Actuarial Science - Master [2 Years]
$30,485 /Yr On-campus full_time

Master of Science [M.S] Actuarial Science

  • 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.

Tution & Application Fees

Year Year 1 Year 2
Tuition Fees $26460 $26460
Health Insurance $2725 $2725
Compulsory Fees $900 $900
International differential fee $400 $400
Total Fees $30485 $30485

Examinations

Exam Type Exam Name Score Out of Score Exam Level
TOEFL Test of English as a Foreign Language 88 120 3
IELTS International English Language Testing System 6.5 9 3
PTE Pearson Test of English 60 90 3
Duolingo Duolingo 105 160 1

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.