The 18 Best Bachelor’s in Actuarial Science Online

Are you good with numbers?

Can you picture yourself working alongside powerful businesses to help defend them against financial risks and downfalls?

Would you like a profession that provides a high level of job security and a fabulous salary?

If so, then a Bachelor’s in Actuarial Science is the way to go! Not only that, but an actuarial science degree online provides a massive amount of flexibility that allows you to complete your program on your own time.

Earning a Bachelor’s in Actuarial Science degree is a great way to develop the skills and knowledge needed to be a successful professional in the field of actuarial science. With this degree, you will learn how to use mathematical and statistical methods to analyze and manage risk and to determine strategies for insurance companies and other financial organizations.

You’ll also have the opportunity to specialize in areas such as pensions, investments, health care, and finance. You can gain in-depth knowledge of financial engineering and probability theory, enabling you to better understand how to protect businesses and organizations from financial losses. Graduates of this degree program also have the potential to enter the corporate world to manage and protect financial investments.

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Also, see: Online Bachelor’s of Business Management (BBM) Degree Programs

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Methodology

Below you will find outstanding higher education institutions that offer a range of distance-based curricula that drastically enhance students’ preparedness for the job market.

This list contains various undergraduate programs that develop the careers of future actuaries. Readers can find Bachelor’s in Actuarial Science, Bachelors in Mathematics with concentrations in Actuarial Science that can be entirely personalized to focus on unique career goals, and more, all of which are available online.

While the content at each school on this catalog is guaranteed to provide challenging coursework, they also offer in-depth support services that ensure your success both in school and upon graduation.

No matter to which school on this list you apply and are enrolled, you are guaranteed to find what you need to start your career as an actuary moving forward. While those best to BMD are listed at the top, each of these 20 colleges and universities offers its own unique lens into a complex industry.

We here at Business-Management-Degree.net wish you only the best in your educational and professional pursuits and hope that we have provided what you need in your search for an actuarial science degree online.

For more information about the selection process for our lists and rankings, check out the Methodology page.

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Best Bachelor’s in Actuarial Science Online

WALSH UNIVERSITY

Prominent Program Features:

Perhaps the best online Bachelor of Science in Actuarial Science in the entire country, this curriculum from Walsh University provides outstanding opportunities. It is one of the only Actuarial Science-specific distance degrees available on this ranking (as opposed to a bachelor’s in mathematics) that gives students a hyper-focused learning experience.

Walsh University is a well-loved and affordable online school that is a great choice for active-duty members and veterans of the military. The curricula can be fully personalized to reflect individual career goals, and students can use life and work experience to earn credits. Actuarial Science graduates enter positions in:

• financial investment,
• insurance,
• market research,
• and accounting.

Campus Location: North Canton, OH

Sampling of Coursework:

• Financial Math for Actuaries
• Mathematical Theory for Actuary
• Principles of Insurance & Risk Management

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 76% Retention Rate: 74% Graduation Rate: 56%

LEARN MORE ABOUT WALSH UNIVERSITY’S ONLINE BACHELOR OF SCIENCE IN ACTUARIAL SCIENCE

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BELLEVUE UNIVERSITY

Prominent Program Features:

Bellevue is an outstanding online school that has received repeated and unending recognition from the nation’s top distance education resources. The Mathematics Degree online emphasizes skills that are pivotal to the careers of future actuaries and analysts, including:

• critical thinking,
• problem-solving,
• and analytics.

Students can choose to create their own program out of the elective selections or take advantage of the Business Analytics specialization.

Bellevue University is on a massive amount of rankings of America’s best online programs because of its incredibly sound approach to distance education. Students at this educational institution feel supported and cared for throughout every stage of their learning process and professional career.

Graduates are capable of conducting in-depth data analyses and communicating their findings to a range of audiences.

Campus Location: Bellevue, NE

Concentration Options:

• Business Analytics
• Computer Programming
• Data Analysis
• Predictive Modeling
• Secondary Education

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 100% Retention Rate: 77% Graduation Rate: 59%

LEARN MORE ABOUT BELLEVUE UNIVERSITY’S ONLINE MATHEMATICS UNDERGRADUATE DEGREE

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MARYVILLE UNIVERSITY

Prominent Program Features:

Maryville University’s Bachelor of Mathematics online is one of the very best choices for future actuaries and actuarial science professionals due to the personalized nature of the curriculum.

The coursework is instructed by a wide variety of experts, and students have access to mentors and tutors steeped in actuarial science. This program is particularly unique in part because of its required Data Science Minor. In these additional credits students engage in machine learning and coding in programs like Python and SQL.

Upon graduation, alumni have the knowledge and skill to enter into the work force directly, but many others continue their learning in the high-quality online graduate programs at Maryville.

Campus Location: St. Louis, MO

Sampling of Coursework:

• Fundamental Analysis
• Mathematical Statistics
• Optimization

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 83% Retention Rate: 86% Graduation Rate: 40%

LEARN MORE ABOUT MARYVILLE UNIVERSITY’S B.S. IN MATHEMATICS ONLINE

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NORTHWESTERN UNIVERSITY

Prominent Program Features:

As a bachelor’s degree completion program, this online curriculum supplies only major topics and no general education courses. Students are required to have the necessary transfer credits from a previous college or university.

The coursework aligns with numerous career paths, including those in actuarial sciences, and graduates go on to work in:

• banks,
• firms,
• and other financial institutions.

Northwestern University is a fabulous institution of higher education that is incredibly well-respected and has large endowment assets. Students have a vast array of professional, personal, and academic resources to support their undergraduate education in mathematics. NU is a historical school that has been teaching generations of students since 1851.

Campus Location: Evanston, IL

Sampling of Coursework:

• Single-Variable Differential Calculus
• Multivariable Differential Calculus
• Combinatorics & Discrete Mathematics

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 9% Retention Rate: 98% Graduation Rate: 94%

LEARN MORE ABOUT NORTHWESTERN UNIVERSITY’S ONLINE MATHEMATICS BACHELOR DEGREE COMPLETION PROGRAM

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TEXAS TECH UNIVERSITY

Prominent Program Features:

Texas Tech University offers an online Bachelor of General Studies with a Concentration in Mathematics that can easily be transformed into an Actuarial Science specialization in stead.

The coursework found below and on the program website offers several examples of the type of classes that are found in the TTU Actuarial Science degree.

Texas Tech is an excellent choice for any student because of its flexibility. The array of mathematics coursework allows students to explore their unique interests and passions and tailor the degree to suit their goals. TTU has been included on numerous lists and rankings of the country’s best online degrees.

Campus Location: Lubbock, TX

Sampling of Coursework:

• Selected Topics in Mathematics
• Mathematical Statistics for Engineers and Scientists
• Higher Mathematics for Engineers and Scientists I and II

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 69% Retention Rate: 86% Graduation Rate: 60%

LEARN MORE ABOUT TEXAS TECH UNIVERSITY’S BACHELOR OF GENERAL STUDIES IN ACTUARIAL SCIENCE

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MERCY COLLEGE

Prominent Program Features:

Mercy College in New York supplies an excellent online Bachelor of Arts Degree in Mathematics that includes an emphasis in:

• computer language,
• applied math,
• Computer Information Science,
• and the Division of Mathematics.

Learners undergo an incredibly thorough education that provides elective courses that can be aligned with actuarial science careers. Students have access to state-of-the-art software that facilitates their training in densely complex subjects at this online school.

Mercy utilizes a real-world approach that guarantees enhancement in analytic and critical skills. Career opportunities within this major include:

• operations research,
• game programming,
• teaching,
• and actuarial science.

Campus Location: Dobbs Ferry, NY

Sampling of Coursework:

• Numerical Analysis
• Complex Variables
• Mathematical Methods in Data Science

Accreditation:

• Middle States Commission on Higher Education
  3624 Market Street, Suite 2 West
  Philadelphia, Pennsylvania 19104
  www.msche.org

Acceptance Rate: 82% Retention Rate: 74% Graduation Rate: 48%

LEARN MORE ABOUT MERCY COLLEGE’S BA IN MATHEMATICS ONLINE

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INDIANA UNIVERSITY EAST

Prominent Program Features:

Indiana University East is an excellent school that provides well-respected online degrees. The online Bachelor of Science in Mathematics provides enough electives for students to specialize their curriculum in specific areas effectively. IU East online learners interested in actuary sciences typically concentrate their studies in:

• finance,
• probability,
• and economics.

Learners at this excellent online school engage in solid foundational coursework. They are exposed to critical theories in:

• linear algebra,
• calculus,
• modern algebra,
• mathematical modeling,
• and real analysis.

There is particular emphasis on logical and analytical thinking.

Campus Location: Richmond, IN

Sampling of Coursework:

• Elementary Computational Methods
• Intermediate Investments
• Elements to Statistical Techniques

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 63% Retention Rate: 65% Graduation Rate: 31%

LEARN MORE ABOUT INDIANA UNIVERSITY EAST’S BACHELOR OF SCIENCE IN MATHEMATICS

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NORTHWESTERN COLLEGE

Prominent Program Features:

Northwestern College’s Bachelor in Actuarial Science is one of the only programs in the country to gain a coveted position on the Society of Actuaries’ exclusive list of programs. It has gained further recognition from other resources, and for good reason, as it supplies a fantastically well-focused approach to the discipline.

Students gain preparation for four actuary exams, and graduates have already completed two upon exiting the program. Students at Northwestern College engage in Christ-centered coursework that provides an ethical and moral compass to navigate a business and revenue-centered industry.

Students engage in a tremendously beneficial internship experience that puts them directly into the workforce and supplies potential job opportunities for the future. This school’s students also maintain impressive passing rates on the actuary exams.

Campus Location: Orange City, IA

Sampling of Coursework:

• Advanced Derivatives
• Investments
• Principles of Financial Accounting

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440
• Society of Actuaries

Acceptance Rate: 70% Retention Rate: 75% Graduation Rate: 64%

LEARN MORE ABOUT NORTHWESTERN COLLEGE’S ACTUARIAL SCIENCE BACHELOR’S DEGREE ONLINE

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SOUTHERN NEW HAMPSHIRE UNIVERSITY

Prominent Program Features:

At Southern New Hampshire University, students develop and sharpen a vast array of mathematics skills, particularly those needed for the careers of:

• actuaries,
• operations research analysts,
• financial analysts,
• and statisticians.

The program provides either a general track, which can be personalized enormously or a concentration in Applied Mathematics that is highly relevant to studies in actuarial science.

SNHU is a massively successful distance education institution and one of the most well-known in the United States. It provides outstanding online degree programs at staggeringly affordable tuition rates.

The Bachelor’s in Mathematics is $320 per credit hour and allows students to transfer up to 90 credits from a previously attended college or university.

Campus Location: Manchester, NH

Sampling of Coursework:

• General Track
• Applied Mathematics Track

Accreditation:

• New England Commission of Higher Education
  3 Burlington Woods Drive, Suite 100
  Burlington, Massachusetts 01803
  www.neche.org, (781) 425-7785

Acceptance Rate: 88% Retention Rate: 68% Graduation Rate: 44%

LEARN MORE ABOUT SOUTHERN NEW HAMPSHIRE UNIVERSITY’S BACHELOR’S IN MATHEMATICS ONLINE

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OTTAWA UNIVERSITY

Prominent Program Features:

Ottawa University offers one of the few accelerated actuarial science degrees online on this ranking. Students sharpen skills in critical thinking and logic and learn to master strategies in:

• algebra,
• calculus,
• statistics,
• geometry,
• and computer programming.

This Bachelor of Science in Mathematics with a concentration in Actuarial Science enhances understanding through immersive projects and experiences.

Upon graduation, many students choose to take advantage of Ottawa’s outstanding master’s programs in Accounting, Business Administration, and Business Economics directly after their undergraduate degree in mathematics and continue to enhance their skills and knowledge in a seamless pathway. Those who decide to enter the workforce have all of the preparedness in the world to take on their dream jobs.

Campus Location: Ottawa, KS

Sampling of Coursework:

• Numerical Methods
• Differential Equations
• Inferential Statistics

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 15% Retention Rate: 60% Graduation Rate: 30%

LEARN MORE ABOUT OTTAWA UNIVERSITY’S BA IN MATHEMATICS—ACTUARIAL SCIENCE ONLINE

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UNIVERSITY OF ILLINOIS SPRINGFIELD

Prominent Program Features:

The University of Illinois Springfield online Bachelor’s in Mathematical Sciences is an excellent pathway for future insurance professionals in risk assessment. The coursework includes high-quality training approaches to the utilization of:

• operations research,
• mathematics,
• and statistics

These apply to the fields of:

• analysis,
• insurance,
• industry,
• and management.

Students gain the ability to use their math skills in a range of environments. At this magnificent university, students learn from top experts in the fields of mathematics and statistics.

The online program is identical in nature and content to the on-campus program but gives students much more flexibility. The curriculum supplies both a major and a minor in Mathematical Sciences, which could be used to enhance the study of another field relevant to actuarial science.

Campus Location: Springfield, IL

Sampling of Coursework:

• Mathematical Statistics I and II
• Operations Research Methods
• Statistical Methods

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 77% Retention Rate: 77% Graduation Rate: 66%

LEARN MORE ABOUT THE UNIVERSITY OF ILLINOIS SPRINGFIELD’S ONLINE BA IN MATHEMATICAL SCIENCES

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UNIVERSITY OF MASSACHUSETTS LOWELL

Prominent Program Features:

The University of Massachusetts Lowell can be found on innumerable lists, rankings, and catalogs of the finest online degree programs in the country. Students who are interested in actuarial science major in the school’s highly versatile Applied Mathematics degree.

This curriculum includes an array of cutting-edge online coursework that can be tailored to meet the requirements of the actuary examinations. UMass Lowell emphasizes the enhancement of skills in quantitative analysis, critical thinking, and problem-solving.

The available math credits supply topics that align with the careers of:

• financial analysts,
• market researchers, actuaries,
• and quality control analysts.

This is also an excellent degree for future teachers who plan on continuing their education in a master’s program.

Campus Location: Lowell, MA

Sampling of Coursework:

• Probability and Statistics
• Differential Equations
• Analysis I and II

Accreditation:

• New England Commission of Higher Education
  3 Burlington Woods Drive, Suite 100
  Burlington, Massachusetts 01803
  www.neche.org, (781) 425-7785

Acceptance Rate: 73% Retention Rate: 85% Graduation Rate: 55%

LEARN MORE ABOUT THE UNIVERSITY OF MASSACHUSETTS LOWELL’S ONLINE BACHELOR’S DEGREE IN APPLIED MATHEMATICS

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MAYVILLE STATE UNIVERSITY

Prominent Program Features:

This online Bachelor of Science in Mathematics degree is ranked one of the nation’s best by numerous journalistic resources in education and academia.

The curriculum places a significant emphasis on experience, and students take part in hands-on projects that are hugely relevant to future professional responsibilities. There is also a required internship that provides an incomparably beneficial experience.

Students looking for an online program that takes them beyond the virtual classroom will find excellent learning opportunities at Mayville State University.

Mayville’s coursework is 100% online and extremely affordable at only $326 per undergraduate credit hour. It is also a fantastic option for students who are transferring from another university or college.

Campus Location: Mayville, ND

Sampling of Coursework:

• Probability & Statistics
• Differential Equations
• Algebraic Structures with Programming for Majors

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 70% Retention Rate: 66% Graduation Rate: 31%

LEARN MORE ABOUT MAYVILLE STATE UNIVERSITY’S BACHELOR’S DEGREE ONLINE IN MATHEMATICS

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THOMAS EDISON STATE UNIVERSITY

Prominent Program Features:

At Thomas Edison State University, online students receive an in-depth education through the Bachelor of Arts in Mathematics’ unique array of topics. It is an excellent choice for adult learners seeking a career change. Some of the strengths that the curriculum enhances include those in:

• analysis,
• algebra and applied mathematics,
• as well as problem-solving and utilizing complex concepts.

TESU has developed highly effective online curricula that are massively effective even at great distances. Students are supported through any academic, personal, or professional challenge that arises throughout their careers. This program is an incredibly solid stepping stone toward positions in analysis and actuarial science.

Campus Location: Trenton, NJ

Sampling of Coursework:

• Multivariate Analysis
• Non-Parametric Statistics
• Complex Variables

Accreditation:

• Middle States Commission on Higher Education
  3624 Market Street, Suite 2 West
  Philadelphia, Pennsylvania 19104
  www.msche.org

Acceptance Rate: 100% Retention Rate: –% Graduation Rate: 41%

LEARN MORE ABOUT THOMAS EDISON STATE UNIVERSITY’S ONLINE BACHELOR’S DEGREE IN MATHEMATICS

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EASTERN NEW MEXICO UNIVERSITY

Prominent Program Features:

This 100% online Bachelor of Science or Arts in Mathematics is an excellent choice for busy professionals and adult learners looking to enhance their careers.

The curriculum is ideally suited to individuals seeking training in actuarial science and is an excellent first step to further prepare for certification examinations. There are fabulous academic resources and tutoring services at Eastern New Mexico University and phenomenal financial aid opportunities.

Students at ENMU can choose to align their foundational coursework in either a Bachelor of Science or a Bachelor of Arts, depending on their personal interests and goals. Some of the professions undertaken by alumni include:

• game mathematician,
• functional analyst,
• actuary,
• and cryptographer.

Campus Location: Portales, NM

Sampling of Coursework:

• Ordinary Differential Equations
• Real Analysis
• Probability and Mathematical Statistics

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 58% Retention Rate: 61% Graduation Rate: 36%

LEARN MORE ABOUT EASTERN NEW MEXICO UNIVERSITY’S ONLINE BS/BA IN MATHEMATICS

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LOUISIANA STATE UNIVERSITY of Alexandria

Prominent Program Features:

Louisiana State University of Alexandria provides the nation with one of the fastest and most affordable online actuarial science degrees with a tuition rate of only $291 per credit hour.

It is a Bachelor of Science in Mathematics with a concentration in Actuarial Science designed to refine students’ analytical skills and understanding in areas such as:

• financial economics,
• statistics,
• risk management,
• and quantitative finance.

Actuary is at the top of the list of careers for graduates of LSUA’s online mathematics degree in actuarial science. Some other professions include:

• risk management specialist,
• logician,
• insurance company executive,
• and teacher for grades 6-12.

Students graduate with an incredibly well-respected degree and are sought after by employers everywhere.

Campus Location: Alexandria, LA

Sampling of Coursework:

• Mathematical Statistics
• Business Finance
• Managerial Accounting

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 56% Retention Rate: 56% Graduation Rate: 23%

LEARN MORE ABOUT LOUISIANA STATE UNIVERSITY OF ALEXANDRIA’S ONLINE BS IN MATHEMATICS—ACTUARIAL SCIENCE

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UNIVERSITY OF NORTH DAKOTA

Prominent Program Features:

The University of North Dakota is one of the most affordable online colleges in the midwest that offers in-state tuition to all students, despite their state of residency.

The curriculum uses an asynchronous learning format, which is much more flexible so that students don’t have to attend classes at specific times. The online program emphasizes interactions with advisors and professors, giving students more support throughout their education.

UND maintains impressive job placement rates and is affordable enough to be considered one of the country’s best value colleges. The school also offers impeccable graduate programs online, of which many students choose to take advantage after completing their bachelor’s degree in mathematics.

Campus Location: Grand Forks, ND

Sampling of Coursework:

• Numerical Analysis
• Mathematical Modeling
• Differential Equations

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 81% Retention Rate: 80% Graduation Rate: 55%

LEARN MORE ABOUT THE UNIVERSITY OF NORTH DAKOTA’S ONLINE BACHELOR’S IN MATHEMATICS

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AMERICAN PUBLIC UNIVERSITY

Prominent Program Features:

American Public University is another of the country’s most popular distance education schools that supplies a fabulous online degree in mathematics. It is an incredibly affordable program that allows students to transfer up to 82% of their credits from another college or university. Students are immersed in concepts that enhance their knowledge of:

• real-world data modeling,
• communication,
• mathematical theory,
• and analysis.

This curriculum is an excellent building block for students to pursue an education in actuarial science. The General Electives provide avenues for students to study topics relevant to the careers of future actuaries and to prepare for the certification examinations. The foundational coursework also helps students in their pursuit of actuarial sciences as the topics include those in statistics and analysis.

Campus Location: Charles Town, WV

Sampling of Coursework:

• Mathematical Modeling
• Statistics
• Mathematics History and Development

Accreditation:

• Higher Learning Commission
  230 LaSalle Street, Suite 7-500
  Chicago, Illinois 60604
  www.hlcommission.com, (800) 621-7440

Acceptance Rate: 100% Retention Rate: 98% Graduation Rate: 12%

LEARN MORE ABOUT AMERICAN PUBLIC UNIVERSITY’S ONLINE BACHELOR OF SCIENCE IN MATHEMATICS

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Take a look at this: Online and Traditional Schools’ Degree Program Rankings

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Frequently Asked Questions

What does an Actuarial Science professional do?

Professionals in actuarial science, or actuaries, use skills in mathematics, statistics, analysis, and data science to assess the financial risks of businesses and companies that generate revenue, financial institutions, insurance companies, and others.

An actuary’s skills are highly transferrable and can be utilized in data analysis, finance, and accounting professions, as well. They are particularly crucial in the insurance industry.

How much do Actuaries make?

The actuarial science profession is highly lucrative, as it is secure. The Bureau of Labor Statistics tallies the average annual salary for actuaries at about $110,000 per year and the job outlook at 24%, which is not only phenomenal but much better than a considerable amount of other professions in the business and financial industries.

Is an Actuarial Science degree online worth it?

A Bachelor in Actuarial Science or its equivalent is a challenging yet immensely marketable major. Actuaries are needed in many current and emerging industries, like the software industry. Once on the career path it can be a long road to the top because of the series of examinations required to become a fully certified actuary, but those who do benefit from an excellent profession that is both niche and profitable.

Do I need to be an expert in Mathematics to excel in Actuarial Science?

No, you do not need to be an expert in mathematics to excel in actuarial science, but a solid understanding of advanced math concepts is essential. A strong background in calculus, probability, statistics, and linear algebra is beneficial for success in the field.

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Want more info? Check out this interesting YouTube video:

An additional Resource: Best Online Bachelor’s in Wealth Management and Financial Planning