After becoming a formal mathematical discipline sometime in the 17th century, actuarial science was used for the insurance companies to analyse statistics pertinent to determining the risks of actually insuring certain individuals and large companies. With the rise of computers and financial software, the need for actuaries is still great so it would benefit anyone interested in entering the insurance industry to find a top university for actuarial science and register for classes to further their career goals.
Ball State University
Considered to be one of the top universities in the U.S. for actuarial science because of its mathematical class that teaches the science in great detail, Ball State University is located in Muncie Indiana. This American university hands out bachelor of science degrees to all students that complete the required 59 hours of classes that include "Intro to math of science", "Calculus 2", "General physics 1" and "Principles of Risk Management and Insurance."
Ball State University Mathematical Sciences Robert Bell Building (RB), room 465 Muncie, IN 47306 765-285-8640 cms.bsu.edu
Situated in Des Moines Indiana, Drake University includes a highly detailed actuarial science program that has been designated as a centre of actuarial excellence by the Society of Actuaries. This distinction has been given out to only nine schools in the U.S., including Drake University and this college allows 300 students per year to enrol in its actuarial science course. Bachelor of Science degrees are given out to students that major in insurance concentration, accounting/actuarial science as well as information systems when they complete all hours required of them after enrolling in the actuarial science program.
Drake University Aliber Hall 2507 University Ave. Des Moines, IA 50311-4505 515-271-3142 drake.edu
Otterbein College mandates that all its graduating actuarial science majors pass a series of rigorous examinations that are given by the Society of Actuaries before leaving this Ohio university. The actuary science program that students can sign up for include specific studies on how to estimate mathematical formulas that can pinpoint exact risks of insuring both individuals and private companies. Other course studies include information system structures as they pertain to insurance risk as well as economic statistical research.
Otterbein College One Otterbein College Westerville, OH 43081 614-890-3000 otterbein.edu
As one of the top universities in the country that give out Bachelors of Science degrees to its graduating students enrolled in the actuarial science program, Roosevelt University designs its actuarial class around the Society of Actuaries exact standards. This dedication to conforming its actuary program to the required certification rules insures that graduating students of Roosevelt University will be able to find work in the insurance field with a higher rate of success than the average student at other universities. Required classes to graduate with a actuary science degree include linear algebra, calculus 1,2 and 3, financial mathematics and pre-calculus.
Roosevelt University 430 S. Michigan Ave. Chicago, IL 60605 312-341-3500 legacy.roosevelt.edu