science Professional

Top recruiters

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Eligibility Criteria

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At least 3.75 / 4.0 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    79

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  • IELTS

    6.5

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  • Duolingo

    130

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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: 50

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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

Transfer PriorityTransfer Application
FallFeb 15, 2027N/A
SpringN/AOct 20, 2026

Fees and Funding

Tuition figures are estimated for 2025-2026. Non-resident and international undergraduate tuition is projected to increase by 7% to 14.5% for Fall 2026. The cost of living estimate includes room & board, books & supplies, and other expenses for non-resident/international students.
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Tuition Fees

$33,344 / year

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Overall Cost

$52,228 / year

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Average Total Aid Awarded

$23,526 / year

Funding Options

Scholarship

Merit Scholarship

Average aid awarded: $23,526. 43% of students receive financial aid. 77% of financial need met

Scholarships

General Financial Aid (USD 17,924) - More than 68% of all resident undergraduate students across the U of I System receive some form of financial aid. Over 51% pay less than $3,000 per semester for tuition and mandatory fees. The average financial aid amount covers 44.70% of the full tuition.
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    General Financial Aid

FAQs

  • A student can complete Actuarial Science at University of Illinois at Urbana-Champaign with in 48.
  • The application fee to pursue Actuarial Science at University of Illinois at Urbana-Champaign is USD 75 for international students.
  • The annual tuition fee to pursue Actuarial Science at University of Illinois at Urbana-Champaign is USD 36018.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Illinois at Urbana-Champaign. 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 University of Illinois at Urbana-Champaign 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 University of Illinois at Urbana-Champaign, 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 University of Illinois at Urbana-Champaign can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Illinois at Urbana-Champaign website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Illinois at Urbana-Champaign 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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