Bachelor in Actuarial Science (Bachelor's)

At McDaniel College, tuition is Tuition for the 2024-2025 academic year is $39,600 per year..

Students in this programme engage in coursework focused on probability, financial mathematics, and insurance pricing and analysis. They complete a capstone project and gain practical experience through internships and research opportunities. The programme integrates mathematics, economics, and business administration to prepare students for risk assessment roles. Graduates are equipped to pursue professional actuarial certifications and work in financial risk management.

Focus areas include Probability, Financial Mathematics, Insurance Pricing, Risk Assessment, Corporate Finance, Actuarial Exams.

The programme requires 120 credits, including core courses in mathematics, economics, and business administration. Students complete a capstone project and must fulfill experiential learning requirements through internships or research.

Graduates enter roles such as actuary, systems analyst, mathematician, and statistician in industries including insurance, investment banking, government agencies, and technology firms.

Applicants must have a high school diploma or equivalent. A minimum GPA of 2.5 is required. Submission of official transcripts and standardized test scores is expected.

The programme totals about 120 credit hours. On-campus, full-time, four-year programme. For international students, tuition is well above the median for US programmes. The institution admits about 84% of applicants.

McDaniel College builds undergraduate education around exploration and customization. A major begins the conversation rather than determining every course a student takes, allowing students to combine subjects, follow new interests, and add majors, minors, specializations, certificates, or graduate study options. The McDaniel Commitment connects students with mentors who help shape a personalized educational path, while the McDaniel Plan provides a framework for choosing what and how to learn. Average class size is 15, supporting close student-professor relationships. The college has 2,996 undergraduate and graduate students.

Research is available across every department through student-faculty collaborations. Each year, students work with professors on more than 300 research projects, with opportunities to become co-authors on journal articles and present at national and international conferences. Professional preparation is another central part of the experience. Most students complete at least one internship, supported by the Center for Experience and Opportunity and internship fairs connected to fields of study and future vocations. Students can build professional networks and apply classroom learning in workplace settings. The campus, known as the Hill, is compact: walking from the Gill Center at its top to Ward Memorial Arch at its southern tip takes 13 minutes. International students should expect a community that offers mentoring, flexible academic choices, undergraduate research, internship access, and a campus setting in Westminster, Maryland.