Actuarial Science Major
Why pursue a degree in actuarial science? A career in this field is hard to beat and highly desirable.
Actuaries are business professionals who analyze the financial consequences of risk. Organizations, such as CNN Money, consistently rate being an actuary as one of the best jobs in America, based upon categories such as work environment, employment outlook, job security, growth opportunity, and salary—especially salary.
Becoming an Actuary
To become an actuary, an individual must pass a series of examinations to earn the actuarial designation. A degree in actuarial science prepares students for the first two exams, which when passed, starts the student on the path to becoming an actuary.
By earning a Bachelor of Arts in Actuarial Science, graduates are prepared for professional careers in the insurance, consulting, and banking industries.
High School Preparation
High school coursework that will support a student in his or her pursuit of an actuarial science degree includes experience in Calculus, Statistics, and Economics.
Enhance Your Experience
Students who major in actuarial science oftentimes pursue a double major or minor in international business, finance, or accounting.
Tuition, Room, Board, and Fees
Saint Mary’s University of Minnesota is committed to making college accessible and affordable.
We strive to keep tuition and fees as low as possible while delivering an excellent private education. Approximately 99 percent of all undergraduates receive some form of financial aid.
2019-20 Tuition & Fees
Activity fee: $170
Technology fee: $370
Laundry fee: $80
* Additional tuition for 3+2 PA Program $3,550
** Additional fee for the following residences:
Village Apts., Gilmore Creek Hall $200
Bishops Hall, Brother William Hall, Hillside Hall, La Salle Hall, and Brother Leopold Hall Doubles $400
Brother Leopold Hall Singles and All Apts. $600
Additional Fees (if applicable)
Per credit instruction $1,200
Per credit audit $600
Foreign study fee:
All others $650
Commencement fee $190 (2019-2020 graduates)
Late registration (per class) $50 (after add/drop period)
N.S.F./Returned check or A.C.H. $20
New students who have been admitted are asked to confirm their attendance by sending a $300 non-refundable deposit to the university. Returning students must pay a $250 housing deposit prior to housing registration. This deposit is credited to the student's account.
Fall Application Timelines
International students are encouraged to apply by July 1st of each calendar year for the Fall semester. We offer plenty of scholarships and financial awards available for international first-time freshmen and transfer students at Saint Mary's University of Minnesota.
Students who submit and complete their admission file by July 1st will be reviewed and receive an admission decision 1-2 weeks after submitting their admission file.