University of Wisconsin-Madison Actuarial Science
- Acceptance Rate
- 30.0%
- SAT Range
- N/A
- ACT Range
- N/A
- Avg GPA
- 3.78
- Size
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- Type
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- Retention Rate
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- Tuition (In-State)
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- Tuition (Int'l)
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Student Life & Environment
Actuarial students at UW-Madison form a close community through the Actuarial Club, which organizes study groups, industry networking events, career workshops, and social activities. The club helps students navigate the challenging exam process and build relationships with peers and professionals. Guest speakers from industry provide insights into career paths and current issues. The Wisconsin School of Business occupies Grainger Hall, a modern facility offering team rooms, computer labs, and spaces for student organizations. Students have access to Bloomberg terminals and other professional resources. The broader UW-Madison campus provides extensive recreational facilities, cultural events, and hundreds of student organizations. Madison regularly ranks among the best college towns in America, offering the combination of a major research university with a livable, bike-friendly city. The State Street corridor connecting campus to the State Capitol features shops, restaurants, and entertainment. Students enjoy access to lakes, outdoor recreation, and vibrant local culture.
Location & Surroundings
The University of Wisconsin-Madison occupies a stunning lakeside setting on the isthmus between Lake Mendota and Lake Monona. The campus blends historic buildings like Bascom Hall with modern facilities, all surrounded by the natural beauty of the Wisconsin lakes. Students can walk, bike, or take the bus to most locations. Madison is Wisconsin's capital city and a major center for technology, healthcare, and government employment. The city offers excellent restaurants reflecting its farm-to-table culture, active arts and music scenes, and year-round outdoor recreation. The surrounding area features rolling farmland, state parks, and the scenic Driftless Region. The climate features four distinct seasons with cold, snowy winters and warm, humid summers. Winter activities including skiing, ice skating, and hockey are popular, while summer brings sailing, biking, and festivals. Madison's vibrant community maintains activity year-round despite the weather.
Costs & Career Outcomes
Undergraduate tuition for Wisconsin residents is approximately $11,000 annually, while non-residents pay around $40,000. Graduate program costs vary by residency status and program. Living expenses in Madison are moderate, typically $12,000-16,000 annually depending on housing choices. Financial aid includes merit scholarships, need-based grants, and actuarial-specific scholarships funded by industry partners and alumni. Many students receive scholarship support recognizing their academic achievements. Graduate students may receive assistantships providing tuition remission and stipends. Career outcomes are exceptional, with graduates highly recruited by top employers including major insurance companies, consulting firms (Milliman, Towers Watson, Aon), and corporate actuarial departments. Starting salaries for entry-level actuaries typically exceed $70,000, with significant increases as exams are passed and experience grows. The Wisconsin actuarial network and career services provide strong support for internship and job placement.
Campus Location
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