We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

How do I Choose the Best Actuarial University?

By N. Kalu
Updated May 17, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

The best actuarial university is one that possesses a program which teaches students the core skills necessary to succeed as a professional actuary. Having a strong base in mathematics and expecting its students to master the basics of statistics and other higher level math subjects, such as linear algebra, is a good sign of a legitimate actuarial university. The top actuarial institutions of study also emphasize accounting skills. Your best bet for an actuarial program will include a career advising component and helps you build the communication and job interviewing skills needed to secure a job in the field.

Mathematics is the basis of every actuary's job because the primary job responsibility is calculating risk for corporate entities. Any actuarial university program that you are considering should require students to take a significant amount of mathematics courses before graduation. Standard math courses include linear algebra, differential equations, and financial mathematics. These classes are very challenging but necessary if you wish to be successful in your program and obtain a good job after graduation.

One of the most important mathematics class you will take as a student of the actuarial sciences is statistics. The best actuarial programs include a variety of statistics courses to prepare their students for the tough probability modeling and financial analysis that they will perform for companies. Taking advanced statistics courses are the norm rather than the exception for actuarial university students, and may include topics such as regression, probability, time series, and data analysis.

Being able to produce and decipher an accounting ledger is another responsibility of an actuary. The best actuarial programs will teach students proper accounting skills because understanding the accounting measures a company has taken in the past is essential to determine risk. Programs usually require that students take at least one advanced level course in accounting before graduating. Topics that your accounting class may cover include accounting theory and pension mathematics.

Companies look to hire actuarial students who not only have solid math skills but also have competent communication skills. The actuary does not always work alone, and must be able to communicate his or her analysis and findings to coworkers and superiors. Presenting work to others in a company requires that the actuary knows how to condense difficult, complex topics into manageable and easy to understand summaries. Outstanding actuarial universities will provide seminars, courses, or lectures that show students how to effectively communicate within a business environment.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.