College/University for Applied Mathematics or Actuarial Science.

Can anyone list down the top 5 colleges/universities for each major? Also state the reason for the selection.

Rankings are such a broad subjective thing. I mean top schools are UCLA, MIT, etc. but what are your current stats and what part of the country would you like to be in?

In the basic ACT score range of 29-32.

What state are you in? There are some solid math/applied math departments at public unis. They might be your best bet if you’re ACT 29-32.

My D and I have been researching Actuarial Science as a career potential (she has already picked her school). Apparently, and someone correct me if I am wrong, but it requires a strong math schedule littered with a few classes in computer science, economics, marketing and finance…pretty much a liberal arts degree is suggested?

You basically need a math degree of some type. http://www.beanactuary.org/study/?fa=what-to-study

Yes it is. Can I ask which school is she going to attend? :confused:

@ZainSD A career in actuarial science actually requires you to pass a series of exams. The exams are conducted by the Society of Actuaries (SOA) and the Casualty Actuaries Society (CAS). I’m from Pakistan and Actuarial Science is something I’m interested in too. If you require need based financial aid then I’m afraid most of the schools with top actuarial science programs are out of your reach except one. Drake University has a National Alumni Scholarship which covers the cost of full tuition room and board and it has an amazing actuarial science program. They prepare you for the first 5 examinations of the SOA (after which you are almost set to become an associate level actuary) If you’re looking into Actuarial Science do apply to Drake. I did and was accepted as a National Alumni Scholar but I’ll be attending another college in the states (which also has an actuarial science concentration even if not as good as Drake’s) Basically you can become an actuary by studying from any institute but the more exams you pass during your undergraduate the easier it will be for you to land a job afterwards so yeah do look into Drake University. I hope this helps :slight_smile:

@ZainSD Another thing. Drake’s merit scholarship requires that you have at least an ACT score of 31 so make sure you have that pre requisite. If you have any other questions PM me and we’ll switch the conversation over to facebook.

Thanks @sallywoot
Now I am considering doing Applied Mathematics and then shifting towards Actuarial section,
Lets shift the conversation shall we.
https://www.facebook.com/Cruesome.Devil.Scope

@ZainSD Sorry, I got a little busy the last couple days. Anyway, that link doesn’t work here so you’ll probably have to PM me :stuck_out_tongue:

Never mind, I figured it out. I’ll add you on facebook :stuck_out_tongue:

Seach: Zain Salman Dar

Undergraduate programs usually aren’t ranked for a variety of reasons (exceptions exist in engineering and business). You need to concentrate on selecting a good overall college that will prepare you for the actuarial exams and career.

The Society of Actuaries maintains a [url=<a href=“https://www.soa.org/education/resources/actuarial-colleges/actuarial-college-listings-details.aspx#sthash.VOoqbQSi.dpbs%5Dlist%5B/url”>https://www.soa.org/education/resources/actuarial-colleges/actuarial-college-listings-details.aspx#sthash.VOoqbQSi.dpbs]list[/url] of colleges with actuarial programs. That doesn’t mean they have actuarial science majors; it means that they have math/applied math or some other major with the coursework necessary to meet VEE standards and prepare you for the exams (at least the first one, maybe the first 2). There are Centers for Actuarial Excellence, which are programs that have met additional standards for preparing students for actuarial exams and work, and then there are simply programs that have undergraduate study in actuarial science (or the required courses).

Examples of great schools that are CAEs are Penn State, Towson, UConn, UIUC, and Temple. Examples of great schools that have actuarial programs, but aren’t CAEs, are Beloit, Arizona State, Boston U, Columbia, Miami U, Michigan State, Binghamton, Texas A&M, UGA, Michigan, Minnesota, UT-Austin and Wharton.