Overview
Key facts
The Actuarial Science MSc program offered at Arizona State University also includes a new focused set of professional learning outcomes aligned with the needs of the ever-evolving insurance industry, while keeping the core technical learning outcomes in place. These guide students' development of professional competencies through coursework, independent projects and opportunities outside of the classroom, while remaining firmly based on a strong foundation of scholarly technical work in actuarial science.
Career Opportunities
Risk is a part of daily life and wherever there is risk, there are opportunities for actuarial intervention. Many actuaries work with insurance companies to calculate premiums, determine reserves needed to ensure an organization's financial health and to ensure organizations conform to stringent, complex legal mandates. Others help companies to establish retirement plans or are employed as consultants.
Graduates possess skills that are transferable to any industry and any organization that requires risk modeling and management, including:
- colleges and universities
- consulting firms
- energy, such as utilities, oil and gas
- environment (on issues such as climate change and the financial impact or risk of extreme events)
- financial services, such as banking and investment management
- government agencies such as Social Security, the Department of Labor and Medicare (to manage social programs and to develop regulations and legislation)
- insurance companies
- retirement and pensions
- transportation, such as shipping and air travel
Programme Structure
Courses include:
- Advanced Models for Enterprise Risk Management
- Mathematics of Finance
- Probability for Risk Management
- Rate Making and Reserving
- Mathematics for Financial Derivatives
- Statistics for Risk Modeling
- Long Term Actuarial Mathematics
- Advanced Mathematics and Financial Derivatives
- Portfolio Theory and Risk Management
- Regulation and Financial Reporting
Key information
Duration
- Full-time
- 12 months
Start dates & application deadlines
- Starting
- Apply before
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- Starting
- Apply before
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Language
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Credits
Delivered
Campus Location
- Tempe, United States
Disciplines
Actuarial Science View 84 other Masters in Actuarial Science in United StatesWhat students do after studying
Academic requirements
English requirements
Prepare for Your English Test
AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
- Applicants are eligible to apply to the program if they have earned a bachelor's degree (or equivalent) or master's degree from a regionally accredited college or university in a related field such as mathematics, statistics, business, economics and predictive analytics.
- Applicants must have a minimum of a 3.00 cumulative GPA.
All applicants must submit:
- graduate admission application and application fee
- official transcripts
- letter of intent or written statement
- GRE scores
- two letters of recommendation
- professional resume
- proof of English proficiency
Tuition Fees
-
International Applies to you
Applies to youNon-residents30348 USD / year≈ 30348 USD / year - Out-of-State27810 USD / year≈ 27810 USD / year
-
Domestic
Applies to youIn-State12940 USD / year≈ 12940 USD / year
Living costs
Tempe
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Financing
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- Accepted at 500+ universities across the U.S. & Canada
- 100% online application -- instant conditional offer
- Free visa & career support through our Path2Success program
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Actuarial Science.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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