7 Best Colleges for Actuarial Science – Find Out Latest Ranking in 2025

This article explores the 7 best colleges for actuarial science according to the latest ranking in 2025. Read on to start your studies at the prestigious institute of your choice.

In this business-oriented world, assessing risks and predicting finances have become more crucial than ever. Due to its high demand, the field of actuarial science is booming, using its mathematical methods to minimise financial risks. Students interested in finance and insurance industries often search for the best colleges for actuarial science.

Business Research Insights states that the market size of actuarial services reached $23.62 billion in 2024, which will further grow with a 4.8% CAGR within the forecasted period 2025 to 2033 reaching approximately $35.23 billion by 2033.

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Looking at its growing size, if you are also passionate about becoming a skilled actuary and starting a successful career in this field, you should first pick the right college to make a difference. In this article, we will share some of the best colleges for actuarial science to help you pick the highly ranked institute in 2025.

A List of the 7 Best Colleges for Actuarial Science in 2025

Whether you have strong problem-solving skills, love to understand statistical concepts, or are interested in risk management, actuarial science is the best field for you. However, to start a professional career in it, you need to select the best college for study and practice. While studying actuarial science, whenever you get stuck with a pile of assignments, you should seek help from a UK-based assignment writing service. They not only streamline your burden but also make your assignments more professional and winning.

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While searching for the latest rankings, we found the following 7 best colleges for actuarial science with the best facilities available.

1. University of Pennsylvania (Philadelphia, PA)

It is the most prominent university in the nation because it provides one of the most prominent actuarial science programs. You can succeed in actuarial science if you receive a lot of instruction in data analysis and financial modeling.

Based on the Edurank rankings, the University of Pennsylvania comes on the top being the number 1 in the whole US for actuarial science degrees. It has a 6% acceptance rate, and 62% of students get financial help from the college. Although it is a private institute, it is known as a not-for-profit.

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This is why you should choose UPenn for the actuarial science program:

• Highly Competitive Program: It attracts high-level students with strong analytical skills because it offers a very competitive program.
• Industry links:  It also collaborates with top financial and insurance companies.
• Good Exam Pass Rates: At UPenn, most students routinely receive high marks on actuarial exams.
• Career & Internship Support: It also offers you a strong alumni network that can provide beneficial job opportunities.

2. New York University (New York, NY)

A complete, thorough actuarial science program is provided by New York University to help you against challenges that you face in the insurance and finance industries. It also offers you great networking and internship possibilities.

According to the College Factual, NYU is a private university that got 16th position among the 2152 best colleges in the US. Due to this, it is also included in the list of the best colleges for actuarial science.

The following are some reasons that make NYU a top choice for you:

• Excellent Location: It is located in the American financial center, which can provide easy access to leading industries.
• Advanced Curriculum: It mainly highlights the use of big data and artificial intelligence in risk evaluation.
• Strong Career Placement: It can be a great source of job opportunities as many graduates obtain jobs in international financial industries.

3. University of Wisconsin-Madison (Madison, WI)

Actuarial science was started at the University of Wisconsin Madison. It is also regarded as a pioneer in actuarial education because it provides a complete combination of theory and practice. The strong support networks and active student organisation help you and promote a cooperative learning environment.

Following are some reasons to choose this university among the best colleges for actuarial science:

• Premium Certification: It is one of the premium universities as the Society of Actuaries has designated this institution as a center of Actuarial excellence.
• Strong Faculty: In this institute, all the faculty members have practical backgrounds in the insurance and financial sectors.
• Comprehensive Exam Prep: It provides a thorough exam preparation so you to get high grades in actuarial certification exams.

4. University of Georgia (Athens, GA)

The University of Georgia can provide you with a combination of actuarial science with business, economics, and risk, and this institute is well known for its multidisciplinary approach. It can provide strong relationships with the insurance sector, and you can get several options for internships and jobs, which improves your learning. So, if you want to save yourself from failure and achieve success in actuarial science, you can choose this prestigious institute in 2025.

The following are some reasons to make the University of Georgia stand out among the best colleges for actuarial science.

• Diverse Curriculum: It can discuss regularly both new financial technologies and traditional actuarial techniques.
• Scholarships & Fellowship: If you are a good student, it may help you by providing scholarships and fellowship.
• Practical Education: UGA also can create opportunities for you to get internships with top consulting and insurance companies.

5. University of Waterloo

Among the top-ranked colleges for actuarial science, it comes at the 2nd position in Canada. Based on the University of Waterloo facts about this Department of Actuarial Science and Statistics, it has 70 members as full-time professors educating about 2000 undergraduate students coming from around the globe with 200 students enrolling in graduate or doctoral programs. It also offers students work experience through its cooperative education (co-op) program, which makes graduates extremely marketable.

The following are some reasons to study actuarial science at Waterloo.

• Co-op Program: It provides an opportunity for students to get practical experience in the field by working with top finance and insurance companies, which also paves a path for future job openings and networking.
• Successful Exams: This University believes in preparing students before exams to get a high exam success rate and achieve well-deserved actuarial certifications as a result.
• Research & Innovation: The availability of cutting-edge courses in data analytics and risk management provides access to innovative research in the field.

6. University of Texas at Dallas

A comprehensive actuarial science curriculum that combines all the relevant fields like technology, finance, and mathematics is available at the University of Texas at Dallas. This program mainly focuses on real-world applications that help students get ready for employment in risk management and actuarial tests.

This is why you should study actuarial science at UT Dallas:

• Comprehensive Study: It offers a thorough curriculum that covers all the important actuarial issues, mathematical solutions, and statistical approaches.
• Technical Skills: This college helps you to focus on data analysis and programming side by side, preparing you for a highly competitive market.
• Excellent Faculty & Mentorship: Skilled instructors with backgrounds in statistics and actuarial science are always ready to assist students.
• Location Advantage: Easy access to Texas’s main financial centers for employment prospects.

7. University of California – Los Angeles

According to Universities.com, it is a public institute offering 1 basic actuarial science curriculum for students looking for a stable career in decision-making by using statistical figures. This is the reason the University of California, Los Angeles (UCLA) combines all the relevant subjects in actuarial science, including financial theory, statistical methods, and mathematics.

Furthermore, their dynamic and varied learning environment helps students get ready for the many facets of the actuarial profession, making it to add to our list of the best colleges for actuarial science.

The following are some key elements that make UCLA a great option:

• Various Career Paths: Students who graduate from this college in actuarial science get a chance to work in tech-driven financial companies, insurance, and consultancy firms.
• Qualified Staff: The Professors of this college are highly expert in actuarial science with a keen interest in research and a wealth of industry expertise.
• Support from Alumni & Networking: Students who have a large professional network are better able to find employment.

Conclusion

No doubt, starting a career in actuarial science demands students to choose the right institute as the first step in this journey. Among the variety of options available, students mostly struggle with finding the best for them. To assist you in this regard, here, we have covered the top 7 colleges for actuarial science from which you can choose an ideal one. It will not only help you to learn the concepts of actuarial science with excellence but also provide support in establishing a stable career.

Additionally, students becoming actuaries often struggle with difficult mathematical calculations, which makes them consult expert assignment writing firms. Their professionals help students learn all the methods with great ease and write effective assignments on time. So, whether you prefer a financial situation, a prime location, or a perfect learning environment, you will get all those colleges here. You just need to select a college according to your goals and take a step towards a successful actuarial career.

Author Bio:

Jennine A. Crafton is a professional assignment writer, especially excelling in the finance and insurance sectors, assisting people to reduce the risk factors in their businesses. She has a strong background in actuarial science, which makes her help students to choose the best college. She also assists students in dealing with difficult assignments with excellence.