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.
Degree requirements
Financial Mathematics, 3-4 credits
| MATH 651 | Mathematics 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 652 | Long-Term Actuarial Mathematics 1 | 4 |
| MATH 653 | Long-Term Actuarial Mathematics 2 | 4 |
Probability, 3-4 credits
| MATH 620 | Probability and Random Variables | 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.)
3-8 credits from
| MATH 559 | Investment and Financial Markets | 4 |
| MATH 624 | Introduction to Statistical Learning | 3 |
| MATH 627 | Generalized Linear Models with Applications | 3 |
| MATH 628 | Computational Methods in Statistics | 3 |
| MATH 629 | Introductory Survival Analysis | 3 |
| MATH 654 | Short-Term Actuarial Mathematics 2 | 3 |
| MATH 655 | Topics in Actuarial Science | 1 TO 4 |
| MATH 656 | Bayesian Methods and Linear Mixed Models | 4 |
| 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 659 | Research Seminar in Actuarial Science | 3 |
| THES 698 | Thesis | 1 TO 6 |
| Total Credits: | 3-6 |
Total Credits: 30-33