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Actuarial Science

Actuarial Science

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#1 #1 Best College for Actuarial Science in the U.S. Carnegie Mellon University Pittsburgh, PA At Carnegie Mellon University, the three most popular college majors students study are Computer Science, Electrical and Electronics Engineering, Business Administration and Management, and General....view more Acceptance Rate 11% Annual Degrees Awarded 12 SAT Score 1,500–1,570 Est. Net Price * $32,964 Median Starting Salary $58,597
#2 #2 Best College for Actuarial Science in the U.S. Drexel University Philadelphia, PA At Drexel University, the most popular majors students pursue are Registered Nursing/Registered Nurse, Mechanical Engineering, and Computer Science. In fact, Drexel University awards 578 degrees per year to graduating Registered Nursing/Registered Nurse students....view more Acceptance Rate 78% Annual Degrees Awarded 7 SAT Score 1,240–1,440 Est. Net Price * $42,342 Median Starting Salary $55,591
#3 #3 Best College for Actuarial Science in the U.S. Iowa State University Ames, IA Annually, Iowa State University grants about 406 degrees to those studying Mechanical Engineering, the institution’s most popular major. Other often-pursued majors include Marketing/Marketing Management, General, Animal Sciences, General, and Kinesiology and Exercise Science....view more Acceptance Rate 89% Annual Degrees Awarded 2 SAT Score 1,090–1,320 Est. Net Price * $17,354 Median Starting Salary $60,584
#4 #4 Best College for Actuarial Science in the U.S. University of Wisconsin-Madison Madison, WI Each year, the University of Wisconsin-Madison awards around 549 degrees to students majoring in Computer and Information Sciences, General, which is the school’s most popular major....view more Acceptance Rate 44% Annual Degrees Awarded 4 SAT Score 1,330–1,460 Est. Net Price * $14,216 Median Starting Salary $61,599
#5 #5 Best College for Actuarial Science in the U.S. Central Michigan University Mount Pleasant, MI At Central Michigan University, the three most popular college majors students pursue are Psychology, General, Kinesiology and Exercise Science, Marketing/Marketing Management, and General....view more Acceptance Rate 91% Annual Degrees Awarded 1 SAT Score 980–1,220 Est. Net Price * $15,826 Median Starting Salary $59,919
*The estimated net prices above are College Raptor’s estimate. Please contact the college financial aid office for actual net cost figures.

Results 1-5 of 5

Institution	Scaled Score	Acceptance Rate	Annual Degrees Awarded	SAT Score	Est. Net Price *	Median Starting Salary
Carnegie Mellon University Pittsburgh, PA At Carnegie Mellon University, the three most popular college majors students...view more	100	11%	12	1,500 – 1,570	$32,964	$58,597
Drexel University Philadelphia, PA At Drexel University, the most popular majors students pursue are Registered...view more	85	78%	7	1,240 – 1,440	$42,342	$55,591
Iowa State University Ames, IA Annually, Iowa State University grants about 406 degrees to those studying...view more	80	89%	2	1,090 – 1,320	$17,354	$60,584
University of Wisconsin-Madison Madison, WI Each year, the University of Wisconsin-Madison awards around 549 degrees to...view more	79	44%	4	1,330 – 1,460	$14,216	$61,599
Central Michigan University Mount Pleasant, MI At Central Michigan University, the three most popular college majors...view more	46	91%	1	980 – 1,220	$15,826	$59,919

About Actuarial Science

A program that focuses on the mathematical and statistical analysis of risk, and their applications to insurance and other business management problems. Includes instruction in forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods.

Pennsylvania awards the most Postbaccalaureate certificates in Actuarial Science of all US states with 19 degrees being granted last year. Students interested in Actuarial Science can expect around 19% percent of their classmates to be women and 81% percent of their classmates to be male. Most students graduating in this field earn a Bachelors degree. The average starting salary for an undergraduate degree in Actuarial Science is $60,800.

Popularity of Actuarial Science Degrees in the U.S.

This heat map represents the states that have the highest percent of Actuarial Science degrees compared to all other degrees awarded in that state.

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Careers

For Actuarial Science majors, some of the most in demand jobs include Business Teachers, Postsecondary, Insurance Underwriters and Financial Risk Specialists. Additionally, Actuarial Science graduates may find a high-paying job, such as Actuaries or Financial Risk Specialists.

Top Paying Careers

These are the highest paying careers for Actuarial Science majors.

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Career	Median Salary	Average Annual Job Openings	Employment 2022	Employment 2032	% Change
Actuaries	$120,000	2,300	30,000	36,900	23%
Financial Risk Specialists	$106,090	4,400	58,900	63,700	8%
Business Teachers, Postsecondary	$97,130	8,700	99,900	106,900	7%
Insurance Underwriters	$77,860	8,200	125,500	122,400	-3%

Results 1-4 of 4

Most In-Demand Careers

These are the careers in highest demand for Actuarial Science majors.

Student Demographics

Total Students

Female Students

5 (19%)

Male Students

21 (80%)

White (9, 35%)

U.S. Nonresident (7, 27%)

Race/ethnicity unknown (5, 19%)

Asian (2, 8%)

Hispanic or Latino (1, 4%)

Black or African American (1, 4%)

Two or more races (1, 4%)

American Indian or Alaska Native (0, <1%)

Native Hawaiian or Other Pacific Islander (0, <1%)

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Actuarial Science

#1 Best College for Actuarial Science in the U.S.

Carnegie Mellon UniversityPittsburgh, PA

11%

12

1,500–1,570

$32,964

$58,597

#2 Best College for Actuarial Science in the U.S.

Drexel UniversityPhiladelphia, PA

78%

7

1,240–1,440

$42,342

$55,591

#3 Best College for Actuarial Science in the U.S.

Iowa State UniversityAmes, IA

89%

2

1,090–1,320

$17,354

$60,584

#4 Best College for Actuarial Science in the U.S.

University of Wisconsin-MadisonMadison, WI

44%

4

1,330–1,460

$14,216

$61,599

#5 Best College for Actuarial Science in the U.S.

Central Michigan UniversityMount Pleasant, MI

91%

1

980–1,220

$15,826

$59,919

About Actuarial Science

Careers

Top Paying Careers

Most In-Demand Careers

Student Demographics

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Carnegie Mellon University
Pittsburgh, PA

Drexel University
Philadelphia, PA

Iowa State University
Ames, IA

University of Wisconsin-Madison
Madison, WI

Central Michigan University
Mount Pleasant, MI