Master of Science [M.S] (Actuarial Science)
Field of Study:
$26,460/Yr
- The MS program in actuarial science emphasizes broad awareness and appreciation of current issues faced by insurance industry practitioners as well as innovative resolutions provided by actuaries.
- Students advance their knowledge base by applying mathematical and statistical concepts and data analytics to the disciplines of risk management, finance and insurance.
- It also includes a new focused set of professional learning outcomes aligned with the needs of the ever-evolving insurance industry, while keeping the core technical learning outcomes in place.
- These guide students' development of professional competencies through coursework, independent projects and opportunities outside of the classroom, while remaining firmly based on a strong foundation of scholarly technical work in actuarial science.
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | $26460 (USD 26460) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Housing | $8460 (USD 8460) |
Food | $3348 (USD 3348) |
Transportation | $3180 (USD 3180) |
Personal Expenses | $3628 (USD 3628) |
Health Insurance | $2725 (USD 2725) |
Compulsory Fees | $900 (USD 900) |
International differential fee | $400 (USD 400) |
Total Cost | $22641 (USD 22641) |
Eligibility & Entry Requirement
Academic Eligibility:
- Applicants are eligible to apply to the program if students have earned a bachelor's or master's degree from a regionally accredited institution.
- Applicants must have a minimum cumulative GPA of 3.00 in the last 60 hours of a student's first bachelor's degree program or a minimum cumulative GPA of 3.00 in an applicable master's degree program.
Indian Student Eligibility:
- The minimum requirements are an overall average of 60% in each year, as well as in all prerequisite subjects.
- Subjects must include mathematics, chemistry, and physics in Class 11 and 12.
- GPA of 3.0/4.0 [B Grade].
English Language proficiency:
- Applicants from India, China, Vietnam, Philippines, and Pakistan should note that IELTS is the only proficiency score accepted by the Study Direct Stream (SDS) program.
- Meeting the minimum English requirements does not guarantee admission. Students with higher English proficiency scores will receive priority in the admission assessment process.
- Not all students will qualify for EAP-3106 in place of the required IELTS or TOEFL test scores.
Submission of GRE scores is not compulsory for this program, however, it is recommended to submit a minimum 292 score for a better chance of admission.
Scores Required
Required Document List
All applicants must submit:
- graduate admission application and application fee
- official transcripts
- letter of intent or written statement
- two letters of recommendation
- professional resume
- proof of English proficiency
Course Guides
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Career and Placement after Course
Graduates possess skills that are transferable to any industry and any organization that requires risk modeling and management, including:
- colleges and universities
- consulting firms
- energy, such as utilities, oil and gas
- environment (on issues such as climate change and the financial impact or risk of extreme events)
- financial services, such as banking and investment management
- government agencies such as Social Security, the Department of Labor and Medicare (to manage social programs and to develop regulations and legislation)
- insurance companies
- retirement and pensions
- transportation, such as shipping and air travel
Graduates can also apply the advanced problem-solving skills to a variety of other professional careers, including:
- analysts
- business operations specialists
- consultants
- teachers
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
BrokerFish International student scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Debesh Kamal Scholarship | Scholarship per student$ 1,385/Yr$1,385 | Level Of StudyBachelor | TypeMerit-Based | |
Hani Zeini Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Ritchie-Jennings Memorial Scholarship Program | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Narotam Sekhsaria Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
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