Studyportals

Actuarial Science

The University of Iowa

M.Sc. On Campus
24 months
Duration
29026 USD/year
30612 USD/year
11665 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The University of Iowa offers undergraduate majors, an undergraduate minor, and graduate degree programs. The Master degree in Actuarial Science is one of them. 

Overview

The Master of Science program in Actuarial Science, offered by The University of Iowa, requires 36 s.h. of graduate credit. The program prepares students for actuarial careers by emphasizing the theory that underlies risk processes and the application of this theory to practical problems of insurance pricing and management. 

It also helps them learn the material that is tested on professional examinations administered by professional organizations such as the Society of Actuaries and the Casualty Actuarial Society.

Career Development

  • Most actuaries are employed by insurance companies or employee benefits consulting firms. They have responsibilities related to all phases of product development and maintenance for their companies. 
  • Individual employers who need guidance in establishing employee insurance and retirement programs also hire actuarial science graduates. A growing number of actuaries work in asset/liability management, some in investment firms, and others in insurance companies.
  • Actuaries have always been in high demand and earn good salaries. Most Iowa graduates find work as actuaries, but some become financial managers and teachers. They take positions in locations all across the country, often in large metropolitan areas.

Programme Structure

Courses include: 

  • Mathematical Statistics
  • Statistical Inference
  • Mathematics of Finance 
  • Quantitative Methods for Actuaries
  • Life Contingencies
  • Topics in Actuarial Science

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Language

English

Credits

36 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
3
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
Required

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
81
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
7

Other requirements

General requirements

  • Submit the online application to the Graduate College and pay the $60 application fee by credit card ($100 for international applicants).
  • Once you have submitted your application, you will receive an email instructing you on how to upload your supporting documents and submit letters of recommendation.
  • Three Letters of Recommendation
  • For international records, all records should bear the original stamp or seal of the institution and the signature of a school official.  Documents not in English must be accompanied by a complete, literal, English translation, certified by the issuing institution.
  • Your official GRE General Test scores.
  • International students may also be required to submit TOEFL, IELTS, or PTE scores.

Tuition Fee

  • International

    29026 USD/year
    Tuition Fee
    Based on the original amount of 29026 USD per year and a duration of 24 months.
  • National

    30612 USD/year
    Tuition Fee
    Based on the original amount of 30612 USD per year and a duration of 24 months.
  • In-State

    11665 USD/year
    Tuition Fee
    Based on the original amount of 11665 USD per year and a duration of 24 months.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Due for update

Updated over a year ago

Check the official programme website for potential updates.

Actuarial Science
-
The University of Iowa

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