MS Actuarial Mathematics and Quantitative Risk at Stevens Institute of Technology

Programme overview

A Master of Science that builds deeper knowledge of actuarial science fundamentals, with a focus on mathematical methods for evaluating, managing and controlling actuarial risk. Offered on campus.

Faculty: Charles V. Schaefer, Jr. School of Engineering and Science | Department: Mathematical Sciences | Study mode: full-time | Location: Hoboken, NJ, United States

What you will study

Six core courses and four electives cover insurance strategies and their financial instruments, with a background in probability and statistics. Students learn R, SAS and MatLab, and AI-related electives are part of the graduate curriculum.

Career pathways

Actuarial Analyst, Actuarial Associate, Actuarial Manager, Actuary and Risk Consultant; graduates have been hired at AIG, GEICO, TIAA, Progressive Casualty Insurance Company, Liberty Mutual and Sun Life Financial.

Official programme page

Application information

Entry requirements

Transcripts from all post-secondary institutions attended; Two letters of recommendation (academic or professional only); Statement of Purpose; Proof of English language proficiency; GRE/GMAT test score(s) -- (Optional); applicants who believe their GRE/GMAT scores demonstrate potential for success in graduate program may elect to submit those scores.

Tuition is charged per credit, so the total depends on the modules you register for each year. Current fees are listed in the official fee schedule.

Graduate entry terms: Fall, Spring and Summer; the Summer term is open to domestic applicants only.

Preferred deadlines: Fall full-time master's April 15, Fall part-time master's August 15; Spring full-time master's November 1, Spring part-time master's January 1; Summer (domestic applicants only) May 1. Programmes admit on a rolling basis, so students may apply after the preferred deadlines.

Graduate applications are submitted through the online application, with a non-refundable $60 application fee paid in the application. GRE/GMAT scores are not required for Master of Science, Master of Engineering and MBA programmes but may be submitted.

Apply through the official page: https://www.stevens.edu/admission-aid/graduate-admissions/apply-grad/apply-to-a-grad-program

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