Actuarial Science, MS

for the Master of Science in Actuarial Science


department chair: Jeremy Tyson

director of graduate studies: Lee DeVille


overview of admissions & requirements:

overview of grad college admissions & requirements: https://grad.illinois.edu/admissions/apply


department website: http://www.math.illinois.edu

program website: https://math.illinois.edu/admissions/graduate-program-mathematics-admissions#MS-ActSci

department faculty: https://math.illinois.edu/research/faculty-research/actuarial-science


college website: https://las.illinois.edu/


department office: 273 Altgeld Hall, 1409 West Green Street, Urbana, IL 61801

phone: (217) 333-5749

email: math-grad@illinois.edu


The Master of Science in Actuarial Science prepares students with quantitative undergraduate degrees for actuarial professional careers. The program offers a unique blend of coursework for both professional training and advanced techniques and opportunities for experiential learning.


Graduate Degree Programs in Mathematics

Actuarial Science, MS

Applied Mathematics, MS

Mathematics, MS

Mathematics, PhD

optional concentrations:

Actuarial Science & Risk Analytics

Computational Science and Engineering

Teaching of Mathematics, MS


for the Master of Science in Actuarial Science


 For additional details and requirements refer to the department's Guide to Graduate Studies and the Graduate College Handbook.

Non-Thesis Option

Two courses chosen from the following:8
Financial Mathematics
Loss Data Analytics & Credibility
Extreme Value Theory and Catastrophe Modeling
Life Insurance and Pension Mathematics
Risk Modeling and Analysis
Electives chosen in consultation with the faculty advisors. These electives may include additional courses from the list above.24
Total Hours32

Other Requirements

MATH 405, MATH 406, MATH 415, MATH 444, and MATH 499 cannot be counted toward this graduate degree.
Minimum hours required within ASRM: 20
Minimum GPA: 3.0
Minimum 500-level hours required overall: 12

Thesis Option

Two courses chosen from the following:8
Financial Mathematics
Loss Data Analytics & Credibility
Extreme Value Theory and Catastrophe Modeling
Life Insurance and Pension Mathematics
Risk Modeling and Analysis
Electives chosen in consultation with the faculty advisors. These electives may include additional courses from the list above.20
Thesis Research (min/max applied toward degree)4
Total Hours32

Other Requirements

MATH 405, MATH 406, MATH 415, MATH 444, and MATH 499 cannot be counted toward this graduate degree.
Minimum hours required within ASRM: 20
Minimum GPA: 3.0
Minimum 500-level hours required overall: 12