What Are the Best Colleges with Actuarial Science Programs?

Find out what to look for in an actuarial science school. Learn about degree offerings and school rankings at the top two colleges with programs in the field. Schools offering Risk Management degrees can also be found in these popular choices.

What Are Some Characteristics of the Best Colleges with Actuarial Science Programs?

You might want to enroll in a school that prepares you to complete the preliminary professional credentialing exams of the Society of Actuaries or the Casualty Actuarial Society prior to graduation. Based on curriculum, faculty, graduate quality and research, each of the following schools is designated as a top choice for students looking to study actuarial science. University strength in math, applied statistics, accounting and finance could further support your program. Special seminars, classes or internship options could also be beneficial to you.

Two Top Actuarial Science Schools

University of Iowa

UI was ranked 38th among all public universities in 2019, and its graduate math programs were ranked 62th in the nation in 2018. The Department of Statistics and Actuarial Science offers bachelor's and master's degrees in actuarial science. You could take related courses within the Vaughn Institute of Risk Management or the Tippie College of Business's finance department. You could also attend the annual Craig Lecture or join the Actuarial Science Club. A Ph.D. program in statistics specializing in actuarial science and financial mathematics may be pursued. These degrees are offered:

  • Bachelor of Science in Actuarial Science
  • Master of Science in Actuarial Science
  • Doctor of Philosophy in Statistics

University of Wisconsin in Madison

UW was 16th in graduate mathematics programs, according to the U.S. News & World Report in 2018. As an undergraduate, you can attend networking events and presentations by experts. You could find a summer internship through the annual Actuarial Science, Risk Management and Insurance career fair. In lieu of a previous master's program in actuarial science, the university now offers a Capstone Certificate, preparing you to pass professional credentialing exams. Degrees include the following:

  • Bachelor of Business Administration in Actuarial Science
  • Doctor of Philosophy in Actuarial Science, Risk Management and Insurance

Other Schools with Actuarial Science Programs

College/UniversityInstitution TypeLocationEstimated Graduate In-State Tuition*
Valparaiso University4-year, PrivateValparaiso, IN$12,000
Columbia University4-year, PrivateNew York, NY$48,000
Boston University4-year, PrivateBoston, MA$53,000
Drake University4-year, PrivateDes Moines, IA$10,500
St John's University-New York4-year, PrivateQueens, NY$19,000
Georgia State University4-year, PublicAtlanta, GA$9,000
University of Nebraska-Lincoln4-year, PublicLincoln, NE$7,000
Ball State University4-year, PublicMuncie, IN$9,000
Oakland University4-year, PublicRochester Hills, MI$18,000
The University of Texas-Dallas4-year, PublicRichardson, TX$13,500

*Source: NCES, U.S. Department of Education

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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