Important Application Dates

All application materials must be received by the dates below.

Enrollment Period Fall Semester Spring Semester
Domestic Applicants June 1 November 1
International Applicants May 1 October 1
Priority Deadline* April 15 September 15

*These applicants receive special consideration.

Eligibility Requirements for the Capstone Program

If you meet the following eligibility requirements, we encourage you to apply.

Bachelor’s Degree: The Capstone Certificate in Actuarial Science is a post-baccalaureate program designed for students with an undergraduate degree in a discipline other than actuarial science. Three-year and four-year bachelor's degrees are both acceptable.

GPA: 2.0

Prerequisite coursework: All students must show a strong math background. Students who have performed well in a semester-long mathematical probability course, or have passed Exam P/1 for SOA/CAS accreditation can complete the certificate in two semesters. Otherwise, students must take mathematical probability during their first semester and, as a result, complete the certificate in three semesters.

Capstone Certificate Application Guidelines

To apply, please submit an online application form and the supporting application documents detailed below.

Online application for admission: Apply as a UW–Madison Special Student, and select “UNCS Capstone Certificate,” and the program “Actuarial Science.”

Your application documents must include the following:

  • Resume
  • Transcripts from all universities you have attended
  • A personal statement describing your interest in actuarial science, your future plans after completing the program, and how the program will help you reach your goals.

Additional Notes:

  • You may also provide up to two letters of recommendation. While not required, they may provide insight about your qualifications that are not apparent from a resume or transcript.
  • We prefer that candidates submit all application materials together as a single submission, not separately.
  • Since this is not a graduate degree program, the GMAT or GRE are not required for admission.

If you are unable to submit your application materials electronically via the online application portal, send them via regular mail to:

Wisconsin School of Business
Attn: Capstone Actuarial Certificate
Risk and Insurance Department
5252 Grainger Hall
975 University Ave.
Madison, WI 53706-1324

Enrollment Information

Once you are admitted, you will receive a formal letter of admission to UW–Madison from Adult Career and Special Student Services, along with enrollment instructions and information about tuition and deadlines. The Capstone Certificate coordinator in the Wisconsin School of Business also will send specific information pertaining to enrollment in and completion of the Capstone program.

Capstone Certificate Program Costs

The amounts shown below include costs for the entire program, assuming normal time to completion. This information may be subject to change.

Tuition, Fees and Expenses
Tuition and fees $10,503 (in-state)
$22,163 (out-of-state)
Books and supplies $900
Room and Board $8,871

Tuition and fees are set annually by the Board of Regents of the University of Wisconsin System; increases may vary from year to year.

Gainful Employment Act Disclosure

These details are required by the U.S. Department of Education.

Additional Information for International Students

Language Proficiency and TOEFL Requirements

To be successful in this program, students from non-English-speaking countries must be able to communicate quickly and clearly in spoken and written English, and be able to read it with ease.

All applicants whose first language is not English must submit an official Test of English as a Foreign Language (TOEFL) score from a test administered within two years of the date of enrollment (more or less, September 1 of the academic year of entry). The Wisconsin School of Business will accept International English Language Testing System (IELTS) or Pearson Test of English results as a substitute for the TOEFL.

Individuals who have completed a bachelor's degree in a country where the official language is English are not required to submit TOEFL scores. Individuals who will complete such a degree by June prior to enrollment are also exempt. Check the box requesting a waiver of the TOEFL requirement on the online application only if you meet one of these two conditions. A master's degree alone from an English-speaking institution does not qualify for a waiver of the TOEFL.

Individuals from countries where English is spoken, though not the primary official language, or who attended a bachelor's program where some but not all courses are provided in English, must submit a valid TOEFL score.

Applicants who take the internet-based TOEFL (iBT) generally should have a minimum total score of 106. For a competitive application, it is recommended that component scores be at least the following:

  • Reading: 26
  • Listening: 26
  • Speaking: 27
  • Writing: 27

The recommended minimum for a competitive application using the paper-based TOEFL (PBT) is a total score of 620.

Visa Information

If you are enrolled as a full-time international student, you are eligible to apply for a visa to study in Wisconsin for the Capstone Certificate in Actuarial Science.