Best Colleges with Actuarial Science Degrees in the U.S.

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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.

The Best Actuarial Science Colleges of 2017

Rank School Name Location Description   Rating
1 Columbia University in the City of New York New York, NY

Columbia University in the City of New York offers 1 Actuarial Science Degree program. It's a large private university in a large city. In 2015, 127 students graduated in the study area of Actuarial Science with students earning 127 Master's degrees.

Based on 20 Reviews
2 Carnegie Mellon University Pittsburgh, PA

Carnegie Mellon University offers 4 Actuarial Science Degree programs. It's a large private university in a large city. In 2015, 90 students graduated in the study area of Actuarial Science with students earning 90 Master's degrees.

Based on 16 Reviews
3 University of Pennsylvania Philadelphia, PA

University of Pennsylvania offers 3 Actuarial Science Degree programs. It's a large private university in a large city. In 2015, 9 students graduated in the study area of Actuarial Science with students earning 9 Bachelor's degrees.

Based on 56 Reviews
4 University of California-Los Angeles Los Angeles, CA

University of California-Los Angeles offers 1 Actuarial Science Degree program. It's a large public university in a large city. In 2015, 43 students graduated in the study area of Actuarial Science with students earning 43 Master's degrees.

Based on 88 Reviews
5 Boston University Boston, MA

Boston University offers 1 Actuarial Science Degree program. It's a large private university in a large city. In 2015, 43 students graduated in the study area of Actuarial Science with students earning 43 Master's degrees.

Based on 104 Reviews
6 University of California-Santa Barbara Santa Barbara, CA

University of California-Santa Barbara offers 2 Actuarial Science Degree programs. It's a large public university in a mid sized suburb. In 2015, 51 students graduated in the study area of Actuarial Science with students earning 48 Bachelor's degrees, and 3 Master's degrees.

Based on 52 Reviews
7 University of Illinois at Urbana-Champaign Champaign, IL

University of Illinois at Urbana-Champaign offers 2 Actuarial Science Degree programs. It's a large public university in a small city. In 2015, 95 students graduated in the study area of Actuarial Science with students earning 95 Bachelor's degrees.

Based on 104 Reviews
8 New York University New York, NY

New York University offers 2 Actuarial Science Degree programs. It's a large private university in a large city. In 2015, 7 students graduated in the study area of Actuarial Science with students earning 7 Bachelor's degrees.

Based on 60 Reviews
9 Ohio State University-Main Campus Columbus, OH

Ohio State University-Main Campus offers 2 Actuarial Science Degree programs. It's a large public university in a large city. In 2015, 77 students graduated in the study area of Actuarial Science with students earning 77 Bachelor's degrees.

Based on 164 Reviews
10 University of Connecticut Storrs, CT

University of Connecticut offers 2 Actuarial Science Degree programs. It's a large public university in a large suburb. In 2015, 66 students graduated in the study area of Actuarial Science with students earning 66 Bachelor's degrees.

Based on 48 Reviews

List of Actuarial Science Schools in the U.S.

Filter:
Degree Levels
  • Associate's
  • Bachelor's
  • Certificates
  • Doctoral
  • Master's
Program Length
  • Less than 2 years (below associate)
  • At least 2 but less than 4 years
  • Four or more years
Control Type
  • Private for-profit
  • Private not-for-profit
  • Public
School Logo School Name Average tuition Student Teacher Ratio Enrolled Students
Columbia University in the City of New York Columbia University in the City of New York New York, NY
5/5
7 : 1 28,086
Carnegie Mellon University Carnegie Mellon University Pittsburgh, PA
5/5
11 : 1 12,963
University of Pennsylvania University of Pennsylvania Philadelphia, PA
5/5
12 : 1 24,876
University of California-Los Angeles University of California-Los Angeles Los Angeles, CA
3/5
12 : 1 41,908
Boston University Boston University Boston, MA
5/5
11 : 1 32,158
University of California-Santa Barbara University of California-Santa Barbara Santa Barbara, CA
3/5
24 : 1 23,497
University of Illinois at Urbana-Champaign University of Illinois at Urbana-Champaign Champaign, IL
4/5
20 : 1 45,842
New York University New York University New York, NY
5/5
8 : 1 50,027
Ohio State University-Main Campus Ohio State University-Main Campus Columbus, OH
3/5
15 : 1 58,663
University of Connecticut University of Connecticut Storrs, CT
3/5
15 : 1 27,043
University of Wisconsin-Madison University of Wisconsin-Madison Madison, WI
3/5
12 : 1 42,716
Bentley University Bentley University Waltham, MA
5/5
17 : 1 5,552
Purdue University-Main Campus Purdue University-Main Campus West Lafayette, IN
3/5
20 : 1 40,472
Temple University Temple University Philadelphia, PA
4/5
15 : 1 38,007
The University of Texas at Dallas The University of Texas at Dallas Richardson, TX
3/5
28 : 1 24,554
University of Nebraska-Lincoln University of Nebraska-Lincoln Lincoln, NE
3/5
20 : 1 25,260
Pennsylvania State University-Main Campus Pennsylvania State University-Main Campus University Park, PA
4/5
16 : 1 47,307
University of Iowa University of Iowa Iowa City, IA
3/5
13 : 1 30,844
Drake University Drake University Des Moines, IA
5/5
15 : 1 4,991
Texas Christian University Texas Christian University Fort Worth, TX
5/5
15 : 1 10,323
University Logo University of Georgia Athens, GA
3/5
18 : 1 36,130
Florida State University Florida State University Tallahassee, FL
2/5
25 : 1 40,830
University Logo Georgia State University Atlanta, GA
3/5
23 : 1 32,058
University of Minnesota-Twin Cities University of Minnesota-Twin Cities Minneapolis, MN
3/5
14 : 1 50,678
Michigan State University Michigan State University East Lansing, MI
3/5
18 : 1 50,538

Find Local Colleges Offering Actuarial Science Degrees

Getting an Actuarial Science Degree Online

Schools offering online Actuarial Science degrees

Online Actuarial Science degrees are available at a variety of different schools with as many as 90 degrees earned at the most popular school. Read more below about all schools that have offered online Actuarial Science degrees. If you are interested learning more about getting a degree online, check out our page dedicated to online degree information.

Certificate
Associate's
Bachelor's
Master's
Doctoral
School Name Certificate Associate's Bachelor's Master's Doctoral
Carnegie Mellon University 0 0 0 90 0
University of Saint Mary 0 0 0 2 0
How many schools offer online Actuarial Science degrees?
  • 2 Master's

What degrees do people get in Actuarial Science?

Degree Level Program Length Colleges Graduates
Bachelor's 4-year Length 83 Colleges 1,192 Graduates
Certificates < 1 year Length 9 Colleges 17 Graduates
Master's 1+ years Length 19 Colleges 409 Graduates

Actuarial Science Degree Overview

Researching a Actuarial Science degree you will find that obtaining a traditional degree is very prevalent. The most common path for those earning a degree in Actuarial Science can assume a standard two to four years to earn a degree. The most popular Actuarial Science degree earned was a bachelor's degree and it also has the widest range of school possibilities as well. The second most popular Actuarial Science degree that people get is a master's degree which goes to show a focus on higher learning. This shows that the degree requires dedication to schooling and you may want to seek more than a four year time commitment. Although a certificate is offered at some schools, getting a certificate is not very common. With your goals in mind, look for the Actuarial Science degree that can match your flexibility and needs in addition to finding a school with the right opportunities for you to earn that degree.

Average cost of college for a Actuarial Science degree

Average Tuition and Fees for a 2 year Degree

Average Tuition and Fees School Control Student Residence
$7,137 Public In-State
$9,921 Public Out-of-State

Average Tuition and Fees for a 4 year Degree

Average Tuition and Fees School Control Student Residence
$10,001 Public In-State
$31,000 Private In-State
$23,031 Public Out-of-State
$31,000 Private Out-of-State
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