Ball State University, located in Muncie, Indiana, was founded in 1918. The university is accredited by the North Central Association of Colleges and Schools. The Actuarial Science Program is a graduate program in the Ball State University Department of Mathematical Sciences. According to the university, all faculty members within the program have participated on actuarial exam committees. Though taking the Graduate Record Examination (GRE) is not required, applicants must have a baccalaureate degree with at least three semesters of calculus, one linear algebra course and a probability and statistics course. The GRE is suggested if the student will pursue a graduate assistantship.
Central Michigan University is located in Mount Pleasant, Michigan. The Central Michigan University Actuarial Science Program is an undergraduate concentration offered through the Department of Mathematics. The major requires approximately 63 credit hours of coursework across various disciplines, including mathematics, accounting, finance, business law and computer science. The coursework is to prepare students to pass the first actuarial examination immediately after graduation. The university offers an introduction to professional actuaries through the sponsorship of the Gamma Iota Sigma student organization.
Drake University, located in Des Moines, Iowa, was founded in 1881. Its Actuarial Science Program has been designated a Center of Actuarial Excellence by the Society of Actuaries. According to the university, only 17 schools, including 5 in Canada, hold this designation. The Drake Actuarial Science Program is part of the College of Business and Public Administration. Drake has approximately 300 students with many holding internships throughout their academic experience.
Illinois State University, located in Normal, Illinois, was founded in 1857. The Illinois State University Actuarial Science Program is designated a Center of Actuarial Excellence by the Society of Actuaries. The university offers both undergraduate- and graduate-level actuarial science programs. Major business partners within the state of Illinois offer internship opportunities for students. The university has partnered with professional practicing actuaries to form an actuarial program advisory board to review its Actuarial Science Program on an ongoing basis.