Leaders in the insurance and finance fields rely on actuaries to accurately assess risk in their daily and long-term decision-making. Those accepted into any of the schools on our list of Best Colleges for Actuarial Science will emerge with a deep understanding of mathematical and statistical principles and will be able to apply them in real-world situations. Industry professionals rank companies such as Chubb, Nationwide, New York Life, and USAA among the best companies for an actuary to work for. Graduates of the programs below can gain an inside edge on getting hired by the top companies in the industry. Our list includes highly-selective institutions like NYU, Michigan, and Notre Dame as well as many options for students without near-perfect credentials.
Finally, note that although some of the colleges featured below do not offer a formal major in actuarial science, their undergraduate offerings in this subject area are so strong that they warrant inclusion on our list.
Methodology
Click here to read our methodology for the Best Colleges in Actuarial Science.
Best Colleges for Actuarial Science
Here’s a quick preview of the first ten institutions that made our list. Detailed profiles and stats for these and many other ranked institutions can be found when you scroll below.
2) University of Illinois Urbana-Champaign
4) University of Wisconsin-Madison
5) University of California-Santa Barbara
6) University of Texas at Austin
8) Pennsylvania State University
All of the schools profiled below have a history of sending graduates to the most desirable actuarial science jobs in the country. For each college, College Transitions will provide you with—when available—each school’s:
- Enrollment
- Cost of Attendance
- Acceptance Rate
- Median SAT
- Median ACT
- Retention Rate
- Graduation Rate
We will also include a longer write-up of each college’s:
- Academic Highlights – Includes facts like student-to-faculty ratio, average class size, number of majors offered, and most popular majors.
- Professional Outcomes – Includes info on the rate of positive outcomes, companies employing alumni, and graduate school acceptances.
Rankings for Related Programs
After reviewing our list of best actuarial science programs (below), you may also be interested in our rankings for other related fields: