Top Universities For Actuarial Science

After becoming a formal mathematical discipline sometime in the 17th century, actuarial science was used for the insurance companies to analyze statistics pertinent to determining the risks of actually insuring certain individuals and large companies. With the rise of computers and financial software, the need for actuaries is still great so it would benefit anyone interested in entering the insurance industry to find a top university for actuarial science and register for classes to further their career goals.
  1. Ball State University

    • Considered to be one of the top universities in the U.S. for actuarial science because of its mathematical class that teaches the science in great detail, Ball State University is located in Muncie Indiana. This American university hands out bachelor of science degrees to all students that complete the required 59 hours of classes that include "Intro to math of science", "Calculus 2", "General physics 1" and "Principles of Risk Management and Insurance."

      Ball State University
      Mathematical Sciences
      Robert Bell Building (RB), room 465
      Muncie, IN 47306
      765-285-8640
      cms.bsu.edu

    Drake University

    • Situated in Des Moines Indiana, Drake University includes a highly detailed actuarial science program that has been designated as a center of actuarial excellence by the Society of Actuaries. This distinction has been given out to only nine schools in the U.S., including Drake University and this college allows 300 students per year to enroll in its actuarial science course. Bachelor of Science degrees are given out to students that major in insurance concentration, accounting/actuarial science as well as information systems when they complete all hours required of them after enrolling in the actuarial science program.

      Drake University
      Aliber Hall
      2507 University Ave.
      Des Moines, IA 50311-4505
      515-271-3142
      drake.edu

    Otterbein College

    • Otterbein College mandates that all its graduating actuarial science majors pass a series of rigorous examinations that are given by the Society of Actuaries before leaving this Ohio university. The actuary science program that students can sign up for include specific studies on how to estimate mathematical formulas that can pinpoint exact risks of insuring both individuals and private companies. Other course studies include information system structures as they pertain to insurance risk as well as economic statistical research.

      Otterbein College
      One Otterbein College
      Westerville, OH 43081
      614-890-3000
      otterbein.edu

    Roosevelt University

    • As one of the top universities in the country that give out Bachelors of Science degrees to its graduating students enrolled in the actuarial science program, Roosevelt University designs its actuarial class around the Society of Actuaries exact standards. This dedication to conforming its actuary program to the required certification rules insures that graduating students of Roosevelt University will be able to find work in the insurance field with a higher rate of success than the average student at other universities. Required classes to graduate with a actuary science degree include linear algebra, calculus 1,2 and 3, financial mathematics and pre-calculus.

      Roosevelt University
      430 S. Michigan Ave.
      Chicago, IL 60605
      312-341-3500
      legacy.roosevelt.edu

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