Colleges with Actuarial Programs
There are many actuarial science programs to choose from at a variety of colleges and universities. While there are advantages to attending such programs, you should know that you don't have to major in actuarial science to become an actuary, nor is an advanced degree required. Many students come to the profession from backgrounds in math, statistics, finance, economics and other areas. However, potential actuaries all seem to have a couple of key things in common an interest in, and an aptitude for, math and a desire to put math skills to use in a business context.
To earn an actuarial credential, you must complete a series of actuarial examinations, e-Learning components and other requirements through an actuarial membership organization such as the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). The path you choose to become an actuary depends somewhat on your learning style. If you are comfortable with self-study and believe you can stay motivated on your own, you are free to study the recommended material and attempt the actuarial exams and other components on your own. That works well for many people. However, you may find it easier to prepare for the actuarial exams within a university setting, and in particular, within an actuarial science program or math/statistics/business program with an actuarial concentration.
An Actuarial College List is available to help you make the make the right decision. The colleges on the list are organized into six categories:
- Centers of Actuarial Excellence
- Undergraduate Introductory
- Undergraduate Advanced
- Graduate Education
- Graduate Education and Research
- Other - Offers some courses relating to actuarial science
The schools provide the information that appears on the college list, but only the Centers of Actuarial Excellence schools have had their information verified.