Top Ten Best Universities for Actuarial Science Degrees

Top Ten Best Universities for Actuarial Science Degrees

It is a field in which students learn to design products that look after the financial needs of others. Moreover, they study the methods and techniques which guide people to fulfill their financial needs regarding investment and other ways like that. Actuaries are the experts who help people in a way that they can get the best results from their investments. They also help the government in the prediction and formulation of financial policies. The government also gets help from these experts in budgeting and funds allocation. These people are experts in the fields of mathematics and statistic and economics, etc. Actuarial Science degree is required to become an actuarial expert. There are many universities in the world which are offering actuarial science degree programs to students, according to different criteria and different standard. It is a very good career opportunity for those who have an interest in the field of finance, mathematics, statistic and economics. As people in emerging and developed economies are so conscious about their investments and funding. In UK general public and government spends billion of pounds on financial products like insurance, pensions, and mortgages every year. In the following there is a list of top ten best universities for actuarial science degrees in the world:

10. University of Connecticut:

List of Top Ten Best Universities for Actuarial Science Degrees

University of Connecticut is ranked as 10th in the list of best universities in the list of top ten best universities in actuarial science degrees. It is located in Storrs, Connecticut. This school is ranked as 59th in the field of research with the acceptance rate of 53.7%. The school is popular in offering the degrees of speech communication and rhetoric, psychology and Registered nursing/registered nurse. The university has a total enrollment of 25,911 students in 169 different programs. The university has comparatively high student-faculty ratio which is 16:1. Its small class size is mostly 10-19 students only. The most expensive out-of-state tuition fee is $32,880 with the promised quality of education. The institute has a very high graduation rate, which is 83% only in 6 years.

9. University of Wisconsin-Madison:

Top Ten Best Universities for Actuarial Science Degrees

University of Wisconsin-Madison is ranked as 9th best university in the list of top ten best universities in actuarial science degrees. It is located in Madison, Wisconsin. This school is ranked as 56th in the field of research with the acceptance rate of 67.9%. The school is popular in offering the degrees of economics, psychology, and biology/biological sciences. The university has a total enrollment of 42,267students in 194 different programs. The university has comparatively high student-faculty ratio which is 18:1. Its small class size is mostly 10-19 students only. The most expensive tuition fee is $26,660 with the promised quality of education. The institute has a very high graduation rate, which is 82% only in 6 years.

8. University of Minnesota_twin Cities:

Top Ten Universities for Actuarial Science Degrees

University of Minnesota_twin Cities is located in Minneapolis, Minnesota. This school is ranked as 62nd in the field of research with the acceptance rate of 44.4%. The school is popular in offering the degrees of Biology/biological sciences, psychology and rhetoric, and composition. The university has a total enrollment of 51,526 students in 273 different programs available. The university has comparatively high student-faculty ratio which is 17:1. The most expensive out-of-state tuition fee is $20,810. While In-State tuition fee is $13,560 which is quite affordable. The institute has a high graduation rate, which is 70% only in 6 years.

7. Boston University:

 Top Ten Best Universities for Actuarial Science

Boston University is located in Boston, Massachusetts. This school is ranked as 46th in the field of research with the acceptance rate of 45.6%. The school is popular in offering the degrees of communication, psychology and Business administration and management. The university has a total enrollment of 32,411 students in 227 different programs available. The university has comparatively low student-faculty ratio which is 13:1. Its small class size is mostly 10-19 students. The most expensive tuition fee is $46,664. The institute has a very high graduation rate, which is 85% only in 6 years.

6. University of Illinois:

Top 10 Best Universities for Actuarial Science Degrees

University of Illinois ranks as 6th in the list of top ten best universities in actuarial science degrees. This institute is located in Champaign, Illinois. This school is ranked as 48th in the field of research with the acceptance rate of 62.4%. The school is popular in offering the degrees of accounting, psychology and cell/cellular and molecular biology. The university has a total enrollment of 44,942 students in 182 different programs available. The university has comparatively high student-faculty ratio which is 20:1. Its small class size is mostly 10-19 students. The most expensive out-of-state tuition fee is $29,646. While In-State tuition fee is $15,020 which is affordable. The institute has a very high graduation rate, which is 82% only in 6 years.

5. University of California-Santa Barbara:

List of Top 10 Best Universities for Actuarial Science

University of California-Santa Barbara is ranked as 5th in the list of top ten best universities in actuarial science degrees. This school is ranked as 51st in the field of research with the acceptance rate of 44.4%. The school is popular in offering the degrees of sociology, psychology, and communication. The university has a total enrollment of 22,225 students in 82 different programs available. The university has comparatively high student-faculty ratio which is 17:1. Its small class size is mostly 2-9 students only. The most expensive out-of-state tuition fee is $36,743. While In-State tuition fee is $13865. The institute has a very high graduation rate, which is 80% only in 6 years.

4. University of California-Los Angeles:

Top Five Best Universities for Actuarial Science

University of California-Los Angeles is the 4th best university in the list of top ten best universities in actuarial science degrees. This school is ranked as 25th in the field of research with the acceptance rate of 22%. The school is popular in offering the degrees of political science and government, psychology and anthropology. The university has a total enrollment of 40,795 students in 150 different programs. The university has comparatively high student-faculty ratio which is 16:1. Its small class size is mostly 10-19 students only. The most expensive tuition fee is $35,583 with the promised quality of education. The institute has a very high graduation rate, which is 90% only in 6 years.

3. Carnegie Mellon University:

Top 5 Best Universities for Actuarial Science

Carnegie Mellon University is the 3rd best university in the list of top ten best universities in actuarial science degrees. This school is ranked as 18th in the field of research with the acceptance rate of 25.5%. The school is popular in offering the degrees of computer science, mechanical engineering and electrical and electronics engineering. The university has a total enrollment of 12,367 students in 172 different programs. The Carnegie Mellon University has comparatively low student-faculty ratio which is 10:1. Its small class size is mostly 10-19 students only. The most expensive tuition fee is $49,022 with the promised quality of education. The institute has a very high graduation rate, which is 87% only in 6 years. This institute is male dominant with 63% male students.

2. University of Pennsylvania:

Top Three Best Universities for Actuarial Science

University of Pennsylvania is the 2nd best university in the list of top ten best universities in actuarial science degrees. This school is ranked as 9th in the field of research with the acceptance rate of 12.2%. The school is popular in offering the degrees of Finance, Biology/Biological Science and Registered nursing/registered nurses. The university has a total enrollment of 24,630 students in 182 different programs. This university is popular for having great student-faculty ratio which is 6:1. Its small class size is mostly 10-19 students only. The most expensive tuition fee is $47,668 with the promised quality of education. The institute has a very high graduation rate, which is 96% only in 6 years.

1. Columbia University:

Best University for Actuarial Science

Columbia University is a non profit private institute located in New York. This school is ranked as number 1 in the list of top ten best universities for actuarial science degrees. This school is ranked as 7th in the field of research with the acceptance rate of 7.4%. The school is popular in offering the degrees of economics, political science, and government and Registered nursing/registered nurses. Columbia University has a total enrollment of 26,957 students in 182 different programs. This university is popular for having great student-faculty ratio which is 6:1. The most expensive tuition fee is $51,008 with the promised quality of education. The Institute maintains a balanced gender ratio while most of the students are nonresident.

Best Universities for Actuarial Science Degrees – Top Ten List

Sr.No.NamesAddress
1Columbia University116th St & Broadway, New York, NY 10027, United States
2University of PennsylvaniaPhiladelphia, PA 19104, United States
3Carnegie Mellon University5000 Forbes Ave, Pittsburgh, PA 15213, United States
4University of California-Los AngelesLos Angeles, CA 90095, United States
5 University of California-Santa BarbaraSanta Barbara, CA 93106, United States
6University of Illinois1200 W Harrison St, Chicago, IL 60607, United States
7Boston UniversityBoston, MA 02215, United States
8 University of Minnesota_twin CitiesMinneapolis, MN 55455, United States
9University of Wisconsin-MadisonMadison, WI 53706, United States
10University of ConnecticutStorrs, CT 06269, United States

Conclusion:

In the end, it is concluded that to have good financial planning and schemes actuaries’ experts are too important. They play a remarkable role in the flow of money in the best possible direction. People get knowledge about their investment choices, financial policies, and budgeting processes. The universities which are offering actuarial science degrees, according to desired standards and quality education are playing a tremendous role in this field. Today, it is a big challenge for all emerging and developed economies to have a better financial planning.