When choosing a major in an American university, many people who plan to apply for graduate school in the United States will choose some high-paying or popular majors to apply. For those who plan to apply for an actuarial major in an American university, what information should you know? To help you choose the major and direction of an American university? Let’s take a look at some information about the application requirements for actuarial majors in American universities.
The Society of Actuaries of North America (SOA) is the largest and most influential actuarial association in the world. The North American Actuaries it organizes is also the most authoritative actuarial certification in the world. Therefore, actuarial education, led by the United States and Canada, is also in a leading position in the world. The best school for actuarial science in Canada is the University of Waterloo. The school mainly focuses on actuarial theory research. There are the following 27 schools with actuarial orientation for graduate students in the United States, including 20 in the east and 7 in the west (the following are ranked in no particular order).
The schools in the eastern United States that have actuarial graduate students are:
1. University of Connecticut, a public comprehensive ranking of 57th in the University of Connecticut
2. Bank Street College Bank Street Education College (New York)
3.Temple University Temple University (Philadelphia) Public comprehensive ranking 36 Fees $2.50k Application deadline March 1st
4.Illinois Institute Of Technology No. 108 in the private comprehensive ranking of Novo Institute of Technology, with a fee of 3.8 million dollars
5. Ball State University, Ball State University, 181 in the public comprehensive ranking, Muncie, Indiana
6. Illinois State University, Illinois The tuition fee for public Midwestern state universities is $1.30,000. The deadline is April 1st
7.Kutztown University Of Pennsylvania. The public comprehensive ranking of Kutztown University of Pennsylvania is 118th.
8.Georgia State University Georgia State University, Atlanta’s public ranking is 130th
9. University of Michigan, Michigan’s public ranking is 17th, Ivy League
10. Boston University, Boston University’s private ranking is 40th, Patriot League fee is $60,000 TOEFL 100 GRE1650 GPA3.0
11.Mount Mary College The western part of Mount Mary College seems to be quite poor
12.Columbia University
13.Metropolitan College Of New York Metropolitan College of New York seems to be pretty bad
14. George Mason University, George Mason University’s comprehensive public ranking is 138
15. Ohio State University, Ohio State University’s comprehensive public ranking is 34, TOEFL 100 GMAT690
16.University of Wisconsin – Madison University of Wisconsin – Madison is ranked 19th in the world
17.Eastern Michigan University Eastern Michigan University is ranked 80th in the Midwest
18.DePaul University DePaul University Private Midwest Comprehensive Ranking 121
19. University of Central Florida Comprehensive Ranking 170 of the University of Central Florida
20. Roosevelt University Roosevelt University Midwest 78 TOEFL Requirements are Very Low
The schools in the western United States that have actuarial graduate students are:
1. University of Minnesota – Duluth seems to be quite poor
2. University of Iowa University of Iowa Comprehensive Ranked 73 in a small town in Iowa
3. University of Texas at Austin University of Texas at Austin ranked 47 overall Deadline December 1
4. Oregon State University Russia
Oregon State University is ranked 57 overall
5.Abraham Lincoln University
6.University of Nebraska – Lincoln University of Nebraska-Lincoln is ranked 93
7. University of Arizona The University of Arizona’s overall ranking is 119
Actuarial science is a relatively biased or niche subject. As for school selection, everyone who applies to choose a school in North America basically relies on the SOA list. , the list is very user-friendly and the categories are relatively detailed.
Most actuarial majors in schools in the United States focus on a certain aspect of application. For example, some Wisconsin-Madison programs focus on the application of actuarial science in the financial field, especially derivatives. Some schools focus on the application of actuarial science in medical insurance. Therefore, the ranking in the actuarial direction is meaningless.
What are the ways to apply for the actuarial major in American universities?
The first is the actuarial department of a traditional life insurance company. The second is reinsurance companies and non-life insurance companies. The third is certain positions in commercial banks, such as credit card floating credit design. The fourth is HR consulting and actuarial consulting companies. The fifth is investment banking research departments. The first is the traditional actuarial market demand, and the market has gradually become saturated and the competition is very fierce. The demands of the latter several industries are still in the process of development and will form a large market in the future.
To apply for the actuarial major, should I take the GRE or the GMAT?
Many actuarial programs are offered under the School of Mathematics and require GRE scores instead of GMAT scores. However, actuarial science is in an awkward position. Many schools do not have strong requirements for G, although There is no requirement, but it is always better than nothing. In short, in my opinion, taking the GRE instead of the GMAT has more advantages than disadvantages when applying for financial engineering or actuarial projects.