Gain the analytical skills necessary to become an actuary with one of the country’s most distinguished programs in actuarial science. Designated as a Center of Actuarial Excellence by the Society of Actuaries, the Fox Master of Science in Actuarial Science will prepare you for your professional actuarial examinations with courses approved by the Casualty Actuarial Society and the Society of Actuaries.

Admissions Criteria

Candidates for the Fox Actuarial Science 4+1 program must meet the following guidelines for admission:

  • Meet the general 4+1 program admissions criteria.
  • Complete three calculus courses with a minimum B- grade in each course.
  • Complete a probability course covering discrete & continuous probability distributions with a minimum B- grade.
  • Coursework in microeconomics and macroeconomics with a minimum B- grade is preferred but not mandatory; candidates without this background will follow a curriculum path that includes AS 5105: Actuarial Economics in the spring semester of their junior year.

Curriculum

Courses to Be Completed as an Undergraduate* (12 credits)

Undergraduate YearFall SemesterSpring Semester
JuniorAS 5101: Theory of Interest (3 credits)AS 5106: Actuarial Corporate Finance (3 credits)*
SeniorRMI 5104: Property and Liability Insurance (3 credits)RMI 5101: Life & Health Insurance and Employee Benefits (3 credits)

*Students without B- grades or better in microeconomics and/or macroeconomics will follow the below curriculum path:

Undergraduate YearFall SemesterSpring Semester
JuniorAS 5101: Theory of Interest (3 credits)AS 5105: Actuarial Economics (3 credits)
SeniorAS 5106: Actuarial Corporate Finance (3 credits)RMI 5104: Property and Liability Insurance (3 credits) or
RMI 5101: Life & Health Insurance and Employee Benefits (3 credits)

Remaining Master’s Requirements (18 credits)

Fall SemesterSpring Semester
AS 5102: Actuarial ModelingAS 5103: Actuarial Modeling
AS 5105: Actuarial EconomicsIIAS 5104: Actuarial Modeling III
STAT 8109: Regression, Time Series, and Forecasting for Business ApplicationsAS 5107: Advanced Theory of Interest