Best Actuarial Science colleges in the U.S. 2024
Actuaries work mainly in the insurance industry however, there are positions in private corporations, banks, labor unions, colleges and universities, and with government. An actuary evaluates financial consequences of future events, such as natural disasters, with an emphasis on ensuring cost reduction and damage control when faced with unfavorable financial outcomes. Students must complete internships and pass more than 15 hours of preliminary exams proctored by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA) to gain entry-level employment. (Actuarial employers usually require that individuals have passed at least two of the exams.) Insurance, risk management, calculus, derivative securities, simulation, and probability are the exam topics.
A bachelor's degree is the typical degree choice for this career; most students do not pursue graduate studies. Students will learn how to evaluate the likelihood of future events by using numbers, designing creative ways to reduce the likelihood of undesirable events, and decreasing the impact of undesirable events that do occur. Coursework will be in finance, micro and macroeconomics, computer science, technical writing, political science, calculus, and statistics. The median annual wage for actuarial scientists in May 2010 was $87,650.
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University of Pennsylvania offers 2 Actuarial Science degree programs. It's a very large, private not-for-profit, four-year university in a large city. In 2022, 2 Actuarial Science students graduated with students earning 2 Bachelor's degrees.
University of Georgia offers 1 Actuarial Science degree programs. It's a very large, public, four-year university in a midsize city. In 2022, 38 Actuarial Science students graduated with students earning 38 Certificates.
Bentley University offers 1 Actuarial Science degree programs. It's a medium sized, private not-for-profit, four-year university in a small city. In 2022, 33 Actuarial Science students graduated with students earning 33 Bachelor's degrees.
University of California-Berkeley offers 1 Actuarial Science degree programs. It's a very large, public, four-year university in a midsize city.
The University of Texas at Austin offers 1 Actuarial Science degree programs. It's a very large, public, four-year university in a large city. In 2022, 61 Actuarial Science students graduated with students earning 61 Certificates.
University of California-Los Angeles offers 1 Actuarial Science degree programs. It's a very large, public, four-year university in a large city. In 2022, 43 Actuarial Science students graduated with students earning 43 Master's degrees.
New York University offers 1 Actuarial Science degree programs. It's a very large, private not-for-profit, four-year university in a large city. In 2022, 5 Actuarial Science students graduated with students earning 5 Bachelor's degrees.
University of Illinois Urbana-Champaign offers 2 Actuarial Science degree programs. It's a very large, public, four-year university in a small city. In 2022, 100 Actuarial Science students graduated with students earning 84 Bachelor's degrees, and 16 Master's degrees.
Florida State University offers 1 Actuarial Science degree programs. It's a very large, public, four-year university in a midsize city. In 2022, 49 Actuarial Science students graduated with students earning 49 Bachelor's degrees.
University of Connecticut offers 3 Actuarial Science degree programs. It's a very large, public, four-year university in a large suburb. In 2022, 73 Actuarial Science students graduated with students earning 73 Bachelor's degrees.
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List of all Actuarial Science colleges in the U.S.
| School | Average Tuition | Student Teacher Ratio | Enrolled Students | |
|---|---|---|---|---|
|
University of Pennsylvania Philadelphia, PA | 20 : 1 | 28,201 | |
|
University of Georgia Athens, GA | 19 : 1 | 40,607 | |
|
Bentley University Waltham, MA | 19 : 1 | 5,165 | |
|
University of California-Berkeley Berkeley, CA | 24 : 1 | 45,307 | |
|
The University of Texas at Austin Austin, TX | 19 : 1 | 52,384 | |