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Actuarial Science in Michigan

Actuarial Science Schools in Michigan

In 2022-2023, 57 students earned their Actuarial Science degrees in MI.

An Actuarial Science major is the 253rd most popular major in this state.

Education Levels of Actuarial Science Majors in Michigan

Actuarial Science majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 56
Post-Master’s Certificate 1
Postbaccalaureate Certificate 1

Gender Distribution

In Michigan, a actuarial science major is more popular with men than with women.

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Racial Distribution

The racial distribution of actuarial science majors in Michigan is as follows:

  • Asian: 7.0%
  • Black or African American: 1.8%
  • Hispanic or Latino: 7.0%
  • White: 73.7%
  • Non-Resident Alien: 7.0%
  • Other Races: 3.5%
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Jobs for Actuarial Science Grads in Michigan

There are 2,350 people in the state and 201,030 people in the nation working in actuarial science jobs.

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Wages for Actuarial Science Jobs in Michigan

A typical salary for a actuarial science grad in the state is $95,120, compared to a typical salary of $103,330 nationwide.

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There are 9 colleges in Michigan that offer actuarial science degrees. Learn about the most popular 9 below:

23 Degrees in Major Awarded
82% Graduation Rate
49,695 Total Students

Students enjoy a student to faculty ratio of 17 to 1. The full-time teacher rate is 86%. A typical student attending Michigan State will pay a net price of $19,449.

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#2

Central Michigan University

Mount Pleasant
17 Degrees in Major Awarded
64% Graduation Rate
17,311 Total Students

The average student takes 4.65 years to complete their degree at Central Michigan. This public college charges it's students an average net price of $14,630. Students enjoy a student to faculty ratio of 17 to 1.

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#3

Oakland University

Rochester Hills
12 Degrees in Major Awarded
56% Graduation Rate
18,552 Total Students

Seeking financial aid? At this school, 100% of students receive it. Of all the teachers who work at the school, 54% are considered full time. Students enjoy a student to faculty ratio of 17 to 1.

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7 Degrees in Major Awarded
59% Graduation Rate
11,165 Total Students

Most students complete their degree in 4.51 years. Seeking financial aid? At this school, 97% of students receive it. 72% of the teachers are full time.

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7 Degrees in Major Awarded
38% Graduation Rate
6,829 Total Students

13 to 1 is the student to faculty ratio. The average student takes 4.78 years to complete their degree at UM Flint. This public college charges it's students an average net price of $10,658.

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3 Degrees in Major Awarded
47% Graduation Rate
16,294 Total Students

This public college charges it's students an average net price of $15,472. 96% of students are awarded financial aid at this school. Students enjoy a student to faculty ratio of 14 to 1.

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2 Degrees in Major Awarded
55% Graduation Rate
8,783 Total Students

Most students complete their degree in 4.75 years. The student to faculty ratio is 16 to 1. Of all the students who attend this school, 93% get financial aid.

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#7

Olivet College

Olivet
2 Degrees in Major Awarded
49% Graduation Rate
1,023 Total Students

This private institution charges an average net price of $21,944. The average student takes 4.31 years to complete their degree at Olivet. Seeking financial aid? At this school, 100% of students receive it.

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#9

Albion College

Albion
1 Degrees in Major Awarded
68% Graduation Rate
1,506 Total Students

Students who attend this private institution pay an average net price of $17,331. The average student takes 4.15 years to complete their degree at Albion. The full-time teacher rate is 82%.

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Actuarial Science Careers in MI

Some of the careers actuarial science majors go into include:

Job Title MI Job Growth MI Median Salary
Actuaries 27% $80,350
Insurance Underwriters -5% $65,450

Below are some popular majors in the state that are similar to actuarial science.

Major Annual Graduates in MI
Management Science 415
Other Management Sciences & Methods 291
Business Statistics 37

View all majors related to Actuarial Science

View Nationwide Actuarial Science Report

References

More about our data sources and methodologies.

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