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Bachelor of Arts in Actuarial Science (STEM)

University of Wisconsin - Milwaukee

USA,Wisconsin

0 Shortlist

48 Months

Duration

CAD 20,772/year

Tuition Fee

CAD 50 FREE

Application Fee

Sep 2025

Apply Date

USA, Wisconsin

Type: University

Location Type: Urban

Founded: 1956

Total Students: 25,000 +

Int. Students: 1,300 +

Campus Detail

Main Campus Address

Milwaukee, WI 53211, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Bachelor of Arts in Actuarial Science (STEM)

Program Overview

Actuarial science is the quantitative analysis of risk. In addition to mathematics and statistics courses, students in actuarial science take classes in finance, economics, and computer programming.

What Do Actuaries Do?
Actuaries help individuals, businesses and society manage risk by evaluating the likelihood of future events and creating plans to reduce the negative financial or emotional impact of undesirable events. Some of the questions that actuaries address on a daily basis include:

What price best balances an insurance company’s risk tolerance with various risk parameters such as age of the insured, health status, place of residence, and other risk characteristics?
What would be the economic loss in the event of a flood, and how can these costs be covered?
How large a fund is needed for a company to provide pensions for its employees?
How likely is it for someone to be hospitalized? What is the average duration of a hospital stay, and how can the costs associated with each day of hospitalization be provided for?
In the event of a merger, how can the employee benefits plans of the different organizations be reconciled?
How should an investment portfolio be balanced to maximize return and minimize risk?
Actuaries also must take this information and convey it to their companies and customers clearly and concisely through written reports, graphs, charts, or other visual or oral presentation formats.

Detailed Program Facts

Program Level

4-Year Bachelor's Degree

Application Processing Days

21 Days

Program Intensity

Full-Time

Duration of Program

48 Months

Program Intakes

Intake Month/Year		Intake Status
jan 2024		Closed
jan 2025		Closed
sep 2024		Closed
sep 2025		Open

Application Fee

Application Fee: CAD 50 FREE

Tuition Fee

CAD 20,772 per year

*Note: The fee is approximate and is subject to change

Living Cost in University of Wisconsin - Milwaukee

CAD 12,000 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.5
TOEFL
- Minimum Overall Score - 79
SAT
- Minimum Overall Score - 1,180.0
PTE
- Minimum Overall Score - 56.0
DUOLINGO
- Minimum Overall Score - 120.0

Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.

Minimum CGPA Required: 60.00 %

Additional Information

Scholarships

UWM has a scholarship program for newly admitted international undergraduate students. Scholarship award decisions are based on academic merit and the diversity of the candidate (i.e. how the candidate contributes to the diversity of UWM). Undergraduate students are considered for this scholarship upon admission; no separate application is required.
Funding for graduate students is awarded directly from the academic program. Contact your Graduate Representative for more information on funding available for your program.
Upto $ 6000

Work Permit

PGWP

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.