Tuition per credit hour:
Georgia residents: $511
Non-Georgia residents: $1,373
Tuition is subject to change. Refer to the Tuition tab below for additional details.
Students can complete the certificate at their own pace, but we suggest completing the program in two semesters by taking two courses each semester.
Online classes are offered in both synchronous and asynchronous formats. Synchronous courses are typically held in the evenings from 7:15-9:45 p.m. EST, accommodating professionals who can attend class after work from any continental U.S. timezone.
Where can I take classes?
Online
All required classes to earn a certificate can be completed online.
Application Deadlines View Admissions Requirements
Domestic Applicants
We offer various application deadlines to U.S. residents. By applying earlier in the cycle, you will receive priority consideration for a graduate assistantship. After the final deadline, applications are accepted on a rolling basis until one week before class starts.
International Applicants
International applicants who need a student visa must apply by an earlier, hard deadline.
Bailey Rundle, program recruiter
[email protected]
Attend virtual office hours with one of our recruiters to get your questions answered.
The Graduate Certificate in Actuarial Science will prepare you to transition into the actuarial science field. Talent in this arena is in extremely high demand. By taking just four courses, you will get ready for the P (Probability) and FM (Financial Mathematics) exams needed to become a credentialed actuary while building relevant insurance, statistics, and coding knowledge.
You can take your certificate even further, if you decide. Credits from your courses can be applied toward our Master of Actuarial Science program, upon admission. You can dip your toe in now, and dive all in later—whatever makes sense, considering your unique situation and goals.
The department is designated as a Global Center for Insurance Excellence by the International Insurance Society.
Application Requirements
Learn more about the application process and what you will need to apply.
*This certificate program does not qualify for the I-20/F-1 visa. However, it can be completed online with class times in EST.
Mathematics: Students must have completed three semesters of advanced calculus. Students who enter the program without sufficient background in probability and/or financial mathematics should take AS 8140 and/or AS 8230 among their actuarial electives.
Statistics: Students have completed two semesters of undergraduate mathematical statistics.
AS 8140 – Probability
This course covers univariate probability distributions, including the binomial, negative binomial, geometric, hypergeometric, Poisson, uniform, exponential, gamma, and normal; multivariate joint distributions; conditional and marginal distributions; moments and generating functions; transformations of random variables; order statistics; and the central limit theorem.
AS 8230 – Financial Mathematics
This course covers topics including measure of interest, accumulation and discount, force of interest, equations of value, annuities, perpetuities, loan amortization, yield rate, bonds and securities, duration and convexity, immunizations, determinants of interest rates, the term structure, and interest rate swaps.
ECON 8740 – Applied Statistics and Econometrics
This course develops basic knowledge of applied statistics and applied econometrics with particular emphasis on the relationship between economic variables. The first part of the course reviews statistical measures, random variables, and probability distributions. It will examine the role of a random sample and estimation and testing of parameters. The second part will introduce estimation approaches such as simple ordinary least squares and then multiple regression. These techniques will be applied to real data for the purpose of policy analysis in areas as diverse as health, labor markets, finance, development, and taxation.
MSA 8010 – Data Programming for Analytics
This course builds upon the student’s foundation of programming principles through the introduction of application programming for data analysis. Major areas covered include inheritance and polymorphism, common programming data structures, and file and database access. Students will implement data analysis applications, which will be evaluated according to advanced programming principles. The programming language will be noted in the course listing for each semester.
RMI 8400 – InsurTech: New Technologies in Insurance Markets
This course will explore how technology is changing the pricing, processes, and products in insurance markets. Participants will use lectures, case discussions, guest speakers, and student presentations to learn about areas in which technology is transforming insurance markets.
AS 8510 – Mathematical Finance for Actuaries
This course covers the mathematical finance portion of the Society of Actuaries’ curriculum that corresponds to SOA Exam IFM. Topics include risk-weighted returns, the Capital Asset Pricing Model and factor models, discrete and continuous-time pricing of financial derivatives including the binomial model and the Black-Scholes formula, and delta-gamma hedging. The course focuses on actuarial and insurance applications and on computational questions similar to those in Exam IFM.
Tuition per credit hour:
Georgia residents: $511
Non-Georgia residents: $1,373
A typical course load comprises two classes taken over the course of two semesters. Below are the estimated tuition and fees for that schedule:
Georgia residents: $7,452
Non-Georgia residents: $17,796
Tuition is subject to change.
Contact Graduate Student Financial Services
We are here to help you understand the cost of your program (including the financial aid cost of attendance (https://sfs.gsu.edu/resources/coa/)), the payment schedule and financing opportunities.
The Graduate Certificate in Actuarial Science prepares quantitatively oriented students for the P (Probability) and FM (Financial Mathematics) exams needed to become credentialed actuaries. Students also will build relevant insurance, statistics, and coding knowledge.
Program Director, Master of Actuarial Science; Clinical Assistant Professor; Fellow, Society of Actuaries
Attend virtual office hours with one of our recruiters to get your questions answered.
Bailey Rundle, program recruiter
[email protected]
Stefanos Orfanos, program director
[email protected]
35 Broad St NW
Atlanta, GA 30303
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