Best Colleges for an MS in Actuarial Science

Actuarial science uses statistical and mathematical methods in the finance industries. Actuaries usually work all sorts of different business or business analyst jobs, particularly in the fields of economics, insurance and finance. As of 2008, according to the Bureau of Labor Statistics (BLS), an actuary could expect to make somewhere between $49,150 and $160,780 depending on the industry and years of experience.
  1. Boston University Metropolitan College

    • Boston University Metropolitan College (BUMET) is one of the 17 degree-granting schools that make up Boston University (BU). BUMET offers both full-time and part-time undergraduate, graduate and certification programs. BUMET offers a Master of Science (MS) degree in actuarial science. The MS in actuarial science, which BUMET offers, will prepare you for a career as an actuary by teaching you the fundamental principles of business, economics, statistics, finance and actuarial sciences. With the actuarial science graduate program at BUMET you'll be able to choose a specialization in either insurance or mathematical finance and/or opt for a dual degree in both actuarial science and either computer science, telecommunication, administrative studies or computer information systems.

      Boston University Metropolitan College
      Actuarial Science
      96 Cummington Street, Suite 160
      Boston, MA 02215
      617-353-8758
      bu.edu/met

    Ball State University

    • Ball State University (BSU) was named one of the best universities in the Midwest by the Princeton Review. BSU offers over 280 different undergraduate and graduate programs including a graduate-level, MS degree in actuarial science. The professors that teach actuarial science at BSU have many years of experience in the field and are ready to pass on practical knowledge to their students. In order to be awarded the MS in actuarial science, a BSU graduate student has to have successful completion of examinations given by both the Casualty Actuary Society and the Society of Actuaries.

      Ball State University
      Graduate School
      West Quad, Room 100
      Muncie, IN 47306
      866-285-4723

    Columbia University

    • Columbia University started out as a lower Manhattan schoolhouse and is now one of the highest research institutions on the planet. The MS in actuarial science at Columbia University is offered by the Department of Statistics. In order to get into this program, a potential student needs to have a proven record of academic efficiency and achievement in educational fields such as mathematics, economics, or statistics. Core courses in Columbia's actuary program include probability, statistical inference, survival analysis, both micro and macroeconomics, as well as corporate finances and many more.

      Columbia University
      Department of Statistics
      Room 1005 SSW, MC 4690
      1255 Amsterdam Avenue
      New York, NY 10027
      212-851-2132

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