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Bachelor of Actuarial Studies

University of Massachusetts Lowell

  • Lowell, United States
  • 4 years
  • English
  • On campus
  • Bachelor

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University of Massachusetts Lowell campus

About the program

Honours degree built on mathematics, Statistics and financial theory for risk, Insurance and investment work, Dual award with University of Essex and accredited by SOA, IFoA and CAS.

Program highlights

  • Internship available: yes
  • Placement support: yes
  • Work during study: yes
  • Post-study work rights (1 year): yes
  • PR pathway friendly: no

What you will learn

  • Develop knowledge of Actuarial Studies and apply discipline-specific knowledge
  • Critical thinking
  • and professional communication to academic or practical tasks. Evaluate relevant information and communicate findings effectively.

Career outcomes

  • Actuarial Analyst
  • Accountants
  • Auditors
  • Budget Analyst
  • Economist
  • Mathematician
  • Statistician
  • Personal Financial Advisor
  • Forensic Accountant
  • Chartered Accountant

Curriculum

  • Year 1: Programming
  • Microeconomics
  • Calculus
  • Probability Theory
  • Mathematics of Finance
  • Advanced Calculus
  • Mathematical Statistics
  • Introduction to Accounting. Year 2: Life Contingencies I
  • Applied Statistical Methods
  • Introduction to Finance
  • Life Contingencies II
  • Corporate Finance
  • Fundamentals of Linear Algebra
  • Macroeconomics
  • Internship. Year 3: Simulation and Credibility Theory
  • Survival Models
  • Derivatives
  • Stochastic Calculus for Financial Economics
  • Stochastic Processes
  • Risk Theory
  • Project
  • Insurance Practices and Takaful.

Entry requirements

Academic

  • Secondary school records including leaving-exam results sent by the school or Ministry
  • SAT/ACT or the no-test option
  • an essay and one recommendation letter
  • transfer applicants need official transcripts with a WES course-by-course evaluation. English test unless waived.

Accepted academic background

Secondary school records incl. leaving exams (sent by school/Ministry), SAT/ACT or no-test option, essay, one letter of recommendation; transfer: official transcripts with WES course-by-course evaluation

Language tests

  • IELTS 6.5

Documents you’ll need

  • Secondary School Transcripts
  • Personal Essay
  • Recommendation Letter

How to apply

  1. Check the entry requirements and deadlines. Apply with the UMass Lowell Application or the Common Application and pay the 70 USD fee. Send official secondary school records including leaving-exam results from the school or Ministry (translated
  2. notarized)
  3. SAT/ACT or the no-test option
  4. an essay
  5. one recommendation letter
  6. English test results unless waived. Show proof of financial support to receive the I-20
  7. then apply for the F-1 visa. The ISSO gives visa guidance.

Other costs

Tuition per year$42,077 USD
Application fee$70 USD
Deposit_

Program details

CampusLowell campus
Faculty or schoolKennedy College of Sciences
DepartmentDepartment of Mathematics and Statistics
Teaching languageEnglish
Credit value_
Study paceFixed
Post-study stay1 year
Scholarship noteFirst-time first-year international undergraduate applicants may qualify for merit scholarships; amounts and eligibility are determined through admission review.

Intakes and deadlines

  • Program starts

    January 2027

    Apply by

    1 Dec 2026

    17 days left

Frequently asked questions

  • The program takes 4 years.