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BachelorRecommended
Bachelor of Actuarial Studies
University of Massachusetts Lowell
- Lowell, United States
- 4 years
- English
- On campus
- Bachelor
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
- 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
- notarized)
- SAT/ACT or the no-test option
- an essay
- one recommendation letter
- English test results unless waived. Show proof of financial support to receive the I-20
- 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
| Campus | Lowell campus |
|---|---|
| Faculty or school | Kennedy College of Sciences |
| Department | Department of Mathematics and Statistics |
| Teaching language | English |
| Credit value | _ |
| Study pace | Fixed |
| Post-study stay | 1 year |
| Scholarship note | First-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.
The next deadline is 1 Dec 2026. Apply early, because some programs close when places fill up.
Tuition is $42,077 USD per year. The application fee is $70 USD. The estimated living cost is $20,150 USD.
Accepted language tests: IELTS 6.5.

