12 months
Duration
1276 USD/credit 38280 USD/year
1276 USD/credit 38280 USD/year
1142 USD/credit 34260 USD/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

Prepare for a career analyzing and evaluating financial risk with the Master of Science in Actuarial Science in the Fox School of Business at Temple University. 

Overview

Build competency around statistical analysis and financial theory with this master’s degree program, acquiring the knowledge to pass the many professional exams needed to become a credentialed associate or fellow. Develop the business acumen and the quantitative and qualitative skills to elevate your candidacy for positions at organizations including:

  • consulting firms,
  • government regulatory organizations,
  • insurance companies and
  • investment banks.

The Actuarial Science Master's program at Temple University is housed in the Department of Risk, Insurance, and Healthcare Management, which is designated as both a Center of Actuarial Excellence and a Global Center of Insurance Excellence. The program introduces and explores the full breadth of core actuarial concepts, including:

  • valuation of certain and probabilistic cash flows (including life contingencies, financial derivatives and loss models);
  • actuarial modeling techniques;
  • insurance pricing and reserving (for both life/health/benefits and P&C insurance);
  • data analytics and predictive modeling;
  • business acumen, such as corporate finance, economics and accounting; and
  • enterprise risk management.

Future Career

Using complex statistical analysis, actuaries measure potential financial risks for an array of organizations, including health insurance, life insurance and property insurance companies. After determining the probability of undesirable events such as financial risk, actuaries recommend methods of avoiding or reducing the impact of those events. The actuarial arm of a company is essential to organizational growth and sustainability in any dynamic industry.

Programme Structure

Courses include:

  • Theory of Interest
  • Actuarial Modeling 
  • Advanced Theory of Interest
  • Actuarial Analytics
  • Managing Human Capital
  • Casualty Contingencies
  • Corporate Finance for Actuarial Science

Key information

Duration

  • Full-time
    • 12 months
  • Part-time
    • 72 months

Start dates & application deadlines

Credits

30 alternative credits

Delivered

On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

Other requirements

General requirements

  • Research your graduate degree program
  • Complete online application
  • Letters of Reference: 2
  • Statement of Goals: Essay prompts can be found in the online application portal. 
  • Standardized Test Scores
  • Resume: Current resume or CV is required.
  • Bachelor's Degree in Discipline/Related Discipline: A baccalaureate degree is required.

Tuition Fee

To alway see correct tuition fees
  • International

    38280 USD/year
    Tuition Fee
    Based on the tuition of 1276 USD per credit during 12 months.
  • National

    38280 USD/year
    Tuition Fee
    Based on the tuition of 1276 USD per credit during 12 months.
  • In-State

    34260 USD/year
    Tuition Fee
    Based on the tuition of 1142 USD per credit during 12 months.

Living costs for Philadelphia

1313 - 2284 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

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.

Our partners

Actuarial Science
-
Temple University

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