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Study actuarial mathematics abroad
An in-depth guide to studying actuarial mathematics as an international student.
Actuarial mathematics degrees abroad
Actuarial mathematics students learn how to assess financial risk and uncertainty by applying mathematical methods and techniques.
Alongside sharpening your skills in statistics and probability, you’ll develop a sound understanding of risk theory, microeconomics, and macroeconomics. Upon graduating, you’ll be ready to begin a fast-paced and successful career in areas like banking, insurance, and financial management.
Taking your degree overseas is an invaluable opportunity to learn about financial and insurance markets around the world. You’ll network with international professionals, boost your employability, and make lifelong friends.
Actuarial mathematics program structure
Bachelor’s degrees in actuarial mathematics require at least three years of study. However, most programs give you the opportunity to spend a year on placement, taking your overall course length to four years. Industry placements are an unbeatable way to build your professional skills and apply what you’ve learned so far.
If you opt to study in the US, your undergraduate degree will last for a minimum of four years. Before selecting a major in actuarial mathematics at the end of your second year, you’ll take a mixture of liberal arts classes.
It’s possible to take your education further and pursue a postgraduate qualification. Master’s degrees take one or two years to finish, while PhDs add another four to six years to your studies.
Programs combine theoretical lectures, seminars, and tutorials with practical problem classes, computer labs, and workshops. Assessment methods vary between modules, but formal exams, in-class tests, and project work will feature.
The topics covered on actuarial mathematics programs differ from university to university, but most institutions deliver classes in these fundamentals:
- Financial accounting and reporting
- Introduction to microeconomics
- Introduction to macroeconomics
- Survival and risk theory
- Statistics of insurance
- Probability and statistics
- Financial modeling
- Economics for management
Alternative mathematics degrees
Best universities to study actuarial mathematics
How to study actuarial mathematics abroad
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Actuarial mathematics study abroad programs
Actuarial mathematics undergraduate programs
Bachelor's in actuarial mathematics
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Applied Mathematics - BSc Texas State University, USA
- Program type
- Bachelor's
- Duration
- 4 years
- Annual tuition fee
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18,929 USD
Fee in university's local currency 18,929 USD
- Start date
- January, August
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Applied Mathematics - Actuarial Science - BSc Auburn University, USA
- Program type
- Bachelor's
- Duration
- 4 years
- Annual tuition fee
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32,220 USD
Fee in university's local currency 32,220 USD
- Start date
- January, May, August
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Primary - general (maths) (KS1/KS2, ages 5-11) - BEd University of Gloucestershire, UK
- Program type
- Bachelor's
- Duration
- 3 years
- Annual tuition fee
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20,049 USD
Fee in university's local currency 14,680 GBP
- Start date
- September
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Education - Secondary Math Education - BSc Nova Southeastern University, USA
- Program type
- Bachelor's
- Duration
- 4 years
- Annual tuition fee
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31,150 USD
Fee in university's local currency 31,150 USD
- Start date
- January, August
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Integrated Math & Science Chemistry - BA William Paterson University, USA
- Program type
- Bachelor's
- Duration
- 4 years
- Annual tuition fee
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21,768 USD
Fee in university's local currency 21,768 USD
- Start date
- January, September
Associate in actuarial mathematics
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Math - AA South Seattle College, USA
- Program type
- Associate
- Duration
- 2 years
- Annual tuition fee
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9,687 USD
Fee in university's local currency 9,687 USD
- Start date
- September, January, April, June
Actuarial mathematics graduate programs
Master's in actuarial mathematics
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Applied Mathematics - MSc University of Maryland, Baltimore County, USA
- Program type
- Master's
- Duration
- 2 years
- Annual tuition fee
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22,896 USD
Fee in university's local currency 22,896 USD
- Start date
- August
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Applied Mathematics - MSc University of Dundee, UK
- Program type
- Master's
- Duration
- 1 year
- Annual tuition fee
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24,789 USD
Fee in university's local currency 18,150 GBP
- Start date
- September
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Applied Mathematics - MSc DePaul University, USA
- Program type
- Master's
- Duration
- 2 years
- Annual tuition fee
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23,520 USD
Fee in university's local currency 23,520 USD
- Start date
- January, March, September
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Mathematics: Applied Math (STEM) - MSc California State University, Long Beach, USA
- Program type
- Master's
- Duration
- 2 years
- Annual tuition fee
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14,604 USD
Fee in university's local currency 14,604 USD
- Start date
- August, January
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Applied Mathematics - Data Analytics - MSc Manhattan College, USA
- Program type
- Master's
- Duration
- 2 years
- Annual tuition fee
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19,620 USD
Fee in university's local currency 19,620 USD
- Start date
- January, August
Doctorate in actuarial mathematics
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Applied Mathematics - PhD University of Maryland, Baltimore County, USA
- Program type
- Doctorate
- Duration
- 3 years
- Annual tuition fee
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22,896 USD
Fee in university's local currency 22,896 USD
- Start date
- August
Future actuarial mathematics careers
A degree in actuarial mathematics opens up a range of exciting and lucrative career opportunities.
Employers across banking, finance, insurance, and business will be eager to invest in your potential. You could apply your numerical, analytical, and problem-solving skills to any of the following professions:
- Actuary
- Financial risk analyst
- Accountant
- Financial consultant
- Insurance underwriter
- Budget analyst
- Internal auditor
- Mathematician
Most universities have career advisors who help to prepare students for professional employment. Drop by the careers office to see how they can support you with work experience, CV writing, and general career navigation.
