About Actuarial Science in Purdue University
An actuary is a business person who uses mathematical and statistical tools to evaluate future risk and contingent events. Purdue's Actuarial Science Program is an interdisciplinary program jointly administered by the Department of Mathematics and the Department of Statistics.
Upon graduation, students receive an Actuarial Science degree as well as a Statistics degree. Most students also choose a Business Management minor. Becoming an actuary requires passing a series of professional exams set by the Society of Actuaries and the Casualty Actuarial Society. Students will be prepared for the first five exams and take the exams while still in college. Most students are recruited to careers as actuaries immediately after college working in banking, insurance, government agencies and financial services.
Academic qualification equivalents
- Applicants must have passed high school from the Higher Secondary Certificate (HSC)/Indian School Certificate (ISC)
English language requirements
Purdue University Highlights
Year of Establishment |
1869 |
Location |
West Lafayette, Indiana, USA |
Type of University |
Public |
G.P.A required |
3.5-3.9 |
Number of Undergraduate Programs |
200 |
Number of Graduate Programs |
29 |
Number of Doctorate Program |
7 |
Number of Students |
40,000+ |
Number of International Students |
9,000+ |
Campus Housing |
Available |
Number of Campuses |
6 |
Average Annual Tuition and Fees (International) |
30,794 |
Financial Aid |
Scholarships, Work study |
Purdue University Cost of Attendance
Before applying for admission, you should have a rough idea of how much you'll have to spend. The cost of living in the United States for an academic year at a university is as follows.
Tuition Fee
The tuition charge for the institute's various programmes varies depending on their degree and duration. However, the following is an estimate of the fee and room allocation for students:-
Expenses |
Amount (USD) |
Tuition fees |
30,794 |
Room/Board |
10,030 |
Subtotal |
40,824 |
Other Expenses
Other expenses apart from tuition fee to be considered while applying for admission
Books/Supplies |
1,000 |
Transportation |
2,260 |
Miscellaneous |
1,150 |
Subtotal |
4,770 |
Estimated total |
45,594 |