I'm curious about which colleges are well-regarded for actuarial science programs. I'm trying to build a list of potential schools to apply to. Any recommendations or experiences with specific programs would be awesome!
When it comes to highly regarded actuarial science programs, a few colleges likely spring to mind.
One of the most notable is the University of Pennsylvania, particularly through the Wharton School. It boasts a solid actuarial science program that combines business and mathematical concepts. The curriculum encompasses a range of insurance and finance subjects, preparing students for the series of actuarial exams.
Another institution worth considering is the University of Wisconsin-Madison. The school distinguishes itself with a well-rounded actuarial science program that's administered by the Department of Mathematics in collaboration with the Department of Statistics and the School of Business. Students benefit both from the technical and business aspects of the program.
Similarly, the University of Michigan (UMich) is known for its robust actuarial mathematics program. Beyond pure academics, it also provides opportunities for students to engage with local actuaries, participate in case competitions, and attend networking events.
Carnegie Mellon University should not be overlooked either. It houses an actuarial mathematics program in the Department of Mathematical Sciences. CMU is known for its strong quantitatively-focused programs, and this one is no exception, with heavy coursework in probability, statistics, and quantitative finance.
Lastly, consider the University of Illinois - Urbana-Champaign, which has a full-fledged Department of Mathematics that offers a BS in Actuarial Science. The program is designed to prepare students for first four exams sponsored by the Society of Actuaries.
These programs all have strong reputations and prepare students well for the actuarial exams. However, the best school for you will depend on factors like location, fit, and financial obligations, among other things. Good luck in building your school list!
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