Best Actuarial Science colleges in the U.S. 2021

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.

List of all Actuarial Science colleges in the U.S.

School Average Tuition Student Teacher Ratio Enrolled Students
University of Pennsylvania Logo University of Pennsylvania Philadelphia, PA
5/5
18 : 1 26,675
Bentley University Logo Bentley University Waltham, MA
5/5
18 : 1 5,314
University of Georgia Logo University of Georgia Athens, GA
3/5
18 : 1 38,920
University of California-Los Angeles Logo University of California-Los Angeles Los Angeles, CA
3/5
21 : 1 44,371
University of California-Berkeley Logo University of California-Berkeley Berkeley, CA
3/5
24 : 1 43,185
New York University Logo New York University New York, NY
5/5
17 : 1 52,885
University of Illinois at Urbana-Champaign Logo University of Illinois at Urbana-Champaign Champaign, IL
4/5
22 : 1 51,605
The University of Texas at Dallas Logo The University of Texas at Dallas Richardson, TX
3/5
33 : 1 29,543
University of Connecticut Logo University of Connecticut Storrs, CT
4/5
18 : 1 27,280
Boston University Logo Boston University Boston, MA
5/5
18 : 1 33,720
Carnegie Mellon University Logo Carnegie Mellon University Pittsburgh, PA
5/5
11 : 1 14,180
Purdue University-Main Campus Logo Purdue University-Main Campus West Lafayette, IN
3/5
22 : 1 45,500
Florida State University Logo Florida State University Tallahassee, FL
2/5
27 : 1 42,450
DePaul University Logo DePaul University Chicago, IL
5/5
25 : 1 22,064
Michigan State University Logo Michigan State University East Lansing, MI
4/5
20 : 1 49,809
Arizona State University-Tempe Logo Arizona State University-Tempe Tempe, AZ
3/5
24 : 1 53,286
Ohio State University-Main Campus Logo Ohio State University-Main Campus Columbus, OH
3/5
27 : 1 61,391
University of Wisconsin-Madison Logo University of Wisconsin-Madison Madison, WI
3/5
20 : 1 44,257
Temple University Logo Temple University Philadelphia, PA
4/5
24 : 1 38,794
Texas Christian University Logo Texas Christian University Fort Worth, TX
5/5
15 : 1 11,024