Actuarial Science Master’s Degrees
There are 123 colleges and universities across the nation that offer amaster’s degree in Actuarial Science. In recent years, the majority of students earning degrees in this area were men, and about13% were students from underrepresented racial-ethnic groups. Also, 79.3% of Actuarial Science graduates were international students.
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Education Levels of Actuarial Science Majors
During the most recent year for which data is available, 1,363 people earned theirActuarial Science majors across all award levels. The following table shows the number of diplomas awarded in Actuarial Science at each degree level.
| Education Level | Number of Grads |
|---|---|
| Certificate | 1 |
| Bachelor’s Degree | 1,082 |
| Master’s Degree (this page) | 280 |
Earnings of Actuarial Science Majors With Master’s Degrees (All Award Levels)
Federal data tracks the median salary for graduates with amaster’s degree in Actuarial Science of $83,500 four years after graduation. These figures are reported program-wide, across all award levels.
This number may vary for many reasons. For instance, you may move to a location where people with your degree are rare and make more money.
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $88,001 |
| 4 years | $83,500 |
| 5 years | $95,189 |
Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker (program-wide, all award levels).
Student Debt (All Award Levels)
We do not have the data to estimate the median debt for graduates with this degree.
Student Diversity
This degree is more popular with male students. About 63.4% of graduates in this field are men.
| Gender | Number of Grads |
|---|---|
| Men | 147 |
| Women | 85 |
The racial-ethnic distribution of Actuarial Science graduates is as follows:
| Race / Ethnicity | Number of Grads | Share |
|---|---|---|
| White | 17 | 7.3% |
| Asian | 21 | 9.1% |
| Hispanic or Latino | 4 | 1.7% |
| Black or African American | 4 | 1.7% |
| Race Unknown | 2 | 0.9% |
| International Students | 184 | 79.3% |
This degree is very popular with international students. Around 79.3% of graduates are in this category.
See the minority definition in the References below.
Most Popular Actuarial Science Programs for Master’s Degrees
There are 168 colleges that offer a master’s degree in Actuarial Science. Learn more about the most popular below:
University of California-Los Angeles tops the list of the most popular schools in the U.S. for Actuarial Science majors seeking their master's degree. This school awarded 89 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Purdue University-Main Campus is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 71 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Illinois Urbana-Champaign is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 70 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Wisconsin-Madison is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 63 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Connecticut is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 52 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Ohio State University-Main Campus is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 51 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Nebraska-Lincoln is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 47 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of California-Santa Barbara is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 44 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Georgia State University comes in at #9 on our list of the most popular colleges offering master's degrees in Actuarial Science. During the most recent year for which we have data, 41 people received their master's degree in Actuarial Science from this school. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Florida State University comes in at #10 on our list of the most popular colleges offering master's degrees in Actuarial Science. During the most recent year for which we have data, 38 people received their master's degree in Actuarial Science from this school. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Temple University comes in at #11 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 32 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Georgia comes in at #12 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 31 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Michigan State University comes in at #13 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 26 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Pennsylvania State University-Main Campus comes in at #14 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 25 master's degrees in Actuarial Science in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
The University of Texas at Dallas comes in at #15 on our list of the most popular colleges offering master's degrees in Actuarial Science. During the most recent year for which we have data, 24 people received their master's degree in Actuarial Science from this school. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Drake University is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 22 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
Middle Tennessee State University comes in at #17 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 21 master's degrees in Actuarial Science in the most recent reporting year. Graduates who complete their master's degree in Actuarial Science here go on to a median salary of $40,669.
University of Iowa comes in at #18 on our list of the most popular colleges offering master's degrees in Actuarial Science. During the most recent year for which we have data, 21 people received their master's degree in Actuarial Science from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
CUNY Bernard M Baruch College is a popular choice for Actuarial Science majors seeking their master's degree. This school awarded 20 master's degrees in Actuarial Science in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of St Thomas comes in at #20 on our list of the most popular colleges offering master's degrees in Actuarial Science. This school awarded 20 master's degrees in Actuarial Science in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Explore Actuarial Science by State
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Related Majors
Below are some popular majors similar to Actuarial Science that also offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Management Science | 34,245 |
| Management Sciences and Quantitative Methods, Other | 21,232 |
| Business Statistics | 5,396 |
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 to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics (IPEDS)
- O*NET Online
- U.S. Bureau of Labor Statistics
- U.S. Department of Education College Scorecard
More about our data sources and methodologies.
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