The Master of Actuarial Science program comprises 30 credit hours.
Foundation Requirements
These courses are in addition to the 30 hours required for the MAS degree or in addition to the 48 hours required for the dual degree programs. They are assigned as part of the admissions process based on a review of each student’s transcripts.
Mathematics: Students must have completed three semesters of advanced calculus. (Online courses such as Coursera are acceptable.) 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.
Note: If you are interested in the in-person version of this program, please apply for fall or spring. If you are interested in the online version of this program, please apply for fall, spring or summer.
Sample Curriculum (In-person)
Fall 1
MSA 8010 - Data Programming for Analytics
AS 8340 - Life Contingencies
AS 8350 - Insurance Mathematics or RMI 8070 - Insurance Institution and Operations
ECON 8740 - Applied Statistics and Econometrics
Elective (See elective suggestions below.)
Spring 1
AS 8350 - Insurance Mathematics or RMI 8070 - Insurance Institution and Operations
AS 8360 - Insurance Ratemaking
RMI 8300 - Predictive Risk Modeling
Elective (See elective suggestions below.)
Elective (See elective suggestions below.)
Fall 2
Elective (See elective suggestions below.)
Elective Suggestions
RMI 8070 - Insurance Institutions and Operations (If AS 8350 is taken)
RMI 8370 - Financial Risk Management
RMI 8400 - InsurTech
RMI 8450 - Machine Learning in Actuarial Science
AS 8140 - Probability
AS 8230 - Financial Mathematics
AS 8350 - Insurance Mathematics (If RMI 8070 is taken)
AS 8370 - Health Insurance and Risk Management
AS 8430 - Loss Distribution and Credibility Theory
AS 8510 - Mathematical Finance for Actuaries
QRAM 8600 - Theory of Risk Sharing
QRAM 8610 - Financial Engineering
Dual Degrees
Dual degrees require just one additional semester. View the dual degree curriculum requirements.
Note: While the Master of Actuarial Science program can be completed online, courses for the dual degree must be taken in person.
Sample Curriculum (Online)
Fall 1
AS 8140 - Probability
ECON 8740 - Applied Statistics and Econometrics
Spring 1
AS 8230 - Financial Mathematics
RMI 8400 - InsurTech
Summer 1
RMI 8300 - Predictive Risk Modeling
MSA 8010 - Data Programming for Analytics
Fall 2
AS 8340 - Life Contingencies
AS 8360 - Insurance Ratemaking
Spring 2
AS 8350 - Insurance Mathematics
AS 8510 - Mathematical Finance for Actuaries
View the catalog for details and course descriptions.