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2022 Best Value Actuarial Science Schools for a Master’s

18 Ranked Colleges
435 Degrees Awarded
$30,200 Avg Grad Tuition & Fees*
Best Value Actuarial Science Schools for a Master's

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Actuarial Science Schools for a Master’s” ranking - to help you make that decision.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

At the master’s degree level specifically, there were 435 actuarial science graduates with average earnings and debt of $56,398 and $43,194 respectively.

For this year’s “Best Value Actuarial Science Schools for a Master’s” ranking, we looked at 18 colleges that offer a degree in actuarial science. Not only do the schools that top this list have excellent actuarial science programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the actuarial science program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Actuarial Science Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools for a Master’s” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Actuarial Science Schools for a Master’s

The following schools top our list of the Best Best Value Actuarial Science Schools for a Master’s.

Top 18 Best Value Master’s Degree Colleges for Actuarial Science

#1

Maryville University of Saint Louis

Saint Louis, Missouri
#13 in overall quality

Out of the 18 schools in the Best Value Actuarial Science Schools for a Master’s that were part of this year’s ranking, Maryville University of Saint Louis landed the #1 spot on the list. Located in Saint Louis, Missouri, this fairly large private not-for-profit school handed out 18 degrees to qualified masters’s actuarial science students in 2019-2020.

Maryville U not only placed well in this ranking. It is also #13 on our “Best Actuarial Science Master’s Degree Schools” list. Average graduate tuition and fees at Maryville U are $15,696, but some majors have different tuition rates.

Full Maryville University of Saint Louis Actuarial Science Report

#5 in overall quality

Out of the 18 schools in the Best Value Actuarial Science Schools for a Master’s that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. This large school is located in Champaign, Illinois, and it awarded 24 masters’s actuarial science degrees in 2019-2020.

UIUC also took the #5 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read full report on Actuarial Science at UIUC

#11 in overall quality

You’ll be in good company if you decide to attend University of Nebraska - Lincoln. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Master’s list. UNL is a public institution located in Lincoln, Nebraska. The school has a large population, and it awarded 3 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UNL, the school also landed the #11 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UNL are $19,513.

Read more about Actuarial Science at UNL

#4

University of California - Los Angeles

Los Angeles, California
#2 in overall quality

Out of the 18 schools in the Best Value Actuarial Science Schools for a Master’s that were part of this year’s ranking, University of California - Los Angeles landed the #4 spot on the list. UCLA is a public institution located in Los Angeles, California. The school has a large population, and it awarded 81 masters’s degrees in 2019-2020.

In addition to being on our master’s degree actuarial science students list, UCLA has also earned the #2 rank in our “Best Actuarial Science Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of California - Los Angeles are $28,131.

Read full report on Actuarial Science at UCLA

#5

University of Iowa

Iowa City, Iowa
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Iowa. The school came in at #5 for the Best Value Actuarial Science Schools for a Master’s. This large school is located in Iowa City, Iowa, and it awarded 6 masters’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at Iowa, the school also landed the #7 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at Iowa are $27,613, but some majors have different tuition rates.

Read full report on Actuarial Science at University of Iowa

#6 in overall quality

With a ranking of #6, Arizona State University - Tempe did quite well on the 2022 Best Value Actuarial Science Schools for a Master’s list. This large school is located in Tempe, Arizona, and it awarded 2 masters’s actuarial science degrees in 2019-2020.

ASU - Tempe not only placed well in this ranking. It is also #6 on our “Best Actuarial Science Master’s Degree Schools” list. Average graduate tuition and fees at Arizona State University - Tempe are $27,048, but you may pay more or less depending on your major.

Full ASU - Tempe Actuarial Science Report

#8 in overall quality

The University of Texas at Dallas ranked #7 on this year’s Best Value Actuarial Science Schools for a Master’s list. This large school is located in Richardson, Texas, and it awarded 10 masters’s actuarial science degrees in 2019-2020.

UT Dallas not only placed well in this ranking. It is also #8 on our “Best Actuarial Science Master’s Degree Schools” list. Average graduate tuition and fees at UT Dallas are $28,610, but some majors have different tuition rates.

Read more about Actuarial Science at The University of Texas at Dallas

#8

DePaul University

Chicago, Illinois
#14 in overall quality

With a ranking of #8, DePaul University did quite well on the 2022 Best Value Actuarial Science Schools for a Master’s list. Located in Chicago, Illinois, this large private not-for-profit school handed out 3 diplomas to qualified masters’s actuarial science students in 2019-2020.

DePaul also made our “Best Actuarial Science Master’s Degree Schools” list, coming in at #14. Although you might pay more or less depending on your area of study, average graduate tuition and fees at DePaul University are $19,760.

Full DePaul University Actuarial Science Report

#9

Temple University

Philadelphia, Pennsylvania
#10 in overall quality

Temple University did quite well in the 2022 Best Value Actuarial Science Schools for a Master’s ranking, coming in at #9. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 6 students in 2019-2020.

As a testament to the quality of education offered at Temple, the school also landed the #10 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at Temple are $24,236, but some majors have different tuition rates.

Read more about Actuarial Science at Temple University

#10

Ball State University

Muncie, Indiana
#16 in overall quality

Ball State University did quite well in the 2022 Best Value Actuarial Science Schools for a Master’s ranking, coming in at #10. Ball State University is located in Muncie, Indiana and, has a large student population. In 2019-2020, this school awarded 4 masters’s actuarial science degrees to qualified students.

Ball State also made our “Best Actuarial Science Master’s Degree Schools” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ball State are $26,204.

Read more about Actuarial Science at Ball State

#11

Lock Haven University

Lock Haven, Pennsylvania
#18 in overall quality

Lock Haven University ranked #11 on this year’s Best Value Actuarial Science Schools for a Master’s list. Lock Haven, Pennsylvania is the setting for this small institution of higher learning. The public school handed out masters’s actuarial science degrees to 4 students in 2019-2020.

LHU did well in our major quality rankings, too. It placed #18 on our “Best Actuarial Science Master’s Degree Schools” list. Average graduate tuition and fees at Lock Haven University are $17,379, but you may pay more or less depending on your major.

Full LHU Actuarial Science Report

#12

University of California - Santa Barbara

Santa Barbara, California
#12 in overall quality

University of California - Santa Barbara came in at #12 in this year’s edition of the Best Value Actuarial Science Schools for a Master’s ranking. Santa Barbara, California is the setting for this large institution of higher learning. The public school handed out masters’s actuarial science degrees to 17 students in 2019-2020.

As a testament to the quality of education offered at UCSB, the school also landed the #12 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at UCSB are $28,670, but you may pay more or less depending on your major.

Read more about Actuarial Science at UCSB

#13

Georgia State University

Atlanta, Georgia
#17 in overall quality

With a ranking of #13, Georgia State University did quite well on the 2022 Best Value Actuarial Science Schools for a Master’s list. Georgia State is a large public school situated in Atlanta, Georgia. It awarded 21 masters’s actuarial science degrees in 2019-2020.

Georgia State also took the #17 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at Georgia State are $24,790, but you may pay more or less depending on your major.

Read full report on Actuarial Science at Georgia State University

#9 in overall quality

Ohio State University - Main Campus came in at #14 in this year’s edition of the Best Value Actuarial Science Schools for a Master’s ranking. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 8 masters’s degrees in 2019-2020.

Ohio State not only placed well in this ranking. It is also #9 on our “Best Actuarial Science Master’s Degree Schools” list. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.

Read full report on Actuarial Science at Ohio State

#15 in overall quality

St John’s University - New York did quite well in the 2022 Best Value Actuarial Science Schools for a Master’s ranking, coming in at #15. This large school is located in Queens, New York, and it awarded 12 masters’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at STJ, the school also landed the #15 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at STJ are $30,666.

Full STJ Actuarial Science Report

#16

Carnegie Mellon University

Pittsburgh, Pennsylvania
#1 in overall quality

With a ranking of #16, Carnegie Mellon University did quite well on the 2022 Best Value Actuarial Science Schools for a Master’s list. Carnegie Mellon is a fairly large private not-for-profit school situated in Pittsburgh, Pennsylvania. It awarded 96 masters’s actuarial science degrees in 2019-2020.

Carnegie Mellon did well in our major quality rankings, too. It placed #1 on our “Best Actuarial Science Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Carnegie Mellon University are $47,326.

Read more about Actuarial Science at Carnegie Mellon

#3 in overall quality

Columbia University in the City of New York ranked #17 on this year’s Best Value Actuarial Science Schools for a Master’s list. New York, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s actuarial science degrees to 80 students in 2019-2020.

Columbia also made our “Best Actuarial Science Master’s Degree Schools” list, coming in at #3. Average graduate tuition and fees at Columbia are $51,194, but you may pay more or less depending on your major.

Full Columbia University in the City of New York Actuarial Science Report

#18

Boston University

Boston, Massachusetts
#4 in overall quality

With a ranking of #18, Boston University did quite well on the 2022 Best Value Actuarial Science Schools for a Master’s list. Boston University is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 38 masters’s degrees in 2019-2020.

Boston U also took the #4 spot in our “Best Actuarial Science Master’s Degree Schools” ranking. Average graduate tuition and fees at Boston University are $57,666, but you may pay more or less depending on your major.

Read more about Actuarial Science at Boston U

Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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