2018-2019 Graduate Catalog

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.

Admission requirements

Applicants must meet the regular admission requirements of the Graduate School. It is also expected that students will have had three semesters of calculus, a course in linear algebra, at least one semester of probability and one semester of statistics.

Degree requirements

Financial Mathematics, 3-4 credits

MATH 551Mathematics of Finance

4

Total Credits:3-4

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

MATH 552Life Contingencies 1

4

MATH 553Life Contingencies 2

4

Probability, 3-4 credits

MATH 620Probability and Random Vars

4

Total Credits:3-4

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

MATH 557Actuarial Models 1

4

MATH 559Models in Financial Economics

3

MATH 692Actuarial Science Exit Survey

0

3-8 credits from

FIN 500Corporation Finance

3

MATH 528Regression Time Series Models

3

MATH 554Mathematics of Investments

3

MATH 558Actuarial Models 2

3

MATH 621Theory of Statistics

4

MATH 624Intro to Statistical Learning

3

MATH 626Stochastic Processes

3

MATH 627General Linear Model Applicat

3

MATH 628Comput Methods in Statistics

3

MATH 655Topics in Actuarial Science

1 TO 4

MATH 658Risk Theory

3

RMI 570Risk Management and Insurance

3

Total Credits:3-8

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

MATH 659Research in Actuarial Science

3

THES 698Thesis

1 TO 6

Total Credits:3-6

Total Credits: 30-33