Actuarial Science MS

Master of Science in Actuarial Science

Prepare for a career analyzing and evaluating financial risk with the Master of Science in Actuarial Science in the at 51动漫. Build competency around statistical analysis and financial theory with this master鈥檚 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聽organizations including

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

This graduate program is聽housed in the Department of Risk, Actuarial Science and Legal Studies which is designated as both a 聽and a . We participate in the 聽allowing you to earn credit for all eligible actuarial exams directly through your coursework. State-of-the-art curriculum combining technical skills and industry knowledge聽introduces and explores the full breadth of core actuarial concepts, including

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

Courses taught by dedicated full-time and research-active faculty with actuarial credentials who聽maintain close relationships with leaders in Philadelphia鈥檚 robust insurance and actuarial communities. Weekly campus visits from these professionals present invaluable networking and career development opportunities for master鈥檚 students, often leading to internships or full-time work.

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Careers

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. .

Discover career and internship opportunities for Fox Actuarial Science聽MS students.

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Who should apply?

Current and prospective 51动漫 students most qualified to pursue a Master of Science in Actuarial Science聽typically hold a bachelor鈥檚 degree in the following areas.

Economics
Engineering
English
Finance
Mathematics
Natural sciences
Risk management and insurance
Statistical science and data analysis

A strong mathematics background (including聽calculus and probability) is essential for academic success in this program. Other skills and knowledge that can provide value聽for an actuarial career include

business acumen,
communication and聽interpersonal skills,
industry knowledge and
statistics.

Classes & Curriculum

The Master of Science in Actuarial Science聽is a 30-credit program that can be completed in three to four semesters of full-time studies or on a part-time basis. Classes take place at 51动漫's Main Campus, providing students access to the聽benefits of city life and connections to leading organizations. Courses offered in this program may include the following.

Actuarial Analytics
Long-term and Short-term Actuarial Modeling
Managing Human Capital Risk
Managing Property and Liability Risk
Theory of Interest

Learn more about Actuarial Science聽MS courses.

Related Graduate Degrees

Tuition & Fees

In keeping with 51动漫鈥檚 commitment to access and affordability, this Master of Science聽offers a competitive level of tuition with multiple opportunities for financial support.

Tuition rates are set annually by the university and are affected by multiple factors, including program degree level (undergraduate or graduate), course load (full- or part-time), in-state or out-of-state residency, and more. These tuition costs apply to the 2024鈥�2025 academic year.

Pennsylvania resident: $1,165.00 per credit
Out-of-state: $1,165.00 per credit

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Student Clubs & Organizations

Joining student clubs and organizations is a great way to meet like-minded students; connect with local, national and international businesses; and enhance the skills you use in your professional career. The Fox School of Business offers more than 30 student professional organizations. Enhance your academic experience by participating in a club related to your聽interests.

The following clubs and organizations are available to students in the Fox School of Business.

is an award-winning professional student organization that聽seeks to encourage, establish and enhance the professionalism of students in the actuarial science program.
The Fox Graduate Student Association connects students and alumni with the greater Fox community, providing professional development, networking and volunteer opportunities for graduate students.
The mission of is to grow and strengthen a network of leaders who use the power of business to make a positive economic, environmental and social impact. It brings together students seeking to network and to use the power of business to create a better world.
The brings together students from all over the world to learn about foreign business and the global economy, and offers an array of professional development opportunities.
Toastmasters, or the organization, invites students to practice their communication, presentation and leadership skills in a supportive and positive environment.
Those with dreams of starting their own business may be interested in the , which aims to support, inspire and encourage students to pursue their entrepreneurial goals. The association is open to students of all majors.

Accreditation

BU-AS-MS

51动漫

51动漫