I plan on going into acturial science in the future but I don’t want to limit myself now so I wanted to apply as a math major.
Anyone know good schools for people who was to major in math in the New England area. I’m looking for schools that are top schools but not ivies. Any help would be greatly appreciated.
If you want to be an actuary, there are a series of exams that you have to pass. A lot of jobs like their new actuaries to have passed at least one exam by the time they start. The Society of Actuaries maintains a list of colleges and universities that have programs/coursework that prepare students for the first 1-2 exams. There are the Colleges of Actuarial Excellence, which meet special requirements, and then there are other good programs. Note that most of these programs aren’t actually actuarial science majors - in fact, I think at most places you’d have to major in math or statistics. But they do have the coursework you need to study for the exam.
The list is here: https://www.soa.org/Education/Resources/actuarial-colleges/actuarial-college-listings-details.aspx
In the Northeast, Centers for Actuarial Excellence are Penn State, Temple, St. John’s University, UConn, and Towson. Other actuarial programs exist at Arcadia University, CUNY-Baruch College, Bentley University, SUNY-Binghamton, Boston U, CUNY-Brooklyn College, Columbia, George Mason, McGill (in Quebec), NJIT, Siena College, SUNY-Fredonia, SUNY-Albany, and University of Vermont. (There are a couple more in the Northeast and Quebec that I didn’t name, and of course many in other regions of the country).
Of course, you don’t have to go to any of those colleges. You just need to go to a college that has a good solid math department, and potentially one where you can also take classes in business and finance. the SOA suggests that aspiring actuaries take these classes in college:
Three semesters of calculus
Two semesters of calculus-based probability and statistics
Two semesters of economics
One or two semesters of corporate finance
A course in business communication
A variety of liberal arts
There are a variety of strong schools in the Northeast that will allow you to complete that coursework. Might be helpful to know your stats and what kind of school you’re looking for (big, small, urban, rural, etc.)
http://www.beanactuary.com has additional information.
Somewhere on the one of these web sites, you can look up each school’s courses that fulfill the VEE (validation by educational experience) courses. Of course, these are not the only courses you will want to take to prepare for actuarial exams and careers.
I was thinking either Rutgers, Penn State, or NYU? Anyone know how good these universities are for this.I know they all have clubs and groups that help set up you up to be an actuary?
They would all be fine. But can you afford them? NYU is >70K/year now.
Yeah I only plan on going to NYU if I am given a decent amount of aid, I’ll most probably go to Rutgers since I live in New Jersey.
There’s nothing wrong with Rutgers for net cost / math.
What is your typical EFC when you run the Net Price Calculators? Can you afford the EFC?
Honestly money is not really a problem for me but it’s just nyu which is kinda out of my price range. I just wanted some names of schools which are top schools but not ivies because I couldn’t really find many online. I have a 2200+ sat and 3.5 gpa if that helps?
Boston U, Brandeis, Northeastern, Rensselaer, U Rochester, Stevens Tech.