Bachelor of Science in Actuarial Science
at Iowa State University, Ames

3.8 /5

(19 Reviews)

Shiksha popularity ranking

#59 in Mathematics in USA

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Bachelor of Science in Actuarial Science
at
Iowa State University
Overview

Iowa State University has been pioneering Bachelor of Science in Actuarial Science at UG level. The program has a duration of 4 years. This particular course is directed towards individuals who seek a higher level of the educational cycle. The program is considered one of the best in the country, which is responsible for the program's excellent quality and honoring. As set forth by the Shiksha Popularity Ranking 2025, university's Bachelor of Science in Actuarial Science stands tall at #73.

For the course, applicants must satisfy evaluation based on eligibility criteria among which entrance scores obtained in tests such as IELTS, TOEFL and PTE are imperative for attaining admission.

The Iowa State University tuition fees for the first year to pursue this course is USD 27,683. Added should be living expenditures, rent, hostel fees, boards, books and supplies, utilities, or any other expense for the course. This complete budgeting plan ensures that the students go through their college life hassle-free.

Duration	4 years
Tuition & Fees	₹24.56 Lakh Get Fees details
International Students Admission Website	Go to Website
Official Career Service Website	Go to Website
Course Level	UG Degree

Bachelor of Science in Actuarial Science

Table of content

Overview
Fees
Entry Requirements
Application Process
Rankings
Placements
Highlights
Scholarships

Bachelor of Science in Actuarial Science
at
Iowa State University
Fees

Iowa State University Bachelor of Science in Actuarial Science fee structure includes first-year tuition fee that all the students have to pay. Apart from the tuition fee, the students also have to spend money on stay, food and other utilities, which comprises cost of living, which is USD 9,726. The total expense may vary, depending on the additional charges provided by the Iowa State University. The total first-year tuition fees of Bachelor of Science in Actuarial Science is USD 27,683.

To know more about Iowa State University Bachelor of Science in Actuarial Science fee breakup, check out the table below:

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 24,56,313

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 8,62,988
Insurance	INR 1,83,139

Calculated at the exchange rate of 1 USD = INR 88.73 | Tuition & expenses were last updated on 3ʳᵈ March 2025

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Bachelor of Science in Actuarial Science
at
Iowa State University
Entry Requirements

Requirements for 12th grade Lock Icon

CGPA - 3/4
Applicants must have passed the high school

A minimum equivalent GPA of B or 3.0 on a 4.0 scale:
General Scale: 50%

India School Certificate: 6 on a scale of 1-9

CBSE/CCE: B2 on a scale of A1 to E2

National Institute for Open Schooling SSSE: 61 out of 100, D on a scale of A – I, or Good

In addition to the requirement above, students must meet the following minimum high school course requirements:
4 years of native language

3 years of mathematics (including beginning algebra, geometry and advanced algebra)

3 years of science (including 2 years of courses which emphasize elements of biology, chemistry, or physics)

2 years of social studies

Applicants to majors in the LAS and Engineering colleges must have 2 years of a single foreign language (English may be used if it is not the native language)

Student can apply with different backgrounds. If student has accounting, can be used as alternate for Mathematics
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Convert your Percentage to GPA

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GPA

Percentage

CGPA

Percentage

TOEFL

Marks - 71/120
NA
Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL

PTE

No specific cutoff mentioned

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Convert your Percentage to GPA

Calculate your score and check your eligibility at over 2000+ universities.

GPA

Percentage

CGPA

Percentage

IELTS

Marks - 6/9
not less than 5.5

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
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Duolingo

Marks - 100/160
Take Duolingo English Test from your home, in just 1 hour and get results in 2 days. 70% cheaper than other English Tests. Register now for Duolingo
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Other eligibility criteria Lock Icon

An admission decision may be made based on transcripts for the 3 years before the final year of high school along with other required supporting documents Applicants should achieve the Higher Secondary Certificate, or its equivalent, and submit complete final official transcripts confirming completion of high school along with Board Exam results for X and XII before being allowed to enroll at ISU

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Conditional Offer Lock Icon

Not mentioned

Which exams out of the above do I need to give?

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Bachelor of Science in Actuarial Science
at
Iowa State University
Application Process

Step one

Additional documents required

Academic records
- Certified English translations (if academic records are not in English)
Proof of English proficiency Proficiency
Copy of passport
Bank statement or sponsor letter showing $40,500 USD, equivalent to one year’s expenses

Step two

Start your online application

http://www.admissions.iastate.edu/intl/index.php

Step three

Application fees for this course

USD 50 = INR 4.44 Thousand

Mode of payment: Credit card

The university offers a Monthly Payment Plan for the Fall/Spring academic year
Students need to pay 50$ enrollment fee
Enrollment for the Monthly Payment Plan is open mid-March through mid-July and is established in AccessPlus:

Bachelor of Science in Actuarial Science
at
Iowa State University
Rankings

University Ranking

Rank	Rank Publisher
#449	World University QS, 2026
#121	National University US News & World Report, 2025
#401	University THE (Times Higher Education), 2025

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Bachelor of Science in Actuarial Science
at
Iowa State University
Placements

Particulars

Statistics (2021)

Internship Available

Yes,

Students can participate in an internship as early as their first or second summer in college Internships often provide an opportunity to confirm that your major is perfect for them Students will gain real-world experience where they can apply their classroom learning and skills in the workplace. After an internship, they will be better prepared for the global world of business

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Iowa State University
Students Ratings & Reviews

3.8/5

19 Verified Reviews Info Icon

Vibe of Campus

Academically oriented
Multi-dimensional
Friendly
Sporty

Student Views

21% students never faced discrimination in this university

Internships3.6

Part time work3.7

Post study jobs3.8

Quality of faculty4.2

Student Life4.2

Value for money3.7

Public transportation4.3

Safety4.1

Indian Food3

Permanent Immigration3.5

Anonymous

Master of Business Administration - Batch of 2026

Offered by Iowa State University

3.9

Do not come to this university if you have no scholarship.

Tips: This place has been pretty transformative, personally speaking, but I would not recommend coming here without an adequate scholarship. Moreover, there are no more job prospects for international students or immigrants here, so you ought to plan according. Professors reward participation and take their feedback seriously, as this will help you in the long run. Once you graduate, the college has little to no further involvement, so you will have to fend for yourself.

Reviewed on 29 May 2025Read more

Ridhima

M.A. in political science - Batch of 2025

Offered by Iowa State University

3.9

Iowa State University is an underrated yet good place to plan for your higher studies.

Tips: Iowa State University is an underrated yet good place to plan for your higher studies. The lifestyle is calmer and more slow-paced than other colleges, and you can also expect to be a little on the outskirts of the city, but I feel this adds to the charm of the place. Living is quite affordable, and the faculty is very passionate and helpful. I feel I have made the right choice.

Reviewed on 29 May 2025Read more

Anonymous

Bachelor of Science in Psychology - Batch of 2026

Offered by Iowa State University

3.6

Friendly and welcoming people.

Tips: I would tell anyone planning on pursuing their education here to come with an open mind. Iowa State is pretty unconventional in a lot of ways, but studying here has its benefits as well. Even though society is more individualistic here, there are plenty of student communities. The admission process is very straightforward, and if you have a few good letters of recommendation and good test scores, you can try applying for scholarships if needed.

Reviewed on 29 May 2025Read more

Netaji meka Verified Icon

MS in Information Systems - Batch of 2020

Offered by Iowa State University

A culturally enriching and academically rewarding experience.

Tips: Transitioning here was an enriching experience. There was definitely a cultural shift in terms of academic expectations, communication style, and lifestyle, but the university provided support through orientation programs and peer mentoring. Over time, I adapted and grew more confident in this multicultural setting. I did receive a partial merit-based scholarship, which was awarded based on my academic records and statement of purpose. It helped reduce my tuition fee significantly and made my education more affordable.

Likes (Part time work): The university offers a vibrant, energetic atmosphere filled with learning, interaction, and personal growth opportunities. My day typically involves attending classes, collaborating on group projects, spending time in the library or labs, and participating in club activities. What I enjoy most is the freedom to explore my interests outside academics. The campus regularly hosts cultural festivals, guest lectures, tech expos, sports events, and hackathons. I often participate in these events as they are great for networking and learning new skills. There are various student-run communities like coding clubs, robotics teams, cultural associations, and language exchange groups, which create a strong sense of belonging and help build meaningful connections.

Dislikes (Quality of faculty): The professors here are not only subject matter experts but also genuinely invested in student success. They are approachable, responsive, and always open to one-on-one discussions or guidance outside of lectures. A unique aspect of the teaching methodology is the integration of theory with practical applications, such as industry-relevant projects, case studies, and collaborative assignments. This hands-on approach makes learning more effective and engaging. Additionally, the faculty team is quite diverse, comprising professionals from different nationalities and academic backgrounds, which brings a wide range of insights and global perspectives into the classroom.

Reviewed on 29 Apr 2025Read more

Anonymous

MS in Statistics - Batch of 2025

Offered by Iowa State University

3.7

It is difficult to find part-time jobs especially for international students.

Tips: I had to learn to fend for myself after coming here, which is expected from most, but I would advise you to double-check all your essentials, especially when it comes to utilities and dedication, as you would be in a bind if you try to rely on healthcare while in college.

Dislikes (Part time work): Part-time jobs are difficult for international students as a whole because of all the restrictions placed with regard to permits and legality. There used to be more openings up until a few years ago, which have closed down. You can possibly help out on campus.

Reviewed on 29 May 2025Read more

View All 19 Reviews

Bachelor of Science in Actuarial Science
at
Iowa State University
Highlights

Actuarial science is the discipline that applies financial, mathematical, and statistical methods to analyze risks in a company or organization
The actuarial science program provides a background in probability, statistics, finance, and actuarial mathematics to enable students to pass the 5 preliminary exams offered by the Society of Actuaries and Casualty Society of America
Areas of study in the field of actuarial science include interest theory, theory of probability, financial futures and options, loss models, credibility theory, and mathematics of life contingencies
The instructional objective of the Actuarial Science program is to provide a well-rounded professional business education in actuarial science