2023 Schools for a Master’s Highly Focused on Actuarial Science Major
28
Ranked Colleges
361
Degrees Awarded
$35,500
Avg Cost*
When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Schools for a Master’s Highly Focused on Actuarial Science Major” ranking is one tool we have developed to help in this regard.
Actuarial Science is the 278th most popular major in the country with 2,055 degrees awarded in 2021-2022.
At the master’s degree level specifically, there were 361 actuarial science graduates with average earnings and debt of $58,979 and $43,370 respectively.
This year’s “Schools for a Master’s Highly Focused on Actuarial Science Major” ranking analyzed 28 colleges that offered a degree in actuarial science. The colleges and universities that top this list are recognized because their actuarial science program is one of the largest majors offered at the school.
See our ranking methodology to learn more.
One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Schools for a Master’s Highly Focused on Actuarial Science Major” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Schools for a Master’s Highly Focused on Actuarial Science Major
The following schools top our list of the Best “Schools for a Master’s Highly Focused on Actuarial Science Major”.
Top 28 Most Focused Master’s Degree Colleges for Actuarial Science
You’ll join some of the best and brightest minds around if you attend Carnegie Mellon University. The school came in at #1 for the Schools for a Master’s Highly Focused on Actuarial Science Major. Carnegie Mellon is a fairly large school located in Pittsburgh, Pennsylvania that handed out 91 masters’s actuarial science degrees in 2021-2022.
Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 0.1%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Full Carnegie Mellon Actuarial Science Report
Out of the 28 schools in the Schools for a Master’s Highly Focused on Actuarial Science Major that were part of this year’s ranking, Drexel University landed the #2 spot on the list. Drexel University is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 41 masters’s actuarial science degrees in 2021-2022.
The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The undergraduate student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Drexel Actuarial Science Report
Out of the 28 schools in the Schools for a Master’s Highly Focused on Actuarial Science Major that were part of this year’s ranking, University of California - Los Angeles landed the #3 spot on the list. This large school is located in Los Angeles, California, and it awarded 43 masters’s actuarial science degrees in 2021-2022.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Full University of California - Los Angeles Actuarial Science Report
Out of the 28 schools in the Schools for a Master’s Highly Focused on Actuarial Science Major that were part of this year’s ranking, Columbia University in the City of New York landed the #5 spot on the list. Columbia University in the City of New York is a large private not-for-profit school situated in New York, New York. It awarded 40 masters’s actuarial science degrees in 2021-2022.
The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 99%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Actuarial Science at Columbia University in the City of New York
St John’s University - New York ranked #6 on this year’s Schools for a Master’s Highly Focused on Actuarial Science Major list. STJ is a private not-for-profit institution located in Queens, New York. The school has a fairly large population, and it awarded 10 masters’s degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Actuarial Science at St John’s University - New York
Boston University landed the #7 spot on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This large school is located in Boston, Massachusetts, and it awarded 25 masters’s actuarial science degrees in 2021-2022.
With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Actuarial Science at Boston University
Georgia State University did quite well in the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking, coming in at #8. Atlanta, Georgia is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 29 students in 2021-2022.
The low undergrad student loan default rate of 2.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Georgia State Actuarial Science Report
University of California - Santa Barbara did quite well in the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking, coming in at #9. University of California - Santa Barbara is located in Santa Barbara, California and, has a large student population. In 2021-2022, this school awarded 13 masters’s actuarial science degrees to qualified students.
The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.
Read full report on Actuarial Science at University of California - Santa Barbara
With a ranking of #10, Ball State University did quite well on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major list. Ball State is located in Muncie, Indiana and, has a fairly large student population. In 2021-2022, this school awarded 6 masters’s actuarial science degrees to qualified students.
The low undergrad student loan default rate of 1.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Actuarial Science at Ball State University
Roosevelt University came in at #11 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This small school is located in Chicago, Illinois, and it awarded 3 masters’s actuarial science degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.8%, which is much lower than the national rate of 10.1%.
Read more about Actuarial Science at Roosevelt
University of Illinois at Urbana-Champaign did quite well in the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking, coming in at #12. UIUC is a large school located in Champaign, Illinois that handed out 16 masters’s actuarial science degrees in 2021-2022.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.
Read full report on Actuarial Science at UIUC
University of Iowa came in at #13 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This large school is located in Iowa City, Iowa, and it awarded 1 masters’s actuarial science degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students.
Full Iowa Actuarial Science Report
Maryville University of Saint Louis did quite well in the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking, coming in at #14. Located in Saint Louis, Missouri, this medium-sized private not-for-profit school awarded 11 diplomas to qualified masters’s actuarial science students in 2021-2022.
The undergrad student loan default rate at the school is 0.4%, which is quite low when compared to the national default rate of 10.1%.
Full Maryville University of Saint Louis Actuarial Science Report
The University of Texas at Dallas came in at #15 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This large school is located in Richardson, Texas, and it awarded 4 masters’s actuarial science degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its undergraduate students.
Full The University of Texas at Dallas Actuarial Science Report
University of Nebraska - Lincoln came in at #16 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This large school is located in Lincoln, Nebraska, and it awarded 5 masters’s actuarial science degrees in 2021-2022.
The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Actuarial Science at University of Nebraska - Lincoln
With a ranking of #17, Temple University did quite well on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major list. Temple University is a large school located in Philadelphia, Pennsylvania that handed out 9 masters’s actuarial science degrees in 2021-2022.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Actuarial Science at Temple University
Towson University ranked #18 on this year’s Schools for a Master’s Highly Focused on Actuarial Science Major list. Located in Towson, Maryland, this fairly large public school handed out 3 diplomas to qualified masters’s actuarial science students in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.
Read more about Actuarial Science at Towson
Ohio State University - Main Campus did quite well in the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking, coming in at #19. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 4 students in 2021-2022.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Actuarial Science at Ohio State University - Main Campus
Arizona State University - Tempe landed the #20 spot on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking. Located in Tempe, Arizona, this large public school awarded 3 degrees to qualified masters’s actuarial science students in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low undergrad student loan default rate of 1.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Arizona State University - Tempe Actuarial Science Report
Queens College came in at #21 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. Queens College is located in Queens, New York and, has a fairly large student population. In 2021-2022, this school awarded 2 masters’s actuarial science degrees to qualified students.
The low undergrad student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Actuarial Science at Queens College
DePaul University landed the #22 spot on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking. DePaul University is a large private not-for-profit school situated in Chicago, Illinois. It awarded 1 masters’s actuarial science degrees in 2021-2022.
The low undergrad student loan default rate of 1.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Actuarial Science at DePaul University
With a ranking of #23, New York Institute of Technology did quite well on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major list. New York Institute of Technology is a private not-for-profit institution located in Old Westbury, New York. The school has a medium-sized population, and it awarded 0 masters’s degrees in 2021-2022.
The low undergrad student loan default rate of 1.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Actuarial Science at NYIT
University of the Pacific landed the #23 spot on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking. Pacific is located in Stockton, California and, has a medium-sized student population. In 2021-2022, this school awarded 2 masters’s actuarial science degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.
Read more about Actuarial Science at Pacific
With a ranking of #23, University of Wisconsin - Madison did quite well on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major list. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 73 masters’s actuarial science degrees in 2021-2022.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%.
Full UW - Madison Actuarial Science Report
University of Central Missouri came in at #23 in this year’s edition of the Schools for a Master’s Highly Focused on Actuarial Science Major ranking. This fairly large school is located in Warrensburg, Missouri, and it awarded 13 masters’s actuarial science degrees in 2021-2022.
The low undergrad student loan default rate of 1.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Actuarial Science at UCM
University of Pennsylvania landed the #23 spot on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major ranking. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s actuarial science degrees to 2 students in 2021-2022.
The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 98%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Actuarial Science at University of Pennsylvania
With a ranking of #23, University of California - Berkeley did quite well on the 2023 Schools for a Master’s Highly Focused on Actuarial Science Major list. Berkeley, California is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 0 students in 2021-2022.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.
Read full report on Actuarial Science at UC Berkeley
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
- *Avg Salary and Avg 4-Year Grad Rate are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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