Tuition per credit hour
Georgia residents: $511
Non-Georgia residents: $1,373
Out-of-Country residents: $1,400
Tuition is subject to change. Learn more under the tuition tab below.
A dual degree in Quantitative Risk Analysis & Management or Analytics requires just one additional semester. Learn about our dual degree options.
Where can I take classes?
Atlanta Campus, Buckhead Center (3348 Peachtree Rd. NE), Online
The program can be completed in-person as well as online. Use the comparison chart to determine which format is right for you.
Note: While the Master of Actuarial Science program can be completed online, courses for the dual degree must be taken in person.
Is the program STEM-designated?
Yes. Read more about STEM designations.
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.
Stefanos Orfanos,
program director
[email protected]
404-413-7485
Attend virtual office hours with one of our recruiters to get your questions answered.
Georgia State's Master of Actuarial Science offers a STEM-designated curriculum covering advanced topics including InsurTech, actuarial analytics, and machine learning. Students complete real-world, hands-on “sprint” projects, and emerge prepared to take the actuarial exams administered by the Society of Actuaries. The program covers coding and statistical methods as well as key actuarial topics. Students can complete the degree in person (in Atlanta) or fully online, and can study full-time or part-time after work. The program is geared toward students with quantitative backgrounds, both with and without prior actuarial training.
Program Comparison: In-person Vs. Online Vs. Certificate
| In-Person | Online | Certificate | |
| Modality | |||
| Modality | 70%+ in-person | 100% online | Online or hybrid |
| Required credit hours | |||
| Required credit hours | 30 | 30 | 12 |
| Format | |||
| Format | Full- or part-time | Part-time | Part-time |
| Target Audience | |||
| Target audience | Full-time students with or without actuarial experience. | Working professionals with strong quantitative skills looking to transition into the actuarial field. No actuarial background required. | Working professionals with strong quantitative skills looking to transition into the actuarial field. No actuarial background required. |
| Cost per credit hour | |||
| Cost per credit hour | Georgia residents: $499 Non-Georgia residents: $1,308 |
Georgia residents: $499 Non-Georgia residents: $1,308 |
Georgia residents: $499 Non-Georgia residents: $1,308 |
| Start Date | |||
| Start Date | Fall or spring | Fall or spring | Fall or spring |
| Duration | |||
| Duration | 3 semesters (16 months) | 5-6 semesters (21-24 months) | 2-3 semesters (8-12 months) |
| Course Load | |||
| Course Load | 3-4 courses per semester | 1-3 courses per semester | 1-3 courses per semester |
| Class Times | |||
| Class Times | Varies | A combination of asynchronous and evening synchronous courses (7:15-9:45 p.m. EST). | A combination of asynchronous and evening synchronous courses (7:15-9:45 p.m. EST). |
| Signature Features | |||
| Signature Features |
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The M.R. Greenberg School of Risk Science has been recognized for a commitment to preparing future property and casualty actuaries through its educational offerings.
We are the ONLY Center for Actuarial Excellence in the Southeast.
Application Requirements
Learn more about the application process and what you will need to apply.
Note: Please visit the “Curriculum” tab for information on the program pre-requisites.
Georgia State's Master of Actuarial Science program comprises 30 credit hours.
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 single-variable and multivariate calculus.
Statistics: Students must have completed two semesters of undergraduate mathematical statistics.
Fall 1
AS 8230 — Financial Mathematics
AS 8340 - Life Contingencies
ECON 8740 - Applied Statistics and Econometrics
MSA 8010 — Data Programming
Spring 1
AS 8140 — Probability
AS 8360 — Loss Modeling & Ratemaking
RMI 8300 — Predictive Risk Modeling
QRAM 8610 — Financial Engineering, or another risk and financial elective
Fall 2
AS 8370 — Health Insurance & Risk Management, or another actuarial and analytics elective
RMI 8070 — Insurance Institutions & Operations, or another insurance elective
Spring 1
AS 8140 — Probability
AS 8360 — Loss Modeling & Ratemaking
ECON 8740 — Applied Statistics & Econometrics
MSA 8010 — Data Programming
Fall 1
AS 8230 — Financial Mathematics
AS 8340 — Life Contingencies
AS 8430 — Advanced Loss Modeling, or another actuarial and analytics elective
QRAM 8600 — Theory of Risk Sharing, or another risk and financial elective
Spring 2
RMI 8300 — Predictive Risk Modeling
RMI 8400 — InsurTech, or another insurance elective
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
Fall 1
AS 8230 — Financial Mathematics
ECON 8740 — Applied Statistics & Econometrics
Spring 1
AS 8140 — Probability
MSA 8010 — Data Programming
Fall 2
AS 8340 — Life Contingencies
RMI 8300 — Predictive Risk Modeling
Spring 2
AS 8360 — Loss Modeling & Ratemaking
RMI 8400 — InsurTech
Fall 3
AS 8370 — Health Insurance & Risk Management
AS 8430 — Advanced Loss Modeling
Dual degrees require just one additional semester. View the dual degree curriculum requirements.
Note: While Georgia State's Master of Actuarial Science program can be completed online, courses for the dual degree must be taken in person.
View the catalog for details and course descriptions.
Tuition per credit hour
Georgia residents: $511
Non-Georgia residents: $1,373
Out-of-Country residents: $1,400
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.
[email protected]
404-413-7086
Robinson Scholarships
Robinson offers several scholarships through the Office of the Dean as well as the individual academic departments.
Search Georgia State’s Database
Georgia State offers a robust searchable database containing scholarships offered through the university as well as external websites.
Graduate research assistantships are available to offset program costs.
You will be paired with a Graduate Student Experience professional who stays on top of the extracurricular programming that will enhance your academic journey and propel your career. Activities include boot camps on topics that are relevant to your field, professional workshops, networking events, recruiting fairs, and meet-and-greets intended to create camaraderie with your peers.
View a sample schedule of Graduate Student Experience events
Learn More about the Graduate Student Experience Team
Note: Some Graduate Student Experience activities can only be provided to in-person students.
The Actuarial and Risk Management Association (ARMA) serves all risk management and insurance as well as actuarial science students at Robinson. The association’s primary programming includes but is not limited to employer information sessions, networking events, social events, and recruitment fairs.
The association hosts an annual recruitment fair in partnership with the M.R. Greenberg School of Risk Science and Robinson's Career Advancement Center . Other community-building endeavors include study groups for actuarial exams, volunteer activities, and scholarship activities.
The mission of Georgia State's Master of Actuarial Science program is to educate students in the theory and practice of actuarial science through a specialized program of study. The program is designed to teach students both the core actuarial theory and the latest developments in actuarial practice.
To accomplish the educational goals of this program, we employ a variety of learning tools and resources, including case studies and projects with realistic data sets. Students are encouraged to use AI tools as research assistants and tutors to enhance their learning. Generative AI is also incorporated in course assignments throughout the curriculum to increase productivity and upskilling.
Our 2023 graduates reported a 46% average salary increase, enabling them to pay back their investment in graduate school within 1.4 years.
Program Director, Master of Actuarial Science; Clinical Assistant Professor; Fellow, Society of Actuaries
Professor; Fellow, Institute of Mathematical Statistics; Fellow, American Statistical Association
R. Means Davis Professor of Risk Management and Insurance; Executive Director, S.S. Huebner Foundation for Insurance Education
Dave Dillon, Prominent Health Actuary and Georgia State University Instructor, Named 2024-2025 President-Elect of the Society of Actuaries
Master’s Program Helps Health Insurance Actuary See Real-Life Impact of Numbers
Master of Actuarial Science Alum Wants to Push Himself, and Others, ForwardAttend virtual office hours with one of our recruiters to get your questions answered.
Stefanos Orfanos,
program director
[email protected]
Graduate Admissions
[email protected]
35 Broad St NW
Atlanta, GA 30303
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