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10 Fastest Online Business Analytics Bachelor’s for 2020

Last updated: May 18, 2021

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Accelerated business analytics degrees are a great way to get the degree you need without spending a lot of extra time in the classroom. Full degree programs can take up to two years to complete. In most cases, finishing a degree program in two years is acceptable because it allows students to learn at a comfortable pace. With an accelerated business analytics degree program, students can earn their degree in less than 18 months giving them time to find a good job and take the steps to start their career. Courses are more condensed allowing the student to get the maximum amount of information in a much shorter period of time.

Many accelerated business analytics degrees can be completed online making them an extremely convenient way to earn your degree while holding down a full-time job. Classes can be taken on campus or online, whichever is most convenient for the student. Students who choose to complete their accelerated business analytics degree programs can work when it is most convenient for them. They can take the time they need to understand each assignment and move forward at a much faster pace.

Methodology: Ranking the Best Accelerated Business Analytics Degrees

To rank the fastest online business analytics bachelor’s degree programs, Great Business Schools editors sought out accredited programs that offer a way to speed through a degree, whether with transfer credits, accelerated course schedules, or other means. Speed isn’t everything, though, so we ranked programs according to their cost, reputation, and potential salary, according to Department of Education data and Niche reviews.

1. Bay Path University

When you are considering an accelerated business analytics degree, the program at Bay Path University is a good choice to help with your goals. The Business degree with a concentration in Business Analytics emphasizes the analysis of data as well as the methods used to present information to managers in a company. It prepares students to communicate with leaders and keep up with long-term goals for a career.

Bay Path University stands out by emphasizing the development of decision support models that helps students evaluate data from the perspective of a business decision. It ensures that students are able to evaluate information based on statistical probability and create a model of potential outcomes using the data. It gives students the ability to help companies reach long-term goals for potential outcomes.

Highlight Bay Path University offers financial aid counselors to help students clarify the scholarships, grants, and assistance that may be available for their situations.

Degree Business: Business Analytics, BS

2. Texas A&M University

The Business Analytics degree from Texas A&M University teaches students the technical skills they need to handle the challenges of a fast-paced work environment. The accelerated course materials prepare students to work in a complex business setting and allow students to focus on accomplishing their long-term goals. It also ensures that students have the math and statistics training to evaluate probable outcomes based on the data available to the company.

Texas A&M University stands apart from other programs by emphasizing the ability of students to communicate with leaders in a company or business setting. It provides students with the training to present information in an oral or written format, which ensures that students are able to explain the reasons behind their recommendations for the company actions.

Highlight Texas A&M University is AACSB-accredited for the online accelerated business analytics degree program.

Degree Business Analytics, BBA

3. Maryville College

Maryville College offers an accelerated Business Analytics degree at the undergraduate level that allows students to work at their own pace. As an online program, it ensures that students have a flexible schedule and can work on their degrees when it fits their needs. The degree program emphasizes the analytical skills and interpreting skills that students need to evaluate large sets of data and clarify the potential outcomes that may arise from current trends in the company or business.

Maryville College focuses on providing students with a strong balance between business and mathematics that requires a touch of creativity. It encourages students to find creative solutions to problems and use critical thinking skills to interpret information and present it to potential employers.

Highlight Maryville College emphasizes comprehensive career preparation in students through an integrated education system.

Degree Business Analytics, BS

4. The American Women’s College

The American Women’s College of Bay Path University offers an accelerated business analytics degree program through the business program. Since it is a bachelor of business with a concentration in business analytics, students can expect to learn the fundamental business skills they need to communicate with managers and decision-makers within a company. It also provides students with the ability to track and evaluate data to find potential solutions to help with company growth.

The American Women’s College stands out by focusing on the challenges women face when attending college. As an online accelerated program, it allows students to work at their own pace. That ensures that students can balance family obligations and job responsibilities with their educational goals. It also allows students to select a full-time or part-time schedule for their degree program.

Highlight The American Women’s College is NECHE-accredited and meets high standards of education for student achievement.

Degree Business Analytics, BS

5. Arizona State University

Arizona State University offers an accelerated business analytics degree that prepares students to handle the challenges of evaluating big data and assessing future outcomes based on statistical probability. The courses last for 7.5 weeks and allow students to work at their own pace. As an online program, students can work around personal obligations and keep up with course materials when it fits their schedules. The program emphasizes analytic methods, organization of data, and communication with leaders in a company to ensure students are able to explain the concerns that may arise over time.

Arizona State University programs are taught by prestigious faculty members, including a Nobel Laureate, professionals who have published in well-known journals, and professional speakers who have experience talking at national conventions. Due to the staff and faculty available to help students with their studies, the school sets high standards of achievement for students and offers quality education. The online courses are taught by the same faculty members as the on-campus courses.

Highlight Arizona State University is AACSB-accredited for its online business programs and is recognized for meeting high standards of education.

Degree Business Data Analytics, BS

6. American Public University

The accelerated online business analytics degree program at American Public University is one of the best options for students who want to finish their degree at a fast pace. The degree program emphasizes mining techniques, analytical skills, and communication skills to ensure that students are able to understand the data they evaluate when working in a business environment. It also provides students with a strong foundation in business skills that help them advance in a career and take on leadership roles as they gain experience.

American Public University offers seven concentrations within the business analytics program to give students specialized training that allows them to work in more complex business roles. The concentrations range from general business to marketing, so students can gain a comprehensive view of the impact of data analytics in specific areas of a business. It helps students understand different ways to address concerns within a company.

Highlight American Public University allows students to transfer up to 77 percent of their credits into the online program.

Degree Business Analytics, BS

7. Purdue University

The Data Science undergraduate degree from Purdue University is an accelerated online program that allows students to work around a job or personal obligations. The degree program focuses on preparing students to understand the intersection between statistics and computer science. It ensures that students are prepared to handle the challenges of working in a business environment with a focus on evaluating big data and using statistical formulas to clarify potential outcomes.

Purdue University differs from other programs by emphasizing computer science and mathematics in the program. While it does offer some education in business to ensure proper communication with leaders in the company, it does not focus on business as a primary aspect of student education. It emphasizes data analytics and modeling before the business aspects of the degree program.

Highlight Purdue University does not allow students to transfer into the program from other colleges or universities, so the program is considered closed to transfers.

Degree Data Science, BS

8. American Military University

The American Military University offers a business analytics undergraduate degree program that prepares students for the challenges of working in a complex business environment. The degree program emphasizes the role of business intelligence in the growth and sustainability of a large or growing company. It prepares students to evaluate information and large datasets to ensure that a business is able to identify trends, identify concerns, or predict potential future outcomes using mathematics and probability.

American Military University is a military-friendly school that offers a military grant to active-duty members of the military. The grant helps reduce the cost of education for military students and it ensures that the bachelor’s degree is a possible option for those who may need to move suddenly or may be called to service at any time. That flexibility allows students to keep up with their courses when challenges arise.

Highlight American Military University allows students to transfer up to 90 credits into the program.

Degree Business Analytics, BS

9. Norwich University

Norwich University offers an accelerated bachelor’s degree in Data Analytics that prepares students for the challenges of evaluating and using data in a business environment. The degree program emphasizes the evaluation and analysis of datasets to model future outcomes based on probability. It provides a strong foundation in computer science, mathematics, statistics, and analysis. Students also learn effective communication to ensure they are ready to talk to leaders in a company.

Norwich University focuses on providing a students with a strong foundation in technology, technical skills, and mathematics. The emphasis on technical skills ensures that students are prepared to handle the challenges they may face when working in a business environment. As an accelerated program, it also prepares students to work in a fast-paced environment and ensures that students are able to keep up with the demands of future employers.

Highlight Norwich University offers six dates for students to start working on their degrees, so it allows students to start courses when it fits their situations.

Degree Data Analytics, BS

10. Regent University

The accelerated online business analytics degree program at Regent University is a good option for students who want to finish their education at a fast pace. The degree program focuses on teaching students the fundamental skills they need to keep up with the demands of a future employer. It provides a strong foundation in statistics and probability, as well as computer science and analysis. The emphasis on business also ensures that students are prepared to take on leadership roles within a company.

Regent University is a Christian college that sets high standards for student ethics and behavior. As a Christian college, it teaches through the lens of Biblical principles, and students are expected to behave in an appropriate manner based on their education and knowledge of ethical standards as they learn through the university.

Highlight Regent University has been ranked as the number one online university in Virginia for eight years in a row.

Degree Business Analytics, BS

What If I Don’t Need a Full Bachelor’s Degree?

There are certain situations in which a full bachelor’s degree is not necessary. Earning a certificate in business analytics is a great way to get the knowledge that is needed without spending a lot of time in the classroom. Individuals who have worked in a position where analytics are being used on a regular basis may already have a working knowledge of the processes, models, and methods, that they use on a regular basis. Their many years of experience can be used to complete an online certification program. The Certificate in Business Analytics they receive can be used in place of a full bachelor’s degree to advance their career and put them in line for upcoming promotions and raises.

An online certificate in analytics is an effective way to achieve your educational goals and receive a certificate that verifies you have the skills you need to succeed. By earning a certificate online, students can continue to work within their chosen field and continue to add to their experience. When a person is working in such a detail-oriented environment, hands-on experience is a great foundation to build a career on. It gives the student skills they need and also gives them an opportunity to apply what they are learning in their certification program. A certification program is designed so that the student can be recognized for their many years of experience.

Is Business Analytics an In-Demand Specialization?

Financial institutions and insurance companies are always in need of analysts that can work within their systems and protocols to establish areas of risk. By identifying possible risks and the degree with which it can impact the business, a business analyst can help the company create effective strategies. These strategies can be used to produce viable solutions that the company can use to maintain positive growth. Because of the intricate, highly detailed work that an analyst performs, they can eventually become some of the highest-paid employees within the company.

Industrial and managerial company use consultants that specialize in business analytics to help them determine both investment options as well as new opportunities they can pursue to improve the health and well-being of their business. Industrial companies that work with international economies require the assistance of an analyst to make sure they are earning a profit while dealing with other businesses all over the world. Managerial companies also can benefit from the talents of a business analyst when it comes to effectively managing businesses on all different levels. The job of an analyst is to help members of management make sense of all of the data generated by the business.

What Kind of Jobs are in Business Analytics?

Specializations in analytic that are in demand include operations analyst, data scientist, quantitative analyst, data engineer, and healthcare data analysts are just a few of the higher paying careers that someone with an accelerated business analytics degree can choose from. Specializations can be found in the fields of engineering, finance, and insurance. All of these fields involve the use of various mathematical and scientific processes to determine possible outcomes of various strategies and activities.

Business analytics involves the study of data and information and how it pertains to the day to day operations of a business. Analytics are also used to determine why certain events occur and which processes work best in keeping a company functioning at its highest efficiency. Business analytics are the key to maintaining growth and keeping a business healthy. Having an analyst on hand is a great way for most businesses to monitor their successful strategies on their own. It also shows them where possible weaknesses are so that positive changes can be made.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

15 Best Online Business Analytics Bachelor’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

liberty university online associate degrees

Business and data analytics is one of the fastest-growing and in-demand specializations in business, and many working professionals are considering a return to school to get their analytics degree online. A business analytics online degree program offers the exact same course curriculum as that provided to students in a classroom. A business analytics degree program teaches students the skills they need to work in an analytical capacity in a wide variety of industries. Graduates can expect to find employment opportunities in research, financial, manufacturing, and even retail environments. Almost every industry has a need for graduates who specialize in analytics.

Business analytics degrees online are the ideal way to work and go to school at the same time. This is the ideal situation for students who want to earn their degree but still need the benefit associated with hands-on experience. By attending school and going to work at the same time, graduates enter the workforce fully prepared to take on any type of job that is offered to them. In some cases, the willingness to attend an online business analytics degree program is the determining factor for employers who are looking for someone who is motivated to succeed.

Methodology: Ranking the Best Online Business Analytics Degrees in the US

For our ranking of the best online business analytics degrees, Great Business Schools editors tackled a large and growing field of colleges and universities offering business and data analytics in online and hybrid format. Only accredited institutions were considered, and programs are ranked according to factors that matter on the job market: Cost, Salary Potential, and Student Reviews, based on data from Niche, College Scorecard, and IPEDS.

1. Arizona State University

When you are looking for the best online business analytics degrees for your career goals, the Business Data Analytics program at Arizona State University is a good option for your plans. The degree program emphasizes technical competency in students to ensure that they are able to evaluate big data and analyze the information to communicate with business associates. It provides students with fundamental knowledge of business while also teaching technical skills used in modern companies.

Arizona State University teaches students the processes to use big data to make realistic predictions of future outcomes. It recognizes that statistical data plays a critical role in evaluating information and ensures that students have the skills to analyze big data for a company using statistics and mathematics. The result is the ability to make effective predictions about potential outcomes and the likelihood of an outcome based on the information.

Highlight Arizona State University is rated at the number one online university for innovation by U.S. News and World Reports.

Degree Business Data Analytics, BS

2. Washington State University

Washington State University offers a Data Analytics degree program at the undergraduate level that prepares students to evaluate big datasets, extract information from the data, and make suggestions to company executives or decision-makers to help reach business goals. The degree program emphasizes the development of critical thinking skills and technical skills to prepare students to analyze data.

Washington State University emphasizes hands-on experience as a critical part of the Data Analytics online program. Students gain opportunities to work with real datasets from large industries and universities to develop their skills. Since students are able to use datasets from real-world situations, the university prepares online students for the challenges of their future careers.

Highlight Washington State University prepares students for leadership positions in data analytics at the undergraduate level.

Degree Data Analytics, BS

3. CSU Global

CSU Global offers a Management Information Systems and Business Analytics degree that helps students reach their goals when they want to work in a business analytics career. The degree program emphasizes the use of management and marketing based on big datasets and the analysis of the information. It provides students with a strong foundation in business-related topics like finance, accounting, and marketing. It also provides leadership training through management courses that help students communicate in a corporate setting.

CSU Global focuses on ensuring that students are prepared for the challenges of working in a corporate or business environment. The degree program emphasizes the use of technology and statistics to evaluate data and make suggestions to business owners or decision-makers in a company. It also ensures that students understand the business side of the data to improve their ability to predict potential outcomes.

Highlight CSU Global offers discounts on tuition to students who work in certain companies, as well as financial assistance to qualifying students.

Degree Management Information Systems and Business Analytics, BS

4. Oregon State University

The Business Analytics degree from Oregon State University is one of the best online business analytics degrees for students who need or want a flexible schedule. The undergraduate program emphasizes technical skills and ensures that students are aware of the different tools that may assist with evaluating and analyzing large datasets. It also provides students with a strong foundation in statistics and related fields to prepare for the challenges of working in a business analytics position.

Oregon State University offers two areas of focus for students in the business analytics program. Students can focus on digital marketing analytics or market research and consumer analytics. Depending on the area of focus, students are able to start working in a career that works on data in specific areas of the business. Students also learn to communicate ideas with corporate professionals to ensure that data is used in an effective manner.

Highlight Oregon State University is AACSB-accredited for its online business analytics degree program.

Degree Business Analytics, BS

5. Thomas Edison State University

The Data Science and Analytics online program at Thomas Edison State University is one of the best options for students who want to work as a data scientist or take on roles in business analytics. The program focuses on evaluating datasets and analyzing potential outcomes based on historical factors. It also provides students with a strong foundation in mathematics and computer science to prepare for the challenges of working in a rigorous career.

Thomas Edison State University recognizes the challenges that may arise when working on complex problems in a business setting. It emphasizes the importance of strong ethical standards in students and provides students with a clear picture of proper measures to maintain ethical standards in a company. The degree program also provides students with training in cultural sensitivity that may help when working in a large corporate environment.

Highlight Thomas Edison State University allows students to transfer credits from nationally and regionally accredited colleges and universities.

Degree Data Science and Analytics, BS

6. Marist College

Marist College offers an online Data Science and Analytics degree program that helps students focus on their long-term career goals. The degree program emphasizes the technical skills associated with data analytics and ensures that students are able to make predictions based on the data presented. It also gives students a firm understanding of the technical skills associated with analyzing big data and presenting ideas to leaders in a corporate or business environment.

Marist College stands out from other programs by emphasizing data analysis on a global scale. The program does not limit student expectations and prepares students to work in a large corporate environment. It recognizes that datasets may include information from other countries and prepares students to analyze global data as part of their training.

Highlight Marist College offers complementary minors that help students specialize in specific areas of data analysis.

Degree Data Science and Analytics, BS

7. Bellevue University

The Business Analytics degree program from Bellevue University provides a strong foundation in technical skills that prepares students to handle every aspect of data analysis from mining to applied statistics. It also provides students with a strong foundation in business skills that allows them to communicate with leaders and other professionals in their work environment. Since it provides business training, students are able to take on leadership roles when working in their careers.

Bellevue University emphasizes student capabilities by focusing on developing useful skills for a career. It offers students the ability to improve their technical skills while also preparing them to handle the challenges of a business environment. The flexible online format allows students to work at their own pace while improving their abilities.

Highlight Bellevue University offers a reduced tuition rate for active-duty members of the military and their spouses.

Degree Business Analytics, BS

8. Golden Gate University

Golden Gate University offers a business degree with a concentration in data analytics that prepares students for the challenges of their career goals. Since the program focuses on the business aspects of the program before the data analytics, it provides students with the leadership training they need to work in a corporate setting. It also provides students with a strong foundation in management, marketing, and related topics that businesses need to grow and succeed.

Golden Gate University stands out by focusing on the needs of adult learners. It recognizes that students may have limitations in their schedules due to work or personal obligations, and it works around those needs to ensure that students are able to accomplish their goals. It focuses on real-world situations for individuals who are already actively working in a challenging environment.

Highlight Roughly 95 percent of the students at Golden Gate University are 25 years old or older.

Degree Business, BS Data Analytics concentration

9. Maryville College

Maryville College offers a bachelor’s degree in Business Analytics that emphasizes the balance between math and business. It recognizes that students need the mathematical skills to keep up with big datasets and provides students with the training in statistics to handle the challenges of evaluating data. It also provides students with the business skills to recognize trends, clarify data, and communicate with leaders in a company to ensure that measures are taken to reach company goals.

Maryville College takes a creative approach to business analytics and sets a heavy emphasis on the artistic aspects of the degree. Since the curriculum includes liberal arts studies, it gives students a unique perspective into the topics associated with business, mathematics, and data analysis. It allows students to emphasize communication when they are working in a business environment.

Highlight Maryville College works with community colleges in Tennessee and allows students to transfer credits from an associate’s program.

Degree Business Analytics, BS

10. Grand Canyon University

The Business Analytics program at Grand Canyon University prepares students for the challenges of working in a modern business environment. It emphasizes the business aspects of the degree by teaching students about management, finances, accounting, and related topics. It also ensures that students understand effective communication strategies when discussing potential solutions with leadership in a company. By providing students with a strong foundation in business as well as the technical skills associated with data analysis, it prepares students to work in a fast-paced environment.

Grand Canyon University teaches students about business ethics as well as proper measures to maintain compliance with industry-specific regulations and laws. The strong ethical standards ensure that students are aware of potential concerns that may arise when evaluating big datasets. It prevents students from engaging in unethical actions by teaching them the ethics behind data analysis and business.

Highlight Grand Canyon University offers a variety of campus scholarships that apply to qualifying students.

Degree Business Analytics, BS

11. Liberty University

Liberty University offers a Data Analytics bachelor’s degree in Business Administration that prepares students to work as data scientists or analysts in a business setting. The degree program emphasizes business-related skills through proper training before moving into more specialized skills associated with data analytics. By ensuring that students are aware of the application of statistical data and large datasets to a company, it provides students with the ability to provide effective solutions to help businesses reach long-term goals.

Liberty University stands out by offering accelerated courses. The classes in the online program are eight-weeks long and allow students to work at their own pace. Due to the accelerated format of the courses, it allows students to finish their degrees at a fast pace and move into their careers early.

Highlight Liberty University allows students to transfer up to 75 percent of their credits into the online course.

Degree Business Administration: Data Analytics, BA

12. Webster University

The Data Analytics degree from Webster University prepares students to take an active role in the process of making decisions in a business or company. The program provides students with a strong foundation in mathematics and statistics as it relates to data analysis. It also teaches students to use common programs and software in data analytics to break down large datasets and clarify information to make better predictions about potential future outcomes.

Webster University emphasizes critical thinking and problem-solving skills in students to prepare them to make decisions in a company. It ensures that students are able to handle the challenges of working in a fast-paced environment by giving them the tools to evaluate data and keep up with new trends. By focusing on developing effective skills, the online program helps students work on improving their abilities.

Highlight Webster University is a military-friendly university that offers discounted tuition costs for active-duty members of the military.

Degree Data Analytics, BS

13. Colorado Technical University

Colorado Technical University offers a Data Analytics degree in Business Administration through its online system. The online degree program focuses on teaching students to evaluate data to help businesses make informed choices about their long-term goals and projections. By evaluating information, students are able to clarify potential outcomes and ensure that businesses make the right choices to limit risks.

Colorado Technical University emphasizes flexibility in student education. The online program allows students to work on a degree at their own pace and keep up with personal or professional obligations. It also helps students focus on accomplishing their long-term career goals by providing them with the tools they need to keep up in a modern work environment. The school offers scholarships and grants to online students who qualify for the funding.

Highlight Colorado Technical University is ACBSP-accredited for its online business administration degree program.

Degree Business Administration – Data Analytics, BS

14. Southern New Hampshire University

The online Data Analytics degree from Southern New Hampshire University is one of the best options for students who want a flexible program for their educations. The degree program teaches students the fundamental skills they need to evaluate and analyze big datasets. It also ensures that students are able to predict potential outcomes based on statistical probability.

Southern New Hampshire University allows students to transfer up to 90 credits into the online program. By ensuring that students are able to transfer a portion of their credits, it allows students to accelerate the process of obtaining a degree. It also allows students to work on a degree at their own pace by setting up a flexible scheduling solution.

Highlight Southern New Hampshire University is NECHE-accredited and meets the standards for student education of the accrediting agency.

Degree Data Analytics, BS

15. Suffolk University

Suffolk University offers a Big Data and Business Analytics degree program that combines technological skills, statistics, and business to help students offer appropriate recommendations and advice to potential employers. It gives students the fundamental skills they need to evaluate data and clarify potential outcomes based on statistical probability. It also teaches students to communicate with leaders in a company and ensures that students understand the business aspects of the options they recommend for the company.

Suffolk University encourages students to add a minor to their degree program to improve their understanding of specialized business skills. It also allows students to gain insight into the impact of decisions on different aspects of the company’s goals. By adding a minor to the degree program, students are able to emphasize a specific skill set and develop their long-term goals for a career.

Highlight Suffolk University is AACSB-accredited for the online Big Data and Business Analytics program.

Degree Big Data & Business Analytics Major

Why Should I Get My Business Analytics Degree Online?

Online business analytics degrees are a great way to get ahead when you are ready to move forward in your career. Business analytics degrees can be earned either online or in a classroom setting. Some students function more efficiently in the structured environment of a classroom. Others work better when they are able to retain information more efficiently when they can study when it is most convenient for them. Whether you choose to sit in a classroom or do your coursework online, earning your degree can provide you with any number of opportunities to advance your career.

What Is Business Analytics?

As a business operates, various types of data are produced. This data explains many different things including how efficiently the business is operating. Inventory analysis, sales, marketing campaigns, and even employment numbers are all types of data that must be thoroughly analyzed. The information that is gained will show where the company’s strengths and weaknesses are so that changes can be made if they are needed.

Once the data has been collected, it is then categorized, processed, and studied so that it tells the story of how the company is functioning. Statistical models are created that can be used to determine possible growth patterns as well as areas where potential risk may be much higher than normal. The models and methodologies are used in conjunction with one another to determine possible courses of action that will help to create the results the company is looking for.

Business analytics is one of many functions that fall under the heading of business intelligence. Through quantitative analysis and the use of specific strategies, the information that is collected and studied can be used to create a roadmap that will enable the business to succeed in reaching all of its goals. Business analytics requires someone who pays strong attention to detail and has a passion for working with numbers. Problem-solving and the ability to use the information to find viable solutions for specific issues that may begin to appear are the two main responsibilities of a business analyst.

What Does a Business Analytics Professional Do?

A professional business analysis uses the information they collect from the day to day operations of the company to determine possible outcomes, identify areas of potential risk, and find viable solutions for issues that sometimes appear. The analyst studies patterns in growth and loss, using that information to help members of management find new ways to compete in an ever-changing economy. By creating statistical models., the analyst can provide information that allows strategists to determine the best way for the company to move forward and achieve its goals.

A business analyst can also identify areas in which a company lacks the strength to be successful. As this information is collected and studied, they can also project possible outcomes giving management an idea of how to properly handle the situation. By knowing the company’s level of potential risk, the company can begin to improve on areas where it has shown weakness in the past. This improves earning potential and keeps the company moving forward.

With an online Bachelor’s in Business Analytics degree, a graduate will be able to go into a company and evaluate the various types of data that are produced and work with each department to fine-tune their processes and day to day operations. With their focused attention to detail and continual examination of newly generated data, an analyst can identify patterns as soon as they begin to appear. They are problem solvers who work diligently to prevent varying degrees of risk from becoming major issues within a business.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

25 Best Business Analytics Bachelor’s Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Selecting the right degree to help with your goals is a critical part of planning for your future. Before you can determine if a business analytics degree is appropriate for your needs, you want to clarify what you will learn. What is a business analytics degree? A business analytics degree is a type of program that focuses on the analysis of data as it applies to a competitive business environment. Is a degree in business analytics worth it for your goals? It depends on your plans for a career. If you want to work in a business environment and focus on evaluating information to improve a company, then it may be a good choice for your goals.

Is a business analytics degree worth it when you want to work in a leadership position? For individuals who plan to work in a leadership role, a degree in business analytics is a good choice. It provides the fundamental training you need to communicate with leadership in a company. It also teaches the advanced analytical skills you need to take on a challenging role within a company. Students are able to use STEM skills and develop analytical skills related to big data while also preparing to lead a team or take on more complicated leadership positions.

Methodology: Ranking the Best Business Analytics Degrees in America

The editors of Great Business Schools ranked the best business analytics degree programs by focusing on highly trusted, accredited colleges and universities across the US. From our initial pool, we ranked programs according to factors that matter to students of all ages: Affordability, Job Market Reputation, and Student Success, using data from College Scorecard, IPEDS, and Niche.

1. University of Virginia

The University of Virginia’s McIntire School of Commerce offers a BA with a Business Analytics track that is recognized as one of the best business analytics degrees in Virginia and the country. UVA’s BA in Business Analytics prepares students for UVA’s MBA degree program. Coursework for the University of Virginia’s bachelor’s degree includes Database Management, Cybersecurity, Text Analytics, and Consumer Behavior, among others. Degree candidates in the Business Analytics track must attend the annual analytics consortium held at the university and complete 12 credit units from the business analytics curriculum.

Thomas Jefferson founded the University of Virginia was established in 1819. The school operates a 1,100 acre, which serves nearly 25,000 students studying for more than 120 degrees offered through the university’s eight colleges/schools.

Highlight UVA is the flagship institution of higher learning in the state of Virginia.

Degree Business Analytics Track, BA to MBA Program

2. Carnegie Mellon University

Carnegie Mellon University’s Heinz College of Information Systems, Public Policy, and Management offers a 16-month Business Intelligence and Data Analytics (BIDA) degree program considered among the best business analytics degrees in the nation. Core coursework for Carnegie Mellon University’s data analytics program includes Economic Analysis, Applied Econometrics, Digital Transformation, Organizational Design, a mandatory summer internship, and a senior capstone project in data analytics. Degree applicants for the business analytics degree program must complete the online application and submit GRE/GMAT scores, transcripts, and a video interview (optional but highly recommended).

Carnegie Mellon University (CMU) was established in 1900 by philanthropist and steel tycoon, Andrew Carnegie. CUM’s school campus is home to about 15,000 (from more than 110 countries) students studying for degrees offered by CMU’s seven schools/colleges.

Highlight Carnegie Mellon University operates campuses in Qatar and Silicon Valley, CA.

Degree Business Intelligence and Data Analytics

3. Case Western Reserve University

Case Western Reserve University’s Weatherhead School of Management offers a Bachelor of Science (BS) or Bachelor of Arts (BA) in Business Analytics degree program that provides an integrated step to a Master of Science degree in Management (MSM). Coursework for one of the nation’s best business analytics degrees includes Operations Analytics, predictive Modeling, Probability, Digital Analytics, and Data Mining, to name a few. Degree candidates graduate and find rewarding careers as a data analyst, a data scientist, statistician, or analysts’ intern, among others. Students have a team of professionals to help with their career in the school’s CMO – Career Management Office.

Case Western Reserve University (CWRU) was established when two established schools merged – Case Institute of Technology and Connecticut Western Reserve, in 1967. CWRU’s campus in downtown Cleveland serves nearly 12,000 students.

Highlight US News ranks Case Western Reserve University among the top 40 national universities in the United States.

Degree Business Analytics, BS/BA to MS Program

4. University of Miami

The University of Miami offers a Business Analytics Bachelor of Science in Business Administration (BSBA) that is one of the country’s best business analytics degrees available in the education marketplace. Degree candidates must complete 120 credit units in coursework that includes Supply Chain Strategy, Operations Research, Data Mining, Object-oriented Programming, Mathematical Economics, and Decision-making, to name a few. Students explore the ethical issues in business decisions, delve into effective communication techniques, and become critical thinkers.

The University of Miami (UM) is a private institution of higher learning that was established in 1925. UM is organized into 12 colleges/schools that offer more than 300-degree programs at varying levels. UM’s student population nears 18,000 students.

Highlight The University of Miami maintains an impressive library with nearly 4 million volumes in almost 6 million square feet of library space.

Degree Business Analytics, BBA

5. University of Vermont

The University of Vermont’s Grossman School of Business offers a Bachelor of Arts (BA) degree program in Business with a Business Analytics concentration that is recognized among the best business analytics degrees in the northeast and the country. Coursework for the University of Vermont’s business analytics degree program includes Econometrics, Supply Chain Management, Marketing Research, Decision-making for Business, and Quantitative Analysis, to name a few. Many students pursuing a business analytics concentration also co-major in computer science or statistics.

The University of Vermont was established in 1791 and is considered an original public ivy university. The school is a land grant school, space-grant and sea-grant institution of higher education. UVM’s medical center is the largest hospital complex in the state of Vermont.

Highlight The University of Vermont’s student center received the first Gold LEED certification in the United States.

Degree Business Analytics, BA

6. Auburn University

Auburn University’s Harbert College of Business offers a BS in Business Analytics that ranked as one of the best business analytics degrees in the southeast US and the state of Alabama. Coursework for Auburn University’s business analytics degree includes Predictive Modeling, Enterprise Management, Big Data, Quantitative Communication for Business, Macro/microeconomics, advanced business finance, business law, and Business Analytics, to name a few. Students enrolled in AU’s analytics undergraduate degree must complete 123 credit hours, plus an internship to graduate from Auburn University’s program.

Auburn University was established in 1856 as a land-grant school through the Morrill Land Grant Act. Additionally, AU is a sea-grant and space-grant institution of higher education. Auburn University’s campus is located in a college town, serving more than 30,000 students.

Highlight Auburn University was initially founded as the East Alabama Male College.

Degree Business Analytics, BS

7. Saint Louis University

Saint Louis University’s (SLU) Chaifetz School of Business offers a BS in Analytics and Enterprise Systems that has received accreditation from the AACSB – the Association to Advance Collegiate Schools of Business. Saint Louis University’s analytics degree program is considered one of the best business analytics degrees in the Midwest and the state of Missouri. Students graduate from SLU’s undergraduate degree in business analytics prepares graduates for a career as a systems analyst, a database administrator, a web developer, a network admin, or a systems designer.

Saint Louis University is a private university that was established in 1818. The school has a religious affiliation with the Roman Catholic (Jesuit) Church. About 8,000 students are enrolled in SLU at the St Louis campus or the international campus located in Madrid.

Highlight Saint Louis University holds the distinction of being the 2nd oldest Jesuit institution of higher education in the nation.

Degree Analytics and Enterprise Systems, B.S.

8. University of Tennessee-Knoxville

The University of Tennessee- Knoxville’s (UTK) Haslam College of Business offers a BS in Business Analytics. This course provides several concentrations to students in marketing, collateral option, information management, business/ engineering integration, international business, and supply chain management. UTK’s best business analytics degrees include coursework in data mining, regression analysis, statistics, database management, and data visualization, among others. UTK’s undergraduate program in business analytics is the perfect stepping stone to the school’s graduate program in business analytics.

The University of Tennessee- Knoxville was established in 1794, several years before Tennessee was adopted as the 16th state. UT Knoxville is the flagship and member school of the University of Tennessee system. Nearly 29,000 students attend UTK studying for degrees offered by the university’s eleven colleges/schools.

Highlight UTK holds the distinction of being the only school to have three simultaneous presidential paper editing projects.

Degree Business Analytics, BS

9. Marquette University

Marquette University’s College of Business offers a BS in business analytics that is recognized as one of the midwestern US’ best business analytics degrees. Marquette’s undergraduate business analytics degree includes classes in Integrative Business Analytics, Data Analysis, and Advanced Business Analytics, to name a few. Students majoring in business analytics must complete 30 credit hours in classes from the business analytics curriculum. Degree candidates in Marquette’s undergraduate analytics degree program must complete Marquette University’s core business curriculum for finance, economics, business law, marketing, human resources, accounting, and ethics.

Marquette University was established in 1881 and became the first coed school dedicated to Catholic Studies. The school’s urban campus covers nearly 100 acres and serves more than 11,500 students. Marquette University consists of eleven colleges/schools.

Highlight Marquette University was named in honor of the missionary Jacques Marquette.

Degree Business Analytics, BS

10. Valparaiso University

Valparaiso University’s College of Business offers two of the best business analytics degrees in the state of Indiana and the midwestern United States. Valparaiso University offers a Bachelor of Science (BS) degree or a Bachelor of Arts (BA) degree in Business Analytics that requires students to complete 125 credit units to graduate, plus an internship or cooperative education experience. Classes for Valparaiso’s undergraduate analytics degree in business include Data Mining, Statistics, Decision-Making in Business, Database Management, and a 3-credit internship. Previous internships available to Valparaiso students include Dow, the FBI, US Steel, the Red Cross, Northern Energy, and Bank First National, among others.

Valparaiso University was founded in 1859 by members of the Methodist faith. Today, however, the school maintains a religious affiliation with the Lutheran Church. Valparaiso University’s suburban campus covers more than 300 acres and serves more than 4,400 students.

Highlight Valparaiso University is organized into five colleges/schools, including engineering, business, nursing, Christ College, and Law School.

Degree Business Analytics, BS/BA

11. Saint Mary University

Saint Mary University’s Greehey School of Business offers a Bachelor of Business Administration degree with a major in Accounting and Data Analytics that is recognized among the best business analytics degrees in Texas and the entire southern part of the United States. Degree candidates must complete 150 credit units to graduate, which includes the full accounting degree program plus an additional 30 credit units in the business analytics field. Coursework includes Financial Modeling, Business Intelligence, Federal Taxation, Auditing, Statistics, Operations Management, and Organizational behavior, to name a few.

Saint Mary University is a Roman Catholic (Marianist) institution of higher education that was established in 1852. SMU’s urban campus serves nearly 2,400 students studying for more than 70-degree programs.

Highlight Saint Mary University holds the distinction of being the oldest Catholic school in the Lone Star State and the Southwestern US.

Degree Accounting and Data Analytics, BBA

12. Bowling Green State University

Bowling Green State University offers a BS in Data Science that prepares students to communicate using the language of statistics and math. BGSU’s best business analytics degrees require students to complete 122 credit units, including a senior capstone experience. Classes for this undergraduate degree in data science include Linear Algebra, Statistics, Calculus, Data Science, Statistical Learning, Regression Analysis, and a senior capstone project. Degree applicants should have a minimum of four years of college-prep math courses during their high school tenure.

Bowling Green State University is an institution of higher education that was founded in 1910. Bowling Green State University’s campus covers more than 1,200 acres and serves nearly 23,000 students across all campuses.

Highlight Bowling Green State University is organized into eight colleges/schools that offer more than 190 undergraduate degree programs.

Degree Data Science, BS

13. Loyola University of Maryland

Loyola University of Maryland’s Sellinger School of Business and Management offers a BS in Data Science that integrates the fields of statistics, information, and computer science. Students enrolled in Loyola University of Maryland’s best business analytics degrees must complete classes in Business Intelligence, Statistics, Calculus, Discrete Structures, Data Analytics, Multivariate Analysis, plus three electives, and a capstone project regarding the ethics of data science. Students graduate to find rewarding careers as business analysts, data mining specialists, business consultants, or business intelligence managers.

The Loyola University of Maryland was established in 1852. The Loyola University of Maryland maintains a religious affiliation with the Catholic Church (Jesuit). Loyola University of Maryland’s campus in suburban Maryland covers more than 90 acres and serves approximately 6,000 students.

Highlight Tom Clancy is an honored alumnus of the Loyola University of Maryland.

Degree Data Science, BS

14. Siena College

Siena College’s College of Business offers a BS in business analytics that is recognized among the best business analytics degrees in the northeastern United States and the country. Coursework for Siena College’s includes Time Series Analysis, Decision Making in Business, Business Intelligence, Statistics, Calculus, and Applied Matrix Algebra, plus core business course requirements. Internships are plentiful for degree candidates at Siena College in the many businesses headquartered in NY’s upstate capital region.

The Order of the Friars Minor established Siena College in 1937. Siena College is affiliated with the Roman Catholic Church (Franciscan). The school’s suburban campus in Loudonville – in the capital region of New York State – is home to more than 3,100 students and the St. Bernardine of Siena Friary.

Highlight Siena College school offers academic degrees in liberal arts, science, and business.

Degree Business Analytics, BA

15. Simmons University

Simmons University’s School of Mathematics, Computing and Statistics offers a Bachelor of Science (BS) degree in Data Science & Analytics that prepares graduates for a career as a meteorologist, data analyst, data architect, epidemiologist, and data scientist, to name a few. Students enrolled in Simmons’ best business analytics degrees complete an internship plus coursework in Statistics, Algebra, Regression Analysis, Data Mining, and Interoperability, to name a few. Internship opportunities began as early as a student’s freshman year. Simmons’ undergraduate data science degree has received accreditation from the AACSB – the Association to Advance Collegiate Business Schools.

Simmons University was established as an all-women’s college in 1899 but operates coeducationally at present. Simmons University’s urban campuses in the Back-Bay area of Boston serves nearly 5,000 graduate and undergraduate students.

Highlight Simmons University is a member school of the Fenway College Consortium, which includes four other local schools.

Degree Data Science & Analytics, BS

16. Marist College

Marist College’s School of Computing Technology offers a BS in Data Science and Analytics that requires degree candidates to complete 120 credit units to graduate. Marist College’s best business analytics degrees include coursework like Machine Learning, Statistics, Calculus, Data Mining, Data Visualization, plus a data science capstone and internship to graduate. Graduates find rewarding careers in the fields of academia, government, science, and business. Marist offers students the opportunity to choose a minor in math, computer science, technology, economics, chemistry, biology, political science, and criminal justice, to name a few.

Marist College was established in 1929 as a Catholic school. The school retains a religious affiliation with the Roman Catholic (Marist Brothers) Church. Marist College’s student enrollment exceeds 6,500 students studying for the more than 50 academic degrees offered by the school.

Highlight Marist College operates a campus that overlooks the majestic Hudson River in New York and another in Florence, Italy.

Degree Data Science and Analytics, BS

17. Pace University

Pace University’s Lubin School of Business offers an interdisciplinary BBA in Business Analytics that prepares graduates for a career as a financial analyst, operations analyst, business consultant, market researcher, and operations research analyst. Degree candidates in Pace University’s best business analytics degrees must complete 120 credit units include classes in Visual Analytics, Statistics, Finance Data Analysis, Data Mining, SQL for Business, Business Strategy, and Risk Analysis, to name a few.

Pace University was established as a private school in 1906. More than 8,000 students attend Pace University’s campuses in New York City and the neighboring county to the north – Westchester County. Harvard University has recognized pace University as a transformative educational experience.

Highlight Pace University is home to the Actors Studio Drama School and the long-running show Inside the Actors Studio.

Degree Business Analytics, BBA

18. Bethel University – Saint Paul

Bethel University – Saint Paul’s Department of Business and Economics offers a bachelor’s degree in Business with a specialization in Business Analysis and Analytics that is considered among the best business analytics degrees available in the education marketplace. Students graduate from Bethel University’s prepared for careers as a market strategist, a trend analyst, a business consultant, a data analyst, or business analyst, to name a few. Bethel University boasts a graduate employment placement rate of 98%.

Bethel University – Saint Paul was established in 1871 as a private institution of higher education. The school’s 275+ acre campus is home to more than 6,400 students and is located near Lake Valentine. Bethel University is an evangelical Christian school that has an affiliation with the Converge.

Highlight Bethel began as a seminary for Swedish Baptist immigrants.

Degree Business Analysis and Analytics

19. Chaminade University

The Chaminade University of Honolulu offers a BS in Data Science, Analytics & Visualization that is recognized among the best business analytics degrees available in the education marketplace. Coursework for Chaminade University’s data science degree includes Digital Humanities, Data Journalism, Geo-tagging, Data Analytics, and Ethics Seminar, to name a few. Students enrolled in Chaminade University’s business analytics program have a seven-course prerequisite, which includes SQL, Calculus, Python, and Machine Learning, among others.

Chaminade University was established in 1955. The school is affiliated with the Marianist Roman Catholic Church. More than 2,700 students attend Chaminade University studying for more than 25 undergraduate and graduate degree programs.

Highlight Chaminade University offers specialized degrees in business, nursing, biology, education, design, religious studies, and criminal justice.

Degree Data Science, Analytics and Visualization, BS

20. Jacksonville University

The Davis College of Business at Jacksonville University offers a BA in Business Analytics, which has received accreditation from the Association to Advance Collegiate Business Schools (AACSB), the only school in north Florida or southeast Georgia. Students enrolled in Jacksonville University’s best business analytic degrees graduate to find rewarding careers as a management consultant, an analytics consultant, a data scientist, and a business intelligence officer, among others. Jacksonville University’s undergraduate business analytics degree program requires the completion of 120 credit units, plus a required experiential learning experience.

Jacksonville University is a private school that was founded in 1934 as a junior college. Jacksonville University’s waterfront campus in downtown Jacksonville is home to more than 4,100 students studying for more than 100 undergraduate and another 20+ postgraduate academic degrees offered by the university’s six schools/institutes.

Highlight Jacksonville University’s flight team competes nationally against other schools and was the first-place finisher in 2007.

Degree Business Analytics, BA

21. Hofstra University

Hofstra University’s Zarb School of Business offers a BBA with a concentration of Information Systems and Business Analytics that is accredited by the AACSB – the Association to Advance Collegiate Schools of Business. US News and the Princeton Review recognize Hofstra University’s best business analytics degrees among the best business schools and programs. Coursework for Hofstra’s business analytics undergraduate degree includes Web Analytics, Python for Analytics, Intro to Simulation, and Business Forecasting, to name a few. Internships available with Ernst & Young, Intel, Cablevision, and Cisco, to name a few.

Hofstra University is a private university that was established in 1935 on Long Island, New York. Hofstra University is organized into ten colleges/schools that serve about 11,000 students on the university’s 200+ acre suburban campus.

Highlight Hofstra University originally began as a satellite facility for NYU on land owned by William Hofstra.

Degree Information systems and business analytics, BBA

22. Chatham University

Chatham University offers a BS in Applied Data Science Analytics that is considered one of the best business analytics degrees available today. Chatham University has been awarded as a college of distinction. Students enrolled in Chatham University’s undergraduate business analytics degree are permitted to take classes at U of Pittsburgh and Carnegie Mellon University. Coursework for Chatham’s business analytics degree includes Machine Learning, Database Management, plus internship opportunities with PNC, Hilton, Ford, Google, Home Depot, and the Pittsburgh Steelers, among others.

Chatham University was established in 1869 as the Penn. Female College. The school was renamed to Chatham College in the mid-1950s. Chatham University is organized into three schools/colleges – Chatham College, College for Graduate Studies, and the College for Continuing and Professional Studies.

Highlight Chatham University has been recognized by Kaplan as one of the most interesting colleges and universities in the United States.

Degree Applied Data Science Analytics, BS

23. Widener University

Widener University offers a BA in Business Analytics, which has received accreditation from the Association to Advance Collegiate Business Schools (AACSB). Widener University’s best business analytics degrees require the completion of 122 credit units over four years. Widener University offers an accelerated option for students to earn undergraduate and graduate degrees in only five years. Students enrolled in Widener’s data science program also have the option of completing as a yearlong paid practicum, while studying for the degree

Widener University was established as a prep school in 1821. The school has had several name changes in its nearly 200-year history. The school’s urban campus in Chester, PA, is near Philadelphia and New York City and home to more than 6,300 students.

Highlight Widener University operates four campuses in Chester, Exton, Harrisburg, PA, and Wilmington, DE.

Degree Business Analytics, BA

24. Manhattan College

Manhattan College offers aBS in Business Analytics that is considered among the best business analytics degrees in the northeastern US and in New York state. Manhattan College’s undergraduate degree in data science prepares students for a rewarding career in healthcare, finance, politics, telecommunications, and the media, to name a few. Degree candidates enrolled in Manhattan College’s business analytics program have the option of competing in the national Business Analytics Conference & Competition.

Manhattan College was established as a Roman Catholic (Lasallian) school in 1853 in downtown Manhattan, NY, on Canal Street. The school’s campus in NYC’s most northern borough covers more than 20 acres and serves nearly 3,200 students studying for academic degrees offered by the college’s six schools. Money magazine recognizes Manhattan College as a national transformative institution of higher education.

Highlight The school offers academic degrees in engineering, business, and education at the baccalaureate level.

Degree Business Analytics, BS

25. Ohio State University

Ohio State University offers a BS in Data Analytics that requires students complete coursework in calculus, visualization, software design, probability & statistics, and data mining, to name a few. Degree candidates in Ohio State University’s best business analytics degrees will also complete an internship in one of the many companies available in the banking, retail, sports, finance, and healthcare industries. More than 70% of OSU data analytics graduates have one job offer prior to graduation. Previous graduates work for JJP Morgan Chase, Zillow, and Ford.

Ohio State University was established in 1870. The school is the flagship campus and a space-grant, sea-grant, and land-grant institution of higher education. The school’s main campus covers more than 1,500 acres and serves more than 61,100 students.

Highlight OSU’s business school is recognized among the top 15 schools in the country by Bloomberg Businessweek.

Degree BS in Data Analytics

Is Business Analytics a Good Career?

If you are considering a degree in business analytics, then you want to consider your long-term goals. It is a good choice if you plan to work in a leadership position or you want to learn the corporate communication skills you need to move forward in a corporate career. The program may also help if you have worked in a business setting previously and want to develop your technical skills to improve company growth.

A career in business analytics is a good choice when you want to work in a corporate setting. The degree program teaches students the process of analyzing data sets and predicting potential future outcomes based on statistical probability. It also provides students with a strong foundation in communication skills that help them clarify potential concerns to decision-makers in the company.

Careers in business analytics focus on helping businesses grow by providing actionable solutions to help address potential concerns. It uses big data and information to evaluate outcomes, so businesses can adjust to changes or situations that may arise over time.

A career path in business analytics offers a variety of potential opportunities for students. The challenge when evaluating a career in analytics is clarifying the role you may play in a business. You also want to look into careers in analytics that allow you to advance over time. Companies need professionals who are able to evaluate the data, clarify the potential outcomes, and advise the top leadership to make better choices for long-term growth. By clarifying the potential growth of your career, you are able to determine if a company has the opportunities you want to reach your long-term goals.

Taking on a business analytics degree prepares you to work in a STEM field as well as a business environment. It is a flexible degree program that helps you evaluate statistical data and present options for businesses to make effective decisions.

What Can I Do with a Degree in Business Analytics?

What can I do with a business analytics degree? It depends on your interests and goals. When you are asking what can I do with a degree in business analytics, you are ultimately looking into various solutions for your long-term goals.

When you are looking into what can I do with a degree in business intelligence and analytics, the obvious career is working as a business analyst. The career focuses on utilizing the skills you develop in the degree program. You focus on analyzing big data sets and using statistics to clarify potential outcomes. The career combines computer science skills with statistics and business skills to come up with realistic solutions to address concerns for a company.

If you are interested in spending more time focusing on the analytical aspects of the degree, then you may consider a role as a data scientist. A data scientist may focus on computer science or analysis. You can focus on your area of interest and emphasize the skills that appeal to your personal goals.

Individuals who are more interested in evaluating future outcomes may also consider a career in quantitative modeling. The degree provides the fundamental training you need to assess potential risks to a company and make predictions about future outcomes. You use quantitative strategies and modeling to predict future outcomes and then make suggestions based on the solutions that may help the company grow.

A business analytics degree offers a variety of opportunities for your career. You are able to work in computer science, data analytics, predictive modeling, or other areas of data analytics that appeal to your personal interests and long-term career goals.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

25 Best Mathematics and Statistics Master’s Programs for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

The best Masters in Mathematics and Statistics can provide students with the skills they need to compete in a highly specialized niche. These degrees are often considered to be elite, simply due to the intricate and highly detailed nature of the work that is done. Those who have that passion can expect to excel in almost any type of career that relies on mathematics or statistics as a core component. This includes manufacturing, finance, insurance, and economic development.

If a student chooses to pursue a degree in mathematics or statistics, they are opening the door to an extremely lucrative career path. Actuaries, research analyst, or economists are all in high demand and will allow you to advance when the opportunity arises. In today’s technology-oriented world, these careers will continue to expand and grow. The opportunities for advancement will only be limited by the student’s desire to move forward.

Methodology: Ranking the Best Mathematics and Statistics Master’s

To rank the best mathematics and statistics master’s degree programs for business, Great Business Schools focused on accredited, trusted institutions known for educational quality and graduate success. From our initial research, we ranked programs by practical data: Cost, Reputation, and Salary, using numbers from IPEDS, College Scorecard, and Niche.

1. Rice University

When you are looking for the best statistics masters degree program to help with your long-term career goals, the program at Rice University is a good option to help with your plans. The Master of Statistics from the university emphasizes the use of statistics in a professional setting. It teaches students the processes to apply their knowledge and skills to business, healthcare, defense, and other professional fields.

Rice University stands apart from other programs by teaching students from world-class professionals in statistics. The university also provides students with research opportunities that offer practical skills that they can use when working on their long-term career goals. By emphasizing a combination of research and practical application of skills, students are able to prepare for their careers.

Highlight Rice University founded the statistics program in the university in 1987 and has emphasized research since it was founded.

Degree Masters Degree in Statistics

2. Carnegie Mellon University

Obtaining the best masters in mathematics prepares you to take on challenging career goals. Carnegie Mellon University offers one of the best programs for students who want to pursue a master’s degree in mathematics. The Master of Science in Mathematical Sciences provides students with a strong foundation in mathematics and statistics to prepare for a challenging career path. It provides students with the opportunity to work on developing their skills and building on previous knowledge.

Carnegie Mellon University allows students in the mathematical sciences program to focus on their own area of interest as it applies to mathematics at the master’s level. Students work with the department head and the director of graduate studies to ensure that classes are appropriate for the degree program. The level of customization sets the program apart and allows students to develop skills that are ideal for their career goals.

Highlight Carnegie Mellon University offers research opportunities to students in the mathematical sciences master’s program.

Degree Mathematical Sciences, MS

3. University of Notre Dame

The University of Notre Dame offers one of the best masters programs in statistics for students who want to focus on statistics for their careers. The Applied and Computational Mathematics and Statistics program at the master’s level provides students with a firm understanding of the application of statistical data and mathematical formulas used in the finance industry. The program teaches students the practical application of problem-solving skills as well as the analytical skills they need to work in a fast-paced environment.

The University of Notre Dame stands out by focusing on the use of mathematics in a specific industry and field of study. Since it teaches students to use their skills in the finance industry, it gives students the opportunity to gain experience that fits with their career goals. It is ideal for students who want to work in the finance industry to support other professionals or to evaluate data.

Highlight The University of Notre Dame sets high standards for student excellence and has multiple requirements before students qualify for the master’s program.

Degree Applied & Computational Mathematics & Statistics, MS

4. University of Chicago

The University of Chicago offers one of the best statistics masters programs for students who want to work in mathematics and statistical research. Master of Science in Statistics provides students with the fundamental tools they need to evaluate statistical data. It provides a strong foundation that gives students the opportunity to work in a variety of fields or industries.

The University of Chicago takes a comprehensive quantitative approach to statistics. The program encourages students to learn the theories behind statistics as well as the practical application of statistics in different fields or industries. It also emphasizes research and allows students to work directly with researchers as consultants to gain practical experience.

Highlight The University of Chicago requires students to complete a Master’s paper as part of the program.

Degree Statistics, MS

5. Lehigh University

Lehigh University offers one of the best masters in mathematics for students who want to study statistics. The master’s degree in statistics emphasizes the importance of probability when evaluating and reviewing data. It teaches students the proper way to use information and data to draw conclusions based on the probability of an outcome and the specific amount of information gathered for the data.

Lehigh University allows students to choose from two tracks of study. Students can study Stochastic Modeling or Statistics as part of the program. Since students can choose from two tracks, it allows students to gain specialized skills or to maintain generalized skills based on their personal goals.

Highlight Lehigh University requires students in the master’s program to pass an exam on statistics, probability, and linear algebra before they qualify for the program.

Degree Statistics, MS

6. Michigan State University

Michigan State University offers one of the best statistics masters programs for students who want to focus on using data to learn. The Statistics and Probability program emphasizes the use of information to solve real-world problems and to evaluate theoretical concerns that may arise in the future. That emphasis on solving problems ensures that students are prepared to work in a variety of industries and fields.

Michigan State University stands out by focusing on quality education. It emphasizes the use of statistical data in real-world settings and ensures that students are aware of the uses of statistics in different fields or industries. That focus on ensuring that students have practical and theoretical skills helps students work on their personal career goals.

Highlight Michigan State University allows students to transfer credits from other accredited colleges and universities.

Degree Statistics & Probability, MS

7. Binghamton University

The Statistics program for master’s level students at Binghamton University prepares students to handle the challenges they will face in a real-world environment. As a master of arts program, students are given a versatile curriculum that offers unique perspectives into the application and use of statistics in different fields of study or industries. Students are encouraged to develop their mathematical skills while also learning to use modern tools and technology.

Binghamton University stands out from other programs by exposing students to software and tools, as well as theories and methods, used in statistics. By ensuring that students are fully aware of the use of software and technology in modern statistical analysis and data science, the university prepares students to work in challenging careers.

Highlight Binghamton University offers a 4 + 1 program for students who obtain a bachelor’s degree from the university, so students can finish the master’s program in one year.

Degree Statistics, MA

8. Case Western Reserve University

The Master of Science in Statistics from Case Western Reserve University is one of the best programs for students who want to work as a statistician or take on challenging roles in data analysis. The program gives students a strong foundation in mathematical skills, theories, and formulas that are used in statistics and probability. It also allows students to focus on their personal goals by providing a level of customization to course materials.

Case Western Reserve University allows students to work with senior faculty or the director of graduate studies to develop a plan for their course materials and studies. While students will need to complete certain courses as part of the program, they also have the opportunity to choose specialized courses that develop their skills as it relates to their career goals.

Highlight Case Western Reserve University requires students to complete a master’s thesis or research project as part of the program.

Degree Statistics, MS

9. Duke University

Duke University offers one of the best graduate degree programs in mathematics for students who want to focus on developing their skills and building on their educations. The PhD program in Mathematics takes an interdisciplinary approach to the study of math and encourages students to interact with others in computing and statistics programs. It offers students insight into different ways that math may apply to variable fields or industries.

Duke University offers seminars to encourage intellectual engagement in students. The regular seminars offer students the opportunity to keep up with modern advances in mathematics. Students can also learn from the annual events available in the form of seminars that allow students to gain an understanding of specialized areas of mathematics.

Highlight Duke University collaborates with a variety of companies, like IBM and Cisco Systems, as well as other universities to give students opportunities throughout their education.

Degree Mathematics, PhD

10. Brown University

Students who want to gain a firm understanding of mathematics and the application of mathematics in real-world situations will find that the Applied Mathematics program from Brown University offers an opportunity to develop their skills. The Master of Arts program emphasizes the use of math in a variety of fields and industries. It also looks into the practical uses of mathematics to solve problems and engage in research projects.

Brown University stands apart by taking an interdisciplinary research approach to the topic of applied mathematics. Students are encouraged to evaluate the ways that mathematics may apply to computing, finance, and scientific computation. By providing students with a strong foundation in multiple topics and areas of study, students are able to work in different industries based on personal interests and goals.

Highlight Brown University offers annual seminars on topics related to mathematics, such as probability, throughout the school year.

Degree Applied Mathematics, MA

11. Northeastern University

Northeastern University offers one of the best masters in mathematics for students who want to improve their knowledge of math studies and the application of math in different fields or industries. The Master of Science in Mathematics program emphasizes proficiency and capability in mathematics studies, formulas, and applications as a critical part of the degree program.

Northeastern University stands out from other programs by setting minimum standards for student proficiency and developing custom strategies to help students improve their skills. Students take examinations to evaluate their current level of skill before they work with advisors to determine the right course materials. The degree program also requires students to maintain a 3.0 GPA or higher.

Highlight Northeastern University offers an optional co-op program to allow students to gain professional experience when they are working on their degrees.

Degree Mathematics, MS

12. Emory University

Emory University offers a master’s degree in mathematics that prepares students for a rigorous career in a math-related field or to pursue a higher level of education. The program provides students with a strong foundation that builds on previous studies at the bachelor’s level. It provides students with the skills to become competent in their industries and to provide support in a variety of careers or jobs.

Emory University offers two tracks for students in the mathematics program. Students can study pure mathematics or computational mathematics. By allowing students to choose between different tracks, it provides an opportunity for students to work on building their skills and abilities. Students can also choose to work on a master’s thesis or take the course-only program, based on their goals and preferences.

Highlight Emory University offers a scholarship for master’s level students that covers half of the tuition costs, though students must pay the remaining tuition and academic fees.

Degree Mathematics, MS

13. University at Buffalo

The University of Buffalo offers a Master of Arts in Mathematics that prepares students to work in the government, the education system, or more traditional industries. It emphasizes the skills students need to work in any field while using mathematics as a key part of their abilities. The emphasis on student interaction with faculty allows students to stay engaged throughout their courses and work with professors to address concerns that may arise.

The University of Buffalo provides opportunities in mathematics research that gives students a strong foundation in topics related to math. Research projects from professors range from pure mathematics research to applied mathematics research, so students gain a broad understanding of the different types of mathematics that may interest them in a future career.

Highlight The University of Buffalo requires students to go through a corporate internship as part of the master’s degree program.

Degree Mathematics, MA

14. Tufts University

Tufts University offers a master’s degree in mathematics that focuses on building a vibrant view of student education and working directly with faculty to help students reach their goals. The program emphasizes mastery of mathematics as well as building a deep understanding of a specialized sub-field that prepares students for their career goals.

Tufts University stands apart from other programs through the research opportunities available to students. Since the professors are invested in many different fields of research related to mathematics, students are able to develop their personal interests and work under professors to gain a deep understanding of a specific field of study. It also allows students who plan to continue their education after a master’s degree to start working on research projects.

Highlight Tufts University offers a mentorship program for master’s level students.

Degree Mathematics, MS

15. Clemson University

The Mathematical Science degree program at Clemson University is one of the best programs for students who want to work in mathematics. The program focuses on training students to work as a mathematical scientist and provides a broad base of math studies to help students obtain their goals. It also emphasizes math science and the different ways to apply mathematics to scientific studies and research.

Clemson University stands out from other programs by emphasizing oral and written communication as part of the program. Students are expected to give oral presentations and to work on written reports throughout their studies to gain a firm understanding of effective communication. The focus on communication allows students to learn effective ways to discuss complex ideas with professionals who may not have the same training in mathematics.

Highlight Clemson University requires students to complete a master’s project in their second year of studies.

Degree Mathematical Science, MS

16. University of Miami

When you’re looking for the best masters in mathematics to prepare for a career in the finance industry, then the Mathematical Finance program at the University of Miami is a good option for your goals. The degree program emphasizes statistics, probability, computational math, and stochastic calculus as a key part of training for a career in finance. It also provides a strong foundation in the use of mathematics for analysis in financial models.

The University of Miami stands out by emphasizing mathematics as it applies to the finance industry and analysis within finance. The focus on topics related to risk management, financial mathematics, and financial computation ensures that students are able to start working in the finance industry when they complete their degrees. It provides a strong foundation in mathematics and finance to offer opportunities for student careers in different fields or industries.

Highlight The University of Miami allows full-time students to complete the degree within three semesters of study.

Degree Mathematical Finance, MS

17. George Mason University

George Mason Universit y offers a mathematics degree at the master’s level that helps students develop the skills they need for their long-term goals. The program emphasizes foundational courses to help students review previous knowledge before building on the fundamentals with modern mathematics courses and applied mathematics. It also encourages creativity in students to help them develop skills they may need in future careers.

George Mason University stands out by offering flexible solutions for student education. Students can work around personal obligations or current career requirements by taking courses on a part-time basis or a full-time basis. It recognizes that students may have complications with their schedules and offers evening courses to help students who may have limitations when it relates to traditional courses.

Highlight George Mason University offers three tracks in mathematics: pure mathematics, computational mathematics, and applied mathematics.

Degree Mathematics, MS

18. Kansas State University

When you want to find the best statistics masters for your long-term goals, the program at Kansas State University is a good option to help with your plans. The statistics degree program builds on a student’s prior education in calculus, linear algebra, and matrix algebra to prepare students to understand the information and data gathered for statistical analysis. It then provides a strong foundation in gathering data, analyzing information, and evaluating probable outcomes based on the data.

Kansas State University allows students to choose from a non-report program and a report program when working on their master’s degrees. The non-report program allows students to focus solely on their courses and studies. The report program prepares students for a career in research and allows students to gain experience working on research projects.

Highlight Kansas State University requires students in the non-report program to complete an examination to show competency in statistics at the beginning of the semester.

Degree Statistics, MS

19. Texas Tech University

If you want to focus on the best masters programs in statistics, then the Master of Science in Statistics from Texas Tech University is a good option for your goals. The degree program offers students the opportunity to focus on their personal goals based on the standards for employment and requirements when seeking more advanced studies. The program focuses on ensuring that students have a strong foundation in mathematics and understand the processes to analyze data and evaluate probability based on the information.

Texas Tech University allows students to work on a degree program with a level of customization. Students work with the Director of Graduate Studies to develop courses that fit their goals and situation. Since each student must have their course materials after the first semester approved by the Director of Graduate Studies, it is possible for students to focus on specialized skills and courses.

Highlight Texas Tech University offers three options for students in statistics: a thesis program, a report program, and a non-report program.

Degree Statistics, MS

20. University of Connecticut

The University of Connecticut offers a master’s degree program in statistics that emphasizes the application of statistical data in real-world environments and situations. Since it takes an applied statistics approach to study, it provides students with a strong foundation in mathematics and the analysis of data using traditional techniques within statistics. It also emphasizes probability and evaluating potential outcomes based on probability formulas.

The University of Connecticut stands apart from other programs by encouraging students to take elective courses in non-statistics classes. Students are encouraged to take at least one elective in an area outside of traditional statistics to learn the application of their skills in specific industries. That gives students the opportunity to emphasize an area of study that fits with their career goals.

Highlight The University of Connecticut requires students to take a part-time or full-time internship as part of their course materials.

Degree Statistics, MS

21. Boston University

Boston University offers a Master of Arts in Statistics program that allows students to develop the skills they need to work in a variety of industries. The degree program emphasizes traditional statistical theories as well as computational statistics and data science. Students learn to evaluate information based on statistical data and make decisions that help companies by recognizing the probability of a potential outcome.

Boston University stands out by emphasizing probability, stochastic theories, and computation. It prepares students for a rigorous career in fields that range from technology and finance to traditional mathematics and government roles. The flexibility of the program ensures that students are able to develop the relevant skills they need for their career goals.

Highlight Boston University requires students to take two qualifying examinations. Students take exams in theory and applied statistics.

Degree Statistics, MA

22. Auburn University

The Master of Probability and Statistics program from Auburn University prepares students to handle the challenges of working in a fast-paced environment. The degree emphasizes the role of probability in statistical data and provides students with a firm understanding of data analysis. It teaches students the theories behind statistics as well as the applied processes to evaluate and use data in an effective manner.

Auburn University takes an interdisciplinary approach to the topic of statistics. It recognizes that students will need to apply their knowledge and mathematics skills to different industries and settings, so it offers insight into other areas of study that may impact a student’s career goals. The interdisciplinary approach gives students the flexibility to work in a variety of fields or industries.

Highlight Auburn University’s Probability and Statistics program is a non-thesis program.

Degree Master of Probability and Statistics

23. Brandeis University

Brandeis University offers a Master of Arts in Mathematics that recognizes the value of mentorship from faculty. The program allows students to interact with professors and get help with their studies. It also provides an opportunity for students to meet and interact with professional mathematicians from different environments and backgrounds. The emphasis on engagement with experienced professionals and the opportunity to work with professors as mentors ensures that students are prepared for their careers.

Brandeis University offers seminars, colloquia, and lectures throughout the year to help students gain insight into the ways math may apply in real-world environments. It provides students with a firm understanding of their opportunities for a career and prepares students to handle different situations through the experience of the faculty and guests. Students are encouraged to attend lectures, seminars, and related events throughout their studies.

Highlight Brandeis University offers merit-based and need-based scholarships to students in the master’s program. In some cases, students may qualify for tuition reductions.

Degree Mathematics, MA

24. New York University

New York University offers a Master of Science in Mathematics degree program that emphasizes the fundamentals. It requires students to focus on building a strong foundation in mathematics before taking elective courses that offer specialized training. The emphasis on the fundamentals helps students maintain their skills and build on past education for a strong ability to apply their knowledge in a real-world setting. Students are expected to take basic and core classes before moving into more advanced studies throughout the program.

New York University differs from other programs by preparing students for a variety of industries. While students focus on the basics in early studies, they move into more advanced fields like scientific computing and differential equations throughout their courses. Students are also able to take elective courses in applied mathematics and pure mathematics based on their goals and interests.

Highlight New York University can choose to take comprehensive written exams instead of working on a thesis to complete the degree program.

Degree Mathematics, MS

25. Syracuse University

Syracuse University offers an Applied Statistics program at the master’s level for students who want to use statistics in their careers. The degree program focuses on developing analytical skills in students so they are able to make inferences based on data. It teaches students to use probability and analytical skills to evaluate data and clarify the potential outcomes in different situations. That focus on evaluating information and applying the data to real-world situations ensures that students are able to work in different careers and industries.

Syracuse University takes an interdisciplinary approach to the topic of statistics. It recognizes that statistics are used in different industries and ensures that students are aware of the variations in methodologies and data management that may apply to different environments. Students are prepared to evaluate data in the healthcare industry, technology industry, and traditional business environment. It also provides students with a strong foundation in mathematics that allows them to work in a math-related field. Students gain insight into the practical application of statistics in different jobs.

Highlight Syracuse University does not require students in the master’s program to complete a thesis or take specialized exams.

Degree Applied Statistics, MS

Why Should I Get a Master’s in Mathematics and Statistics?

Mathematics is a language that is often misunderstood. Many avoid studying math or statistics due to the difficulty they have in learning the fundamentals. Those who continue to pursue a degree program in mathematics or statistics often discover the beauty of the actual language once they have worked their way past the more tedious lessons.

Having a strong interest in numbers is required if a student is intent on pursuing a career in statistics or mathematics. Even with the best statistics Master’s degree, it will be difficult to excel in your position if you don’t have a true passion for numbers and the language of mathematics.

How Do I Choose a Mathematics and Statistics Graduate Program?

Choosing from the best graduate math programs is an essential part of getting the education you need if you want to find the right career path. Graduates who have a background in Mathematics or Statistics are in high demand. Many industries, including insurance, finance, economics, and even manufacturing, use statistics and mathematical equations to determine probable risk as well as viable solutions for alleviating that risk. They also rely on statisticians and actuaries to predict possible changes in growth so they can protect their assets and ensure financial security.

The key to finding the best graduate math programs to help you achieve your goals is to look for those that offer additional resources. This can mean internships that give the graduate an opportunity to work within their chosen field at a company that encourages new growth. Mentorships are also a great resource for students who are preparing to graduate and enter the workforce. Look for colleges and universities that promote hands-on experience as part of the education process.

Another excellent way to choose the top statistics graduate programs is to talk to recent graduates. Talking to these graduates will give you insight into what is included in the coursework and what programs a college or university offers to their students. Learn as much as you can about the programs and what opportunities you will have once you graduate and are ready to go to work,

What Can I Do With a Master’s in Mathematics?

Earning a Master’s degree in Mathematics or Statistics can offer you several options when it comes to career choices. Mathematicians and statisticians can assess risks when it comes to investments, mergers, acquisitions, and many other corporate or managerial decisions. Knowing the mathematical reasoning behind many of these decisions will allow people to better understand why some decisions are made. Those with a Master’s degree in Mathematics and Statistics are expected to be able to provide these answers.

Master’s degrees in Mathematics and Statistics are also useful in the field of research and development. Mathematical and statistical theory are used extensively in predicting the outcome of equations and projects that businesses rely on. This is especially true when it comes to economics. Being able to analyze large amounts of data and utilize that knowledge in such a way to direct a business’ financial decisions will have a powerful impact on whether or not it is successful in its endeavors.

Actuaries that have gone on to receive their Master’s degree in Mathematics or Statistics are often guaranteed higher wages for the simple fact that they are relied upon so heavily. Companies rely on their decisions when it comes to dealing with varying types of risks, some of which could be devastating. An actuary has the necessary skills to identify each risk and create a viable solution that will keep the company they work for moving ahead at a steady pace with few glitches or disturbances. Actuaries can be found in almost any industry, but are predominantly known for working in the financial industry. Insurance companies also use actuaries on a daily basis due to the nature of their business and constant exposure to risk.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Most Affordable Online Mathematics and Statistics Master’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Earning an affordable Math Master’s degree can be rather easy if you choose the right college and know how to properly utilize the resources you have available to you. It’s important to remember that you do not want to trade affordability for quality. With that being said, you have multiple options when it comes to colleges and universities that are well-known for their academic excellence. The first way to save money is to find the school with the tuition costs that are in your range. You will also have to include the cost of your books and housing if you plan on living on campus.

The second step is to find grants and scholarships that will help you reduce your overall cost. While you may still have to finance a small portion of your tuition, there are multiple grants and scholarships for undergrads who are enrolling in a Mathematic Master’s degree program. If a student is already employed, their company may offer a reimbursement program that will allow the graduate to recoup some of their tuition costs once they complete their studies. Taking courses online is sometimes cheaper than on-campus courses.

Methodology: Ranking the Most Affordable Math and Statistics Master’s

Obviously, there has to be more to a ranking than cheap tuition. Great Business Schools editors feature only accredited, trustworthy programs that have a proven track record of quality. But from there, the ranking is presented in order of tuition cost, from lowest to highest, using IPEDS data.

1. Wayne State University

Wayne State University offers an affordable MA in Mathematical Statistics degree programs for students who are interested in working as an actuary, statistician, operations research analyst, or any type of job where mathematics and statistical analysis are commonly used. With this type of degree, students learn skills that allow them to record and understand statistics and to use that information to create actions that provide the desired results. An affordable math Masters degree can open the doors to opportunities for advancement that will further their career.

Wayne State University enjoys a rich history that proves the quality of its degree programs and the reputation of its staff. The university embraces a very diverse student body that brings together students from several cultures. Wayne State University goes to great lengths to ensure each graduate is fully prepared to take the next step, whether it be enrolling in a graduate degree program or entering the workforce as a professional. Graduating with a Masters of Arts in Mathematical Statistics degree from Wayne University is the first step toward creating the career of your dreams.

Degree Master of Arts in Mathematical Statistics

2. Stanford University

Stanford University offers an affordable M.S. in Statistics for students who plan on entering the workforce as an actuary or other professional who deals primarily with mathematics and various types of equations. Statistics and mathematics are used to some degree in almost every industry. Statistics are used to evaluate the health of a business, determine potential risk and to make predictions about a company’s future. An affordable math Master’s degree program provides graduates with the necessary skills to be successful in whatever career path they choose.

Stanford University has been a leader for many decades when it comes to offering the highest level of education to students who are interested in becoming professionals in their chosen career fields. Faculty members and instructors teach from experience, offering their students both sound advice and guidance to assist them in making their way through any situation. Graduates leave Stanford University knowing they have a degree from one of the most reputable universities in the world. They also know they have the skills they need to get the type of job they are looking for.

Degree Statistics, MS

3. Georgia Institute of Technology

Georgia Institute of Technology offers an affordable MS in Statistics that can be used to gain employment in one of several different industries. With an MS degree in Statistics, a graduate can find employment as an actuary, statistician, or quantitative research analyst among others. Aj affordable math Master’s degree program offers the skills a graduate needs to be a leader in their field. This includes teaching them how to take whatever action is needed in order to resolve a situation that could have a devastating effect on the business. Georgia Institute of Technology’s MS in Statistics degree program offers students an opportunity to pursue their career goals at a price they can afford.

Georgia Institute of Technology is one of the premier colleges in the southeastern United States when it comes to state of the art resources and quality course material. Students who attend the college receive guidance and support from professionals who have chosen to become instructors. The insight these professionals provide to the students gives them a unique perspective about the career field they are preparing to enter. As students graduate, they can rest assured, they have all the tools and skills they need to succeed in whatever job they choose to accept.

Degree Statistics, MS

4. University of New Mexico

The University of New Mexico offers an affordable Master’s in Statistics for students who are ready to take the next step in their career. A Master’s degree in Statistics opens the door for students who are interested in finding employment as an actuary, statistician, quantitative researcher, or any other position where statistics and data are used on a regular basis to conduct business. Graduates who earn an MA in Statistics can explore job opportunities on both a domestic and international level.

The University of New Mexico has a positive reputation when it comes to providing students with a quality education. The coursework that is offered by the University is comparable to other universities in both quality and consistency. Faculty members and instructors dedicate their time to making sure each student fully understands the core concepts they are being taught. Students are offered a variety of opportunities to gain experience while they attend classes at the University. An MA in Statistics degree is the first step in moving forward once you know what type of career you want to pursue.

Degree Statistics, MA

5. University of Illinois

The University of Illinois is offering an affordable Masters in Statistics degree for students who are looking to expand on their Computer Science and other Mathematics degrees. It offers tangible benefits for individuals who are working as statisticians and actuaries with insurance companies and financial organizations. The skills and resources provided by the University lay the groundwork that the graduate can build on as they begin to lay the foundation for their career. With an affordable MS in Statistics from the University of Illinois, graduates can rest assured they are ready to establish themselves as professionals.

The University of Illinois is one of the most well-respected universities in the country when it comes to state of the art technology and advanced academics. Faculty members are hand-picked to teach courses that are designed to not only push the boundaries of learning but also challenge the students to think for themselves. They are taught to look for solutions that are innovative and sound. They can accomplish all of this and more with an affordable math Master’s degree from the University of Illinois.

Degree Statistics, MS

6. Iowa State University

Iowa State University offers an affordable Masters in Statistics that can be used to pave the way for a new career or open the door to new opportunities in an existing career. A degree in statistics or mathematics is for those who excel when working with numbers. Students are provided with the skills they need to analyze large amounts of data/ This enables them to predict possible outcomes and create proactive solutions to keep their businesses running smoothly.

Iowa State University has a solid reputation throughout the Midwest for being one of the most reputable schools in terms of academics and advanced class programs. Students enjoy state of the art technology and resources that they can use throughout their college career to gain the experience they need to continue to make advancements. Once they graduate, their MS in Statistics will provide them with new opportunities as they take the first steps toward their future career.

Degree Statistics, MS

7. Florida State University

Florida State University is one of the country’s most popular schools when it comes to affordable math Masers in Statistics. With an MS in Statistics, Florida State students are taught how to evaluate and analyze data, determine the probability of risk, and find innovative solutions that can be used to protect the interest of both the customers, as well as the business. They are able to participate in internships and other programs that give them a chance to earn hands-on experience. With an affordable Master’s degree in Statistics, students can begin their career with confidence.

Florida State University has a long-standing reputation throughout the south for providing students with a quality education. Faculty members are proven professionals who have dedicated themselves to teaching their students everything they know about mathematics, statistics, and the theories and concepts that go along with each. Students who graduate with their Ms in Statistics from Florida State University carry with them everything they need to succeed.

Degree Statistics, MS

8. North Carolina State University

North Carolina State University provides a Masters of Statistics degree program for students who have made the decision to further their careers. This affordable math Masters program includes all of the courses that are required to pass specific certification tests as well as ensure the student has leadership skills. By instilling these skills students will be confident in their ability to create positive solutions for difficult situations. With a Master of Statistics degree, every graduate can work toward achieving their full potential.

Students who attend North Carolina State University are exposed to a learning environment that has been proven to produce scholars of the highest quality. From the coursework to the faculty members, the University has put together a learning system that works. Diversity is key and challenges are designed to not only educate but also inspire each student. Once a student receives their degree, they are on their way to a successful and exciting future.

Degree Master of Statistics

9. University of Colorado Denver

The University of Colorado Denver offers an affordable math Masters in Statistics for students who want to complete their Mathematics degree. Skills, tools, and resources are offered that enable students to rise to the challenge of any situation and be able to create viable solutions. The knowledge they receive will allow them to pass any certification test that is required for their position. Earning an MS in Statistics will help each graduate achieve the goals they have set for themselves.

For decades, the University of Colorado – Denver has set the mark for students in the area who want to pursue their education. Both students and faculty come together to create a learning environment that is like no other. The resources provided by the University offer students additional insight into the theories and concepts they must learn to be successful. Obtaining an affordable math Masters in Statistics from the University of Colorado is the first step in the process.

Degree Statistics, MS

10. University of Maryland

The University of Maryland offers a Master’s degree program for both Applied Mathematics & Statistics and Scientific Computation. Students who choose to pursue either one of these degrees have already advanced to a point where the education they receive must go above and beyond in terms of skills and knowledge. These skills can open doors in the fields or research, industry/manufacturing, insurance, and finance. Graduating with an affordable math Masters in either of these areas will provide the student with all the tools they need to become certified in their chosen field.

The University of Maryland has set the standard for education in the state when it comes to higher learning and helping its students take their first steps toward a new career. Faculty members are committed to providing an education that will allow each student to succeed, be it as an employee or a member of management. The University has established an environment that empowers as well as educates giving each graduate the confidence to achieve any goal they choose to pursue.

Degree Applied Mathematics & Statistics, and Scientific Computation, MS

How Should I Get My Master’s in Mathematics: Online or On-Campus?

Every person is different. If a student needs a more structured learning environment, attending classes on-campus may be their best bet. On-campus learning also offers personal interaction with faculty members and counselors. Students who attend class on-campus also have access to study groups and gatherings that can be extremely beneficial for students who are having difficulty. Online campuses also offer a distraction-free learning environment where students can complete their work without interruption.

If you are wondering how to get a Masters degree in Mathematics without attending class on campus, you have the option to attend your classes online. Online degree programs offer the exact same course materials that you would receive if you chose to sit in a classroom. The primary difference is that you are able to do your coursework when it is most convenient for you. The flexibility of online classes allows you to work a full-time job and still attend class and earn your degree. This is a great way for someone who has already established themselves to go back to school and earn their degree. Having the additional credentials may provide more opportunities for advancement much quicker than gaining years of experience.

How Much Can I Make with a Master’s in Mathematics?

Graduates who have earned a Masters in Mathematics degree can expect to earn approximately $90,000 to $105,000 a year. In 2011, the median salary for an analyst, or a similar position was approximately $78,840 per year. Over the past few years, the number has steadily increased due to the high demand for qualified personnel who had the required skills to work as a mathematical/statistical professional. Graduates who possess a Master’s degree in various mathematical professions can expect to earn a higher salary, especially if they have experience.

When it comes to salary for individuals who have earned a Master’s degree in Mathematics, there are several factors to consider. The person’s education is only part of the equation. Two significant factors are years of experience and performance (either in school or while performing their duties). Individuals who have already earned a Bachelor’s degree and are using their Master’s as a means to advance within their career can expect a much higher salary than someone who graduates with a Master’s degree but has no tangible, hands-on experience.

How Much Can I Make with a Master’s in Statistics?

The earning potential of a graduate with a Master’s Degree in Statistics averages about $80,000 per year. That is the average for 2016, so 2020’s numbers are somewhat higher. A graduate’s future earning potential is only limited by how far they want to push themselves. Graduates with a Master’s degree in Statistics may start out at a considerably lower wage, but if they have the skills and determination, they can prove themselves rather quickly.

Statisticians who are already working in their chosen career can increase their earning potential by returning to school and earning an advanced Master’s degree. Hands-on experience combined with an advanced Master’s degree in Statistics will increase your opportunities to move forward. It may even open the door to management positions. The key is to get high grades and pass a certification test that will vouch for your knowledge and skills.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Fastest Online Mathematics and Statistics Master’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

An accelerated Master’s in Mathematics or Statistics offers several advantages for students who ready to move forward. An accelerated degree program can be completed in as little as 18 months. This will allow the graduate to start applying for advanced positions much sooner. If they are already employed and working in the field of their choosing, then they can expect to eligible for opportunities to advance themselves.

Accelerated degrees provide the same basic course material. The only difference is in how it is presented. The coursework is more condensed and students learn more with each lesson. With an accelerated degree program, you learn more in less time, allowing you to reap the rewards of your education much sooner than later.

Methodology: Ranking the Best Accelerated Master’s in Mathematics and Statistics

Speed isn’t everything, but it is the starting point for the Great Business Schools ranking of the best accelerated math and stats programs. With a group of reputable, accredited programs offering methods for speeding up the degree, GBS editors ranked programs according to their overall value: Tuition Cost, Student Reviews, and Salary Potential.

1. University of Washington

The University of Washington offers an online Master’s in Applied Mathematics degree that can be completed in 1-3 years. Online Master’s degree programs can be completed at the student’s discretion, allowing them to maintain a full-time work schedule. The University’s programs provide the skills and resources each student requires to apply for the positions they are interested with confidence. The MS in Applied Mathematics online degree from the University of Washington is designed for students who need a flexible class schedule and a strong curriculum.

The University of Washington offers an outstanding course curriculum that has been created to meet/exceed the standards held by most industries. Whether the graduate plans on entering a scientific, financial, or manufacturing field, the knowledge and skills they receive will fully prepare them for their duties. With the help of the professional faculty and instructors, they will receive the guidance they need to succeed.

Degree Applied Mathematics, MS

Format: Online – 1-3 Years

2. University of North Alabama

The University of North Alabama offers an online MS in Mathematics degree program that adds up to 18 credit hours. The University offers a quality curriculum to students who are trying to complete their education or those who are choosing to return to school to further their careers. Students are able to adjust their class schedule so that it fits in smoothly with their work and other obligations. Credit hours for the online MS in Mathematics degree can be used to fulfill the requirements needed to keep their existing certification in good standing.

Located in Florence, Alabama, the University of North Alabama has a positive reputation for providing students with not only the skills they need but also the resources to be able to apply what they’ve learned. Instructors are professionals in their own rights and offer students insight and advice based on experience and real-life situations. Graduates who complete their online Master’s in Mathematics degree at the University of North Alabama can enter the workforce fully prepared for any position they are hired for.

Degree Mathematics, MS

Format: Online – 18 Credit Hrs.

3. University of Idaho

The University of Idaho offers an online MS in Statistical Science that is worth 24 credit hours. The University’s online program offers a flexible schedule and a curriculum that includes all of the essential skills a statistician needs. Graduates who complete this online degree program can go directly into the workforce with the skills they need to succeed. If they are already employed, the program will give them everything they need to move forward in their career. The University of Idaho’s online MS in Statistical Sciences degree program can also be used as continuing education credits.

For over 130 years, the University of Idaho has been ensuring every graduate who enrolls in its degree programs receives the highest quality education possible. The University has created an environment that motivates and encourages students to reach their fullest potential. Instructors are available who have years of experience and are readily available whenever the student has questions or concerns. The online format makes it possible for students to achieve all of their goals without losing ground on their career.

Degree Statistical Science, MS

Format: Online – 24 Credit Hrs.

4. Sam Houston State University

Sam Houston State University provides an online MA in Mathematics that is worth 36 credit hours. The curriculum offered through the online courses is the same as that offered to students who attend class on campus. The online format also provides valuable resources and access to instructors and counselors that students can use to work through any obstacles they may experience. Earning an online MA in Mathematics from Sam Houston State University is an excellent way to stay motivated and moving forward with your goals.

At Sam Houston State University, the learning environment offers students the ability to face challenges with confidence. Faculty members and instructors bring many years of experience to the table to assist every student in finding the success they are looking for. The University gives students every possible advantage when it comes to education and advancement. Every graduate from Sam Houston State University has the tools and skills they need to build a very lucrative and exciting career.

Degree Mathematics, MA

Format: Online – 36 Credit hrs.

5. Michigan Technological University

Michigan Technological University offers an online MS in Applied Statistics degree program that gains a student 30 credit hours. The online program allows students the flexibility to work a full or part-time job and also earn their degree. Students who choose the online platform are guaranteed the same quality coursework and resources as other students who prefer a classroom setting. For students who must complete a certain number of credit hours each year to maintain their certification, the MS in Applied Statistics from Michigan Technological University is a great way to accomplish that goal.

Michigan Technological University has offered its students top of the line academic courses for almost 140 years. The University has a list of 120 degree programs for students to choose from so they can complete their education and look for work in the industry of their choice. Students and faculty members are able to work together to face challenges and overcome a variety of obstacles. With an MS in Applied Statistics, students are able to pursue their goals and strive for the career they have always wanted.

Degree Applied Statistics, MS

Format: Online – 30 Credit Hrs.

6. North Carolina State University

North Carolina State University provides students with an online Master of Statistics that is worth 30 credit hours. Students have access to a variety of resources as well as one of the most proficient course programs available. Online courses follow a more flexible schedule which allows students to study when it is more convenient for them. The 30 credit hours gained during the course can be used towards continuing education credit for maintaining a valid certification or license.

North Carolina State University has a reputation for academic excellence and experienced instructors who can provide students with the guidance each student needs. Whether a graduate attends the classroom or chooses to pursue an online Master of Statistics degree, they will be guaranteed to receive the skills, knowledge, and resources they need to perform the requirements for their job. Once they graduate they can pursue their career with confidence.

Degree Master of Statistics

Format: Online – 30 credit hrs.

7. Shawnee State University

Shawnee State University offers students an online Master of Mathematical Science degree that can be completed in 27 months. The online programs offered by the University give students an opportunity to learn all of the skills and abilities they will need when they enter the workforce. Each student will receive the same courses as those who choose to attend class on campus. With an online Master of Mathematical Science, graduates who are already employed can explore new opportunities for advancement and continue to forward their careers.

Shawnee State University is well-known throughout the state for offering academic coursework that meets or exceeds their expectations. Students are able to work with professional instructors who have years of experience to draw from. They can provide each student with the guidance and advice they need to choose the correct job path and further their career. They can also provide students who are already employed with the resources they need to keep moving up in their field.

Degree Mathematical Science Master

Format: Online – 27 Months

8. University of Delaware

The University of Delaware provides students an opportunity to earn 30 credit hours with its online MS in Applied Statistics. This degree is meant to provide all of the skills and training a student will need to become a statistician, actuary, or other math-oriented professional. In addition to the coursework, students all have access to many resources they will need to continue to excel in their chosen career once they are actually employed. This online MS in Applied Statistics is a great way to take care of continuing education requirements that are needed to maintain a certification or license.

The University of Delaware has a reputation for academic excellence that is second to none in the area. Instructors are available to help students who need assistance with their coursework or to assist them in finding the resources they need to continue to attend school while maintaining their current employment. The online MS in Applied Science degree makes it easy for students to learn while they work. Their opportunities for advancement will begin to increase as they prove their dedication to their career.

Degree Applied Statistic, MS

Format: Online – 30 Credit Hrs.

9. Penn State World Campus

Penn State World Campus offers students an online Master of Applied Statistics degree program that can be completed in approximately 24 months. With a Master of Applied Statistics, a student can go on to work as an actuary, statistician, financial analyst, or research analyst depending on their area of interest. Students who choose to enroll in the online program have an opportunity to remain employed while continuing to pursue their education. The online Master of Applied Statistics degree provides a flexible schedule and access to the same resources and benefits as a traditional classroom.

Pennsylvania State University is a leader in its field when it comes to offering students a quality education and an online learning environment that is above reproach. Every faculty member has worked as a professional in their field and has years of experience to draw from when instructing their students. Those who graduate from Pennsylvania State University can rest assured that they will have the best possible opportunity for advancement.

Degree Master of Applied Statistics

Format: Online – 24 Months

10. Rochester Institute of Technology

Rochester Institute of Technology offers an online MS in Applied Statistics that is worth 30 credit hours. With an online MS in Applied Statistics, a student can find employment in almost any industry. Actuaries, statisticians, and research analysts can be found in the manufacturing industry, finance, and insurance groups. The demand for these eligible applicants that can work in these positions is incredibly high. Rochester Institute of Technology’s online MS in Applied Statistics is one of the best ways to improve a student’s chance of advancement.

Rochester Institute of Technology offers online degree programs that go over and above in terms of curriculum and resources. The learning environment with the online platform is laid back and extremely flexible so that students can focus on their studies when it is most convenient for them. The ability to maintain full-time employment while attending class gives them an opportunity to use what they are learning right away.

Degree Applied Statistic, MS

Format: Online – 30 Credit Hrs.

What If I Don’t Need a Master’s?

Many students don’t need to earn a Master’s degree in Mathematics or Statistics. In some cases, a graduate certificate in Statistics or Mathematics will work just as well. This type of online graduate certificate for Applied Statistics is more than satisfactory for someone who has been working as a statistician or mathematician for several years. Instead of completing an entire Master’s degree program, they can earn their certification through online classes.

Years of experience, along with the tools and skills provided by the online coursework, will give existing employees the edge they need to be competitive in this fast-paced career field. The certification will carry the same weight as the Master’s degree if they have enough years of experience to show they have the knowledge and skills they need. Years of experience allows for a unique perspective and can provide new graduates with additional skills they can add to what they have already learned in school.

What Is a Statistician?

A statistician has the ability to collect, analyze, and then apply data to a specific situation in order to find possible solutions to problems or issues. By using the data they collect, they can create models that use mathematical equations to analyze a situation and find underlying risks. They can identify potential problems by identifying patterns within the statistics they collect.

Statisticians are highly educated. They have been taught in-depth skills that involve the use of mathematical and statistical theory. These methods are then used to help businesses overcome obstacles and find solutions to very complex problems. Statisticians are some of the most valuable employees a company relies on to stay ahead of the game financially. Statisticians can be found in almost every industry. Manufacturers and industrial companies use them to predict sales and identify issues when it comes to inventory. Financial institutions and insurance companies rely on statisticians to maintain a modest level of risk.

How Do I Become a Statistician?

The key to becoming a statistician is to learn what degree you need to be a statistician. In addition to knowing the education requirements for a statistician, you will also need a passion for numbers. If you don’t love working with numbers and formulas, you may become bored with the coursework and eventually lose interest in the subject. Once you have made the decision to pursue a career in statistics, you will need to find a degree program that meets your needs.

If you already have a degree in Math, your next step will be to pursue a Master’s degree in Statistics. You can choose to attend class on campus or opt for online classes. Online degree programs work very well for students who work a full-time job. The flexible schedule makes it easy for students to care for their families as well as maintain a solid work schedule. The flexibility of this type of schedule allows you to stretch out your degree program. By taking more time, students have more time to better understand the coursework.

What Can I Do With a Master’s in Statistics?

Statistician career opportunities are abundant if you have the skills that are needed to do the work. A few of the more common jobs for a graduate with a Master’s degree in Statistics include a mathematician, math teacher, applied statistician, operations research analysis, statistical consultant, and financial analyst. The skills and concepts that are taught in a Master’s of Statistics can be used to identify patterns associated with growth, loss, risk, and recovery.

Students can also combine a Master’s in Statistics with a Computer Sciences degree for an additional level of expertise. Graduates who earn a dual degree bring more to the table and are more likely to be offered the higher-paying jobs or moved to a management position. With a Master’s in Statistics, a graduate has many directions to choose from and more opportunities to pursue. the only limitations a graduate has are the ones they choose to put on themselves. Learning what they can do with their Master’s degree is part of the excitement.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

15 Best Online Mathematics and Statistics Master’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Online graduate math programs are changing the way many professionals look at education. This is especially true for highly specialized careers like mathematicians and statisticians. Once a person has earned a position in such an elite field, it is difficult to take time off to go back to school. With Online graduate math programs, students can continue to work their full-time job and still have time to go to school. Schedules are flexible and allow students to do their coursework when it is most convenient for them.

Online graduate math programs allow students the opportunity to work and learn at the same time. Students who can put what they are learning to use often gives them a better chance of retaining the information on a long-term basis. Employees who are actively working toward their degrees are often given a higher chance of advancing as well. This dedication to their career normally will not go unnoticed by their superiors. With online graduate math programs, students also have access to the same resources as those who attend a traditional classroom allowing for all of the perks and less stress.

Methodology: Ranking the Best Online Master’s in Statistics and Mathematics

For the Great Business Schools ranking of the best online statistics and math master’s programs, editors found hybrid and fully online programs from accredited, reputable institutions. With the initial pool in place, editors ranked programs according to three factors, using IPEDS, Niche, and College Scorecard data: Tuition, Student Satisfaction, and Potential Salary.

1. Columbia University

Columbia University has an Applied Mathematics Master program that made our list of the best online masters in statistics. In the program, elearners become applied mathematicians that solve problems driven by outside forces. Applied mathematicians deal with modeling and abstract solutions. With a faculty to student ratio of 6:1, Columbia presents an ideal learning environment for students with highly qualified faculty member teachers one of the country’s best online statistics masters.

Besides having one of the best online masters in mathematics, Columbia receives an A+ scorecard for factors including an 87% faculty approval rating and high availability for needed courses. Although students agree that Columbia presents challenging coursework, that translates into a stronger branding for successful graduates.

Highlight Columbia has a 96% graduation rate, which is extraordinary among similar universities, and 89% find suitable employment following graduation

Degree Applied Mathematics Master

2. Texas A&M University

The online Statistics MS at Texas A&M University has one of the best online masters in statistics in the country and allows learners to continue their careers while pursuing an advanced degree. Skills learned in the program include a capstone project spanning the last two semesters. Past projects include price modeling and ratings for Airbnb rentals, modeling NFL draft and combine results and modeling average airfare for the United States. This unique optional project gives graduates invaluable real-world experience and helps identify Texas A&M as one of the best online statistics masters degrees.

Texas A&M is a well-respected public school with an enrollment of nearly 50,000 students. While admission is competitive, 68% if applicants meet the school’s entry requirements. Further, 82% of students successfully finish their coursework and go on to earn respectable salaries averaging $48,600.

Highlight Texas A&M is ranked #22 among American universities and is one of the best online masters in mathematics available.

Degree Statistics, MS

3. Oklahoma State University

One of the best online statistics masters, the Applied Statistics MS at Oklahoma State University gives students an opportunity to schedule coursework around family and other obligations. This degree is a terminal degree and not meant to prepare students for doctoral degrees. Courses include two classes each in analytics, experimental data analysis and applied mathematical statistics, as well as coursework in SAS and R computer programming with SAS and R. Its concentration on statistical analysis makes this OSU program one of the best online masters in statistics in the country.

Oklahoma State receives high marks for its focus on academics, diversity and value for money. With an acceptance rate of 74%, the university provides competitive entry requirements while remaining accessible to three-quarters of all applicants. Four out of five students give faculty members a thumbs up on preparation and content knowledge, and 91% of students get financial aid to help with the cost of tuition and other expenses.

Highlight Its concentration on statistical advanced mathematics puts OSU on our list of the best online masters in mathematics.

Degree Applied Statistics, MS

4. Colorado State University

If you would like to earn an MAS in Applied Statistics, consider Colorado State University, one of the best online masters in statistics available. Students choose from statistical science or data science concentrations and gain tools to help them design studies, make inferences from data and translate insights into meaningful contexts. Elearners find out how to interpret graphics and data and translate this into actionable points for decision-making laymen.

Along with making our ranking of the best online statistics masters programs, Colorado State offers students diverse student body in both on-campus and online courses. It offers competitive tuition rates for the area as well as a sound educational experience, thanks to its qualified faculty team.

Highlight As one of the best online masters in mathematics, Colorado State’s Applied Statistics program prepares graduates to work in industry, government and education settings.

Degree Applied Statistics, MAS

5. North Carolina State University

North Carolina State University’s Master of Statistics program is in good company among the best online masters in statistics. This flexible online offering features an MS and graduate certificates in Applied Statistics, Data Management or Statistics Education. Graduates develop marketable skills that meet the needs of multiple industries, and the schools’ strong focus on working with diverse data types and various programming language increase the ROI, solidifying its ranking as one of the best online statistics masters.

Beyond NCSU’s best online masters in mathematics status, the school is ranked #80 in national universities surveyed by U.S News and World Report. This ranking is based on numerous factors contributing to an overall environment of educational excellence.

Highlight The Raleigh area offers graduates unprecedented opportunities for internships and job prospects and has a reasonable cost of living.

Degree Master of Statistics

6. University of Delaware

The University of Delaware has an Applied Statistics MS that is among the best online masters in statistics. From the comfort of their favorite cafe or couch, students transform into data professionals and meet increasing demands for qualified data scientists. The 100% online offering gives elearners a theoretical foundation in statistics and advanced preparation in model building and data for real analysis. Students who desire long-term success and a flexible learning opportunity value the best online statistics masters, including this one at the University of Delaware.

Ranked #33 among U.S. News and World Reports public university survey, the University of Delaware receives an A rating for academics, diversity and return on investment for Niche.com. Two-thirds of applicants receive the nod from the admissions committee, and UD undergrads choose finance, liberal arts and marketing among other popular majors, some of which gear students up for the school’s best online masters in mathematics curricula

Highlight To attract accomplished faculty members, the University of Delaware offers competitive salaries, and student reviews indicate a high faculty approval rating.

Degree Applied Statistics, MS

7. Johns Hopkins University

Johns Hopkins University has an Applied and Computational Mathematics MS students can pursue in a 100% digital format. As a member of our best online masters in statistics, JHU offers a post-master’s certificate as well as an MS in the field. Concentrations available include applied analysis, information technology, operations, probability and simulations and modeling. Graduates cash in on the university’s branding through high-paying careers in business, defense technology, medicine and public policy, making this a valuable investment for one of the best online statistics masters programs.

One of the most renowned universities at home and internationally, Johns Hopkins University has a grueling admissions process and an 11% acceptance rate. However, besides having a recognized best online masters in mathematics, JHU is widely regarded as the #1 university in Maryland.

Highlight With a student to faculty ratio of 7:1, Johns Hopkins offers students more facetime with teachers and advisors.

Degree Applied and Computational Mathematics, MS

8. University of Houston

The Master’s of Arts in Mathematics at the University of Houston requires 33 semester hours that includes 21 credits of mathematics. Students master analysis, probability and statistics, algebra and applied mathematics in one of the best online masters in statistics programs. Students can take courses online or take courses both online and on-campus, giving students total freedom in deciding where they need the most help and which courses they can navigate on their own.

As well as boasting of one of the best online statistics masters programs, the University of Houston is an above-average school that admits 83% of applicants. This wide-access admissions policy leads to a diverse student body. Plus, 85% of students receive student aid. Combined with an affordable tuition program, this adds to the list of reasons that make it one of the best online masters in mathematics.

Highlight The University of Houston ranks respectably at #185 among U.S. News and World Reports 2020 college rankings.

Degree Mathematics, MA

9. University of Kentucky

The University of Kentucky offers a Masters of Applied Statistics or MAS agree that’s on our pick of the best online masters in statistics. The MAS online program equips elearners with a variety of skills, including big data management, analysis and interpretation. Effective data analytic and computing skills are essential for statisticians employed by Intel, Google and Pfizer. Graduates of the best online statistics masters can seek employment on Wall Street as well as numerous state and federal government organizations.

The University of Kentucky is a highly reputable public university in Lexington, Kentucky. It has a large undergraduate student body that choose majors such as nursing, business and marketing. With an acceptance rate of 94%, the school provides easy access to online learners looking for the best online masters in mathematics program for them.

Highlight The University of Kentucky is well=positioned in Lexington where students can pursue internships and employment opportunities in a bustling city.

Degree Masters of Applied Statistics, MAS

10. University of Tennessee-Knoxville

The University of Tennesse-Knoxville has a Masters of Mathematics that’s among the best online masters in statistics. The department offers a traditional MS that students may use to move on to a Ph.D. Online students choose where and when they will complete the 30 hours of coursework, and the program has courses available in the summer to help elearners finish as quickly as possible. Full-time students can finish in two years, making this a convenient and comprehensive program in our list of the best online statistics masters degrees.

The University of Tennessee was founded in 1794, a full two years before Tennessee was even a state. With a strong sense of tradition, it proudly servers as Tennessee’s flagship campus and boasts eleven graduate colleges. Combining the latest technology with its tradition of excellence, Tennessee makes the grade among our best online masters in mathematics.

Highlight University of Tennessee graduates who move into industrial jobs may make well over $100,000, and academic careers normally command starting salaries of around $65,000.

Degree Masters of Mathematics

11. University of Texas – Rio Grande Valley

The University of Texas-Rio Grande Valley has an online masters in Mathematics that’s rated one of the best online masters in statistics. Elearners who successfully complete the program go on to pursue Ph.D.’s or move into careers in industry. This best online statistics masters program helps students gain a conceptual understanding of mathematics through rigorous proof. Another key takeaway is the communication of mathematical concepts to non-mathematical audiences in multiple formats.

UT – Rio Grande Valley may have one of the best online masters in mathematics, but it’s also a diverse public university in Edinburg, Texas. It has an acceptance rate of 81%, and its most popular majors are criminal justice, psychology and biology.

Highlight UT-RGV is ranked number #113 among the best big colleges in the nation, giving graduates a respectable branding when it comes to pursuing careers in the field.

Degree Mathematics, MS

12. Emporia State University

Emporia State University has an MS in Mathematics, which is among the best online statistics masters. Students earn six credit hours in each of these subjects: algebra, analysis, statistics and applied mathematics. There are opportunities for motivated grad students to teach undergraduate courses. The program’s focus on marketable skills makes in one of the best online masters in statistics.

Emporia State boasts more the 3,000 students and 95% of them receive financial aid. With a faculty to student ratio of 17:1, elearners can expect assistance from qualified faculty members when they need it the most.

Highlight Emporia has one of the best online masters in mathematics, and most classes have a weekly online chat for students and professors to discuss coursework and other topics.

Degree Mathematics, MS

13. Indiana State University

Indiana State University’s Mathematics MS program is one of the best online masters in mathematics available. Elearners see what on-campus students do in this flexible program. Online students log into classes from their computers to hear, see and interact with professors and other students. As one of the best online masters in statistics, the program prepares students for careers as accountants, actuaries, teachers, bankers and data analysts.

Overall, students give Indiana State University high marks for diversity and high-quality professors. Besides having the best online statistics masters program, ISU admits 90% of applicants, giving money students an opportunity to further their education.

Highlight The school’s vision statement calls for a commitment to career readiness, community engagement and experiential learning.

Degree Mathematics, MS

14. Western Kentucky University

Western Kentucky University’s MA in Mathematics is one of the best online masters in mathematics in the state and in the nation. This online program is aimed at students who are secondary teachers with teacher certification. Students can earn a change in rank by getting their Master’s degree. This program isn’t designed for students looking to move onto a doctorate in mathematics. Graduate assistantships may be available offering one more reason we includes WKU in our list of the best online statistics masters.

As well as earning the best online masters in statistics, WKU graduates benefit from the university’s regional name recognition. Up to 97% of applicants are granted admission, which results in a diverse and eclectic student body on-campus and online. Additionally, 96% of students receive student aid.

Highlight Niche.com assigned a grade of B to WKU based on faculty accomplishments and reviews from students.

Degree Mathematics, MA

15. California University of Pennsylvania

The Applied Mathematics PSM degree offered by the California University of Pennsylvania gives online students a chance to attend one of the best online masters in statistics. Designed for busy professionals in nonprofit, government and business careers, it provides a flexible way to obtains a master’s degree. Other elearners are teachers looking for advanced math skills to pass along to their students. The 30-credit program provides a fast-track to one of the best online statistics masters that can be finished in 13 months.

Students receive the full benefit of the best online masters in mathematics in the region and also benefit from CUP’s location near Pittsburgh, Pennsylvania, a center of industry and education. With a 95% acceptance rate, the school opens its doors to everyone who’s willing to learn and apply themselves.

Highlight A small student body of around 5,000 students gives online and other students a chance to establish themselves and benefits from greater individual attention.

Degree Applied Mathematics, PSM

What Kinds of Jobs Can I Get With a Master’s in Mathematics?

Graduates who are looking for jobs with a Master’s degree in Mathematics can expect to find employment in almost every industry that requires the use of mathematics and statistics. This includes the manufacturing and construction industries. Although not normally considered, these two industries use both mathematicians and statisticians to keep their companies running smoothly. Instead of working as an employee, analysts and statisticians often act as consultants and work on a freelance basis that allows them to work with multiple companies at one time.

For individuals who would prefer to work in the finance industry or with an insurance company, mathematician jobs are in high demand. Mathematicians often work as research analysts, actuaries, statisticians, and quantitative analysts. Employees who work in these positions are often paid above-average wages due to the weight and responsibility associated with their jobs. By evaluating risks and finding proactive solutions, these employees are able to keep their company functioning at maximum efficiency.

What Is a Mathematician?

Mathematicians are highly educated and have an in-depth, working knowledge of mathematics. They use mathematical equations and formulas to identify potential problems and, in turn, create viable solutions that are both effective and reliable. Mathematics is a unique language that uses numbers, letters, and symbols to formulate equations and theories that can be used for a variety of purposes. By building mathematical models, a mathematician can determine what type of risks exist, what type of impact they will have on the business, and the best possible solution to any issues they may cause.

The study of mathematics isn’t for everyone. In order to become a successful mathematician, one has to have a passion for numbers and how to use them. The early stages of learning can be quite tedious, but if a student continues to move forward with their education, they can uncover a very diverse and interesting world. Individuals who earn their Master’s degree in Mathematics can expect to enjoy a very lucrative career if they choose to explore their options in this type of work.

Even though mathematics may be difficult for some, those who excel at it can be quite successful in almost any industry they choose to work in. Those who are already employed as a mathematician or actuary can earn their Master’s degree and begin to look for jobs that are more advanced and carry more responsibility.

How Much Do Mathematicians Make?

The salary of a mathematician will vary. It will depend on several factors and possibly the industry as well. Mathematicians who are self-employed as independent contractors can sometimes set their own wages. Those who are employed by a company can expect to earn anywhere from approximately $90,000 to $105,000 per year. Mathematician salaries also depend on the type of industry you work in. A graduate can increase their earning potential by returning to school and continuing their education. Earning a Master’s in Mathematics degree is just one way to advance your career.

Other factors that will determine a graduate’s earning potential include how much experience they have and how proficient they are at doing their job. If a graduate is looking for work right out of college, their grade point average may be considered instead of their actual work performance or proficiency. Individuals who have been working as a mathematician for several years and chooses to go back to school to earn a Master’s in Mathematics can expect to earn a higher wage than a recent graduate simply because of their many years of experience. The knowledge they have gained through working in the field is invaluable and will be considered when determining their pay.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Most Affordable Online Actuarial Science Master’s Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Working professionals who want to advance their career in actuarial science might find a master’s degree useful, but finding the cheapest Master degree in Actuarial Science means doing a little bit of homework before actually starting class. Study tuition rates at various colleges for both on-campus classes as well as online class options. Online courses can sometimes be cheaper than those held in the classroom.

Grants and scholarships are available as well. There are several that are reserved for undergrad students who are trying to achieve a Master’s degree or higher in both scientific and mathematical areas. Employer reimbursement programs are often available to employees who have been working for a company and choose to return to school to receive their Master’s degree in Actuarial Science. They may also offer to pay the cost of taking the certification exam.

Methodology: Ranking the Most Affordable Actuarial Science Master’s Programs

Like always, Great Business School editors want to guide students to reputable, accredited colleges and universities for their master’s in actuarial science. However, for the purposes of ranking the most affordable programs, one factor is primary: Tuition Cost, as reported by IPEDS. Schools are presented from lowest cost to highest.

1. California State University, Long Beach

California State University, Long Beach offers an MS in Applied Statistics for students who are looking for a way to push their career forward. An MS in Applied Statistics provides skills in computing, management, mathematical theory and analysis to students who are ready for the next phase of their education or who are looking to increase their earning potential in their current career. With an MS in Applied Statistics, students will graduate with a degree they can be proud of.

California State University – Long Beach offers residents a learning environment that allows them to explore all of their options and work towards a brighter future. In addition to their advanced curriculum and professional instructors, students immediately have the advantage of learning from the best in the business. Graduating with an MS in Applied Science gives students the confidence and motivation to go after the better jobs that offer the highest pay.

Degree Applied Statistics, MS

2. Arizona State University

Arizona State University offers an MS in Actuarial Science that allows students to improve their chances for new opportunities and higher-paying jobs. An Actuarial Science degree paves the way for actuaries and statisticians to advance into higher-ranking jobs. A Master’s degree provides skills that an actuary needs as well as management skills that can be used to move out of the lower-paying jobs and into a role with more responsibility and higher rewards. The MS in Actuarial Science degree from Arizona State University is a great way for actuary students to add new skills to their resume.

Arizona State University is well-known throughout the southwest as one of the premier mathematics and actuarial science universities. It provides an environment in which students can feel at ease. They have access to some of the most educated, professional mathematicians in the area. Faculty members are highly experienced and are able to guide students through the learning process. When a student graduates with their MS in Actuarial Science, they have what they need and can begin to look toward the future.

Degree Actuarial Science, MS

3. University of Minnesota

The University of Minnesota offers a Master of Financial Mathematics to students who are trying to advance within the financial industry. The Master of Financial Mathematics includes courses for analysis, financial management, risk management, and various other topics that pertain to the industry. Students are able to learn trade skills and tools that allow them to be as efficient as possible when dealing with financial matters. Students who earn their Master of Financial Mathematics are capable of entering the workforce and taking control of their future.

The University of Minnesota is one of many schools in the Midwest that offers a Master of Financial Mathematics. In addition to a positive learning environment, the university faculty members are well-known for their experience as well as their professionalism. Faculty members are able to use their years of experience to guide students to a better, more productive future. Graduates are sent out into the world with the resources and confidence they need to get ahead of their competition.

Degree Master of Financial Mathematics

4. Middle Tennessee State University

Middle Tennessee State University offers an MS in Actuarial Science degree program that is designed to give students who enroll a distinctive advantage. Actuaries are highly-skilled and extremely educated individuals who carry a large amount of responsibility and weight in the financial industry. The right actuarial science degree will be able to teach actuaries the next level of expertise they will need to advance in their careers. A graduate who completes the MS in Actuarial Science degree from Middle Tennessee State University is able to take their degree and open doors to new opportunities.

Middle Tennessee State University has a long-standing reputation for being a leader in the state when it comes to innovative and challenging coursework. Bringing together outstanding academics with professional and insightful instructors is a winning combination. Students are able to face each obstacle knowing that their instructors are there to guide them through the process. It’s a recipe for success that ensures the graduate will be able to accomplish their goals.

Degree Actuarial Science, MS

5. Rutgers University

Rutgers University offers an MBS in Actuarial and Statistical Analysis for students who are interested in a degree that offers both business and science coursework. With an MBS degree, graduates are prepared to not only work in their chosen career field but also to take on a leadership role. The level of responsibility that can accompany this type of degree may be overwhelming for a graduate who isn’t adequately prepared. This is why students who graduate from Rutgers University with an MBS in Actuarial and Statistical Analysis receive everything they need to be a successful leader.

Rutgers University has a reputation for being one of the best colleges in the United States for both business and science degrees. Within the past 20 years, the University has begun to address the need for more in-depth courses that included both science and business classwork. The resulting MBS in Actuarial and Statistical Analysis degree program is designed to meet the needs of students who wish to pursue a managerial position while continuing to work with mathematics and statistics.

Degree Actuarial and Statistical Analysis, MBS

6. San Diego State University

San Diego State University offers an MS in Applied Mathematics for students who are pursuing an occupation that requires an in-depth knowledge of mathematical theory. An applied mathematics degree includes coursework that teaches students the intricacies involved with mathematical equations, theories, and the models used by actuaries and statisticians to uncover both issues and solutions. An MS in Applied Mathematics degree from San Diego State University is one of the best ways for a graduate to gain an advantage over other candidates for top positions.

San Diego State University is one of the top schools in California when it comes to offering Applied Mathematics degrees, Students not only receive the highest quality coursework available, they also have access to seasoned professionals who teach their courses. Every graduate that completes the program and obtains their degree leaves the school with all of the abilities they need to succeed in a fast-paced work environment.

Degree Applied Mathematics, MS

7. University of Central Missouri

The University of Central Missouri offers an MS in Mathematics with specializations in Actuarial Science and Statistics. This degree program is designed to provide students who are interested in becoming an actuary or statistician the knowledge and abilities they need to be proficient at their jobs. These are highly specialized fields and require an in-depth knowledge of mathematics and the language that makes it so valuable. Graduates who earn an MS in Mathematics specializing in Actuarial Science and Statistics are able to apply for the highest-ranking jobs and have the confidence they need to earn them.

The University of Central Missouri has a reputation for offering advanced coursework for a variety of degrees, including an MS in Mathematics. Faculty and instructors are professionals in their own right and have years of experience that they willingly share with their students. Graduates of the college will be fully prepared to apply for any position they are interested in.

Degree Mathematics – Actuarial Science and Statistics, MS

8. North Carolina State University

North Carolina State University provides returning students with an MS in Applied Mathematics. Many of the students who pursue NCSU’s Applied Mathematics MS degree are already employed in the field and are looking to learn advanced skills and increase their knowledge of management-level responsibilities. Taking the initiative to earn a Master’s in Applied Mathematics will open the door for new opportunities as well as put the graduate on the fast-track to higher-paying jobs and possible management positions.

North Carolina State University has earned a strong reputation for providing quality educational programs for students who are looking for degree programs related to mathematics and actuarial sciences. Staff members and instructors offer valuable information and use their professional experiences to assist each student gain the knowledge and skills they are looking for. With an MS in Applied Mathematics from North Carolina State University, graduates are able to compete for higher-paying positions and further their careers.

Degree Applied Mathematics, MS

9. University of Arizona

The University of Arizona offers returning students an Accelerated Master of Statistics degree program that will allow them to earn their degree in a much shorter period of time. Traditional Master’s degree programs can take as much as two years to complete. By choosing an accelerated Master’s degree, the student can learn the skills they need much faster. This includes classes in mathematical theory, management, actuarial science, and many others. An accelerated MS in Statistics from the University of Arizona instills confidence in its graduates and prepares them for success in their careers.

The University of Arizona is a leader in the educational community. It is well-known for its in-depth, accelerated degree programs and professional instructors. Each student can expect to receive the guidance and knowledge they need to compete for top-paying jobs, no matter what industry they choose to enter. They will also graduate with management skills that allow them to become strong and effective leaders.

Degree Statistics, MS – Accelerated Master

10. University of Iowa

The University of Iowa is offering an MS in Actuarial Science degree program for students who are interested in furthering their career as an actuary or other mathematical professional. Students can expect to receive actuarial skills, mathematical theory, statistical skills, as well as managerial skills and training. An MS in Actuarial Science degree from the University of Iowa provides all of the essential skills that are needed to succeed in this fast-paced, highly competitive field.

The University of Iowa is considered to be one of the best learning institutions in the Midwest for mathematics and actuarial science degree programs. The university offers course work that is both complex and challenging, providing students with essential skills and abilities that are required within their field. Graduates are prepared to apply for and earn some of the highest-paying jobs in their field when they successfully complete the MS in Actuarial Science degree.

Degree Actuarial Science, MS

How Do I Save Money on a Master’s in Actuarial Science?

There are many ways to reduce the cost of obtaining a Master’s of Actuarial Science:

Online: Even though a university offers cheap courses, it’s important to remember that affordable is not always better. Look into the school’s reputation to ensure that it offers quality coursework and that graduates leave with the skills they need to succeed.

Grants and Scholarships: In many cases, grants and scholarships are recurring and are received over the course of the degree program. These grants and scholarships do not have to be repaid and are not considered to be a loan.

Employer Reimbursement: If a company agrees to continue to work for the company for a specific time period after graduation, the company may choose to pay for all or part of the employee’s educational costs. Employers who participate in these types of programs encourage their employees to better themselves by earning a Master’s in Actuarial Science degree.

What Can I Do with a Master’s in Actuarial Science?

Actuarial science jobs can be found in a variety of industries. Certifications and degrees can be found for actuarial science graduates that include health insurance, Workers’ Compensation research, commercial liability adjuster, academic/teaching certifications, and even commercial brokers. In an industrial setting, an actuary is beneficial in terms of working with inventory, assets and depreciation, investments, and employee benefit programs. While certifications and degrees are two different things, individuals who have years of experience in their chosen field may choose to pursue a certificate instead of a full degree.

The financial industry and insurance groups use actuaries to assist in determining various types of risks. This can include investment opportunities, various types of loans, and determining eligibility for insurance policies, etc. By assisting companies in understanding a person/entity’s risk potential, the insurance company or financial institution can determine whether or not providing service is in their best interest. Actuaries also have the ability to offer solutions that will reduce a company’s risk and assist them in providing the service or coverage the person needs. When it comes to investments, actuaries are extremely valuable in terms of identifying companies that are worth the money.

Students who already have a Master’s in Actuarial Science degree and have been certified in their chosen career path will need to take so many hours of continuing education to keep their certificate in good standing. If this is the case, the student can pursue a degree program in computer science. Having a dual degree program allows them to enhance their skill sets and increase their overall value as a member of the workforce. This not only makes them eligible for more opportunities for advancement, it can also open the door for pay increases.

How Much Can I Make with an Actuarial Science Master’s?

Actuarial Science majors are extremely important in the workplace. The company relies on their work to make critical decisions when it comes to the financial health and security of the business. Several factors go into determining the wages of an actuary. Graduates who earn an Associate’s degree have wages that range between $98,000 and $105,000. Those with a Bachelor’s degree can earn between $100,000 and $105,000. If a student graduates with a Master’s degree or an MBA, their earning potential can range from $100,000 to $107,000. A JD, MD, or Ph.D. (or the equivalent), may be able to earn as much as $107,000.

Even with those high numbers, experience is the key. If a graduate has earned their degree while they are working as an actuary, the knowledge and skills they bring to the table prior to enrolling in class are extremely valuable. When a seasoned employee earns their Master’s in Actuarial Science, the level of experience they bring to the table will have a direct impact on the wages they are offered. Individuals who have managerial experience in addition to their actuarial experience can also expect additional opportunities for advancement as well. Even recent graduates whose only experience comes from an internship can still list that time as hands-on experience in the field. As an actuary, your ability to earn will also be based on your commitment to succeed.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Fastest Online Actuarial Science Master’s Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Career opportunities in terms of employment for actuaries have increased at a steady rate over the past several decades. The amount of data available to insurance companies and financial institutions is staggering. An Accelerated Master’s in Actuarial Science degree program offers graduates the skills they need to evaluate that data and identify potential patterns that indicate various levels of risk.

Higher than average wages are also one of the main benefits of having an Accelerated Master’s in Actuarial Science. Actuaries are some of the most essential people on your business team. They can take information and find patterns that will go unnoticed by others because they don’t have the skills to identify them. The skills used by an actuary to perform their duties are highly advanced and complex. This requires someone who is incredibly interested in the tiniest of details. The crucial nature of their job demands a higher wage due to the degree of accuracy they must maintain.

Methodology: Ranking the Best Accelerated Master’s in Actuarial Science

For our ranking of the fastest actuarial science master’s programs, Great Business School editors found programs that offered students an opportunity to complete their degree in an accelerated format. From there, programs were ranked according to their value, with a focus on Cost, Potential Salary, and Student Satisfaction. Only accredited, reputable institutions were considered.

1. Indiana University

Indiana University offers an MS in Actuarial Science degree program for actuaries who are returning to school and students who are trying to finish their education. An MS in Actuarial Science offers students additional skills that will be required during advanced mathematical applications during the operations of the business. Individuals who graduate with an MS in Actuarial Science are able to apply for advanced positions that come with both an increase in responsibilities and a higher than average pay rate.

Indiana University is a leader when it comes to excellence in academics. Faculty members who are employed by the university are professionals in their field and are able to provide students with guidance that comes from years of hands-on experience. The University’s reputation for outstanding educational programs allows a graduate to apply for almost any position and feel confident in earning it. With an MS in Actuarial Science from Indiana University, graduates are on the fast track to success.

Degree Actuarial science, MS

2. George Mason University

George Mason University offers a Graduate Certificate in Actuarial Sciences. The Graduate Certification program offers the student many of the skills they will need to work as an actuary, but without all of the additional coursework that is required for a full Master’s degree program. Skills include various courses in mathematical and statistical theory as well as risk management strategies and other essential abilities. Graduates who complete the GC program at George Mason University can use the credit hours from the class to meet the continuing education requirements to maintain their State Certification or License.

George Mason University is one of the best universities when it comes to advanced learning programs. Students are guaranteed that the coursework for the GC in Actuarial Sciences program will provide them with everything they require. They can also count on receiving guidance from faculty members who have worked as actuaries in the past and have a working knowledge of what training is required for that position.

Degree Actuarial Sciences, GC

3. Central Michigan University

Central Michigan University students can earn a Graduate Certificate in Actuarial Sciences if they are not interested in pursuing a full Master’s degree. With the GC program, students receive the core classes associated with the Master’s degree program. The GC program is considerably shorter and allows students to obtain the knowledge and abilities they need without committing to a full program. With the Graduate Certificate in Actuarial Sciences, they are able to prove their knowledge of actuarial skills and enter the workforce with confidence.

Central Michigan University is one of Michigan’s best institutions of higher learning. For several years, the University has been able to provide students with academic programs of the highest caliber. Professional instructors are able to encourage and inspire students who enter the GC program to go above and beyond in learning the skills they need for success. When a student earns their Graduate Certificate in Actuarial Sciences, they are able to apply those credit hours to any continuing education requirements they may need.

Degree Actuarial Sciences, GC

4. Maryville University

Maryville University offers students an online Masters in Business Data Analytics for students who would prefer a flexible schedule. A Masters in Business Data Analytics provides the tools and skills that are required to analyze large amounts of business data. They are able to use that information to determine solutions that are both effective and productive. Students who graduate from Maryville University with an online Masters in Business Data Analytics have the qualifications they need to succeed in almost any industry they choose to enter into.

Maryville University has been helping students achieve their educational goals for over 150 years. The University has active partnerships with industry leaders like Edward Jones and Boeing to provide students with the most lucrative opportunities for advancement. The goal is to make sure each student is confident in their abilities to perform their duties and uphold their responsibilities once they enter the workforce.

Degree Masters in Business Data Analytics

5. Lock Haven University

Lock Haven University offers a Professional Science Master’s in Actuarial Science for individuals who are looking to go above and beyond a traditional Master’s degree. A PSM in Actuarial Science teaches skills that are required for actuaries who already have some degree of experience in the field. Students receive instruction on how to handle financial risk, securities, economics, interest theory, and statistical probability at an advanced level. The complexities involved in working as an actuary are covered in-depth with a PSM in Actuarial Science degree from Lock Haven University.

Lock Haven University is one of Pennsylvania’s most respected universities when it comes to teaching advanced degree programs. Faculty members and instructors offer their expertise and guidance to students who are ready to take the next step in advancing their careers. Once a student completes their degree program and starts to pursue their career, they can do so with confidence in the skills they learned through Lock Haven University.

Degree Actuarial Science, PSM

6. Rochester Institute of Technology

Rochester Institute of Technology offers an online Masters in Applied Statistics that provides students with a flexible schedule and a positive learning environment. This degree program teaches students how to mine data, as well as manage and analyze that data so that it can be used effectively. Statisticians are capable of utilizing data in settings that involve both research and actual business environments. Students who have earned their MS in Applied Statistics from Rochester Institute of Technology are able to take the skills they learned and apply them in almost any position they are hired for.

Rochester Institute of Technology is considered one of New York’s finest institutes of higher learning. The online learning programs offered by the Institute are ideal for students who are already employed in their chosen career field. The flexibility offered by the online coursework ensures that the student will be able to keep their job and attend school at the same time.

Degree Applied Statistics, MS

7. Penn State World Campus

Pennsylvania State University offers an MS in Finance for students who want to earn their degree online. The World Campus offers an online portal for students from all over the globe who want to earn their degree from Pennsylvania State University. The MS in Finance provides students a degree program that includes advancements in technology as well as courses in economics and finance that will give them an advantage when it comes to competing for the highest paying jobs.

Pennsylvania State University – World Campus is known across the globe for providing academic curriculums that are both advanced and extremely thorough. Instructors understand the diverse nature of the student body that is drawn to Pennsylvania State University. They do everything in their power to create a learning environment that is both positive and empowering. Those who complete the MS in Finance and earn their degree can find jobs in finance almost anywhere in the world.

Degree Finance, MS

8. Drake University

Drake University gives students an opportunity to earn an online Master of Data Analytics Leadership. With this degree program, students can expect to learn about lead data analytics, the identification and application of various types of data, problem-solving skills, and strategic decision making. Having the opportunity to earn their degree online allows students to work while attending school and apply what they learn in real-time. With an online Master of Data Analytics Leadership degree, students can back up their experience with the concepts they are learning.

Drake University is one of Iowa’s most advanced universities when it comes to online learning. The University offers an online learning environment that is designed to make it easy for the student to earn their degree, maintain a full-time job, and feel confident about their ability to succeed. Each student graduates from the university with a feeling of accomplishment that is supported by every member of the faculty and teaching staff.

Degree Master of Data Analytics Leadership

9. University of Illinois

The University of Illinois offers an MS in Actuarial Science for students who are actively trying to advance their careers. Topics included in this degree program include financial mathematics, mathematics for life insurance and pension plans, catastrophe modeling, extreme value theory, and loss data analytics. Knowing and understanding these topics are the keys to a successful career as an actuary. With an MS in Actuarial Science degree from the University of Illinois, a graduate can compete with confidence for almost any position they choose to apply for.

The University of Illinois is one of the most advanced universities in the Midwest when it comes to degrees involving science and mathematics. Every member of the faculty and teaching staff works diligently to make sure each student has the resources and abilities they need to feel successful and adequately prepared to take the next step in their career.

Degree Actuarial Science, MS

10. Slippery Rock University of Pennsylvania

Slippery Rock University of Pennsylvania offers a 100% online MS in Data Analytics degree program that allows students to learn and work at the same time. Students are able to learn about machine learning, big data analytics, state of the art technology that is used to identify patterns and create solutions. By earning this degree, students are also able to enjoy joint certification with SAS or Statistical Analysis System. At Slippery Rock University, students who complete the online MS in Data Analytics program are guaranteed to be as prepared as possible to enter the workforce and get the job they want.

Slippery Rock University of Pennsylvania is well-known for its online degree programs and the resources it provides to its students. The university offers an internship option as well as programs that help students prepare for CAP exam. Members of the faculty are highly skilled professionals with years of experience in big business. This winning combination is meant to provide students with both confidence and encouragement when they graduate and take off to join the workforce.

Degree Data Analytics, MS

What Are the Advantages of an Accelerated Master’s in Actuarial Science?

An accelerated degree program offers you everything you need to be better prepared for your certification test. In order for an actuary to properly certified, they must be properly prepared. Because an actuary deals with extremely sensitive and confidential information, being certified is an essential part of the employment process. A certification not only reinforces credibility it offers some degree of proof that the graduate can successfully perform the duties associated with their job. Another benefit of certification is an increase in opportunities for advancement.

Once an actuary receives their certification, they must complete a specific number of continuing education hours to keep their license/certification in good standing. Continuing education courses are designed to keep the actuary up to date on the latest advancements in their industry. Completing these classes not only keep the graduate well-informed, it also provides them additional skills to keep them moving forward in their career.

How Long Does a Master’s in Actuarial Science Program Take?

It normally takes between one and two years to successfully complete a Master’s in Actuarial Science Degree program. There are accelerated programs that can be completed in as little as 18 months if the student is dedicated and works through each semester. Students who pursue their degree in a conventional classroom setting will have to adhere to the schedule set by the college. With many Accelerated Masters’ Actuarial Science degree programs are now online, allowing for more freedom when it comes to completing their coursework.

Online Master’s in Actuarial Science degree programs offer students a flexible schedule. They can work at the same time they are finishing up their degree. Being able to work while completing school gives students an opportunity to put their skills into action as they are learning them. They can space out there classes to meet their needs. Many students maintain a full-time job while going to school. This can make studying difficult. While this may extend the length of time they go to school, it ensures they have the time they need to fully understand the coursework.

Do I Need a Master’s to Take the Actuarial Exams?

A Master’s degree is nice to have but isn’t essential if you have already made a few strides in building your skills and resume. Students who have graduated with a Bachelor’s degree in Actuary Science often have opportunities available to them that provide them hands-on skills. This includes internships, workshops, and the opportunity to find work within their chosen field of interest. Taking advantage of these opportunities provide experience and gives the student a chance to actually work in their field as an apprentice or intern.

In most cases, students who have earned a solid 3.0-grade point average or higher, passed multiple actuary exams, completed an internship or two, and have the necessary skills can often get an actuary job without having to pursue a Master’s degree in Actuary Science. Being able to use computer programs like Excel and other types of spreadsheets and analytical tools is extremely beneficial. Graduates who have completed their certification and are already working as an actuary can use courses from a Masters’s degree program as their continuing education requirement. Over time, the Master’s degree will be completed without having had to enroll in a full program.

Even though a Master’s degree may not be required to find a job as an actuary, it is extremely beneficial if you expect to continue to move forward. Enrolling in a Master’s of Actuary Science degree will show that you are determined to further your career. It will also provide management courses that may help you transition into more of a managerial role. As a supervisor, you are able to work hand in hand with members of management and also take on more responsibility. In addition to more responsibility, you will also be eligible for higher pay as well.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

15 Best Online Actuarial Science Master’s Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

An online Masters in Actuarial Science offers graduates an opportunity to move forward in their chosen career without giving up their current job. Many students have already found work as an actuary or in some other capacity in the financial or insurance fields. By choosing to return to school, they can gain additional knowledge and experience that will increase their opportunity to advance. Promotions, raises, and the chance to pursue a career in management are all possibilities. An online Masters degree in Actuary Sciences will allow a student to keep moving forward while they are still in school.

Choosing a Masters in Actuarial Science online degree program offers you the same course material as students who choose to sit in a classroom. The online platform allows students several benefits. They can submit their coursework when it is most convenient for them unlike being forced to keep a tight class schedule like students who attend class on campus. Students also have access to many of the same resources as conventional students. Faculty members and instructors are available to answer questions and guide students as they make their way through the online Masters in Actuarial Science degree program.

Methodology: Ranking the Best Online Master’s in Actuarial Science

For the Great Business Schools ranking of the best master’s in actuarial science online programs, editors researched fully online and hybrid degrees from accredited, trusted institutions. From there, the programs were ranked according to data from IPEDS, Niche, and College Scorecard: Alumni Salary, Cost, and Student Satisfaction.

1. University of Washington

The University of Washington’s Applied Mathematics MS program can be completed online. This degree paves the way for graduates who wish to enter the engineering, physical and biological sciences. It’s ranked in the top five U.S. schools by the National Research Council. You can get a valuable online master’s in actuarial science through UW’s strong masters in actuarial science online offering.

Graduates rank UW highly when it comes to the value they get from their education. The school has a great track record for putting an emphasis on academics and campus life. The school ranks in the top 20 for best public schools and large universities. Less than half of applicants get an acceptance letter, making this a prestigious alma mater. Its motto is “Let There Be Light.”

Highlight Located in Seattle, the University of Washington gives students access to valuable tech internships and some of the best coffee in the world.

Degree Applied Mathematics, MS

2. Carnegie Mellon University

Carnegie Mellon University has an online Business Analytics MS program that allows busy learners to continue their education. The program gives elearners an opportunity to deepen their skills in analysis, business operations and original problem-solving. You can use this degree to effectively transform data into a decision science tool. If you’re looking for an online masters in actuarial science, CMU’s masters in actuarial science online is a great prospect.

Carnegie Mellon University is commonly ranked as a top-25 institution. CMU’s international student body and approach to education propel it to top rankings in academics, value and diversity. Students can count on becoming experts in their fields in areas such as computer science, business and humanities. The school’s online masters in actuarial science is among the most sought-after programs for masters in actuarial science online.

Highlight Carnegie Mellon University’s nickname is the Tartans, named for twilled wool fabric that gives a nod to the school’s industrial origins.

Degree Business Analytics, MS

3. University of Illinois

>> Note>> Not available Online at this time

At the University of Illinois, the Actuarial Science MS is one of seven graduate degrees students can purse completely online. This program is highly regarded and receives recognition as a top educator by many industries. If you have a quantitative undergraduate degree, this program can prepare you for a professional actuarial career. These credentials recommend U of I’s online masters in actuarial science as one of the best masters in actuarial science online.

The University of Illinois is a top 100 school for diversity and quality education at a large public university. With a 76% acceptance rate, it offers high availability for those seeking to continue their education. With a faculty to student ratio of 19:1, the university offers hands’ on teaching proficiency, and 75% of students agree that teachers spend a lot of time preparing for coursework delivery.

Highlight The MS in Actuarial Science program has the unique distinction of being recognized as a Center of Actuarial Excellence (CAE) through the Society of Actuaries (SOA). The Actuarial Science MS program has also won the inaugural Casualty Actuarial Society (CAS) University Award.

Degree Actuarial Science, MS

4. Bentley University

The Masters of Science in Business Analytics at Bentley University is ranked by QS as a top 50 analytics program among both U.S. and international universities. This ranking takes into account return on investment, employability, entrepreneurship, alumni success, and diversity In 2018, Top 50 Best Value awarded the program #11 in Big Data dedication opportunities. These credentials make BU’s online masters in actuarial science a great launchpad to deepen your knowledge in the field by obtaining a master’s in actuarial science online.

Bentley University, located in Waltham, Massachusetts, is a high-ranking private University. The school’s low admissions acceptance rate increases the value of a completed degree. Popular majors include business, accounting and finance. BU has a high graduation rating of 89% for its undergraduate students, and students typically move on to high-paying jobs after receiving their diplomas.

Highlight Bentley University is ranked #9 in the nation for accounting and finance schools.

Degree Business Analytics, MS

5. Florida State University

Florida State University offers an MS Financial Mathematics that students can pursue while working from their laptops at times that are convenient for them. This program involves a two-year commitment, with coursework in mathematics, scientific computing and statistics. Elearners choose from a range of valuable electives, such as finance, computer science and economics. FSU encourages summer internships which strengthen your employment opportunities after graduation. This online master’s in actuarial science choice gives you a flexible education by working toward a convenient master’s in actuarial science online.

While FSU’s claims to fame include best greek life and college athletics, online learners benefit from a network of thousands of alumni and name recognition while applying for employment. With a 37% acceptance rate, FSU offers graduates a prestigious degree and opportunities to shine in the sunshine state.

Highlight Florida State often ranks in the top 10 universities in physical sciences when it comes to grants awarded by the National Science Foundation. In fact, it gets more in NSF funding than all the other universities in Florida.

Degree Financial Mathematics, MS

6. University of Nebraska – Lincoln

The University of Nebraska – Lincoln has an actuarial science MS program that is one of just 17 recognized by the Society of Actuaries (SOA) for Actuarial Excellence. You learn online from distinguished faculty members, who prepare you to ace professional actuarial exams. If you’re looking for a career in life pensions, insurance or property and casualty insurance, this online master’s in actuarial science program is among the best available masters in actuarial science online.

The University of Nebraska is highly rated and open to public enrollment. With approximately 20,000 undergraduate students, both undergrad and post-grad programs accessible. In fact, Nebraska offers an 80% acceptance, with popular majors that include business, public relations and psychology.

Highlight The University of Nebraska–Lincoln is the state’s premier public university and a Big Ten Conference member. Go Huskers!

Degree Actuarial Science, MS

7. Boston University

Boston University’s Enterprise Risk Management MS program gives online learners an opportunity to make connections in one of the nation’s premier cities — without leaving the comfort of home. Building upon the university’s accreditation by AACSB International―The Association to Advance Collegiate Schools of Business.

The MSERM degree affords elearners the chance to learn quantitative and qualitative data skills that focus on gauging the severity of individual exposures. Its online masters in actuarial science gives you a firm foothold and is a well-know masters in actuarial science online program.

Highlight Boston University’s MS in Enterprise Risk Management immerses students in every aspect of organizational continuity and risk management; it’s ranked #10 in the nation for online business schools at the graduate level.

Degree Enterprise Risk Management, MS

8. Rochester Institute of Technology

Rochester Institute of Technology offers elearners an online program in the RIT Applied Statistics MS. RIT has a flexible program that lets students gain data analytics skills needed to improve their marketability in the modern data-rich environment. An eclectic student body from different academic and professional backgrounds offers diversity and wide-reaching network opportunities to online learners. In RIT’s online masters in actuarial science, students tailor their education to meet career goals, making this a versatile way to pursue a master’s in actuarial science online.

RIT offers students an opportunity to be part of an intellectually engaged community focused on the technological arts. It ranks #12 in the best IT colleges in the nation. Up to 98% of students receive financial aid and the competitive admissions acceptance rate of 66% gives students a high probability of acceptance without eroding the value of an RIT degree.

Highlight Approximately 84% of students give faculty members high marks for their proficiency and preparedness for coursework.

Degree Applied Statistics, MS

9. Drake University

Drake University’s Master of Data Analytics Leadership gives online students a chance to further their education in actuarial science. As a graduate student here, elearners use key business data to resolve tactical, strategic and operational problems. Successful graduates lead data analytic projects and know how to communicate with users and data analysts. Drake’s online masters in actuarial science gives students in Des Moine, Iowa, and beyond, a great basis in a premier masters in actuarial science online program.

Drake University is ranked #1 for the best value for Iowa colleges. Students receive a well-rounded education based on Drake’s focus on academics, value and diversity. Student expectations of faculty members is high, with 81% saying their professors are prepared for class and deliver high-value content. The university’s motto is simply “Veritas,” meaning truth and indicating Drake’s demand for passion and integrity.

Highlight Drake University is in the top 30 for both the best colleges for accounting and finance and best colleges for education out of approximately 700 universities compared.

Degree Master of Data Analytics Leadership

10. Maryville University

Elearners can begin a new career powered by Maryville University’s Master’s in Business Data Analytics. Learners advance their skills in warehousing, mining, analyzing and visualizing data. The program consists of nine classes that begin three times a year. Besides actuarial sciences, graduates move into positions related to process manufacturing, discrete manufacturing, government and professional industries. Maryville’s strong online masters in actuarial science kickstart or advances your career and has all the hallmarks of a top masters in actuarial science online program.

Among the top 10 colleges in Missouri, Maryville University has a vision statement that stresses innovative leadership in higher education. The college promotes student learning, particularly online coursework, accessible to as many students as possible. In fact, 95% of applicants are admitted and no GMAT or GRE is required during the application process.

Highlight Maryville University is noted for accessible academic programs in a non-traditional environment designed to meet the changing needs of a diverse workforce.

Degree Masters in Business Data Analytics

11. Governors State University

Governors State University has an online Mathematics – Actuarial Science MS degree that covers abstract and concrete concepts through coursework that includes combinatorics, probability, algebra and advanced calculus. Graduate prepare for positions in the insurance industry, as well as economics, accounting, investments, and financial leadership. This online master’s in actuarial science stands out for its convenient but excellent quality among colleges offering a master’s in actuarial science online.

Governors State offers public access to education from its Chicago-based campus and its online offerings. The university boast a small student body of fewer than 2,000 students. With a 38% acceptance rate, the university provides a competitive education from a highly ranked school. Popular majors include Business, liberal arts and the humanities.

Highlight Students earn their masters in as little as 18 months and have the option of a fully online or hybrid learning environment.

Degree Mathematics – Actuarial Science, MS

12. Slippery Rock University of Pennsylvania

Slippery Rock University of Pennsylvania has a data analytics MS program available fully online. This program consists of 33 credits that full-time students finish in 10 months. The data analytics MS features an alignment with standards in the industry, validated by professionals in the field. Elearners who finish the coursework receive a joint degree in data analytics and statistical applications. This online masters in actuarial science offers low tuition and a dual degree unique among masters in actuarial science online programs.

Ranked #13 among Pennsylvania’s public universities Slippery Rock University of Pennsylvania is a midsize university of fewer than 8,000 students. The university accepts three-quarter of applications and it’s most popular majors are in the fields of occupational health and safety. SRU’s vision expounds the college’s commitment to building a caring community and promoting lifelong learning.

Highlight Up to 93% of students receive financial aid and, with a 73% acceptance rate, the likelihood of admissions is high.

Degree Data Analytics, MS

13. Lock Haven University

Lock Haven University’s PSM in actuarial sciences program offers distance education that still allows for one-to-one mentoring and collaboration with peers. Degree candidates must complete either a capstone program or internship to demonstrate their mastery of coursework materials. This masters in actuarial science online format lets students continue their professional careers while completing an online masters in actuarial science.

Lock Haven University offers public access from its campus in Lock Haven, Pennsylvania and via various online programs. It has fewer than 3,200 undergraduate students and hundreds of graduate students from around the world. Lock Haven’s 94% acceptance rate gives applicants a tremendous chance of success in popular majors such as business, health professionals and criminal justice.

Highlight Ranks in the top 500 universities with the best professors in America.

Degree Actuarial Science, PSM

14. Penn State World Campus

Offering an online MS in finance, Penn State World Campus is the online arm of this prestigious college. The program offers those interested in an actuarial career access to courses in financial management and analysis, as well as an in-depth understanding of how to maximize opportunities for global diversification, shareholder value, and return on investments. PSU’s online masters in actuarial science capitalizes on students’ past business experiences and allows them to deepen their knowledge in the field via a masters in actuarial science online degree.

Penn State Online is a small institution with less than 2,200 students. With an admissions rate of 54%, the university is fairly competitive and offers popular majors like business management and information sciences.

Highlight PSU’s online programs offer low tuition and correspondingly high starting salaries after graduation.

Degree Finance, MS

15. Southern New Hampshire University

Southern New Hampshire University’s Quantitative Analysis MBA presents a great opportunity for students who love the flexibility of learning from home. It offers 20 unique concentrations while allowing elearners to earn their degree in 15 months. Students can transfer up to 15 credits at the graduate level. For those looking for a no-hassle online masters in actuarial science, this program, accredited by ACBSP, requires no GRE or GMAT scores, making it one of the most accessible masters in actuarial science online.

SNHU has been educating students for over 85 years and offers more than 300 programs at the undergraduate, graduate, and certificate levels. The school prides itself on its ability to keep pace with new technologies and align their programs with professional requirements in the job market.

Highlight Southern New Hampshire University was recognized as a Most Innovative school by U.S. News and World Report.

Degree Quantitative Analysis, MBA

What Is an Actuary?

An actuary is a business professional who has taken their education to the next level. Actuaries are very detail-oriented and are interested in being able to identify risk and find ways to keep them from becoming a major problem. Both financial institutions and insurance companies face risks with every client they serve. An actuary works to uncover potential risks and determine whether or not the risk is worth taking. They also provide companies with the information they need to reduce their overall level of risk across the board.

Actuaries are used by financial planners, insurance companies, and large international companies to protect their business investments. Actuaries form the backbone of security protocols that are used to ensure each risk taken by a company is thoroughly evaluated before moving forward. An actuary job description includes the ability to assess and evaluate a variety of data to determine risks and find potential remedies that will keep a company protected from catastrophic financial losses. Actuaries can be found in almost every industry but they are primarily found in the insurance and financial sectors due to the amount of risk involved in each area.

Is Actuarial Science a Good Career?

Careers as an actuary are in abundance if you are interested in working in either insurance or finance. Even when a person first starts to work as an actuary, their potential for advancement is very high. Most people who take on actuarial careers with a Bachelor’s degree can begin to gain the experience they need to move forward. Returning to college to earn an online Masters of Actuarial Science degree, will continue to open new doors for them as their skills improve and they begin to understand more about the advanced concepts of an actuarial job description.

Careers as an actuary can be highly complex. Individuals who are interested in becoming actuaries must be very detail-oriented and be able to identify potential patterns that could lead to an increased risk of loss. They must be able to evaluate large amounts of data in a very short period of time, all the while observing and identifying even the smallest changes. When it comes to the financial security of almost any industry, having actuaries as part of the team allows management to make the most of their investments while monitoring all of the risks.

What Will I Learn in a Graduate Actuarial Science Program?

Graduate programs for Actuarial Science teach students all of the skills they need to become highly successful actuaries. Graduates will have a thorough understanding of the impact of risk on a business and what steps can be taken to identify those potential risks. The key is learning to minimize those risks before they turn into catastrophic financial losses. An actuary that has graduated with an online Masters degree in Actuary Sciences has had an opportunity to continue to work while they are gaining experience. Working as an actuary while attending classes provides a student with the ability to put the knowledge they are learning to use.

A graduate degree in Actuarial Science can effectively observe even the slightest of changes as they pertain to each risk that a company takes while doing business. When a graduate has completed an online Masters in Actuary Science degree program, they have been given advanced knowledge on how to apply risk management protocols and eliminate, or at least greatly reduce a company’s overall risk potential. A graduate degree will attest to the skills you have learned and continue to open doors in terms of advancement. With this degree, earning a management position is also highly likely.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

25 Best Actuarial Science Master’s Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Having a Master’s in Actuarial Science can open the door to a very lucrative career. Actuaries can find employment in a wide variety of industries. Individuals who have a passion for numbers and enjoy solving complex problems can find success in this field. An actuary’s primary job is to collect data and look for patterns that can indicate various levels of risk. By using mathematical and statistical models, the actuary can review all of the numbers and formulate a solution that not only lowers the potential risk but also improve the overall odds of success.

Graduates who enter the workforce with an Associate’s or Bachelor’s degree in Actuarial Sciences are able to use what they learn and gain much-needed experience. Once they have established themselves, they can return to school to earn their Masters in Actuarial Sciences. If they have been certified as an actuary, they will need to enroll in a specific number of continuing education classes to keep their certification active and in good standing. Enrolling in a Master’s degree program at an accredited college or university will help to meet that requirement.

Methodology: Ranking the Best Actuarial Science Graduate Programs

To rank the best actuarial science master’s degree programs, Great Business Schools editors sought out accredited, reputable colleges and universities known for quality programs. From there, we ranked programs according to three factors: Tuition Cost, Student Reviews, and Salary Potential, based on data from IPEDS, College Scorecard, and Niche.

1. Georgia State University

Georgia State University’s actuarial science MS is a deeply analytical and highly challenging program. This program gets results. It gets students ready for high-paying careers. Not only does this program impart the skills that its students need, it also helps them make important connections in their field to help build their careers. GSU’s actuarial program is highly recognized in the STEM world. As a result, it’s one of the best graduate schools for actuarial science.

GSU consistently earns awards and recognitions for its teaching, innovation, and much more. It’s a challenging and dynamic school that helps students reach their next steps, whatever those steps may be. Located in Atlanta, it provides a prime locations for students to network and gain internship opportunities. The GSU name also looks great on a resume, so it makes a good choice for students looking to gain an edge.

Highlight GSU’s Master of actuarial science program is ranked #1 in North America and #4 in the world for research productivity.

Degree Actuarial Science, MS

2. Yale University

It’s no surprise that Yale University has a great actuarial sciences program for master’s level students. This program focuses specifically on systemic risk analysis, helping students dive deeply into ways that they can manage those risks. This yearlong program is the first of its kind, and it’s designed for those who already work for banks and other regulatory agencies. The program teaches these students the best methods for analysis and risk reduction, helping them become even bigger assets to their teams. For these students especially, Yale has one of the best actuarial science graduate programs.

Yale University is well-known for its challenging academics and career preparation. Those with the Yale name on their resumes will certainly stand out among the competition. This school inspires lifelong curiosity, blending deep tradition with cutting-edge innovation. Students here learn how to examine ideas from all different angles as they get an education that is both deep and wide-reaching.

Highlight Yale University was the first college to award a PhD in the United States.

Degree Masters of Management Studies in Systemic Risk

3. Columbia University

Columbia University’s actuarial science MS acknowledges that the statistics world is changing all the time. Because of the rapidly-changing nature of this work, those who enter it need to learn quickly, adapt to changing environments, and stand out as leaders in the field. This program helps its students achieve all of these things. As a result, it has become one of the best graduate schools for actuarial science. Furthermore, because of its New York City location, it puts students right at the heart of the best job and networking opportunities.

Columbia University is one of the most highly-regarded research centers in the world. As such, it carries a reputation for innovation and cutting-edge learning. Columbia students get to witness firsthand the difference that Columbia makes, and they get to take advantage of these education innovations for themselves. This challenging university has no shortage of opportunity or support for students who want to take their careers to a new level.

Highlight Columbia University is the oldest higher learning institution in New York.

Degree Actuarial Science, MS

4. University of Illinois at Urbana-Champaign

The University of Illinois has a strong actuarial science MS program. It’s widely recognized among actuarial employers, and with good reason. The program covers advanced mathematical concepts. At the same time, it delves deeply into professional studies. UI stands out as one of the best actuarial science programs because it gives students an excellent balance of both. With this combination, students learn the best ways to predict and prevent financial catastrophe.

UI has high standards for itself and its students. This public university values its research and innovation. It doesn’t simply educate students in a bubble. Rather, it focuses on the issues that actually impact the world today, and it prepares students to face those issues, too. As a result, students get a relevant and focused education, learning how to apply their passions to the broader world.

Highlight UI’s actuarial science program won the first Casualty Actuarial Society University Award.

Degree Actuarial Science, MS

5. University of California, San Diego

The University of California, San Diego’s applied mathematics program is designed both as a terminal degree for some and a pathway to a PhD for others. In either case, the program teaches complex theories as well as probability and statistics. It’s a challenging program that demands a lot from its students, but students find it fulfilling as it prepares them for even the most taxing mathematical careers. As a result, it’s counted among the best graduate schools for actuarial science.

UC San Diego is known for its commitment to innovation, collaboration, and global change. This school fosters a culture of curiousity. Students here are encouraged to ask the “what if” questions that bring growth and change. This school also values collaboration, encouraging faculty and students to work together to come up with solutions.

Highlight As a part of the broader UC system, UC San Diego has no shortage of challenge and opportunity.

Degree Applied Mathematics, MA

6. University of Chicago

The University of Chicago’s financial mathematics program brings together math, computer science, statistics, and similar subjects for a multi-level academic approach. Students start their first quarter with math concepts. As they progress through their degrees, they learn more and more about how those concepts interact with businesses and other real-world entities. For those who enjoy the building-block approach, this program is among the best actuarial science graduate programs in the US today.

The University of Chicago is an industrius school that encourages students to ask the big questions. AT UC, students know that their ideas are valued, and faculty members make sure that students feel heard. Choosing UC makes a lot of sense for students who want to take big career steps. The challenging academics prepare them for new career heights, and the urban location provides lots of job opportunity, networking, and internships.

Highlight Students, alumni, and faculty from UC have earned numerous awards, including Guggenheim Fellowships, Pulitzers Prizes, Turing Awards, and much more.

Degree Financial Mathematics, MS

7. University of Wisconsin – Madison

The University of Wisconsin-Madison offers an MBA in risk management and insurance. This program prepares students for high-paying careers. It combines core concepts with higher-level business and analytics strategies. Students in this program develop excellent critical thinking skills as well as leadership abilities, making them highly competitive in the workforce. Furthermore, this program introduces students to real-world business leaders and opportunities, making UW Madison one of the best graduate schools for actuarial science.

UW Madison is deeply focused on helping students find career success. Its commitment to research and service also make this school a boon to Wisconsin and the world as a whole. Students here pursue new ideas, make important connections with career-minded peers, and learn where their passions intersect with the world’s biggest needs. UW Madison is constantly moving foward, and it helps its students find the tools they need to do the same.

Highlight UW Madison is both the oldest and the largest public university in Wisconsin.

Degree Risk Management and Insurance, MBA

8. University of Delaware

The University of Delaware’s applied mathematics program is one of the best actuarial science graduate programs in the US. This program opens up pathways, both for students who want to earn a PhD and for those who simply want to open up their salary and career possibilities. The MS in applied mathematics combines broad mathematics with focused statistics, helping students make the most of their business abilities as they take their careers to new levels.

University of Delaware is a focused and committed research organization with a passion for innovation. It’s a challenging school that helps students reach their fullest potential. As a matter of fact, many students here learn that they were far more capable than they had previously realized. Not only do students get plenty of academic challenge, they also get lots of opportunity to make connections and grow their careers.

Highlight US News and World Report has ranked 18 University of Delaware programs among the best graduate programs in the nation.

Degree Applied Mathematics, MS

9. Michigan State University

Michigan State University has one of the best actuarial science graduate programs for those who want to study health communication. This program is specific to those who are interested in health and risk, and it trains students to communicate effectively on those subjects. The program offers two tracks, one leading toward theory and the other toward practice. Either way, students learn a diverse range of health and statistical subjects that lead them in the right direction.

MSU thrives in a lot of areas, especially when it comes to math, science, and research. This school stays on the cutting edge of innovation, and students here benefit from this innovation every day. They receive a relevant, focused education that takes advantage of the latest technology. MSU is a large school that lets students take advantage of all of the resources and connections they need to move forward. For career-seekers and theoretical researchers alike, MSU is a great place to make the most of educational opportunities.

Highlight MSU has 34 programs that rank among the top 25 in the US.

Degree Health and Risk Communication, MA

10. Stevens Institute of Technology

Stevens Institute of Technology has a very focused actuarial sciences program. In this program, students get comfortable with risk management, communication, and recognizing potential problems before they happen. As a result, students who graduate from this program become invaluable to their employers. This program puts students right at the intersection of math, science, technology, and business concepts. It also sharpens the critical thinking stills that students will need to blend these concepts and apply them to their day to lives. This is why SIT is, for many, one of the best graduate schools for actuarial science.

SIT is a thriving private university that prepares smart students for career success. Located in a bustling city, this school also opens students to a world of networking and job opportunities. SIT is know.n for its STEM programs, and it excels at the intersection of science and business. Students also benefit from some of the best academic technology available. On the whole, this school makes a great choice for business-focused students who want to take their skills as far as possible.

Highlight Forbes has ranked SIT #2 among colleges with the smallest gender pay gap for its graduates.

Degree Actuarial Mathematics & Quantitative Risk, MS

11. University of Texas at Dallas

The actuarial science program at University of Texas at Dallas is designed to help students become leaders in the business world. The program instills important skills while connecting students to the avenues where they can make the most use of those skills. Because this program is well known and well connected, it’s become one of the best actuarial science programs for students who want to make the most of their salary potential.

UT Dallas is a fast-growing university, both in square footage and in student population size. It is one of the most widely recognized schools in Texas, and it has a reputation for great academics, which means that employers recognize and respect its name when they see it on a resume.

Highlight According to Forbes, UT Dallas is the #1 best value public universities in Texas.

Degree Actuarial Science, MS

12. University of Miami

The University of Miami’s MS in mathematical finance deepens students’ understanding of highly complex math concepts. It focuses especially on statistics, and of course, how those statistics apply to business and finance. Those who graduate from this program are prepared to take on challenging and high-paying roles in the business world.

The University of Miami is a private research school with a diverse population. Over the years, it has grown to become one of the top research institutions in the US. This school values research and innovation, using its discoveries to impact Florida and the world. UM is particularly strong in medicine and STEM fields, making it a top choice for students who want to pursue those areas. Finally, as part of a thriving city, UM opens students up to a world of connection and opportunity for their futures.

Highlight The University of Miami has been ranked among the top 100 universities in the United States.

Degree Mathematical Finance, MS

13. Claremont Graduate University

Claremont Graduate University’s statistical sciences program helps students stand out among the competition in the job market. After completing this program, Claremont students are prepared to handle a range of careers. This program helps them succeed in all areas of statistics, helping students move on to work with all sorts of industrial data. For those who want to dive deeply into statistics but still want a well-rounded approach to their graduate degree, Claremont Graduate University is one of the best graduate schools for actuarial science.

Claremont Graduate University is a research-focused, cross-disciplinary school that helps students sharpen their skills all across the board. While students do focus deeply on their own field of study, they also get a unique view on how these different fields interact with and influence one another. As a result, they excel in their own fields while maintaining excellent communication with people in others. This challenging university focuses entirely on graduate education, which means that grad students always know that they’re the priority here.

Highlight Claremont Graduate University is one of the top grad schools for mathematics in the US.

Degree Statistical Sciences, MS

14. University of Connecticut

The University of Connecticut’s Financial Risk Management program is designed for students who already have a career in the actuarial sciences. Combining both theory and practice, this program helps students go deeper into their careers and expand their salary potential. The program teaches about all of the factors that influence statistics, including technology and human choices. Overall, it’s one of the best actuarial science graduate programs, especially for those who want to surround themselves with fellow professionals.

UCONN is a highly ranked research school. It employs top researchers who make innovations in science, medicine, and more. Students participate in and benefit from this research, using innovative technologies in their classes. Classes are challenging and designed to get students ready for highly competitive careers. As a result, students can feel confident when they graduate and move into competitive work areas.

Highlight UCONN is one of the top 25 public universities in the United States.

Degree Financial Risk Management, MS

15. Towson University

Towson University offers an MS in actuarial science and predictive analytics. This program recognizes that plenty of sectors have added risk management to their repertoires. As a matter of fact, analytics careers are growing quickly. The program aims to help students fill that need. No matter where students end up with with analytical skills, they can develop the confidence that they need to succeed in their careers. The degree is challenging but flexible, so it’s one of the best actuarial science graduate programs for those who have to focus on current responsibilities while enhancing their skills at school.

Towson University is a career-focused school with more than 80 thriving graduate programs. In fact, this school has developed a reputation as a great place to earn a graduate degree. This diverse school helps students expand their limits, but it also provides enough flexibility for those with jobs and families. For example, students may take their classes on campus, online, or in a combination of both.

Highlight Towson University is one of the nation’s top 100 public universities.

Degree Actuarial Science & Predictive Analytics, M.S.

16. Ball State University

Ball State Univeersity’s Actuarial Science program provides the most up to date education possible for students in this field. It keeps up with the latest technology and innovations, and it prepares students to analyze and solve specific business issues. BSU actuarial students can also tailor their degrees to fit their own goals, choosing electives that line up with their passions. For a lot of students, this customization makes Ball State one of the best graduate schools for actuarial science.

Ball State University is a top-ranked school that takes an innovative approach to education. Students pursue their subjects from various angles, gaining mastery of some difficult subjects. They also heighten their leadership and critical thinking skills so that they can apply their knowledge to their careers. BSU’s graduate programs in particular are designed to help students boost their careers and gain even deeper knowledge over the subjects that they love.

Highlight BSU is located in one of the most affordable college towns.

Degree Actuarial Science, MS

17. Temple University

Temple University has a great actuarial science program. This graduate program combines statistics knowledge with leadership skills, communication skills, and critical thinking skills. While students learn all about how statistics impact the business world, they also learn what they need to know about the business world itself, including how to manage teams and communicate clearly across the board. It’s a balanced and well-rounded approach that makes this program one of the best actuarial science graduate programs.

Temple University is a top destination for a lot of goal-focused students. Students learn the skills that they need to turn their passions into thrilling and satisfying careers. This diverse school has a well-respected focus on research, and students here benefit from that research with classroom innovation and cutting-edge learning. Education here is focused enough to help students succeed in their careers but broad enough to give students a well-rounded view of the world.

Highlight Temple University’s Fox School of Business is ranked among the top 100 in the US.

Degree Actuarial Science, MS

18. Illinois State University

Illinois State University offers an actuarial science masters that dives deeply into statistics. It’s a highly focused program that many consider to be among the best actuarial science graduate programs in the country. While students study business and statistics, they can also take advantage of opportunities to learn about economics, insurance, law, and similar topics. This way, they can broaden their knowledge and get the most out of their educations. This award-winning program is a top choice among graduate students in the US.

ISU prides itself on being a “large school with a small school vibe.” In other words, while it has all of the tools and resources that large school have to offer, it also has a tight-knit community that makes it feel like a small school. Students can find plenty of opportunities to fit in while they pursue their careers and tackle academic challenges. This school is deeply committed to excellence in learning, so students know that they’ll reach their highest potential by the time they graduate.

Highlight ISU was awarded the Casualty Actuarial Society University Award in 2016.

Degree Mathematics – Actuarial Science, MS

19. St. John’s University

St John’s University has a strong and highly-regarded actuarial science program. While many schools offer actuarial studies through their math centers or business centers, this program comes from St John’s School of Risk Management. In other words, it has a laser focus on the actuarial sciences, which makes it one of the best actuarial science graduate programs. This intense focus puts students on a path to career success with insurance companies and other businesses. While challenging, the program is worthwhile and enriching to those who want to broaden their statistical skills.

St. John’s University is a dynamic Catholic school. Because of its New York location, St John’s University connects students with lots of opportunity for career growth. While students here pursue their education and explore their faith, they can also find chances to serve their communities. For many, this school provides the best of all worlds.

Highlight The Chronicle of Higher Education ranked St John’s #1 on their list of colleges with high student mobility rates.

Degree Actuarial Science, MS

20. Maryville University

Maryville University’s actuarial science MS is a UCAP-AC program. Designed for working professionals and recent bachelor graduates alike, this program is challenging and fulfilling. The program emphasizes statistics, and it connects students to internship opportunities so that they can grow their careers from the ground up if necessary. Because of its dedication to career growth, Maryville University has become one of the best graduate schools for actuarial science.

Maryville University is a forward-thinking school that has dedicated itself to student success. This school uses some of the latest and best technologies in its educational approach so that students get the most relevant education possible. With all of these resources at their fingertips, students can access their own unique pathways into fulfilling careers.

Highlight Maryville also partners with leaders and institutions that help students gain real-world learning.

Degree Actuarial Science, MS

21. Ohio State University

Ohio State University has a dynamic MAQRM program. This program combines contemporary math knowledge with business and statistics knowledge, helping students become sought-after company assets. As a result, these students can stand out among other job seekers as they make the most of their skills. Those who have already graduated from this program have found employment with top-level industry leaders. That’s why OSU is one of the best graduate schools for actuarial science career seekers.

OSU is a highly recognized university, both because of its size and its commitment to excellence. OSU’s research and engagement makes a big difference in the broader community. Much of this school’s research centers around business, making it a great place for statistics students interested in innovation. Overall, this school has plenty of resources for students who want to broaden their horizons and pursue their goals.

Highlight Ohio State ranks among the top 100 national universities, according to US News and World Report.

Degree Master of Actuarial and Quantitative Risk Management

22. Pace University

Pace University’s financial risk management program prepares students to earn their FRM certification, the top recognized certification for risk managers. More than that, though, this program is one of the best actuarial science graduate programs because it prepares students to succeed in a highly rewarding career. Students gain the skills that they need to analyze and reduce business risks, both for financial and non-financial companies. The program’s NYC location also puts students in a great spot for career mobility.

Pace University is a fast-moving university that challenges its students every day. With its city-based programs, Pace University helps students find their path to career success. Its focused classes help students take one step after another down that path. Pace students are hardworking, open to challenges, and ready to move foward. This school helps them gain the tools they need to make their dreams come to life.

Highlight Pace University is the #1 private college for upward economic mobility in the US.

Degree Financial Risk Management, MS

23. Roosevelt University

Roosevelt University has a strong actuarial science program. As a matter of fact, it’s one of the best actuarial science graduate programs. This MS degree helps students master probability theory and apply it to careers in the insurance world. Students in this program become empowered to make short term and long term business plans based on their statistical knowledge. The program also connects students to leaders in the field so that they can get as much real-world knowledge and experience as possible.

Roosevelt University is a highly challenging, highly diverse university that helps students make the most of their career plans. The school’s Chicago location puts students right at the center of some top career-building opportunities. Roosevelt University thrives in math, science, and business, and it imparts leadership skills as well as academic skills.

Highlight Networking plays a big role in the business world, and Roosevelt lets students make the most of it.

Degree Actuarial Science, MS

24. Duquesne University

Duquesne University offers a comprehensive actuarial science program. This occupational math and statistics MS is a carefully-designed interdisciplinary STEM program. As such, it covers all of the most important skills that actuarial experts must know for the job, including computer science, statistics, and much more. It’s a flexible program with both full-time and part-time options. The multidisciplinary approach combined with this flexibility is what makes it one of the best actuarial science graduate programs.

Duquesne University is a small, Catholic research institution that prioritizes ethical learning. Faculty members here are some of the best in their fields, and they bring real-world expertise to their teaching methods. The academics at Duquesne are challenging because faculty members hold their students to high standards. For students who value research, deep education, and a chance to explore the Catholic faith, Duquesne makes an appealing choice.

Highlight Duquesne is one of the top Catholic universities in the United States.

Degree Computational Mathematics and Statistics M.S.

25. Illinois Institute of Technology

The Illinois Institute of Technology has a strong applied mathematics program that many people count among the best actuarial science programs in the US. This program goes beyond theory and statistics. It shows students how to apply their knowledge to real-world problems. Those who have these skills are more and more valuable to the business world today, which makes those who graduate from this program highly competitive in their job searches. Students learn how to blend science, math, and technology for a broad overview of business knowledge that sets them apart from the rest.

The Illinois Institute of Technology thrives in STEM fields and business, so those who graduate from this school can move on to become high earners. IIT combines teaching excellence with technological innovation. It blends intelligence with curiousity to create lifelong learning communities and make a difference in the wider world. As one of the top STEM schools in the nation, IIT helps students earn an excellent ROI on their school experience.

Highlight IIT is ranked #1 in its region for occupational earning power.

Degree Applied Mathematics, MAS

How Do I Choose a School for an Actuarial Science Masters?

Students who are looking for a graduate school for Actuarial Science need to understand what their goals and needs are. Affordability is one of the first things most students look at when returning to school to earn a Master’s degree in Actuarial Sciences. Cheaper is not always better. Research schools thoroughly to find out what is included in the costs. Some of the costs can be taken care of by utilizing available grants and scholarships. If the student is already working, their employer may offer to defray some of the costs as well.

The next decision to be made is what time of learning environment is best. For some, a traditional classroom offers both structure and accountability. Many returning students are working a full-time job and may need flexibility when it comes to studying. While most colleges and universities offer both traditional classroom learning and online course work, others tend to focus on one or the other. Be aware of what type of class you want to attend and start looking for a school that offers both. This way you have a choice and can choose which one fits your schedule at the time.

Students who want to complete their degree in as short a time as possible may choose to pursue an accelerated degree program. Traditional Master’s in Actuarial Science degree programs can take as much as two years to complete. An accelerated degree program can take as little as 18 months to complete and will provide the same coursework as the traditional degree program only in condensed form. Accelerated programs or Certification programs provide additional skills and resources in a fraction of the time as a traditional degree program. These two options are excellent choices for individuals who need continuing education credit to maintain their current credentials.

Is a Master’s in Actuarial Science Worth It?

Any step a student takes toward bettering themselves through education is worth it. Money and time are valuable commodities. When spent wisely, the rate of return will be well worth your efforts. Students who are willing to spend their time in a classroom or online and work as hard as they can to learn everything they will need to do to perform their duties will reap the rewards of those efforts over time. This includes a higher than average pay rate as well as opportunities for advancement they may not have qualified for without the Masters in Actuarial Science degree.

Completing a Master’s in Actuarial Science degree is a great accomplishment. Not only does it increase your value as an employee, it also increases your own self-worth. Actuaries are considered to be the elite in the mathematics world due to the intense level of accuracy and precision that is required to do their job. Actuaries are highly trained and exhibit advanced skills that allow them to rank at the top of the pay scale. Due to the nature of their work, they rank extremely high when it comes to protecting the assets of the business and keeping it functioning efficiently.

The weight and responsibility that an actuary carries as part of their job is intense. This is just one of the reasons that they receive a higher than average wage. These highly educated individuals are at the core of almost every business decision. For large businesses to be successful, actuaries must always provide accurate and concise information dealing with risk potential and possible outcomes. Even considering the fast-paced and sometimes stressful nature of the position, actuaries who take their job seriously and love what they do can enjoy a long and successful career.

If you are looking for a degree that will allow you to achieve your goals and earn the type of pay you want, then a Master’s in Actuarial Science should be one of your first choices. An Actuarial Science degree is an excellent choice for anyone who has a passion for numbers and loves to solve problems. Another benefit of this type of career is that actuaries are in high demand and individuals who have graduated with a Master’s in Actuarial Science degree are eligible for advancement early in their career.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Most Affordable Real Estate Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

If you want to save money on a real estate degree, you do have options. One option is to attend community college to start your degree. Community colleges are very reasonably priced and allow you to receive a quality education for a fraction of the cost of larger universities and specialty schools.

Alternatively, although it may not afford you with the cheapest real estate degree, you can search for lower-priced public colleges as this will afford you some of the same benefits as attending a community college. Lastly, you can try working for a company that reimburses for education or asking your existing employer if they have any programs or assistance for those pursuing secondary education. Many companies do offer partial or full reimbursements for certain educational costs.

Methodology: Ranking the Most Affordable Real Estate Degrees

For students who want to enhance their career without breaking the bank, Great Business Schools editors have ranked the most affordable real estate bachelor’s degree programs. Only accredited, reputable programs with a proven track record of student success are eligible. For the final ranking, programs are presented in order of cost, according to IPEDS data.

1. Brooklyn College (CUNY)

The BBA in Business Law and Real Estate at Brooklyn College is a comprehensive degree program which will prepare students for all aspects of their real estate career. Courses will enable students to navigate both the technical aspects of today’s real estate market with in depth computer science instruction, as well as management, leadership, marketing, and economy. With a heavy concentration on business management, this degree can prove to be a flexible career tool used within many different career landscapes. Regardless of how you plan to use your degree, the BBA in Business Law and Real Estate from Brooklyn College is among the nations most affordable real estate degrees and can prepare you to make your dreams a reality.

Brooklyn College has been considered a center of educational excellence for students of all backgrounds for 90 years. Brooklyn College prides itself on their diverse student body, which boast students from 143 different nations worldwide. Students love conducting their education in the heart of NY, where the city often becomes a living classroom. Brooklyn College is proud to offer a state of the art campus at an affordable tuition. Brooklyn College offers the perfect location to take your education to the next level.

Degree BBA in Business Law and Real Estate

2. Baruch College (CUNY)

The BBA in Real Estate from Baruch College is the perfect starting point for your career in real estate. This degree program offers you access and interaction with knowledgeable professors who have the real world experience you need. This school offers networking events as well as internship opportunities which are crucial to success in the real estate industry. Those who successfully complete this program can achieve success in both corporate or commercial real estate, property management, entrepreneurship and more. Affordable real estate degrees such as this program, can set up students for a lifetime of success in the real estate industry with job opportunities at real estate investment firms as well as banks, financial institutions, and traditional real estate agencies.

Baruch College, located in the heart of New York was ranked by U.S. News and World Report as on of the top ranked schools in America. Zicklin School of Business is located near the headquarters of hundreds of companies as well as Wall Street. This close proximity to the heart of the nation’s economy gives students access to unparalleled internship opportunities which you cannot get anywhere else in the country. Networking and career opportunities abound when you earn your BBA in Real Estate from Baruch College.

Degree BBA in Real Estate

3. University of Texas at Dallas

Earning your BSBA in Real Estate at University of Texas at Dallas is the perfect combination of location and learning. As the biggest continental state in the US, the real estate market has always been an important aspect of the economy of Texas. The teachers and professors who will guide you through your degree program can offer both educational and real world instruction. The BSBA in Real Estate is a concentration of either a Bachelor of Science in Business Admin or a Bachelor of Science in Finance. This wide range of focus helps prepare students for a wide range of career opportunities. Affordable real estate degrees in Texas can prepare you for a profitable career in real estate investments, property management, investment analyst and more.

Acclaimed as a research and business powerhouse, The University of Texas at Dallas houses eight schools offering more than 140 degrees. With a concentration on business and science, students who are serious about their career preparation seek out The University of Texas at Dallas. Here students will enjoy a rich campus community as well as challenging, inspiring educational instruction.

Degree BSBA in Real Estate

4. University of North Texas

The BBA in Real Estate offered by University of North Texas is part of a robust business program located in the G. Brint Ryan College of Business. Real estate continues to be an important part of the economy in Texas, as it is the largest continental state in the US. Earning your real estate degree in this hot spot for real estate activity offers students the perfect opportunity for real world experience as well as class room instruction. The University of North Texas offers this degree program with a concentration in property management for those interested in a career in this field. The University of North Texas offers affordable real estate degrees as well as a memorable college experience.

UNT was named one of the Top 10 Public Universities on the Rise. As a public university, The University of North Texas works easily with Federal student aid, work study programs, scholarships, grants and loans to make sure that students get an excellent education at an excellent price. The helpful admission staff is available to discuss questions and concerns during your enrollment process.

Degree BBA in Real Estate

5. University of Hawaii at Manoa

The BBA in Real Estate Finance at The University of Hawaii Manoa is a specialty track in the Department of Finance at the Shidler College of Business. A concentration in Real Estate Finance prepares students for an array of career opportunities within the real estate market. These opportunities can include commercial property mortgage broker, commercial real estate loan officer, residential loan officer, residential real estate analyst, and others. These careers have great job security and many opportunities for advancement. The affordable real estate degrees offered at Manoa will contribute to a profitable long term career in the real estate industry.

Founded in 1907, The University of Hawaii Manoa is one of the oldest, and largest of the University campuses. This campus, situated in the beautiful Manoa Valley, outside of Honolulu, offers both an excellent academic experience and a multi-cultural traveling experience. A robust research program as well as nationally ranked NCAA Division 1 Athletics lend the school to a varied and exciting range of activities. Here students can quench their thirst for learning as well as their desire to experience a new culture in one of the most beautiful places on earth. Temperate weather all year, makes this a great place to pursue your educational dreams as well as your personal adventures. Tuition at The University of Hawaii Manoa continues to stay below average, making this a great affordable option for students.

Degree BBA in Real Estate Finance

6. Middle Tennessee State University

Students seeking a BBA in Finance/Real Estate at Middle Tennessee State University in Murfreesboro, TN, will get both classroom and real life experience in this degree program. At Middle Tennessee State University students enrolled in a Finance major will earn a Bachelor of Business Administration degree in Finance. This degree program offer three areas of concentration; Finance, Insurance and Real Estate. Students in this program will also have a minor in Business Administration. This degree program offers students a great range of flexibility in the way they can use their degree upon graduation. For instate students, Middle Tennessee State University offers an exceptional value for your money. This school also offers robust financial aid opportunities. These tools make this one of the most affordable real estate degrees you’ll find.

MTSU has been ranked by the Princeton Review as one of the best places to earn a degree in the United States. Those looking for both quality and affordability will find it on the beautiful campus located in Murfreesboro, TN. The state of the art campus boasts many improvements over the last years, increases both is attractiveness and accessibility.

Degree BBA in Finance/Real Estate

7. University of Alaska Anchorage

The BBA in Property Management and Real Estate from the University of Alaska Anchorage combines courses that integrates together to build a strong real estate foundation. The property management degree program is facilitated through The Weidner Property Management and Real Estate Program. Through a combination of General Education requirements, CBPP core requirements and Property Management concentrations, students will graduate from this program with a strong understanding of real estate business and business administration. This combination of both real estate education as well as business administration will set you up for success in a variety of real estate professions. The University of Alaska offers competitive tuition rates as well as scholarships, grants and cooperation with Federal student aid to make this one of the most affordable real estate degrees available.

The University of Alaska operates five campuses across the state of Alaska. The University of Alaska at Anchorage is located in the heart of Alaska’s largest city, Anchorage. This location gives students access to both a robust cultural life on campus as well as all of the natural beauty and adventures which Alaska offers. UAA offers over 100 programs of study, campus living facilities, as well as sports and community activities.

Degree BBA in Property Management and Real Estate

8. University of Texas at Arlington

The BBA in Finance and Real Estate offered by the University of Texas at Arlington is very customizable to the type of career you are pursuing. Because finance is a very broad industry, the academic advisors within the College of Business are available to discuss with students the best finance track to pursue for their specific career goals. The BBA in Finance and Real Estate is a very flexible degree and can be used to pursue many different career tracks within the real estate/finance industry. The College of Business at UTA has had a proud history of assisting students in their business endeavors since 1965. The faculty and staff of the College of Business are committed to providing both excellent classroom instruction as well as real world experience in the community. With low tuition rates and excellent financial aid packages, The University of Texas Arlington provides the most affordable real estate degrees.

The University of Texas Arlington is the largest university in North Texas. In close proximity to the Dallas-Fort Worth area, students can enjoy both rigorous classroom instruction as well as a robust cultural life and community activities. State of the art facilities and equipment help students reach their full potential. The school helps to facilitate important internship programs which can kick start life long careers. UTA offers 180 undergraduate degree programs as well as master’s and doctoral programs.

Degree BBA in Finance and Real Estate

9. University of Texas at San Antonio

The BBA in Real Estate Finance and Development offered at University of Texas at San Antonio was created for students looking to manage businesses in real estate. This degree program prepares students for the aspects of real estate finance which include conceptualization, financing, developing, and even construction of profitable projects in the real estate market. As the largest continental state in the United States, Texas is the perfect location to learn and launch a real estate career. In addition to the robust real estate education offered in the courses, students can also support their education by adding business competencies to their course load. These competencies include; analytics, international business, risk management and more. UTA offers affordable tuition, scholarships and student aid packages which make it one of the most affordable real estate degrees today.

The University of Texas at San Antonio has been a leader in research, community service, urban development and diversity. They pride themselves on training professionals to be leaders in our modern economy. With four campuses located in San Antonio, students can find a spot to live, grow and learn in this diverse and exciting educational community.

Degree BBA in Real Estate Finance and Development

10. University of Arkansas at Little Rock

The BBA in Finance/Real Estate offered by University of Arkansas at Little Rock is a concentration track as part of the Economics and Finance Department located in the College of Business. Students earning a Business Degree will work on a Finance Major with a Real Estate Minor. This degree construction allows for students to use their degree in a very flexible way upon graduation. With a strong understanding of business and finance, students with a minor in real estate will graduate ready to take on any number of career options in the real estate industry. The University of Arkansas at Little Rock offers competitive tuition as well as student aid packages which makes this one of the most affordable real estate degrees around.

The University of Arkansas at Little Rock is a research school located in the heart of Arkansas. Although situated in metropolitan Little Rock, the surrounding Ouachita Mountains provide the perfect balance to campus life. Little Rock offers both a strong cultural experience as well as beautiful scenic escapes in the nearby Pinnacle Mountain State Park. This is the perfect location for students seeking a city experience close to nature.

Degree BBA in Finance/Real Estate

How Much Can I Make with a Real Estate Degree?

According to Forbes.com, the amount you can make from a real estate degree varies, depending on your location. However, the bachelor in real estate salary was $41,289 in 2019. If you are wondering is a real estate degree worth it, the answer is often “yes”, especially when you are working in one of the top areas for real estate degrees. A real estate bachelor degree salary is significantly higher in places such as New York, Texas, Hawaii, Alaska, Rhode Island, California, Pennsylvania, Wyoming, Colorado, and Virginia. You can make anywhere from $60,000 to over $100,000 per year.

Will I Make More Money with a Certification?

Although there is no way to guarantee how much money you will make as a real estate agent, acquiring a certification will allow you to potentially make more money in an array of ways. For instance, an online real estate certification will allow you to hone skills such as decision-making, risk mitigation, enterprise management, analyzing cash flows, and more. Therefore, the invaluable knowledge and information you receive while acquiring a real estate certificate often pays for itself. Additionally, many people are attracted to professionals that have taken the time to a real estate online certification as it makes you appear more serious and reputable than those who do not. Either way, getting a license is a requirement to work in this field.

Do I Need a College Degree to Get a Real Estate License?

In short, in most states and cases, a real estate degree is not required to get a real estate license. However, such a credential will make you appear as a more serious and reputable candidate, which, in turn, may allow you to get better-paying positions at real estate firms moving forward. Additionally, given that the field has become increasingly competitive, some employers are starting to require a degree for all applicants.

How Do You Get a Real Estate License?

As with most other fields in the financial realm, getting a real estate degree requires that you get educated. All real estate agents must complete certain courses in order to become eligible for licensure. Moreover, if you are attempting to start your own business, you will need to take courses such as accounting, business, and marketing.

What Do You Need to Get a Real Estate License

Once you have obtained the necessary education for your circumstances, you can move on to pursuing your required license. Getting your real estate license has some minimum requirements. They are as follows:

Must be at least 18 years of age
Completing the required courses for your area and career goals
Passing the license exam

Additionally, how to obtain a real estate license varies from state to state and certain states have additional requirements. For instance, you may have to pass a background check. Also, be sure that you have researched the market you are applying for a real estate license in, as these licenses are usually not transferable across state lines. However, some states will allow you to transfer over things (such as course hours), from one state to the next, when you are going to apply for your license.

In order to acquire a broker allowance in most states, you need to possess anywhere from one to three years of experience working as a licensed agent. In order to maintain your license, you must renew it every two to four years. You may also be expected to take continuing education courses to keep track of market trends and stay abreast of all emerging information and methods being used in the field.

The only method of training to become a real estate agent involves hands-on experience. While some agencies do provide a more structured training effort, many simply put the new agents in the field and allow them to learn based on their experiences, tips and hints from seasoned agents, and the trial and error method that is innately embedded into the field of real estate.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Best Real Estate Certificate Programs for 2020

Last updated: August 4, 2021

Ready to find the perfect business program?

For working adults who already have a bachelor’s and want to move into a real estate career, a person can look into online real estate certificates. Earning one of the online real estate certificates can put a person a step ahead of the competition. For one, real estate certificates online are a valuable addition to a person’s other credentials. Moreover, real estate certificates further a person’s knowledge of the real estate field, which can enhance his or her ability to perform his or her job.

An online real estate certificate is also a possibility for individuals who don’t already possess a background in real estate but would like to either be a real estate agent on the side or would like to switch careers. By earning an online real estate certificate, it can possibly earn a person a better position, which could mean more money. A person can choose between options for undergraduate and graduate certificate in real estate online. In other words, even if a person already possesses a master’s, he or she can earn a graduate certificate in real estate online.

Featured Programs

Methodology: Ranking the Best Online Real Estate Certificate Programs

For those working adults who want to add an accredited real estate credential to their career without taking time from their jobs, Great Business Schools editors have ranked certificate programs from a variety of sources. For the final ranking, programs are ordered according to factors including cost, reputation, and salary potential.

1. Fordham University

Fordham University offers three certificates for real estate that include: Real Estate Finance and Investment, RE Development, and RE Property Management. These are the best online real estate certificate programs due to their comprehensive coursework. The RE Finance and Investment course teaches you about topics that include evaluating income-producing properties to excel modeling and determining capitalization rates while RE Development gives students insight into the world of real estate development and the skills needed to negotiate the landscape. The RE Property Management course offers education in the skills and competencies needed to manage and maximize the value of income-producing properties.

Founded in 1841, Fordham began as St. john’s College and is the oldest Catholic and Jesuit university in the northeastern U.S., and the third oldest university in the state of New York. Its current name comes from the Bronx neighborhood where the university is located. U.S. News and World Reports ranks the university at #74 in its Best Colleges and National Universities. The university does not require application to these courses as they’re considered professional certificates for people already working in the real estate industry.

Program: Real Estate Finance and Investment; RE Development; RE Property Management

2. MIT

The Real Estate Analysis and Investment Certificate offered by MIT’s Center for Real Estate (MIT/CRE) is an online course that teaches the nuances and realities of real estate investors to those who want to learn more about investing in commercial real estate. The 6-week program helps students understand the potential income from commercial real estate while demonstrating the mechanics and realities that come with this type of investment activity. Earning a certificate from the program enables the individual to investigate all angles and aspects of making and managing investments.

MIT, or Massachusetts Institute of Technology, is a private research university that has a legendary reputation. The school was founded in 1861 for the purpose of studying scientific and technological advances. The university was integral in defense research during WWII and its graduates are frequently found in the defense, aeronautics and space industries. The school has produced almost 100 Nobel laureates.

Program: Real Estate Analysis and Investment Certificate

3. Cornell University (eCornell)

The Commercial Real Estate Certificate from Cornell University is a six-part course that teaches students the core aspects of the commercial real estate industry. Students get an in-depth look at the business as a whole and learn about the individual aspects that are involved in being a successful commercial real estate operator. Students learn how the development process works and are taught the necessary skills to be effective. The course is designed for those who have prior experience in the real estate industry and are looking to get more out of their career. This is considered one of the best online real estate certificate programs due to its comprehensive nature.

Cornell University was founded in 1865 in Ithaca, NY as a research university. Today, it’s an Ivy League research university that has expanded upon its original charter to include colleges in agricultural and life sciences, computer science, law, medicine and medical sciences, and more. The college has produced many Nobel Laureates and lays claim to 14 living billionaires that graduated from the university. It also has 55 Olympic Medalists among its many famous alumni.

Program: Commercial Real Estate Certificate

4. University of Memphis

University of Memphis offers its Professional Real Estate Certificate program to individuals who want to start a career in real estate. It’s also suitable for current real estate professionals who want to add to their education, but don’t want to enter into a four-year degree program for real estate. The certificate program consists of six courses for a total of 18 hours. Each course teaches the topics that are required of a Real Estate professional and allows a student to enter into a career in real estate once they’ve successfully completed the program.

The University of Memphis is part of the public university system of Tennessee. Founded in 1912, the university was founded as part of a General Education Bill passed in 1909 by the Tennessee legislature. The charter of the university changed throughout the decades since its founding until it settled upon being a place for research in the arts and sciences, law, technology, geography, geology, and health. The school currently offers over 250 areas of study and has over 40 nationally ranked programs.

Program: Professional Real Estate Certificate

5. Lamar Institute of Technology

The Real Estate Certificate offered by the Lamar Institute of Technology is suitable for students who want to work in the real estate industry and obtain their salespersons’ license from the state of Texas. The one-year certificate program provides students with the type of education they need to work in real estate. Some of the topics that are studied in the program include real estate sales, brokerage and finance, and appraisals. The program also trains students in the knowledge they need to pass the Texas Real Estate Commission license exam.

The Lamar Institute of Technology is part of the public university system of Texas. It was founded in 1949 and began as a vocational school. It was renamed the College of Technical Arts within Lamar University and eventually absorbed into the Texas State University System in 1995. Lamar Institute of Technology is a technical school that offers associates degrees for its programs that include industry, business, health, public service, and safety.

Program: Real Estate Certificate

6. Drexel University

The Graduate Certificate in Real Estate Online from Drexel University is an online-only program that teaches students the required skills and knowledge to become a successful professional in the real estate industry. The program teaches students in areas that include understanding real estate as investments, development law, environmental remediation issues, architecture, and more. Students who complete the program will have learned how to build, create, and maintain a variety of sheltered environments. However, the program does not apply to real estate licensure.

Drexel University is a private research university founded in 1891. The school’s founder, Anthony J. Drexel, founded the school as a place of educational opportunities in arts and sciences for men and women. The university is located in Philadelphia, Pennsylvania and has a student body of over 26,000 students. The school currently offers over 70 undergraduate programs and over 100 advanced degree programs.

Program: Graduate Certificate in Real Estate

Featured Programs

7. University of Arizona

The University of Arizona offers a Real Estate Finance course through its College of Architecture, Planning & Landscape Architecture. The certificate consists of 3 courses and teaches students multiple different aspects of real estate finance. Some of the topics covered include learning about capital sources, data sources, discounted cash flow modeling, using real estate industry software and learning how to apply the knowledge that’s taught during the course.

The University of Arizona was chartered in 1885 and was the first university in what was then the Arizona Territory. It’s a public research university and has a student body of over 45,000. It’s also classified as a Carnegie Foundation RU/VH, or research university with very high research activity. University of Arizona is NASA’s fourth most awarded university for space exploration research.

Program: Real Estate Finance Graduate Certificate

8. UCLA Extension

The Real Estate Certificate at UCLA Extension is designed to help seasoned professionals and newcomers to the industry alike. The goal of the course is to help students comprehend the challenges that the real estate industry presents. Students can enroll in one of 5 learning tracks that include Real estate with no concentration, concentration in property management, development, leasing/brokerage, and concentration in investments. Classes are offered in classroom settings or instructor-led online classes.

UCLA Extension is a continuing education school that offers a variety of certificate programs, specializations and continuing education credits for students. Programs are designed to help working adults further their education and help undergraduates earn credits towards their degree. UCLA Extension is designed to enable students to pursue their need for ongoing education in a manner that suits their lifestyle.

Program: Real Estate Certificate

9. Boston University

The Certificate in Commercial Real Estate Practice from Boston University is a 6 course program that’s designed to teach students about the many aspects of commercial real estate. Some topics covered include real estate analysis, acquisition and finance of properties, property management, architectural design, construction and project management. All classes are taught online and students have 24/7 access to course material, discussion boards, online lectures, and interactive multimedia.

Boston University is a private research university and is associated with the United Methodist Church, but is nonsectarian. It consists of 18 schools and colleges that award undergraduate, graduate and doctorate degrees in the liberal arts and science fields. The school’s mission is that of offering higher education to all comers and that the education provided by the university have a public service element.

Program: Commercial Real Estate Practice Certificate

10. Baruch College (CUNY)

The Certificate in Real Estate Finance course from Baruch College (CUNY) is offered through the Steven L. Newman Real Estate Institute. The certificate has four courses that include real estate finance, capital markets, development, and analytical skills for decision making. The course is designed to teach students about real estate investment and is taught entirely online. The classes are structured so in-state and out-of-state students can log in when it’s convenient for their time zone, attend lectures, engage in coursework and talk to other students and professors.

Baruch College (CUNY) is part of the New York state public university system. It offers undergraduate, masters, and Ph.D programs via three schools that focus on business, arts and sciences, and public and international affairs. The campus is located a short distance from Wall Street, Midtown Manhattan and headquarters for major global companies which gives the college unparalleled access to career opportunities.

Program: Real Estate Finance Graduate Certificate

Why Get an Online Real Estate Certificate?

Besides all the benefits of an online real estate certificate program to a person’s career, a real estate certificate program has numerous benefits when choosing an online real estate certificate program versus a brick-and-mortar program. For one, an online real estate certificate program can be done entirely from the comfort of your own home.

A person can earn a real estate certificate program online, and it only takes a few months. Therefore, a real estate certificate program online is much shorter than earning another degree. Plus, a person can find free online real estate certificate programs. These free online real estate certificate programs are legitimate and easy to sign up for.

What Kinds of Real Estate Jobs Pay Best?

When a person earns a degree in real estate or completes a certificate program, he or she may want to know which are the highest paying real estate jobs. A person may want to consider becoming a real estate investor, which is an individual who purchases a house, makes upgrades, and then sells it for a higher price. Although this can be one of the highest paying real estate jobs, it’s important to understand that it’s a gamble.

Another one of the best careers in real estate is a real estate broker. As one of the best careers in real estate, a person can choose to hire real estate agents and own a firm or can work independently.

Becoming an agent can be a high paying job. A person has to understand that the highest paid real estate agents in USA have a talent at selling properties and understand how to convince people to buy a property or sell one. The highest paid real estate agents in USA are also in certain areas, so it’s important to compare different areas before deciding where a person wants to sell real estate.

How Much Can I Make as a Real Estate Agent?

One of a person’s biggest concerns when becoming a real estate agent may be the real estate agent average income. Real estate jobs salary is based on how many buys and sales an agent partakes in. That’s because the real estate jobs salary is commission based. Therefore, the average income real estate agent varies greatly based on how active of an agent a person is and their skill. Location plays a role as well.

According to the Bureau of Labor Statistics (BLS), the average income of a real estate agent is $61,720, which is equivalent to $29.67 per hour. Although this is the average income of a real estate agent, the lowest paying agents make $24,000 per year or less. On the other hand, the average income real estate agent for the top earners is over $100,000 per year.

Certain areas have a higher average income of a real estate agent. For instance, the average income real estate agent in New York is $102,310. In Texas, the average income of a real estate agent is $72,480.

How Much Do Commercial Real Estate Brokers Make?

A person may wonder what the average salary for commercial real estate broker is. The average salary for a broker is higher than the average salary for commercial real estate agent. The commercial real estate jobs salary is an average of $78,940 per year, which is the same as $37.95 per hour.

Just like the average salary for commercial real estate agent, the average salary for commercial real estate broker varies based on the area. For instance, the average commercial real estate jobs salary for brokers in Illinois is $103,430. The average commercial real estate jobs salary in Connecticut for a broker is $101,930. The commercial real estate average income in New Mexico for brokers is $98,350. The commercial real estate average income in Wisconsin is $97,970.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

15 Best Online Real Estate Degrees for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

For those interested in real estate and who don’t want to attend a brick-and-mortar school, real estate online degrees eliminate the need to leave a person’s home. An online real estate degree can give people the opportunity to further their education who wouldn’t have been able to otherwise. When choosing one of the degrees in real estate online, a person has the potential to have a high salary. Selecting one of the online degrees in real estate, a person can partake in a career that’s competitive and very motivationally driven.

Degrees in real estate online can help a person take on various types of jobs in real estate. For instance, degrees in real estate online can lead to a person becoming an agent or broker. A person can “flip” houses. Real estate degrees online can lead to jobs in commercial real estate. Real estate degrees online can also lead to jobs in residential real estate. Real estate online degrees can give a person the option to open up a firm as a broker. In other words, real estate degrees online lead to a number of job options.

Methodology: Ranking the Best Online Degrees for Real Estate

Finding a quality online real estate degree does not have to be hard. Great Business Schools editors have sought out quality, accredited online bachelor’s degree programs for students who want to start a career in real estate, or to add credentials and advance. Programs are ranked by tuition cost, student satisfaction, and salary potential.

1. Nova Southeastern University

Nova Southeastern University’s Huizenga College of Business and Entrepreneurship offers one of the best online degrees for real estate majors and students interested in a career in real estate. NSU’s best online real estate degree programs include a dual degree option that includes a Bachelor of Science/Master of Science in Real Estate Development degree program. Students enrolled in NSU’s best online real estate degrees can complete both real estate degrees in four years; for some students through this online/hybrid program. It is noted that the bachelor level degree can be in any major offered by Nova Southeastern University.

Nova Southeastern University (NSU) was established as a private institution of higher learning that was established in 1964. Nova’s campus is built on an old naval landing field that was used during WWII and is home to more than 20,200 students.

Highlight Nova Southeastern University operates campuses in Dania Beach, North Miami Beach, and Tampa Bay, Florida.

Degree BS/MS in Real Estate Development Online – hybrid

2. University of Alabama at Birmingham

The University of Alabama at Birmingham’s Collat School of Business offers one of the country’s best online real estate degree programs. UA Birmingham’s best online real estate degrees include a Bachelor of Science in Finance/Real Estate that can be completed entirely online. The best online degrees for real estate majors offered by UA Birmingham has received accreditation from the AACSB. Coursework for UA Birmingham’s bachelor’s degree in real estate includes International Finance, Business Communications, Principles of Real Estate, plus a strategic capstone in the area of business/real estate and management.

The University of Alabama (UA Birmingham) is a research institution of higher education that was chartered in 1969. The University of Alabama holds the distinction of being the largest employer in the state of Alabama.

Highlight UA Birmingham began as an extension for an academic outreach program and is not a member school of the University of Alabama system.

Degree BS in Finance/Real Estate Online

3. Old Dominion University

Old Dominion University’s Strome College of Business offers an online Bachelor of Science degree program in Real Estate that is considered among the best online real estate degree programs available in the education marketplace. ODU’s best online degrees for real estate majors include classes in real estate like Real Estate Finance, Sales Management, and Real Estate Appraising, to name a few. Students attending Old Dominion University’s best online real estate degrees provide competitive internships, real-world projects, and invitations to national conferences regarding real estate development and economic development. ODU accepts transfer credits from incoming students on a case by case basis.

Old Dominion University was established in 1930. ODU’s school enrollment exceeds 24,000 and holds the distinction of being one of the largest student body’s in the state of Virginia.

Highlight Old Dominion University originated as an academic extension of the College of William and Mary.

Degree BSBA in Real Estate Online

4. University of West Georgia

The University of West Georgia’s Department of Marketing and Real Estate offers a Bachelor of Business Administration (BBA) degree program with an emphasis in Real Estate that is considered among the best online real estate degree programs in the nation. UWG’s UWG’s best online real estate degrees prepares graduates for rewarding careers in appraising marketing, mortgage banking, investments, and real estate sales. Note, though, UWG’s best online degrees for real estate majors do require a few visits to campus; however, more than ¾ of the coursework can be completed online.

The University of West Georgia was established in 1906 and is a member school of the University of Georgia System. The University of West Georgia’s college-town campus serves nearly 14,000 students. Newt Gringrich was a history professor at the school in the 1970s.

Highlight The University of West Georgia operates additional facilities in Douglasville and Newnan, Georgia.

Degree BBA in Real Estate Online 80%

5. Purdue University Global

Purdue University Global offers one of the nation’s best online real estate degree programs through its Bachelor of Science in Business Administration degree program in Real Estate. PG’s best online degrees for real estate majors require the completion of 180 credit units to graduate. PG’s best online real estate degrees have received accreditation from the Accreditation Council for Business Schools and Programs (ACBSP). Additionally, veterans and service members may receive academic credits for military training through the PME2Degree program. Graduates of Purdue University Global’s undergraduate business and real estate degree program enter the workforce as managers, service personnel, analysts, or sales professionals.

Purdue University Global was established in 2018. Purdue University Global began as the rebranding of the purchase of Kaplan University, the established for-profit learning center.

Highlight Purdue University Global is the distance learning extension within the Purdue University system but operates independently of the university itself.

Degree BSBA in Real Estate Online

6. Clarion University

Clarion University of Pennsylvania offers a Real Estate BS in Business Administration that is recognized among the best online real estate degrees available for real estate majors. Clarion’s best online real estate degree programs include a curriculum of classes like Real Estate Law, Income Property Appraising, Investment Analysis, Property Management, and Real Estate Marketing, to name a few. These best online degrees for real estate majors prepares degree candidates for rewarding careers as sales representatives, financial analysts, appraising, and property management, plus the educational requirements for those who wish to apply for their sales person’s or broker’s real estate license in Pennsylvania.

Clarion University of Pennsylvania (Clarion University) was established in 1867 and is a member school of the Pennsylvanian State System of Higher Education. Clarion’s College of Business Administration is accredited by the AASCB. Clarion’s rural campus is home to more than 4,200 students.

Highlight Clarion University of Pennsylvania offers nearly 40 accredited degree programs through the school’s four colleges/schools.

Degree BSBA in Real Estate Online

7. Louisiana State University in Shreveport

Louisiana State University in Shreveport offers a BS in Finance/Real Estate that can be completed online and is one of the best online real estate degree programs in the nation. Degree candidates enrolled in LSUS’s best online degrees for real estate majors require the completion of 120 credit hours; however, up to 90 eligible credits may be applied towards the degree requirements. LSU Shreveport’s best online real estate degrees have received accreditation from the AACSB International – the Association to Advance Collegiate Schools of Business.

Louisiana State University (LSU Shreveport) was established as a public institution of higher education in 1967. LSU Shreveport’s urban campus serves more than 8,400 students who attend classes with a student to faculty ratio of 24 to 1.

Highlight LSU Shreveport was initially a two-year school but now offers degrees at the undergraduate, graduate, and doctoral levels.

Degree BS in Finance/Real Estate Online

8. Fordham University

Fordham University’s School of Professional and Continuing Studies offers a Bachelor of Science (BS) completion degree program in Real Estate that can be finished 100% online and is ranked among the country’s best online real estate degrees. Students enrolled in Fordham University’s best online degrees for real estate majors graduate prepared to enter the workforce with a comprehensive understanding of the relevant real estate concepts of valuation, investment analysis, economics, law, and finance, to name a few. Fordham University’s best online real estate degree programs require the completion of coursework in Financial Modeling, Property Management, Global Markets, Finance, Feasibility Studies, and Accounting Essentials for Real Estate Professionals, among others.

Fordham University is a Jesuit Roman Catholic institution of higher education that was chartered in 1841. Fordham University is named for the Bronx neighborhood in which the campus is located. More than 15,500 students are enrolled in Fordham University.

Highlight Fordham University is the oldest Catholic school in the Empire State of New York.

Degree BS in Real Estate Online (completion)

9. University of Memphis

The University of Memphis’ Department of Finance, Insurance, and Real Estate offers an AACSB accredited BBA – Bachelor of Business Administration degree program in Real Estate that is ranked among the country’s best online real estate degree programs. The best online real estate degrees provided by U of M offers a finance major with a combined real estate concentration. U of M’s best online degrees for real estate majors require students to complete 120 credit hours to graduate. Graduates of this real estate online degree find rewarding work in mortgage banking, valuation, sales, and real estate development.

The University of Memphis was established in 1912 by the state’s General Education Bill of 1909 as a teacher’s normal school. U of M is a research institution of higher learning with a student enrollment that is approximately 22,000.

Highlight The University of Memphis’ campus is situated only a few miles from the downtown area of Memphis.

Degree BBA in Finance/Real Estate Online

10. University of California, San Diego

The University of California offers one of the nations’ best online degrees for real estate professionals. UC San Diego’s minor in Real Estate Development requires students to complete this 28-credit unit curriculum for the best online real estate degree programs – Urban Design, Land Use, Real Estate Regulation, Planning and Development, Finance & Investment, and Business Analytics to name a few. The best online real estate degrees offered by UC San Diego also requires degree candidates to complete a culminating senior capstone project with regard to real estate development and related topics.

The University of California (UC San Diego) was established in 1960 and is the 7th oldest member-school of the University of California system. UC San Diego’s urban campus covers more than 2,000 acres and serves more than 38,500.

Highlight US News recognizes UC San Diego among the top 10 public institutions of higher education in the nation.

Degree Real Estate Development Minor Online

11. University of Wisconsin-Whitewater

The University of Wisconsin Whitewater College of Business and Economics offers one of the nations’ best online real estate degrees for students interested in a real estate career. UW Whitewater’s best online degrees for real estate majors include a Bachelor of Science degree program in Finance and Real Estate. UW Whitewater’s best online real estate degree programs include coursework as follows – Investments, Real Estate Development, Estates, and Trusts, plus several calculus classes.

The University of Wisconsin Whitewater was established in 1960 and is a land-grant, sea-grant, and space-grant institution of higher education. UW Whitewater’s rural campus is home to more than 11,000 students supported by more than 1,000 academic staff members.

Highlight UW Whitewater is a member school of the University of Wisconsin system.

Degree BS in Finance/Real Estate Online

12. University of Alabama

The University of Alabama offers one of the best online real estate degree programs for those interested in a Real Estate Minor. UA Tuscaloosa’s best online real estate degrees require students to complete 15 credit units online, which fulfills the requirements to take the Alabama Real Estate Sales License examination. Additionally, graduates of UA Tuscaloosa’s best online degrees for real estate are qualified to partake in the school’s Certified Property Manager (CPM) accelerated degree program.

The University of Alabama is a sea-grant and space-grant institution of higher education that was established in 1820. UA is a sea-grant and space-grant university and one of the first schools established in the American Western Frontier and the only law school in the state to receive state funding.

Highlight UA Tuscaloosa is organized into 13 colleges/schools and the largest of the Alabama public schools.

Degree Real Estate Minor Online

13. Liberty University

Liberty University offers one of the best online real estate degree programs for students interested in a professional real estate career. These best online real estate degrees include the Bachelor of Science degree program in Business Administration in Real Estate. Liberty’s best online degrees for real estate majors requires degree candidate to complete 120 credits. Liberty University allows up to 90 eligible credit units to be transferred towards academic credit. Each class at Liberty runs eight weeks, and students graduate from the program on average in 3 ½ years.

Liberty University was established in 1971. Liberty University has an online enrollment that exceeds 93,000 students. Studies at Liberty have a conservative Christian view.

Highlight Liberty is recognized among the largest Christian institutions of higher education in the world and in the United States.

Degree BSBA in Real Estate Online – transfer 75%

14. Ashford University

Ashford University’s Forbes’ School of Business and Technology offers a Bachelor of Arts (BA) degree program in Real Estate that is recognized among the best online degrees for real estate professionals in the country. Ashford’s best online real estate degrees have received accreditation from the IACBE – the International Accreditation Council for Business Education. Ashford University’s best online real estate degree programs require the completion of 120 credit units, although up to 90 credits may be eligible for transfer credits.

Ashford University was established in 2005 as a for-profit institution of higher education. Ashford University is organized into five colleges/schools. The school offers more than 50 online degree programs.

Highlight Ashford University, through the Sharing Time and Resource (STAR) program, offers students volunteering experiences through the U. S.

Degree BA in Real Estate Online

15. Penn State World Campus

Penn State World Campus offers a Real Estate BS in Business that is recognized as one of the best online degrees for real estate majors in the country. PS World Campus requires degree candidates enrolled in its best online real estate degree programs must complete 120 credit units to graduate. PS World Campus’ best online real estate degrees allow students to individualize a business-focused curriculum that creates coursework to prepare for a specific real estate career. Graduates enter the workforce with refined skills in marketing, risk management, finance, accounting, and real estate valuations.

Penn State World Campus (PSWC) was established in 1998. Penn State World Campus offers both undergraduate and graduate programs, with a student enrollment that nears 15,000 students. US News recognized the school’s online bachelor’s programs among the top ten in the country.

Highlight Penn State World Campus is Pennsylvania State University’s distance learning extension.

Degree BSB Individualized Online

Do I Need a Degree to Get a Job in Real Estate?

A person may question does real estate require a degree. While the answer for does real estate require a degree for an agent or broker is yes, a person can take on other jobs in real estate without a degree, such as a clerk.

Jobs with a real estate degree include a broker or agent. A person could also choose real estate degree jobs as a consultant.

Jobs with a real estate degree can lead to jobs in either commercial or residential real estate.

Keep in mind that jobs with a real estate degree can have a high earning potential. Real estate degree jobs give a person the opportunity to have a career where he or she is in charge. The earning potential for jobs for real estate majors depends on the person’s skill and ambition to partake in real estate transactions. Therefore, it’s a competitive field.

Another factor to consider when looking at what jobs can you get with a real estate degree is the fact that jobs for real estate are available in all areas throughout the U.S. Additionally, what jobs can you get with a real estate degree are only expected to grow throughout the years. Therefore, jobs you can get with a real estate degree will be easier to obtain when more positions are available. Moreover, jobs you can get with a real estate degree give people job security.

What Degree is Best for Real Estate Careers?

A person may way to know, “What degree is best for real estate.”

At an associate’s degree level, a person can a real estate college degree and choose to further his or her education.

When a person wants to earn a bachelor’s real estate college degree, a person has a few options, such as a business degree in real estate. Rather than work as an agent or a broker, this particular degree opens up opportunities to work with financial institutions that offer loans for real estate.

Once a person decides on earning a real estate college degree or a business degree for real estate, a person has several options for career choices. A business real estate degree can help a person obtain a job with a mortgage company or investment management entities. A business real estate degree could also lead to a job with a property management company, appraisal firm, or residential brokerage firm.

When a person inquires about what degree is best for real estate, a person may want to consider real estate development. When a person is looking for the best degree for real estate development, he or she will notice that this degree is only available at a master’s degree level. Before obtaining the best degree for real estate development, a person must earn an associate’s and bachelor’s in programs related to real estate. Once a person earns the best degree for real estate development, he or she will be able to become a real estate developer.

What Kinds of Jobs are there in Real Estate?

Before a person earns a degree, he or she may wonder what are the options for real estate career paths. The most obvious options are a real estate agent or a broker. However, there are other professions in real estate, such as a real estate developer. Another one of the real estate career paths is a real estate developer. Professions in real estate also include working with banks, mortgage companies, and other financial institutions to help people acquire loans for real estate. Career options in real estate also include a real estate consultant, an appraiser, a leasing manager, a property manager, or a real estate zoning manager.

When looking into the different types of careers in real estate, a person should think about what he or she would like to do. Some of the different career paths in real estate entail working with clients to find homes or sell homes. Some of the different types of careers in real estate entail owning a business and possibly having agents who work with the clients. Some of the different career paths in real estate work on the financial end or specializing in the appraisal process.

Degrees in real estate online can lead to a promising future. The need for real estate agents is supposed to grow by seven percent from 2018 until 2028, as noted by the Bureau of Labor Statistics (BLS). Therefore, by earning one of the online degrees in real estate, a person can partake in a field that’s supposed to grow, which means job security.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

25 Best Real Estate Degree Programs for 2020

Last updated: August 4, 2021

Ready to find the perfect business program?

Getting a degree in real estate offers an opportunity to gain specialized skills you can apply to your career. Depending on your plans for a career, you may consider a real estate business degree that emphasizes the commercial aspects of real estate. Alternatively, you can focus on residential real estate and develop skills designed to help with your long-term goals. “What can I do with a real estate degree” is a common question associated with undergraduate and graduate degree programs. What you can do with a degree in real estate depends on your personal interests. In general, a real estate degree offers opportunities to work in a brokerage, apartment management, property appraisement, and other careers related to the real estate industry.

Determining what to do with a real estate degree varies based on the area of the industry that interests you as a professional. You can work in the legal field under a lawyer with a specialization in real estate law. You can also work in a real estate company and act as a broker for properties. The opportunities vary based on the interests of the individuals working in the real estate industry. The degree gives you a strong foundation in different skills and areas of the industry, which provides an opportunity to determine the best options for your goals.

Featured Programs

Methodology: Ranking the Best Real Estate Programs

Choosing a degree program for real estate can be difficult, but Great Business Schools is primarily concerned with helping prospective students find the program that will help them make their career what they want. To that end GBS editors focus on accredited, reputable institutions that we rank according to solid facts, including cost, student reviews, and potential salary. Data comes from IPEDs, College Scorecard, and Niche.

1. University of Pennsylvania

The University of Pennsylvania’s Real Estate Department in the Wharton School of Business offers a BBA degree – Bachelor of Business Administration with a concentration in Real Estate that is recognized among the best degrees for real estate in the nation. Penn’s best real estate programs include coursework like Real Estate Investments, Real Estate Entrepreneurship, Global Real Estate Risk and Politics, Housing Markets, Advanced Real Estate Investment Analysis, and Financing, plus an Independent Study for one credit unit. This best degree for real estate careers can also be earned with a dual concentration in finance.

Benjamin Franklin established the University of Pennsylvania in 1740. Penn operates four undergraduate colleges/schools, plus another twelve graduate colleges/schools. The school’s enrollment nears 22,000.

Highlight The University of Pennsylvania is considered a member school of the colonial colleges (nine) that were established before the American Revolution.

Degree BBA in Real Estate

2. University of California, Berkeley

The University of California’s Fisher Center for Real Estate & Urban Economics offers one of the best real estate programs through its Bachelor of Business Administration in Real Estate degree program. US News recognizes UC Berkeley’s best degrees for real estate among the top three programs in the country. Students enrolled in UC Berkeley’s best degree for real estate have the opportunity to participate in the URAP – the Undergraduate Research Apprentice Program. Students also have summer internships that often lead to future full-time employment.

UC Berkely – the University of California at Berkeley was chartered as a land grant university in 1868. UC Berkeley holds the distinction of being the oldest member school in the University of California system. UC Berkeley is home to more than 43,000 students.

Highlight UC Berkeley is often ranked among the top institutions of higher education across the globe.

Degree BBA in Real Estate

3. Virginia Tech

Virginia Tech’s (VT) Pamplin College of Business offers a top 5 best degree for real estate programs in the country. Virginia Tech’s Bachelor of Science degree in Real Estate, as one of the best real estate programs available, includes coursework from the field of law, management, real estate, and finance. Students enrolled in VT’s best degrees for real estate programs receive mentorship experiences and internship opportunities to provide real-world applications to theoretical knowledge. Graduates enter the professional business workforce with the skills necessary to become real estate leaders of tomorrow.

Virginia Tech is a senior military college that was established in 1872. VT is also a space-grant, sea-grant, and land grant institution of higher learning that operates six regional satellite facilities in Virginia and one international one in Switzerland.

Highlight Virginia Tech offers more than 275 baccalaureate and graduate degree programs through its eight colleges/schools.

Degree BS in Real Estate

4. University of Texas at Austin

The University of Texas at Austin’s McCombs School of Business offers a Bachelor of Business Administration degree program in Finance with a Real Estate Track that is considered among the best degrees for real estate available. UT Austin’s best degree for real estate program gives students the opportunity to join the Undergraduate Real Estate Society. Coursework for one of the best real estate programs in the country includes Money & Banking, Capital Markets, Financial Analysis, and Intro to Urban Land Development.

UT Austin is a space-grant university that was established in 1883 by an act of the Texas Congress. UT Austin’s 425+-acre campus is home to approximately 52,000 students. TUT Austin operates the JJ Pickle Research Campus, which is situated in North Austin.

Highlight UT Austin’s football team has won four national championships.

Degree BBA in Real Estate

5. University of Wisconsin-Madison

The University of Wisconsin-Madison offers a Bachelor of Business Administration in Real Estate and Urban Land Economics that is considered among the best real estate programs available in the marketplace. UW Madison’s best degree for real estate programs is ranked second in the nation by US News (2016). Required coursework for UW Madison’s best degrees for real estate includes Real Estate Law, Valuation of Real Estate, Real Estate Finance, and Residential Property Development, among others

The University of Wisconsin-Madison was established under the Morrill Land Grand Act in 1848. UW Madison also holds the distinction of being the flagship campus of the University of Wisconsin system. The school’s campus is situated along the banks of Lake Mendota and is home to more than 30,000 students.

Highlight The University of Wisconsin-Madison operates a 1,000+ acre arboretum established nearly 100 years ago.

Degree BBA in Real Estate and Urban Land Economics

6. University of Georgia

The University of Georgia’s Terry College of Business offers one of the nation’s best degree for real estate programs. UGA’s best real estate programs include a Bachelor of Business Administration (BBA) degree in Real Estate with a curriculum that includes Real Estate Investments, Real Estate Finance, Real Estate Valuation, and Real Estate Law, to name a few. Graduates from UGA’s best degrees for real estate programs enter the workforce as financial analysts, risk analysts, real estate apprentices/appraisers, or real estate agents, among others.

The University of Georgia holds the distinction of being a sun-grant, space-grant, land-grant, and sea-grant institution of higher education that was established in 1785. UGA operates a main campus in Athens, Atlanta, and Lawrenceville, plus two smaller facilities in Griffin and Tifton and several centers internationally. The school’s student enrollment exceeds 38,000.

Highlight UGA is recognized among the oldest of universities in the United States and one of only several schools that hold four grants as a university.

Degree BBA in Real Estate

7. Indiana University

Indiana University’s Kelley School of Business offers one of the best degrees for real estate programs in the country. The best real estate programs offered by Indiana University include a Bachelor of Science in Business with an emphasis in Real Estate. IU’s best degree for real estate includes coursework as follows – Corporate Finance, Real Estate Finance, Real Estate Appraisal, Financial Accounting, and Investment Analysis, to name a few. Students enrolled in IU’s real estate program must also choose three credit hours of electives that include Behavioral Finance, Derivative Securities, Working Capital Management, or Corporate Financial Strategy, among others.

Indiana University was charted in 1820. IU operates several campuses with two main campuses in Bloomington and Indianapolis and an additional seven academic facilities situated through the state of Indiana.

Highlight Indiana University’s main campus is home to approximately 45,000 students, nearly half of the university’s total student enrollment of more than 110,000.

Degree BSB in Real Estate

8. University of Connecticut

The University of Connecticut’s School of Business offers one of the best real estate programs for undergraduates in the country. UConn offers a Bachelor in Business Administration degree program in Real Estate and Urban Economic Studies that is recognized among the best degrees for real estate majors. Students enrolled in UConn’s best degree for real estate programs can opt to study abroad in the United Kingdom, China, or Australia. Graduates of UConn’s undergraduate real estate program find rewarding work as financial analysts, asset managers, securities analysts, or informational analysts, to name a few.

The University of Connecticut is a research institution of higher learning that was established in 1881. In addition, UC is a land-grant, sea-grant, and space-grant school that is also the flagship university for the Nutmeg State of Connecticut. The school’s campus is home to approximately 32,000 students.

Highlight UC’s campus is only 1.5 hours from Boston and about ½ hour from downtown Hartford.

Degree BBA in Real Estate

9. University of Southern California

The University of Southern California’s Price School of Public Policy offers a Bachelor of Science (BS) in Real Estate Development that is recognized among the best real estate programs in the nation. USC’s best degrees for real estate majors include the following coursework – Real Estate Fundamentals, Urban Context, Statistics, Designing Livable Communities, Public Policy & Management, Business Finance, and Planning and Development. Additionally, USC’s best degree for real estate majors requires the completion of an internship experience and capstone laboratory/senior thesis.

The University of Southern California was charted as a sea-grant and space-grant university that was chartered in 1880. USC’s urban campus is home to more than 45,000 students. The school boasts that it is the birthplace of the Internet’s Domain Name System.

Highlight The University of Southern California holds the distinction of being the oldest private institution of higher learning dedicated to research in the state of California.

Degree BS in Real Estate Development

10. Florida State University

Florida State University offers a BS in Real Estate that is considered among the best real estate programs for those interested in a real estate career. FSU’s best degree for real estate programs includes classes like Business Statistics, Organizational Behavior, Business Analytics, Risk Management, Marketing Concepts, and Financial Management, to name a few. Students enrolled in FSU’s best degrees for real estate have the opportunity to study abroad through the school’s Global Learning Initiative in places like the Netherlands, Germany, China, France, Finland, and South Korea.

Florida State University was chartered in 1851 and holds the distinction of being the senior member school of the Florida State University system. US News recognizes FSU among the top 20 public national universities.

Highlight Florida State University is home to the only national-level laboratory in Florida and home of Taxol – an anti-cancer drug.

Degree BS in Real Estate

11. University of Houston

The University of Houston’s Bauer College of Business offers one of the country’s best real estate programs for students who are intent on a real estate career. The University of Houston’s best degree for real estate majors includes a Bachelor of Business Administration (BBA) degree program in Real Estate. Coursework for one of the best degrees for real estate major includes Essentials of Real Estate, Real Estate Investments, Residential Real Estate and the Real Estate Market Analysis, to name a few. UH partners with many companies to offer great internships to its business/real estate majors.

The University of Houston was charted in 1927 and is now the 3rd largest university in the Lone Star State of Texas. The school’s 650+ acre campus is home to approximately 43,000 students studying for degrees offered by the university’s fourteen schools/campus.

Highlight The approximate financial impact of the school on the state exceeds $3 billion.

Degree BBA in Finance/Real Estate

12. Texas Tech University

Texas Tech University offers a BBA in Finance and Real Estate that is recognized among the best real estate programs for students who wish to enter the real estate industry as a career. The coursework for TCU’s best degree for real estate majors includes Business Professionalism, Math Analysis I, Real Estate Fundamentals, Business Law, Statistics and Business, and Professional Communication, to name a few. Students enrolled in TCU’s best degrees for real estate must complete a total of 120 credit units to graduate.

Texas Tech University was chartered in 1923. The school’s campus is home to approximately 38,000 students studying for academic degrees offered through the university’s thirteen colleges/schools. TCU’s campus is also recognized among the most beautiful that is located to the west of the Mississippi River.

Highlight Texas Tech University’s student enrollment is considered the 7th largest in the Lone Star State.

Degree BBA in Finance/Real Estate

13. Florida International University

Florida International University’s College of Business offers a Bachelor of Business Administration degree program in Real Estate recognized by many among the best degrees for real estate majors. Students enrolled in FIU’s best degree for real estate careers must complete 120 credit units with a grade of ‘C’ or higher to graduate. Graduates of FIU’s best real estate programs enter the workforce as a sales associate, broker, realtor, analyst, or office manager, to name just a few. Classes for this degree include Real Estate Principles, Finance, Real Estate Law, and International Real Estate, among others.

Florida International University is a space-grant institution of higher education that was established in 1965. FIU is a member school of the Florida State University System and the only school designated by the state legislature as an emerging presence.

Highlight Florida International University is now recognized as the 2nd largest university within the greater metropolitan area of Miami.

Degree BBA in Real Estate

14. University of Colorado, Boulder

The University of Colorado’s Leeds School of Business offers a Bachelor of Science in Business Administration degree program in Real Estate that is ranked among the best degrees for real estate students with a keen interest in a career in real estate. Required core classes for one of UC Boulder’s best real estate programs include Real Estate Finance, Real Estate Law, Real Estate Technology, Investment Analysis, and Real Estate Development, among others. Students enrolled in UC Boulder’s best degree in real estate program can opt to participate in the LEED Green Associate test.

The University of Colorado, Boulder, was chartered as a public institution of higher learning in 1876. UC Boulder’s 750+-acre campus is home to approximately 36,000 students studying for degrees offered by UC Boulder’s nine schools/colleges.

Highlight The University of Colorado was established about ½ year prior to the state becoming a part of the union.

Degree BSBA in Real Estate

Featured Programs

15. Villanova University

Villanova University offers a BBA in Finance/Real Estate that is recognized among the best real estate programs for students interested in a real estate or finance career. Students attending Villanova’s best degree for real estate majors will complete coursework in Fixed Income Markets, Intermediate Corporate Finance, and Equity Markets, to name a few. Graduates of Villanova’s best degrees for real estate find rewarding careers as consultants, wealth managers, financial analysts, and equity traders, among other careers.

Villanova University was chartered in 1842. Villanova University is affiliated with the Augustinian Roman Catholic Church. Villanova University’s 250+ acre campus is home to more approximately 11,000 students and about 1,500 trees, which is the reason the campus was once referred to as Arboretum Villanova.

Highlight Villanova University’s roots can be traced back to Philadelphia’s Old Augustine Church.

Degree BBA in Finance/Real Estate

16. Colorado State University

Colorado State University’s College of Business offers a best degree in real estate program through its Bachelor of Science in Business Administration degree program in Real Estate. Degree candidates of the CSU’s best real estate programs must complete coursework for a total of 120 credit units to graduate, of which 24 credit units must be dedicated real estate courses. Classes for Colorado State University’s best degrees for real estate programs include Strategic Management, Real Estate Investment, Supply Chain Management, Market Analysis, plus a real estate internship.

Colorado State University (CSU) was established under the Morrill Land Grant Act in 1870. CSU’s urban campus in Fort Collins is home to approximately 34,000 students. CSU is organized into eight colleges/schools that offer degrees from more than 50 academic departments.

Highlight Two former governors of the state of Colorado are CSU alumni.

Degree BSBA in Real Estate

17. Temple University

Temple University’s Fox School of Business offers a Bachelor of Business Administration degree program that is ranked among the best degrees for real estate majors. Temple University’s best degree for real estate majors requires the completion of 124 credit units to graduate. Coursework for Temple’s best real estate programs includes Real Estate Financial Modeling, Mortgage Markets, Real Estate Practice, Property Management, Real Estate Assets, and International Finance, among others. Additionally, students in this real estate program will complete their culminating capstone project senior year.

Temple University was chartered in 1884 as a private school but is now a public institution of higher learning. Temple University’s downtown Philadelphia campus is home to approximately 39,000 students. Temple University operates international academic facilities in Tokyo, Japan, and Rome, Italy.

Highlight The police force on the Temple University campus is the largest of its kind in the country.

Degree BBA in Real Estate

18. University of Central Florida

The University of Central Florida’s School of Real Estate offers a BSBA degree program – the Bachelor of Science in Business Administration program – that is considered among the best degrees for real estate majors. Kiplinger & The Princeton Review recognize UCF’s best real estate programs available in the country. Classes provided through UCF’s best degrees for real estate include Finance, Quantitative Business Tools I, II, Supply Chain Management, Financial Planning, plus a capstone project completed during the student’s senior year. The AACSB accredits UCF’s business/real estate degree programs.

UCF – The University of Central Florida was established as a space-grant institution of higher education in 1963 by an act of the Florida Legislature. UCF’s 1,400+ urban campus is home to nearly 70,000 students.

Highlight The University of Central Florida holds the distinction of having the largest student population of any solitary campus in the country.

Degree BSBA in Real Estate

19. University of Mississippi

The University of Mississippi offers one of the best degrees for real estate programs for candidates with a strong interest in a career in the real estate industry. Ole Miss’s Bachelor of Business Administration (BBA) degree program in Real Estate requires the completion of 120 credit units to graduate. Coursework for the University of Mississippi’s best real estate programs includes Finance, Investments, Economic Statistics, Business Calculus, and Management Strategies, to name a few. In addition, the best degree for real estate program offers degree candidates ample networking opportunities through the school’s Real Estate Advisory Board.

The University of Mississippi was established in 1848. Ole Miss’s rural campus is home to approximately 24,000 students. Ole Miss operates satellite campuses in Grenada, Southaven, Tupelo and Booneville, MS.

Highlight The University of Mississippi holds the distinction of having the largest student enrollment in the state of Mississippi.

Degree BBA in Real Estate

20. New York University

New York University’s School of Professional Studies offers a Bachelor of Science in Real Estate that is ranked among the best degrees for real estate majors interested in a real estate career. The best real estate programs offered by NYU require students to complete 128 credit units to graduate from the program. NYU’s best degree for real estate majors requires a graduation project as either an independent study, internship, or seminar. Classes include Critical Thinking, Mathematical Reasoning, Statistical Methods, Real Estate Law, and Real Estate Finance, to name just a few.

New York University was chartered in 1831 as a private university. NYU is a recognized global school with campuses in Brazil, Italy, England, Spain, France, Australia, and Israel, to name a few. The school’s campus in iconic Greenwich Village is home to nearly 52,000 students.

Highlight NYU is recognized by many authorities among the top twenty universities in the world.

Degree BS in Real Estate

21. Emory University

Emory University’s Goizueta Business School offers one of the country’s best real estate programs for students who want to establish a real estate career. Emory University’s best degrees for real estate majors include a Bachelor of Business Administration in Finance & Real Estate degree program. Emory University offers the students enrolled in its best degree for real estate programs the opportunity to study abroad internationally South Korea, Linz, Austria, or Stockholm, Sweden. Graduates from Emory’s undergraduate real estate program find rewarding work in finance, consulting, education, technology, accounting, and construction, among other industries.

Emory University was chartered as a private school in 1836. Emory University remains affiliated with the United Methodist Church. The school’s suburban campus covers more than 600 acres and serves more than 15,400 students.

Highlight Emory University operates with nine academic colleges/schools that include a school of nursing, law, graduate, medicine, and Oxford College, to name a few.

Degree BBA in Finance/Real Estate

22. University of Missouri – Kansas City

The Henry W. Bloch School of Management offers the University of Missouri-Kansas City’s BBA in Real Estate that is recognized among the best real estate programs available in the education marketplace. The best real estate degree program offered by UMKC covers the topics of finance, health administration, marketing, nonprofit management, and real estate, among others. Real estate degree candidates enrolled in UMKC’s best degrees for real estate majors must complete real estate related classes like Real Estate Property Management, Entrepreneurial Finance, Real Estate Finance, and Real Estate Principles, among others.

The University of Missouri is a public institution of higher education that was chartered in 1933. UM, Kansas City UM Kansas City’s urban campus serves approximately 17,000 students. The school is organized twelve colleges and schools.

Highlight The Princeton Review recognizes UM Kansas City as a best value public university.

Degree BBA in Real Estate

23. Southern Methodist University

Southern Methodist University’s Cox School of Business offers one of the nation’s best degrees for real estate majors through the school’s Bachelor of Business Administration (BBA) degree program in Real Estate. The core coursework required by degree candidates enrolled in SMU’s best real estate programs includes Business Statistics, Operations Management, Marketing, Business Law, and Strategic Management of a Global Economy, among others. Students attending SMU’s best degree in real estate program must also complete another 6-8 classes in the student’s real estate dedicated major.

Southern Methodist University is a private institution of higher education that was established in 1911. SMU was founded by the Methodist Episcopal Church, South and remains affiliated by the United Methodist Church.

Highlight Southern Methodist University operates campuses in University Park and Plano, Texas, as well as Taos, NM.

Degree BBA in Real Estate

24. University of Northern Iowa

The University of Northern Iowa’s Bachelor’s in Real Estate degree program is ranked as one of the best degrees for real estate majors in the nation. The best degree for real estate majors includes classes like Corporation Finance, Decision Analytics, Intro to Information Systems, Real Estate Appraising, Real Estate Law & Finance, and Advanced Financial Management, to name a few. UNI’s best real estate programs prepare graduates for rewarding careers in commercial real estate or residential real estate in the areas of lending, sales, finance, servicing, and property management.

The University of Northern Iowa is a public institution of higher learning that was established in 1876 as a state teacher’s college. UNI’s Cedar Falls’ urban campus covers more than 850 acres and serves approximately 10,400 students.

Highlight The majority of students enrolled in UNI are from the state of Iowa.

Degree Bachelor’s in Real Estate

25. Georgia State University

Georgia State University’s Department of Real Estate offers one of the country’s best real estate programs for students with a strong interest in a real estate career. GSU’s best degrees for real estate majors include the Bachelor of Business Administration in Real Estate degree program. US News recognizes GSU’s best degree for real estate programs among the top ten in the nation. Students enrolled in GSU’s undergraduate real estate program must complete 122 credit units to graduate.

Georgia State University was chartered in 1913. GSU’s campuses serve nearly 53,000 students. Georgia State University is organized into 11 schools/colleges. The school’s student body is considered ethnically diverse.

Highlight Georgia State University holds the distinction of being one of the four research universities that are a part of the University System of Georgia.

Degree BBA in Real Estate

How Do I Choose a College for Real Estate?

The process of choosing a college for a real estate degree depends on the needs of the individual and personal preferences. The best college for real estate is the option that fits your budget, offers quality education, and meets high standards for students.

Good colleges for real estate will have accreditation to show that the school meets or exceeds educational standards for students. The accreditation may vary based on the school, so you want to focus on the top universities for real estate with accreditation from well-known organizations.

While the best undergraduate real estate programs will have accreditation, you also want to focus on your personal priorities for the degree. The top real estate programs may offer specialized education for students in specific areas of real estate. If you are looking for the top college for real estate that applies to commercial or business properties, then you want to focus on schools that offer a concentration in commercial real estate or business real estate.

Good schools for real estate give you a strong foundation in the skills that you need for your career. When looking into different schools and options, you need to focus on the programs that fit your personal objectives for your career. Opt for a school that allows you to gain specialized skills or that offers concentrations in different areas of real estate. You can also focus on general real estate studies if you are not sure about your goals and need an overview to determine the options that fit your needs.

Are There College Majors in Real Estate?

When you are looking for a college major for real estate, you may have options that focus on real estate or you may need to focus on alternative degrees that offer specialized training in real estate. College real estate programs come in two variations: business degrees with a specialization in real estate or specialized real estate degrees. Universities that offer real estate degrees may also offer specialized concentrations in specific areas of real estate to further enhance your skills and give you specialized training.

When you are looking at undergraduate real estate programs, you want to pay attention to the details of the program name. Real estate majors in college may fall under a business degree or a related degree. If you notice that the degree is in business administration with a concentration in real estate, then the focus on the degree is the business side of real estate.

Look for colleges that have real estate majors rather than concentrations in real estate under a different major. By focusing on schools with a major in real estate, you are able to get specialized training that applies specifically to the real estate industry. It gives you an overview of different areas of real estate and provides in-depth insights into the topics. Schools that do not have a specialized major in real estate may not offer the same level of education in the topic and may limit the amount of information related to the industry by focusing on other areas of business, finance, or related fields. You want to obtain a degree that gives you a strong foundation in real estate as an industry and helps you determine the appropriate career path based on your interests and your goals. Many colleges and universities offer programs in real estate at the undergraduate level to help you reach your career objectives.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Most Affordable Actuarial Science Bachelor’s Programs for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

One of the biggest concerns individuals have when attending college is the cost. However, it’s possible to save money on an actuarial science degree. For one, a person can look for cheap universities to study actuarial science. This is as simple as conducting a search for “cheap actuarial science degree in (your location).” Once you conduct your search, compare your options carefully based on the price. Keep in mind that some of the schools may not be cheap universities to study actuarial science.

A person has other ways to make earning an actuarial science degree more affordable. A person can apply for grants through the school, state and federal government, and private grants. It’s as simple as filling out an application in many cases. Another way to make earning an actuarial science degree more affordable is to look for scholarships, which are available through the school and private organizations. Finally, some employers may offer tuition reimbursement programs that will reimburse a person for a portion of the expense of his or her degree program.

Methodology: Ranking the Most Affordable Actuarial Science Bachelor’s Degrees

Great Business Schools editors do not want to see good students choose bad programs, so our most affordable ranking is about more than just cost. All programs considered must be accredited and recognized for quality. For the ranking itself, though, schools are placed in order by cost, from IPEDS data.

1. CUNY Brooklyn College

CUNY Brooklyn College offers the most affordable Actuarial Science, BS degree programs in the New York City area. Actuarial mathematics is based around risk and its potential to affect specific variables. Individuals who pursue this type of mathematics degree can become an analyst that works to predict various trends in employment, financial matters, and many other areas. With an affordable Actuarial Science, BS degree, students continue to take on new responsibilities and opportunities as they present themselves.

CUNY Brooklyn College offers affordable degree programs for veterans and other professionals who are looking to improve their skills so they can explore new job opportunities. The faculty and instructors at the college have years of experience in working as professional analysts or in other capacities where mathematics is required to evaluate and determine potential risk. With an affordable Actuary Sciences BS degree, students can gain the skills and experience they need to follow the career path of their choice.

Degree Actuarial Science, BS

2. Arizona State University

Arizona State University offers affordable Actuarial Science, BS degrees to students who are interested in working within the insurance industry as property and casualty analysts. An affordable Actuarial Science degree gives students the tools they need to identify potential risks and analyze the events that can increase your potential for financial loss. For students who want to pursue an Actuarial Science, BS degree in Mathematics, receiving their degree will open the door to their future.

Arizona State University is an award-winning university that offers students the tools they need to prepare them for a career in understanding risk and how to reduce the impact it has on specific situations. Faculty members offer hands-on experience as learning tools to teach students the skills they need to succeed. Every student receives an education that is designed to produce results and give students who graduate with their Actuarial Science BS degree an advantage as they enter the workforce.

Degree Actuarial Science, BS

3. University of Michigan – Flint

The University of Michigan – Flint offers affordable Actuarial Science, BS degrees to students who are exceptionally skilled when it comes to mathematics. With an Actuarial Science degree, students with strong skills in mathematics and business protocols can enter into careers that involve determining varying degrees of risk and how those risks will affect the world around them. Receiving an affordable Actuarial Science, BS degree is the first step in establishing yourself as a professional in a very lucrative profession.

The University of Michigan is one of the most well-respected universities in the country in terms of professional sciences. Faculty members and instructors are dedicated professionals with many years of experience in their respective fields. They use their experience to provide valuable lessons to the students who look to them for a positive learning experience. Students who are interested in an affordable Actuarial Science degree can rely on the University of Michigan to provide them with what they need to make a name for themselves in their chosen industry.

Degree Actuarial Science, BS

4. The University of Texas at San Antonio

The University of Texas at San Antonio is known for its affordable Actuary Science, BBA degrees. With an Actuary Science, Bachelor of Business Administration degree students have the necessary skills to effectively manage the daily operations of a business that involves predicting risks and evaluating the possible outcomes associated with those risks. Individuals who pursue this type of career are detail-oriented and are able to identify and evaluate various risk factors. With an affordable Actuary Sciences, BBA degree, individuals can hone those skills and advance in the type of career they can be proud of.

The University of Texas at San Antonio has a powerful reputation for offering award-winning curriculums that provide students with the skills and information they need to work in a fast-paced environment where risk and reducing the potential for loss are the keys to success. Faculty members are available to provide support and assist students with navigating through the steps they need to take to become successful actuaries in a highly specialized environment.

Degree Actuary Science, BBA

5. Brigham Young University

Brigham Young University offers the best, most affordable Actuarial Science Bachelors degree programs in the state of Utah. Each degree program is designed to provide the mathematical and organizational skills to allow an actuary to perform their duties. By giving them the tools they need to understand potential risk factors and what can be done to prevent subsequent loss, affordable Actuarial Science degree programs are well worth the time and effort a student must spend to earn them.

Brigham Young University is one of the most advanced and well-respected universities in the country when it comes to providing quality educational programs. The well-planned curriculum is presented by instructors who have worked as actuaries and can provide invaluable insight into all aspects of the industry. The university also offers a wide array of resources and programs to support the students’ learning experiences.

Degree Actuarial Science, BS

6. Oakland University

Oakland University provides affordable Actuarial Science, BS degrees for students who are trying to move forward in the insurance, financial, or other industry in which predicting and preparing for future events is a must. Skills and training concepts are offered that allow students to be able to identify potential risks and take the necessary steps required to reduce potential loss and strengthen the organization or system so the risk is no longer a threat. With an affordable Actuarial Science, BS degree, students are given the confidence they need to apply for the most lucrative positions available.

Oakland University has one of the most in-depth and well-structured Actuarial Science degree programs in the state of California. Every instructor has years of experience they can draw upon to assist students in overcoming challenges and obtain the skills they need to perform the duties of their position. Once they have graduated from the University, they can begin to move forward, applying to the positions they feel the most comfortable with.

Degree Actuarial Science, BS

7. University of Central Missouri

The University of Central Missouri offers students one of the most affordable Actuary Science & Statistics, BS degrees in the central United States. This degree program is designed to offer students a wide range of skills and tools that will allow them to with potential risk factors and predict possible outcomes using statistics and other organizational resources to accomplish heir goals. By utilizing the programs offered by the campus to gain their Actuary Science & Statistics, BS degree, students not only gain confidence, they also feel fully prepared to take on their new role.

The University of Central Missouri is an accredited university that is capable of providing top of the line coursework in addition to a variety of programs that have been established to provide students with the hands-on experience they need to succeed. The Society of Actuaries has worked hand in hand to develop the curriculum used at the university so it is guaranteed to provide exactly what each student needs.

Degree Actuary Science & Statistics, BS

8. Appalachian State University

Appalachian State University offers one of the most affordable Actuarial Science BS degree programs in the area. The course curriculum offers all of the skills required for an actuary to perform their duties and perform them well. The degree program ensures that every graduate can enter the workforce with the resources they need to succeed in both the statistical aspect as well as the managerial or business aspect of their required job description. With an affordable Actuarial Science degree, students are confident in their skills and ready to go to work.

Appalachian State University is the largest college in their area. The university employs over 450 faculty members who are able to assist students with all of their needs. The university is also well-known for its numerous grant programs that are designed to assist students who are dedicated to completing their education and moving on to fulfill their dreams of having a professional career as an actuary or in a similar capacity.

Degree Actuarial Science, BS

9. Central Washington University

Central Washington University offers an affordable Actuary Science Bachelor degree programs who qualify. The courses offered encourage students to explore critical and creative thinking challenges they will need to identify possible risks and come up with viable solutions. The students will learn to use calculus, statistics, and the concept of probability to complete their tasks. They will learn a variety of business applications as well that will complete their Actuary Science degree program and allow them to enter the workforce with all of the tools they need for success.

Central Washington University offers an average class size of approximately 20 students. Faculty members have received awards for heir work in both professional circles as well as for working with exceptional students. The university offers students course curriculums that have been designed to provide them with all of the skills and tools they will need to master the duties of whatever job they decide to take.

Degree Actuarial Science, BS

10. The University of Texas at Dallas

The University of Texas at Dallas offers the most affordable Actuary Science Bachelor degree program in the state of Texas. The Department of Mathematics oversees the Actuary Science degree programs and offers students everything they need to succeed in this highly competitive industry. Actuaries require proficiency in both mathematical/statistical skills as well as business organization and management. With the right affordable Actuary Science degree program, students can look forward to pursuing a career as an actuary in any number of industries.

The University of Texas at Dallas is one of the most highly-rated universities in terms of exceptional coursework and professional faculty members. Faculty members have experiences they can use to inspire and guide Actuarial students as they pursue their career goals. Whether they work online or in the classroom, each student has access to the best possible resources in the state.

Degree Actuary Science, BS

How Do I Become an Actuary?

Before completing a bachelor’s degree, part of the process of how to become an actuary requires a person to earn a certificate from either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). Either organization is acceptable.

A person must pass several exams before completing the certificate program. According to the Bureau of Labor Statistics, how long does it take to become an actuary could be between four to seven years.

Although the answer to how many years does it take to become an actuary seems like a lot, a person can earn over $100,000 per year after completing the requirements.

How Do I Pass the Actuarial Exams?

When thinking about the actuarial exams, a person should know the answer to how many actuarial exams are there. The number of how many actuarial exams are there varies based on the association a person chooses. With the Casualty Actuarial Society (CAS), there are 12 exams. The list of actuarial exams for the Society of Actuaries is much longer. The list of actuarial exams includes over 20 tests, but individuals don’t have to complete them all. Fortunately, a person only has to pass one or two before being able to get a job.

The actuarial exams pass rate is a bit discouraging. Actuarial exam pass rates are often under 50 percent. This actuarial exams pass rate means that less than 50 percent of people pass the exam. The actuarial exam pass rates should be an indication that a person has to study hard to pass.

The cost of actuarial exams varies from test to test. The cost of actuarial exams for the first two tests is $225. However, actuarial exam costs raise as the tests get more difficult. Some actuarial exam costs exceed $1,000 for one test.

While this is a bit discouraging as well, keep in mind that what are actuarial exams consists of tests necessary to showcase a person’s knowledge in the field. Additionally, what are actuarial exams includes the fact that they’re necessary to practice as an actuary. A person should also know that what is an actuary exam includes the fact that a person must pass one or two tests before working in the field. It’s also important to know that what is an actuary exam takes into consideration that it can take up to 10 years to pass all the exams.

Can I Get an Entry Level Actuary Job Right Out of School?

A lot of people wonder how they can acquire entry level actuary jobs. It’s important to understand that you should complete at least one or two of your exams discussed above before trying for an entry-position. Even entry level jobs in actuarial science require a person to have at least one or two of the exams complete to demonstrate an understanding of the field.

Besides looking into entry level actuary jobs, a person may want to consider working as an insurance underwriter or a similar field to gain relevant experience. It’s oftentimes difficult to achieve entry level jobs in actuarial science.

Another option a person has is to apply for an internship. Although it’s not completely necessary for people who don’t plan on earning a graduate, it’s a stepping stone that can gain a person paid experience.

How Much Do New Actuaries Make?

Actuary starting salaries vary based on the field a person goes into. For instance, an entry level actuary salary for someone in health is usually between $48,000 and $64,000. Actuary starting salaries for those in pensions are usually between $49,000 and $67,000. The highest entry level actuary salary is for property and casualty insurance. The actuarial science starting salary for these individuals is between $50,000 to $73,000.

An actuarial science starting salary can earn a person a feasible salary, although it may seem a little bleak when a person considers how much time it takes to become an actuary. Fortunately, the answer to what is the average starting salary for an actuary isn’t nearly as high as a salary for someone with experience in the field. In fact, the answer to what is the average starting salary for an actuary may be only half of what a person ends up making, considering the average salary of an actuary is $102,880 per year.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

10 Fastest Online Actuarial Science Bachelor’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

When considering how to become an actuary, students should understand that he or she must earn a bachelor’s degree. However, in the 21st century, it’s acceptable for students who are in a hurry to begin or change their career to earn the degree in a shorter amount of time in an accelerated program. The first step to becoming an actuary quickly, then, is to find a school that offers an accelerated degree program in actuarial science. A person may also earn a degree in mathematics, statistics, or another analytical area of study. During the course of the program, a student studies math, statistics, economics, and even corporate finance courses, among others.

How to become an actuary requires a person to have at least a bachelor’s degree in one of the aforementioned fields. Without a bachelor’s degree, a person won’t be eligible to earn even entry-level position in the field. While the requirements for how do I become an actuary seem stringent, an employer will often allow a person to work for him or her after only completing one or two of the necessary exams. Employers recognize that the answer to how do I become an actuary is an entailed process.

Methodology: Ranking the Fastest Actuarial Science Bachelor’s Programs

Obviously, students who want an accelerated program want it fast, so Great Business Schools editors began with accredited programs that offered various options for speed, including accelerated classes, multiple start times, and generous transfer credits. From there, programs were also ranked according to their cost, salary potential, and student satisfaction, using data from College Scorecard, IPEDS, and Niche.

1. Indiana University

Indiana University offers a BS in Mathematics that is available entirely online. IU’s BS undergraduate program includes an accelerated bachelor degree in actuary option. Students enrolled in IU’s undergraduate actuarial/mathematics program must complete 120 credit units to graduate; 27 credit units of which are considered mathematics core courses. Coursework for this class includes Abstract Math, Statistical Techniques, Finite Math, Complex Variables, and Intuitive Topology, to name a few. Indiana University allows for up to 90 credit units to be transferred from a regionally accredited institution of higher education.

Indiana University was established in 1820. IU operates two primary campuses in Bloomington and Indianapolis, plus seven regional facilities as well. The student enrollment for the entire university exceeds 110,000 students.

Highlight Indiana University boasts an impressive list of alumni, including the author of the Hunger Games – Suzanne Collins, and bandleader Hoagy Carmichael.

Degree Mathematics, BS

2. Chadron State College

Chadron State College offers an accelerated bachelor degree in actuary through the school’s Bachelor of Science (BS) degree program in Mathematics, which is available online or in a hybrid or an on-campus in a traditional format. The curriculum offered through Chadron State College’s BS in Mathematics program includes Differential Equations, Probability, and Statistics, Calculus I, II, III, and Linear Algebra, to name a few. CSC’s core credit unit requirements for BS Mathematics majors include 36 credit units.

Chadron State College was established as a public institution of higher education established in 1911. CSC is a recognized open admissions school and the only four-year school located in Nebraska’s western/northern half of the state. CSC’s campus covers more than 275 acres and serves approximately 2,900 students.

Highlight Chadron State College’s mission is to serve students from the FAR (Frontier and Remote) Communities, and the Nebraska High Plains.

Degree Mathematics, BS

3. Mercy College

Mercy College’s BS in Mathematics can be completed 100% online. Mercy College’s undergraduate mathematics degree can be the educational springboard for those students interested in enrolling in an accelerated bachelor degree in actuary program. Mercy College’s BS in Mathematics program requires the completion of 120 credit units by completing classes like Discrete Structures, mathematical Modeling, Foundations of Computing I, II, and Number Theory, among others. Mercy College has a residency requirement of 15 credit units in math, computer info systems, or computer science.

Mercy College was established in 1950. Mercy College is a private institution of higher education that operates as a nonsectarian university. The school’s suburban campus in Westchester County, NY, serves more than 11,000 students and is located less than an hour from midtown Manhattan.

Highlight Mercy College operates several campuses – two in Westchester County and two in NYC – in the Bronx and Manhattan.

Degree Mathematics, BS

4. Lock Haven University

Lock Haven University of Pennsylvania’s (LHU) College of Natural, Behavioral, and Health Sciences/Department of Mathematics offers a Bachelor’s degree in Mathematics that can be completed entirely online. LHU offers a two-year advanced actuarial degree in its graduate choice of programs that can be used as an accelerated bachelor degree in actuary springboard degree program. Students in the BS Mathematics program with an actuarial track complete coursework in finance, business, and statistics, plus the participation in a 2 credit hour internship program during their senior year.

Lock Haven University was established in 1870 as a teacher training college. Lock Haven University of Pennsylvania is a member school of the Pennsylvania State System of Higher Education. The school’s 200-acre campus is home to approximately 4,500 students studying for the 70+ undergraduate and graduate degrees offered.

Highlight Lock Haven University of Pennsylvania became a member school of the Pennsylvania State System in 1983.

Degree Actuarial Science, BS Online/ Two year advanced degree

5. Texas A&M University

Texas A&M University offers two undergraduate mathematics degree programs that are available completely online. A&M offers students interested in an accelerated bachelor degree in actuary program a choice of a distance learning option of either a Bachelor of Science or a Bachelor of Arts degree program in Mathematics. Students enrolled in A&M’s undergraduate math programs find rewarding work as actuaries, stochastic processes, and even underwater signal processing for acoustics. The school offers small class sizes and honors degree classes for advanced math students.

Texas A & M University was established in 1871 and is a land-grant, sea-grant, space-grant, and senior military institution of higher education. The school’s college-town campuses serve nearly 70,000 students – making A&M one of the largest school enrollments in the country and the largest in the Lone Star State.

Highlight Texas A & M University is the founding school of the Texas A&M University System.

Degree Mathematics, BS/BA Online

6. Midway University

Midway University offers a BS in Mathematics that is available 100% online. Midway’s BS Math program offers an accelerated bachelor degree in actuary program utilizing 8-week accelerated courses. Midway University’s student to faculty ratio is an impressive 16 to 1. Degree candidates from Midway’s BS degree program in Mathematics open career opportunities in the fields of actuarial science, engineering, education, data analysis, and computer science, to name a few.

Midway University is a private institution of higher learning that was founded in 1847. Midway University offers both associate and bachelor degree programs to its more than 1,700 students. Midway University is affiliated with the Christian Church – the Disciples of Christ.

Highlight Midway University operated as the only exclusive women’s school in Kentucky until the mid-2010s when men were admitted for the first time.

Degree Mathematics, BS Online/ 8 weeks Accelerated

7. Grand Canyon University

Grand Canyon University’s College of Humanities and Social Sciences offers a Bachelor of Science (BS) degree program in Mathematics Education that can be finished entirely online. GCU’s BS in Math Education is a smart stepping-stone academic degree for those wishing to enroll in an accelerated bachelor degree in actuary program. Graduates from GCU’s undergraduate math degree enter the workforce as Economists, Teachers, Statisticians, and Actuaries, to name a few. Degree candidates must complete 120 credit units to graduate, of which 80 credit units must be within the mathematics major.

Grand Canyon University was established in 1949. The school is considered a non-denominational Christian Church and serves more than 20,000 students on-campus and more than 69,000 students online.

Highlight Grand Canyon University holds the distinction of being the largest Christian institution of higher education in the world.

Degree Math Education, BS Online

8. Stevenson University

Stevenson University offers a BS in Applied Mathematics that is available 100% online and a bachelor’s to a Master’s program in Mathematics as well. Stevenson University’s mathematics degree programs work as great education springboards for those interested in completing an accelerated bachelor degree in actuary program as they vie for a career as an actuarial scientist. Students can opt for a focus in actuarial science and enter the workforce as an Insurance Analyst, A financial Analyst, a Statistical Analyst, or and Investment Analyst, to name a few.

Stevenson University was established in 1947 and was originally named Villa Julie College. Stevenson University operates two campuses in the state of Maryland and serves approximately 3,500 students. Stevenson University offers more than 80-degree programs – including newly created professional degrees.

Highlight Stevenson University boasts a tremendous amount of distance learning options and students.

Degree Applied Mathematics, BS Online/ Bachelors to Masters Program

9. University of Hartford

The University of Hartford’s Department of Mathematics offers two undergraduate mathematics courses that are available entirely online through the school’s distance learning platform. UHart offers two accelerated bachelor degree in actuary programs through the online options of the school’s Bachelor of Science (BS) degree or the Bachelor of Arts (BA) degree program in Mathematics. The BA program requires the completion of 44-45 major credit units, whereas the BS degree program requires the completion of 60-61 credit units to graduate – which includes math and physics classes.

The University of Hartford was established in 1957. The school’s suburban campus in West Hartford serves nearly 6,800 students studying from more than 100 undergraduate, graduate, and certificate programs offered by the university’s seven schools/colleges.

Highlight The University of Hartford’s student body includes students from nearly 50 states and more than 40 countries.

Degree Mathematics, BS/BA Online

10. Clarkson University

Clarkson University’s Department of Mathematics offers a Bachelor of Science (BS) degree program in Mathematics that can be completed entirely online. Clarkson University’s BS in Mathematics program is a smart undergraduate degree for students interested in completing an accelerated bachelor degree in actuary program. Coursework for Clarkson’s BS in Math program includes Projective Geometry, Differential Equations, Mathematical Statistics, and Computer Algorithms, to name a few. Clarkson University offers its mathematics major students access to many cooperative work programs and internships around the world and the country.

Clarkson University was established in 1896. The school’s 600+-acre campus is home to more than 4,200 students and located in the state’s capital region upstate. Princeton Review considers Clarkson University one of the most environmentally responsible universities.

Highlight Forbes recognizes Clarkson University among the top 50 most entrepreneurial institutions of higher education in the country.

Degree Mathematics, BS Online

What is an Actuary and What Do They Do?

A person may have heard the term “actuary” and wonder what is an actuary. First and foremost, the definition of actuary is someone who analyzes risks and their uncertainty. The definition of actuary also includes the fact that this individual must minimize the cost of the risk since part of the job description of an actuary is helping either businesses or individuals or both to create insurance policies that decrease the cost of the risk. Additionally, part of the job description of an actuary is to help individuals and businesses create a policy tailored to the clients’ needs. When someone is asking what does an actuary do, a person should understand that these individuals tend to work in insurance. Additionally, what does an actuary do includes using math on a regular basis.

The actuary job description includes using statistics and data. The actuary job description also includes estimating the cost of certain events and how they would affect the client. To summarize what do actuaries do, they create policies, pension plans, or investments to minimize a person’s risk and maximize their profit.

Most of what an actuary does includes working on computers. What an actuary does also includes taking into consideration the insurance company and their profit.

Generally, when a person is answering what do actuaries do takes into consideration where they work. Generally, an actuary works in health, life, or property insurance. Another option that helps answer what do actuaries do is work with pension plans.

Are There Lots of Jobs for Actuaries?

Before someone decides to go to school for actuary science, he or she may want to know about the prospective jobs for actuaries, in particular the job outlook for actuaries. Fortunately, the Bureau of Labor Statistics (BLS) shows a promising future of actuary science. In fact, the BLS reported 25,000 jobs for actuaries as of 2018. The actuary jobs outlook is positive since the BLS projects the number of jobs will grow by 20 percent. In terms of the actuary jobs outlook in comparison to other jobs, the job outlook for actuaries is expected to grow faster than average.

Besides taking the job outlook for actuaries as a whole into consideration, a person should understand that certain areas have more actuarial science job opportunities than others. The actuarial science job opportunities are most plentiful in states like New York, Pennsylvania, Illinois, Ohio, and California. In other states, there isn’t much of a future of actuary science because these states had under 30 jobs for this field as of 2018.

When thinking about the future of actuarial science, a person should take into consideration that most jobs with insurance carriers. A person should also take into consideration that the employment outlook for actuaries is also possible with brokerages, consulting services, and management companies. However, the employment outlook for actuaries is more than likely going to remain high with insurance companies.

How Much Can I Make as an Actuary?

The BLS notes that the median salary for an actuary in the U.S. was $102,880 annually. This salary for an actuary is equivalent to $49.46 per hour. Besides understanding the average salary of actuaries, a person should also know that certain fields pay higher. For instance, the average salary for an actuary with an agency or brokerage is $121,480 while the average salary of actuaries who work with management or consulting companies is over $120,000 per year.

A person should also be aware that the average salary of actuaries varies based on the area a person lives in. For instance, what is the salary of an actuary in New York is much higher than the average in Minnesota. The average salary for an actuary in New York is $150,950, making this state the state with the highest paid actuaries on average. Another state that has high paying jobs is Connecticut. On average, what is the salary of an actuary in Connecticut is $132,910 per year.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

Ready to find the perfect business program?

15 Best Online Actuarial Science Bachelor’s for 2020

Last updated: May 18, 2021

Ready to find the perfect business program?

Working adults who want to move into an actuarial career can benefit from earning all or part of their bachelor’s degree in actuarial science online. For instance, online actuarial science degrees courses are often customizable. A person can take online actuarial science degrees courses at his or her own rate in his or her own time. Therefore, earning credits toward actuarial science online degrees could be much quicker than taking all the courses in a traditional classroom setting. Therefore, with actuarial science online degrees, credits can take a much shorter time than a standard on-campus degree program.

Plus, actuarial science degrees online may be less expensive. Often, a school charges less for their online courses when a person compares them to the cost of traditional courses. Therefore, actuarial science degrees online may be less expensive overall. It’s important to note that a degree in actuarial science online is fairly rare at the bachelor’s level. A person does have the option to earn a majority of the credits online and complete the necessary courses on-campus, though. Generally, completely online actuarial science degrees aren’t available until the master’s degree level if a person wants to complete a program completely online.

Methodology: Ranking the Best Online Actuarial Science Programs

To rank the best online bachelor’s in actuarial science, Great Business Schools editors began with accredited, reputable institutions known for making an impact on their graduates’ career. Programs were then ranked according to practical factors, including job market reputation, salary potential, and tuition cost, according to data from IPEDS, College Scorecard, and more.

1. Maryville University of Saint Louis

Maryville University of Saint Louis offers an online BS in mathematics program. This program is designed to prepare students for a broad range of possible mathematics careers. With this degree, students become empowered to pursue careers in the government, nonprofit organizations, or for-profit businesses such as insurance companies. In any case, students gain the skills that they need to make abstract concepts into discernible data. As a result, it has gained a reputation as one of the best online actuarial science programs.

As a School, Maryville University offers several options for non-traditional students. Its high-quality online programs let students learn from virtually any location. Maryville University is uniquely career-focused. The school partners with businesses and other organizations to create programs that will lead students to success. As a result, students at Maryville often feel uniquely prepared for the career world once they graduate.

Highlight Forbes has ranked Maryville University as one of America’s top colleges in 2019.

Degree Mathematics, BS

2. Indiana University East

The mathematics degree at Indiana University East has become one of the best online actuarial science programs. That said, students can also pursue other math-related pathways within this program. This online program was designed for students who have already taken their core classes. Those who have already taken core classes can graduate from the program in as little as two years. After taking core math classes, students can customize their degrees to pursue the pathway that works best for them.

Indiana University East provides all of the same benefits as the main Indiana University campus, but those benefits come in a smaller package. The Indiana University name looks great on a resume and helps students go places. The school has excellent online programs with plenty of tools and resources for its students. In their online classes, students get lots of support from teachers and mentors.

Highlight Indiana University East has a unique focus on military students. The school offers benefits such as grants and scholarships for these students.

Degree Mathematics, BS

3. Ottawa University

With several concentrations, Ottawa University provides one of the best online actuarial science programs. This degree comes from a thriving mathematics program. In addition to their core classes, mathematics students can choose a concentration in actuarial science. This convenient online program gets students ready to pursue in-demand careers. Students develop advanced skills that empower them to either move on to grad school or go straight into the workforce.

Ottawa University has designed its online programs with the most possible flexibility in mind. Faculty here know that not every student can complete a degree on campus, and they know that this fact shouldn’t get in the way of education. Not only does the online format offer a level of convenience that other classes don’t, these programs also count military experience, job experience, and other previous knowledge as prerequisites for degrees. As a result, non-traditional students get the chance to thrive, getting the education that they deserve. Ottawa University is a Christian School with Baptist values, so students who share these values or would like to explore them further gain unique learning opportunities at the school.

Highlight US News and World Report ranked Ottawa as one of 2018’s best colleges.

Degree Mathematics, BA

4. University of Hartford

The University of Hartford’s mathematics program doubles as one of the best online actuary science programs available to students today. This math major comes with the option of minoring in data science. The data science portion of the program gets students ready for careers in analyzing risks and possibilities. It’s a strong, well regarded program that looks excellent on a resume. More importantly, it helps students develop career skills that will last a lifetime.

At the University of Hartford, faculty members encourage students to hold on to their passions and their dreams. Academic programs here help students harness those passions and gain practical steps to turning their dreams into realities. The online classes, of course, are just as practical and valuable as their on-campus counterparts. Online classes come with lots of support from faculty members. For STEM majors, this support makes a big difference. It turns even the most challenging programs into rewarding and worthwhile endeavors.

Highlight The University of Hartford has a very low student-faculty ratio. Those who prefer smaller class sizes enjoy what this university has to offer.

Degree Mathematics, BS

5. Chadron State College

Chadron State College has an excellent mathematics program for future actuaries. In this program, students not only learn advanced math concepts, but they also learn how to communicate those concepts in simple and effective ways. Actuaries often have to translate math buzzwords to people who don’t necessarily have a background in math. That’s why communication is key, and it’s why Cadron helps students make the most of that communication. After graduation, some students go on to analyze data for a living, and others go into math education. Either way, the program’s high standards and flexible format make it one of the best online actuary science programs available to students today.

Chadron State College is a beautiful school with small class sizes in rural Nebraska. As a matter of fact, it’s the only regionally accredited four year university in that part of Nebraska. As such, this school is a leader in education. It brings innovation that the area might not otherwise have. From on-campus courses to online classes, students get a challenging and worthwhile education that prepares them for fulfilling careers.

Highlight 83% of full-time faculty at CSC have earned the highest possible degrees in their field.

Degree Mathematics, BS

6. Southern New Hampshire University

Southern New Hampshire University’s applied mathematics program gives students the option of an actuary concentration. Because of its targeted focus, it is one of the best actuarial science programs in the country. This online program offers a deep dive into analytics, and it prepares students four data-focused careers. No matter how the job market changes over time, SNHU students are prepared to step into complex roles. Furthermore, this program is a transfer friendly program that lets students earn credits for things that they have already learned. As a result, students don’t waste their time or their money. They make the most of their life experiences and get an effective education.

SNHU is a career focused school. Both online and on-campus, the school takes a practical approach to education. Because the school has more than 200 online programs available, the faculty members here understand the needs of online students. Many students here are adults with families and demanding work schedules. That’s why the courses here are flexible and focused. Faculty members at SNHU also have real-world experience to back up their teaching expertise. As a result, students get the relevance that they need from their classes.

Highlight Military students receive plenty of support at SNHU. The school has tuition discounts for military members, partnership programs, and generous transfer opportunities.

Degree Applied Mathematics-Actuary Concentration, BA

7. Indiana University

The mathematics BS at Indiana University covers several math topics. However, that’s not what sets this program apart. Students also get the opportunity to tailor their degrees with electives on specializations. Students pursue all kinds of pathways four potential careers, including actuary careers. As a matter of fact, it turns out that Indiana University’s strong data courses put this school among the best online actuary science programs. Furthermore, just like with the rest of Indiana University’s online degree programs, mathematics students get access to advanced technology, support, and opportunity. This flexible degree program puts students on a successful career path.

Indiana University is a major, highly recognized school that happens to have an excellent online program. As a large and thriving university, Indiana University has the resources that it needs to stay ahead of the educational curve. That’s why it leads the way in a lot of educational innovation. Whether online or on-campus, students learn from award-winning faculty members who have lots of real-world experience in their fields. As a result, students gain unique insight into what their lives may look like after graduation.

Highlight Many of IU’s online courses have no set login times. Students can learn on their own schedule and complete these courses at their own pace.

Degree Mathematics, BS

8. Stevenson University

Stevenson University’s applied mathematics program lets students turn their love of numbers into high demand careers. Within this program, students get a valuable skill set that they can use in their future job searches. Students here may customize their degrees, pursuing subjects such as math education, business, and even general mathematics. It even has one of the best online actuarial science programs. As a result, students here are uniquely prepared for jobs in the math and business worlds.

Stevenson University has a commitment to excellence, both in its online classes and its on campus classes. This school is especially strong in the areas of science and math, which is great for those who want to go into actuarial science. This school is very student-focused, with a mission to connect students to their careers and prepare them for the rest of their lives. The school helps students turn their classroom learning into real-world opportunities, providing opportunities that help propel students forward.

Highlight 99% of students at Stevenson receive some type of financial aid, making it one of the more affordable school choices for many students.

Degree Applied Mathematics, BS

9. Grand Canyon University

Grand Canyon University offers a BS in math education. Obviously, this program is meant for students who want to become math teachers. That said, it also serves as one of the best online actuarial science programs. The program empowers students to learn all about data, and then it shows them how to communicate that data to future math students. As a result, those who have an interest in both data and teaching can gain a lot from this school.

Grand Canyon University is a Christian school with a reputation for online learning opportunities. As a Christian school, Grand Canyon University encourages students to deepen their faith as they deepen their academic knowledge. This unique school also gets students ready to take the next steps after graduation. The school is quickly growing, and it continues to update its resources in light of the growing demand. As a result, it provides an excellent opportunity to explore education in new and innovative ways. Along with this innovative education, students also become leaders and critical thinkers.

Highlight Grand Canyon University’s tuition rate has remained frozen for 12 years. While other universities have raised their tuition costs over the years, GCU has not. As a result, it’s more affordable than a lot of other universities of its kind.

Degree Math Education, BS

10. Texas A & M University

Texas A&M University offers both a BA and a BS in mathematics. Either way, the mathematics program is designed with versatility in mind. Students in these two programs can explore a wide range of careers, which means that Texas A&M is one of the best online actuary science programs. This program is both challenging and extremely worthwhile for future mathemeticians and actuaries. Students learn from some of the most accomplished faculty members in the teaching world. While Texas A&M certainly is a large university, the mathematics program itself is relatively small. As a result, students get the best of a large university with all of the personalization of a small one.

Texas A&M University is a large, thriving school with many campuses and plenty of resources for learners. This school stands out in areas like math and science, making it an excellent choice for future actuaries and other students you are interested in math. The school is diverse and progressive, but it still values its traditions and history. Being such a large school, it has all of the resources that it needs to lead the way in Innovative methods such as online education. Of course, online programs here are just as rigorous and worthwhile as their on campus siblings because faculty members here are especially skilled in online education. Finally, Texas A&M is arguably one of the most widely recognized universities in the world. As such, its name grabs employers attention when it sits at the top of a resume, and since A&M has an especially strong reputation with the STEM fields, math students can’t go wrong here.

Highlight Texas A&M University offers a high return on investment compared to other schools. It’s ranked as one of the world’s “Best Value Schools.”

Degree B.A. Mathematics, B.S. Mathematics

11. Western Kentucky University

The BS in Mathematical Economics program at Western Kentucky University is one of the best online actuary science programs available for students. Unlike more general math programs, this one offers a pointed focus on data and what to do with that data. Within this program, students are prepared for some of today’s most in-demand data-driven jobs. The program teacher students deep analytical skills, excellent communication, and risk management. Students also have access to innovative technology. The program values not just math itself, but communication skills and job connections. As a result, students go on to thrive, working as actuaries either in the public or the private sector.

Western Kentucky University values practical, hands-on learning experiences. With this approach, students feel uniquely prepared for their job searches and their ability to accomplish career success. Online programs here are no less practical then it’s on campus classes. Online students get dressed as much support, career counseling, and other resources as students who learn primarily on campus. They also get access to the same technology. Overall, the school provides an excellent and effective education for future actuaries and data specialists.

Highlight WKU has the second largest undergrad student population in Kentucky. It’s a high-demand choice for math students and students of other majors.

Degree Mathematical Econonics, BS

12. University of South Carolina – Columbia

The mathematics program at USC Columbia teaches students how to apply numerical values to everyday life situations. Furthermore, it teaches students how to make the best decisions based on those results. Because of these practical studies, these students often move on to successful careers in data. They learn the leadership skills that they need to fove forward in the field. Many of them become actuaries or other data-focued mathemeticians. As a matter of fact, many people count this particular program among the best online actuary science programs. In particular, the actuary science specialization let students dive deeply into data analysis and interpretation. While the program is challenging, its challenges prepare students for highly demanding careers and upward movement. Students work closely with faculty members in the program to choose the best path for the future. As a matter of fact, even online students develop close relationships with faculty members, making the most of valuable advice.

USC has existed for over 200 years. and as a result, the school has a solid educational foundation. However, its far-reaching background has empowered the school to lead the way in research innovation. As a matter of fact, this school thrives in the areas of math and science, and the research that comes from the school has wide-reaching impacts all over the world. This school absolutely makes a difference, so it appeals to students who want to be a part of the big picture. For USC students, this means that they get to take part in something important, and the school’s practical approach to education give students the confidence that they need for their next steps.

Highlight The Carnegie Foundation ranks the University of South Carolina as one of the top schools for research and community engagement.

Degree Mathematics, BS

13. Mercy College

At Mercy College, the mathematics program emphasizes the fact that math is important in every single industry. Virtually every professional needs mathematical expertise at one point or another. As a result, Mercy College students get a flexible math education that allows them to jump into a wide range of Industries. Students take on all kinds of jobs after graduation, but it’s important to note that many of them specifically pursue data. Some consider Mercy College one of the best online actuary science programs because of the flexibility and broad focus that it provides. The program makes use of the latest technologies, making sure students understand the types of tools that they will use during their careers. As a result, students get a superior level of preparation for their upcoming job searches

Mercy College is a challenging university that was founded by The Sisters of Mercy. Deeply rooted in its traditions, Mercy College nevertheless serves traditional and non-traditional students alike. In fact, non-traditional students are supported here far more than they would be at most other schools. The school has a specific mission to serve students that may otherwise find themselves underrepresented in a college environment. For example, Mercy College has an in-depth online program that lets students with families and other responsibilities learn in a flexible and convenient way. In the academic world, online students can sometimes feel like an afterthought. It doesn’t work that way at Mercy College. Here, online students feel just as important as their peers who learn on campus, and they can always access faculty help when they need it. Overall, Mercy College is committed to providing a high-quality education with plenty of support for student success, just as it has always done from the beginning.

Highlight US News and World Report has ranked Mercy College as one of the top colleges for online education.

Degree Mathematics, BS

14. Clarkson University

Clarkson University’s mathematics program teaches students to apply critical thinking skills, both to straightforward and to abstract math concepts. The program prepares students to apply these numerical concepts to real-world situations, making it one of the best online actuarial science programs. Students even learn how to translate those math concepts into ways that non-mathemeticians can understand. For example, students may move on to help insurance agencies determine the likelihood of a flood or another catastrophic weather event. No matter where students go in their careers, though, this program helps them get where they need to go. The math program at Clarkson has small class sizes, which benefits even the online students as they get the one-on-one attention that they need. When students have questions, they always have access to answers. Students who graduate from the program move on to succeed in all kinds of math and statistics careers.

Clarkson is a technical university where students succeed in math, science, business, and similar fields. Because it’s so deeply focused on STEM subjects, it dives headfirst into improving math and science coursework. STEM students get the best instruction and technology possible because college resources aren’t overly divided. Because of Clarkson’s deep focus on math and science programs, it’s consistently recognized as an excellent school for STEM students. Many future college students count this school as one of their top choices. Students here learn what it takes to be forward-thinkers who apply unique solutions to unique problems. They figure out how to view problems from various angles. Furthermore, students here get to tailor their degree pathways to their own ambitions. Few colleges offer as much customization as Clarkson College offers.

Highlight The Brookings Institution ranks Clarkson University as one of the top 10 universities for increasing earnings potential.

Degree Mathematics, BS

15. Midway University

Midway University’s math program comes in an 8-week accelerated course format. This makes Midway one of the best online actuarial science programs for those who want to enter the job market right away. The program is also transfer-friendly, so students may earn their degrees even more quickly than they may have realized. Midway’s math degree emphasizes core mathematical concepts as well as logic, problem solving, research, and data processing.

Midway University began as the Kentucky Female Orphan school, a liberal arts school that taught orphaned young women how to read and use other life skills. Since then, the school has expanded to become Midway University, a coed school that still emphasizes the liberal arts. Students here benefit from a rich history and a well-rounded education. Today, Midway still empowers students by providing them with unique skills, academic challenge, and plenty of support from faculty members.

Highlight US News and World Report ranked Midway #3 in its list of 2019 Top Performers on Social Mobility.

Degree Mathematics, BS

What is an Actuarial Scientist?

So what is an actuarial scientist? To answer what is an actuarial scientist, a person should understand that an actuarial scientist tends to work for either insurance companies or financial institutions. Some actuarial scientists can find work with the government.

This particular job consists of using statistics and data to calculate the risk of certain events and issues. Using the data, the actuarial scientist has the goal of reducing the risk of these events either for the individual or the business.

A person may still wonder what does an actuarial scientist do. To answer the question, a person should understand that an actuarial scientist is looking to benefit the client and the insurance company. To further answer what does an actuarial scientist do, this is the individual who determines rates for insurance premiums and helps design pension packages.

Often, an actuarial scientist has to look at the data trends and determine the likelihood of certain events. For instance, an actuarial scientist who works in healthcare may discover that some occupations are more prone to certain issues than others. The actuarial scientist’s job is to determine how much the company should charge.

What is Actuarial Science?

A person may wonder what is actuarial science. To answer what is actuarial science about, a person should understand that this field entails assessing financial risks in various fields, including insurance and finance. It involves using statistics and mathematics to assess the risk and compare it to the cost of coverage.

For instance, what is actuarial science in life insurance may include looking at mortality rates and looking into the life expectancy of an ailment to determine a suitable cost of a premium,

In terms of what is actuarial science about in health insurance, an actuary is looking at the cost of treatments and testing of a specific disease to give a person a reasonable cost of coverage.

Besides understanding what is actuarial science, a person may want information about actuarial science in terms of degrees. To provide information about actuarial science in degree programs, a person has to take numerous courses in math, statistics, and science. Classes like calculus and probability are often part of the course line-up as well.

Is Actuarial Science a Good Career?

Several factors make an actuaries career a good choice.

One question a person may have is “Is actuarial science a good career in terms of salary?” Fortunately, a person has a high earning potential when looking at most careers as an actuary. According to the Bureau of Labor Statistics (BLS), the average careers as an actuary pay $102,880 per year. This salary is the same as $49.46 per hour.

An actuaries career only requires a bachelor’s degree. Therefore, a person has the potential to earn over $100,000 per year after completing a four-year program. This is higher than the average a person makes without going to graduate school.

Additionally, when a person asks “Is actuarial science a good career,” he or she should understand if the field is in demand and if it will continue to be in demand. So, is an actuary a good career with job growth? According to the BLS, the answer to is actuarial science a good career in terms of landing a potential job, the answer is yes. This is because one of the reasons why is an actuary a good career is its available number of positions. The BLS projects that the number of careers for actuarial science majors will grow by 20 percent from 2018 until 2028. This growth is higher than the average career.

Anywhere that has banks, insurance companies, and other financial institutions may offer careers for actuarial science majors, even if the positions aren’t as an actuary or an actuarial scientist. However, a majority of jobs are in insurance or finances.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

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