What eligibility do I need for studying actuarial science abroad at bachelor's or master's level?
For a bachelor's in actuarial science abroad, you typically need high school math or commerce, around 60% aggregate with 70% in math, and IELTS 6 or TOEFL 80. For a master's, you typically need a related bachelor's degree with a minimum 3.0 GPA and IELTS 6.5 or TOEFL 85.
Requirements differ by level, and the figures below are typical rather than fixed. At bachelor's level you typically need a math or commerce high school background, while at master's level a bachelor's degree in a related field such as math or statistics is expected.
Eligibility by Level
| Requirement | Bachelor's | Master's |
|---|---|---|
| Academic background | High school certificate majoring in math stream or commerce | Bachelor's degree in a related field (math or statistics); an actuarial science major is not compulsory |
| Minimum marks | Typically 60% aggregate in high school, with 70% in math | Typically a minimum 3.0 GPA |
| English test | Typically IELTS 6 or TOEFL 80 | Typically IELTS 6.5 or TOEFL 85 |
| Documents | All high school transcripts or financial certifications, and a letter of recommendation | As required by the university |
Other Study Options
- You can also pursue a Ph.D. or certification courses in actuarial science.
- A Ph.D. can cover topics such as Actuarial Risk Management, Applied Stochastic Processes, Life Insurance Mathematics, Data Science and Mathematical Statistics.
My Advice
Check your marks and math background first, then compare them with the specific university's requirements. Cutoffs vary by university, so confirm scores and GPA on each official admissions page before you apply.
Low percentage, study gap or no work experience?
Find out which universities you still qualify for.
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