Actuarial science is a field that combines mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. If you’re considering a career as an actuary, choosing the right college is crucial. To help you make an informed decision, we’ve compiled a list of the 30 best actuarial science colleges in 2024. Best Actuarial Science Colleges listing includes details like GPA requirements, median SAT and ACT scores, acceptance rates and admission requirements. We also cover professional outcomes and academic highlights for each college. By carefully evaluating your options, you can find the right fit and set yourself up for a successful and rewarding career as an actuary.
30 Best Actuarial Science Colleges
1. University of Pennsylvania
GPA: 3.9
Acceptance Rate: 8%
Requirements: High SAT/ACT scores, strong math background, recommendation letters.
Professional Outcomes: High job placement rate in top firms, strong alumni network.
Academic Highlights: Rigorous program with a focus on practical applications, excellent internship opportunities.
2. University of Wisconsin-Madison
GPA: 3.6
Acceptance Rate: 54%
Requirements: Good SAT/ACT scores, strong math and science grades.
Professional Outcomes: Graduates often employed by major insurance companies, strong industry connections.
Academic Highlights: Offers unique actuarial courses, hands-on projects, and research opportunities.
3. University of Illinois at Urbana-Champaign
GPA: 3.7
Acceptance Rate: 59%
Requirements: Competitive SAT/ACT scores, strong math background.
Professional Outcomes: High employability, extensive alumni network in actuarial science.
Academic Highlights: Known for its rigorous curriculum and comprehensive actuarial exam preparation.
4. Georgia State University
GPA: 3.4
Acceptance Rate: 70%
Requirements: SAT/ACT scores, good high school grades.
Professional Outcomes: Strong placement in actuarial firms, excellent career services.
Academic Highlights: Offers a dedicated Actuarial Science program with a blend of theory and practice.
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5. University of Waterloo
GPA: 3.8
Acceptance Rate: 53%
Requirements: High grades in mathematics and sciences, good SAT/ACT scores.
Professional Outcomes: High employment rate, many graduates working internationally.
Academic Highlights: Renowned for its co-op program which provides practical work experience.
6. Temple University
GPA: 3.5
Acceptance Rate: 60%
Requirements: Solid SAT/ACT scores, strong math skills.
Professional Outcomes: Strong connections with insurance companies, excellent job placement.
Academic Highlights: Offers specialized actuarial science courses and professional exam preparation.
7. Drake University
GPA: 3.4
Acceptance Rate: 68%
Requirements: SAT/ACT scores, strong high school coursework.
Professional Outcomes: High job placement rate, extensive alumni network.
Academic Highlights: Personalized attention with small class sizes and dedicated faculty.
8. University of Connecticut
GPA: 3.5
Acceptance Rate: 56%
Requirements: Good SAT/ACT scores, strong performance in math and science.
Professional Outcomes: Graduates find roles in top firms, strong industry partnerships.
Academic Highlights: Offers a comprehensive actuarial science program with robust exam preparation.
9. University of California, Santa Barbara
GPA: 3.6
Acceptance Rate: 29%
Requirements: High SAT/ACT scores, strong math background.
Professional Outcomes: High job placement, excellent internships.
Academic Highlights: Focus on applied mathematics with practical actuarial science training.
10. Purdue University
GPA: 3.7
Acceptance Rate: 67%
Requirements: Competitive SAT/ACT scores, strong high school math grades.
Professional Outcomes: Strong placement in the insurance and finance industries.
Academic Highlights: Rigorous coursework with a focus on professional development.
11. University of Michigan
GPA: 3.9
Acceptance Rate: 26%
Requirements: High SAT/ACT scores, exceptional high school performance.
Professional Outcomes: Graduates often employed by top firms, strong alumni network.
Academic Highlights: Comprehensive program with excellent resources and faculty support.
12. University of Iowa
GPA: 3.5
Acceptance Rate: 83%
Requirements: SAT/ACT scores, strong math and science background.
Professional Outcomes: High job placement rate, strong industry connections.
Academic Highlights: Focus on experiential learning and professional exam preparation.
13. St. John’s University
GPA: 3.4
Acceptance Rate: 75%
Requirements: SAT/ACT scores, strong academic record.
Professional Outcomes: Graduates frequently hired by insurance firms, robust career services.
Academic Highlights: Offers specialized actuarial science programs with strong industry links.
14. Florida State University
GPA: 3.5
Acceptance Rate: 37%
Requirements: SAT/ACT scores, strong math and science coursework.
Professional Outcomes: High employability, strong alumni network.
Academic Highlights: Comprehensive curriculum with a focus on professional readiness.
15. New York University
GPA: 3.8
Acceptance Rate: 21%
Requirements: High SAT/ACT scores, strong academic performance.
Professional Outcomes: Graduates employed by top firms, excellent networking opportunities.
Academic Highlights: Offers a rigorous program with extensive industry connections.
30 Best Actuarial Science Colleges 2024
16. University of Texas at Austin
GPA: 3.7
Acceptance Rate: 32%
Requirements: High SAT/ACT scores, strong math and science background.
Professional Outcomes: High job placement rate, strong industry ties.
Academic Highlights: Focus on applied actuarial science and professional exam preparation.
17. University of Nebraska-Lincoln
GPA: 3.4
Acceptance Rate: 78%
Requirements: SAT/ACT scores, solid high school coursework.
Professional Outcomes: High employability, strong career services.
Academic Highlights: Offers a dedicated actuarial science program with a focus on practical skills.
18. University of Central Florida
GPA: 3.4
Acceptance Rate: 44%
Requirements: SAT/ACT scores, strong math and science grades.
Professional Outcomes: Graduates often employed by major insurance companies, robust alumni network.
Academic Highlights: Comprehensive curriculum with excellent internship opportunities.
19. Ohio State University
GPA: 3.6
Acceptance Rate: 54%
Requirements: Competitive SAT/ACT scores, strong high school performance.
Professional Outcomes: High job placement rate, strong industry connections.
Academic Highlights: Rigorous program with a focus on professional development and research.
20. University of Minnesota
GPA: 3.5
Acceptance Rate: 57%
Requirements: SAT/ACT scores, strong math and science background.
Professional Outcomes: Graduates frequently hired by top firms, strong alumni network.
Academic Highlights: Comprehensive actuarial science program with a focus on practical applications.
21. Butler University
GPA: 3.5
Acceptance Rate: 73%
Requirements: SAT/ACT scores, good high school grades.
Professional Outcomes: Strong placement in actuarial firms, excellent career support.
Academic Highlights: Offers a personalized education with small class sizes and dedicated faculty.
22. Boston University
GPA: 3.8
Acceptance Rate: 20%
Requirements: High SAT/ACT scores, strong academic record.
Professional Outcomes: Graduates employed by top firms, strong industry connections.
Academic Highlights: Rigorous curriculum with a focus on professional readiness.
23. University of Missouri
GPA: 3.4
Acceptance Rate: 78%
Requirements: SAT/ACT scores, strong math and science coursework.
Professional Outcomes: High job placement rate, robust alumni network.
Academic Highlights: Offers a comprehensive actuarial science program with a focus on real-world applications.
24. University of Georgia
GPA: 3.6
Acceptance Rate: 45%
Requirements: Competitive SAT/ACT scores, strong academic performance.
Professional Outcomes: Graduates often employed by major firms, strong career services.
Academic Highlights: Focus on experiential learning and professional exam preparation.
25. Illinois State University
GPA: 3.4
Acceptance Rate: 81%
Requirements: SAT/ACT scores, good high school grades.
Professional Outcomes: High employability, strong alumni network.
Academic Highlights: Offers specialized actuarial science courses and strong industry connections.
26. University of South Carolina
GPA: 3.5
Acceptance Rate: 68%
Requirements: SAT/ACT scores, strong math and science background.
Professional Outcomes: Graduates frequently hired by top firms, excellent internship opportunities.
Academic Highlights: Comprehensive curriculum with a focus on practical skills and professional readiness.
27. University of Alabama
GPA: 3.5
Acceptance Rate: 80%
Requirements: SAT/ACT scores, solid high school coursework.
Professional Outcomes: High job placement rate, strong career support.
Academic Highlights: Offers a dedicated actuarial science program with a blend of theory and practice.
28. Pennsylvania State University
GPA: 3.6
Acceptance Rate: 54%
Requirements: Competitive SAT/ACT scores, strong academic performance.
Professional Outcomes: Graduates employed by major firms, strong alumni network.
Academic Highlights: Rigorous program with a focus on professional development and research opportunities.
29. University of North Carolina at Chapel Hill
GPA: 3.8
Acceptance Rate: 23%
Requirements: High SAT/ACT scores, strong academic record.
Professional Outcomes: High employability, excellent industry connections.
Academic Highlights: Comprehensive actuarial science program with a focus on real-world applications and professional readiness.
30. University of Florida
GPA: 3.6
Acceptance Rate: 31%
Requirements: High SAT/ACT scores, strong math and science background.
Professional Outcomes: Graduates frequently hired by top firms, strong career services.
Academic Highlights: Offers a rigorous program with excellent resources and faculty support.
Choosing the right college for actuarial science involves considering various factors such as academic rigor, professional outcomes, and the overall fit for your personal and career goals. Each of these institutions offers strong programs that can help you succeed in the actuarial profession. Whether you prioritize a rigorous academic environment, excellent job placement rates, or unique internship opportunities, there’s a school on this list that’s right for you.
Best Actuarial Science Colleges – Conclusion
Selecting the right college for pursuing an actuarial science degree is a critical step toward a successful career in the field. The 30 Best Actuarial Science Colleges listed here are among the best in 2024, each offering robust academic programs, strong professional outcomes, and comprehensive support for students. From top-tier institutions like the University of Pennsylvania and New York University, known for their rigorous curricula and high job placement rates, to universities like Georgia State University and Illinois State University, which provide excellent industry connections and practical learning experiences, there is a diverse range of options to suit different preferences and career aspirations.