Actuarial Science

Master of Arts in Actuarial Science

30-33 credits

The master’s program in actuarial science provides training for careers that involve analyzing and solving financial, business, and social problems related to economic risk. The program includes course work that prepares students for the professional examinations given by the Society of Actuaries and the Casualty Actuarial Society. Students taking THES 698 are expected to make an oral presentation on their thesis topic, at the discretion of the committee.

Degree requirements

Financial Mathematics, 3-4 credits

• Mathematics of Finance

(Program advisor will approve 3-4 credit substitution in financial mathematics for students who have passed Exam FM.)

• Long-Term Actuarial Mathematics 1
• Long-Term Actuarial Mathematics 2

Probability, 3-4 credits

• Probability and Random Variables

(Program advisor will approve 600-level 3-4 credit substitution in probability/statistics for students who have passed Exam P.)

• Short-Term Actuarial Mathematics 1
• Theory of Statistics
• Actuarial Science Exit Survey

3-8 credits from

• Investment and Financial Markets
• Introduction to Statistical Learning
• Generalized Linear Models with Applications
• Computational Methods in Statistics
• Introductory Survival Analysis
• Short-Term Actuarial Mathematics 2
• Topics in Actuarial Science
• Bayesian Methods and Linear Mixed Models

More credits from this list will be required if courses are waived due to undergraduate or actuarial exam credit.

• Research component, 3-6 credits from
• Thesis