Master’s Degrees in Actuarial Science
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Education Levels of Actuarial Science Majors
In 2018-2019, 432 master's degrees were awarded to actuarial science majors. This makes it the 36th most popular master's degree program in the country.
The following table shows the number of diplomas awarded in actuarial science at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,633 |
| Master’s Degree | 432 |
| Basic Certificate | 57 |
| Graduate Certificate | 6 |
| Undergraduate Certificate | 4 |
Earnings of Actuarial Science Majors With Master’s Degrees
At this time, we do not have the data to estimate the median earnings for this class of people.
Student Debt
The data on debt ranges for actuarial science majors who have their master's degree is not available.
Student Diversity
More men than women pursue master's degrees in actuarial science. About 56.0% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 242 |
| Women | 190 |
The racial-ethnic distribution of actuarial science master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 35 |
| Black or African American | 2 |
| Hispanic or Latino | 1 |
| White | 41 |
| International Students | 338 |
| Other Races/Ethnicities | 15 |
Most Popular Actuarial Science Programs for Master’s Degrees
There are 24 colleges that offer a master’s degree in actuarial science. Learn more about the most popular 20 below:
Carnegie Mellon University tops the list of the most popular school in the U.S. for actuarial science majors who are seeking their master's degree. Each year, around 14,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $55,816 per year, while in-state graduate students, on average, pay $45,037 per year.
During the 2018-2019 academic year, 95 people received their master's degree in actuarial science from Carnegie Mellon. Around 5% of these students were from an underrepresented racial-ethnic group, and 39% were women.
The 2nd most popular school in the country for actuarial science majors who are seeking their master's degree is Columbia University in the City of New York. Each year, around 31,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $57,763 per year, while in-state graduate students, on average, pay $47,600 per year.
During the 2018-2019 academic year, 88 people received their master's degree in actuarial science from Columbia. Around 7% of these students were from an underrepresented racial-ethnic group, and 61% were women.
The 3rd most popular school in the country for actuarial science majors who are seeking their master's degree is University of California - Los Angeles. Each year, around 44,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $11,442 per year, while in-state graduate students, on average, pay $11,442 per year.
During the 2018-2019 academic year, 84 people received their master's degree in actuarial science from UCLA. About 35% of this group were women, and 4% were students from an underrepresented racial-ethnic group.
The 4th most popular school in the country for actuarial science majors who are seeking their master's degree is Boston University. Roughly 34,600 attend the school each year. The average in-state tuition for full-time undergraduates is $54,720 per year, while in-state graduate students, on average, pay $54,720 per year.
The actuarial science program at Boston University awarded 39 master's degrees during the 2018-2019 school year. About 41% of this group were women, and 13% were students from an underrepresented racial-ethnic group.
The 5th most popular school in the country for actuarial science majors who are seeking their master's degree is Georgia State University. Roughly 34,300 attend the school each year. The average in-state tuition for full-time undergraduates is $7,158 per year, while in-state graduate students, on average, pay $7,164 per year.
For the 2018-2019 academic year, 32 master's degrees were handed out to actuarial science majors at Georgia State. Around 12% of these students were from an underrepresented racial-ethnic group, and 44% were women.
University of Illinois at Urbana-Champaign is the 6th most popular school in the nation for students seeking a master's degree in actuarial science. Each year, around 49,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,188 per year, while in-state graduate students, on average, pay $14,997 per year.
For the 2018-2019 academic year, 15 master's degrees were handed out to actuarial science majors at UIUC. About 27% of this group were women, and 7% were students from an underrepresented racial-ethnic group.
University of California - Santa Barbara is the 7th most popular school in the nation for students seeking a master's degree in actuarial science. Roughly 25,900 attend the school each year. The average in-state tuition for full-time undergraduates is $11,442 per year, while in-state graduate students, on average, pay $11,442 per year.
During the 2018-2019 academic year, 14 people received their master's degree in actuarial science from UCSB. About 50% of this group were women, and 36% were students from an underrepresented racial-ethnic group.
The 8th most popular school in the country for actuarial science majors who are seeking their master's degree is Temple University. Roughly 39,700 attend the school each year. The average in-state tuition for full-time undergraduates is $16,080 per year, while in-state graduate students, on average, pay $16,956 per year.
The actuarial science program at Temple University awarded 13 master's degrees during the 2018-2019 school year. Of these students, 77% were women and 8% were members of underrepresented racial-ethnic groups.
Ball State University comes in at #9 on our list of the most popular colleges offering master's degrees in actuarial science. Each year, around 21,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,358 per year, while in-state graduate students, on average, pay $8,850 per year.
The actuarial science program at Ball State University awarded 12 master's degrees during the 2018-2019 school year. About 33% of this group were women, and 25% were students from an underrepresented racial-ethnic group.
Maryville University of Saint Louis is the 10th most popular school in the nation for students seeking a master's degree in actuarial science. Roughly 9,100 attend the school each year. The average in-state tuition for full-time undergraduates is $26,070 per year, while in-state graduate students, on average, pay $14,346 per year.
The actuarial science program at Maryville University of Saint Louis awarded 10 master's degrees during the 2018-2019 school year. Of these students, 50% were women and 20% were members of underrepresented racial-ethnic groups.
The 11th most popular school in the country for actuarial science majors who are seeking their master's degree is The University of Texas at Dallas. Roughly 28,700 attend the school each year. The average in-state tuition for full-time undergraduates is $13,442 per year, while in-state graduate students, on average, pay $13,874 per year.
The actuarial science program at The University of Texas at Dallas awarded 9 master's degrees during the 2018-2019 school year. Of these students, 22% were women and 33% were members of underrepresented racial-ethnic groups.
The 12th most popular school in the country for actuarial science majors who are seeking their master's degree is DePaul University. The average in-state tuition for full-time undergraduates is $40,551 per year, while in-state graduate students, on average, pay $19,584 per year.
During the 2018-2019 academic year, 5 people received their master's degree in actuarial science from DePaul.
Ohio State University - Main Campus comes in at #13 on our list of the most popular colleges offering master's degrees in actuarial science. Roughly 61,100 attend the school each year. The average in-state tuition for full-time undergraduates is $10,197 per year, while in-state graduate students, on average, pay $11,560 per year.
The actuarial science program at Ohio State University - Main Campus awarded 4 master's degrees during the 2018-2019 school year. Of these students, 25% were women and 25% were members of underrepresented racial-ethnic groups.
The 13th most popular school in the country for actuarial science majors who are seeking their master's degree is University of Nebraska - Lincoln. Each year, around 25,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $7,560 per year, while in-state graduate students, on average, pay $5,976 per year.
During the 2018-2019 academic year, 4 people received their master's degree in actuarial science from UNL.
The 15th most popular school in the country for actuarial science majors who are seeking their master's degree is St John's University - New York. The average in-state tuition for full-time undergraduates is $41,378 per year, while in-state graduate students, on average, pay $28,569 per year.
During the 2018-2019 academic year, 3 people received their master's degree in actuarial science from STJ.
Lock Haven University comes in at #16 on our list of the most popular colleges offering master's degrees in actuarial science. The average in-state tuition for full-time undergraduates is $7,716 per year, while in-state graduate students, on average, pay $9,288 per year.
For the 2018-2019 academic year, 2 master's degrees were handed out to actuarial science majors at LHU.
University of Iowa is the 16th most popular school in the nation for students seeking a master's degree in actuarial science. Each year, around 31,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,073 per year, while in-state graduate students, on average, pay $10,079 per year.
During the 2018-2019 academic year, 2 people received their master's degree in actuarial science from Iowa. Of these students, 50% were women and 50% were members of underrepresented racial-ethnic groups.
Roosevelt University comes in at #18 on our list of the most popular colleges offering master's degrees in actuarial science. The average in-state tuition for full-time undergraduates is $30,876 per year, while in-state graduate students, on average, pay $20,858 per year.
For the 2018-2019 academic year, 1 master's degrees were handed out to actuarial science majors at Roosevelt.
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Related Majors
Below are some popular majors that are similar to actuarial science that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Management Science | 5,254 |
| Other Management Sciences & Methods | 5,088 |
| Business Statistics | 1,809 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By в±® under License
More about our data sources and methodologies.
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