# Applied Mathematics: Actuarial Science, MS

*for the Doctor of Philosophy in Mathematics, Actuarial Science and Risk Analytics Concentration*

**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:** program website link

**department faculty:** department faculty link

**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

Place Highlighted Text about specific program here if required.

### Graduate Degree Programs in Mathematics

Actuarial Science, MS

#### Applied Mathematics, MS

#### optional concentrations:

#### Actuarial Science

#### Computational Science and Engineering

#### Mathematics, MS

#### optional concentration:

#### Computational Science and Engineering

#### Mathematics, PhD

#### optional concentrations:

#### Actuarial Science & Risk Analytics

#### Computational Science and Engineering

*for the Doctor of Philosophy in Mathematics, Actuarial Science and Risk Analytics Concentration*

Students working toward a Ph.D. degree usually require four to six years to complete the requirements. Each student must pass the comprehensive examinations (testing the student's knowledge of basic graduate-level mathematics in algebra, analysis, and other areas) and the preliminary examination (testing the student's ability to begin or continue research in a chosen field). Students must also write and defend a research thesis in their field of mathematics.

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

### Requirements

Code | Title | Hours |
---|---|---|

Students must demonstrate competence in five core courses including the following: ^{1} | ||

MATH 540 | Real Analysis | 4 |

MATH 561 | Theory of Probability I | 4 |

MATH 563 | Risk Modeling and Analysis | 4 |

STAT 510 | Mathematical Statistics I | 4 |

Select one of: | ||

Intro to Algebraic Geometry | ||

Differentiable Manifolds I | ||

Algebraic Topology I | ||

Algebraic Number Theory | ||

Analytic Theory of Numbers I | ||

Complex Variables I | ||

Dynamical Systems I | ||

Partial Differential Equations | ||

Mathematical Logic | ||

Combinatorial Mathematics | ||

Students must also demonstrate proficiency in undergraduate complex analysis, which can be done by a B+ in MATH 448, a B+ in MATH 542, or by passing the exam associated to MATH 542. | ||

Students must demonstrate competence in the following: | ||

MATH 564 | Applied Stochastic Processes | 4 |

STAT 425 | Applied Regression and Design | 3 or 4 |

FIN 591 | Theory of Finance | 4 |

Students must demonstrate competence in two of the following: | 8 | |

ASRM 575 | Life Insurance and Pension Mathematics | 4 |

ASRM 510 | Financial Mathematics | 4 |

ASRM 561 | Loss Data Analytics & Credibility | 4 |

Master's equivalency | 32 | |

MATH 599 | Thesis Research (0 min applied toward degree) | 0 |

Total Hours required for the degree | 96 |

#### Other requirements

Other requirements may overlap. | |

MATH 405, MATH 406, MATH 415, MATH 444, and MATH 499 cannot be counted toward this graduate degree. | |

64 hours in residence | |

Masters Degree Required for Admission to PhD | No |

Comprehensive Exam Required | Yes |

Preliminary Exam Required | Yes |

Final Exam/Dissertation Defense Required | Yes |

Dissertation Deposit Required | Yes |

Minimum GPA | 3.25 |

^{1} | To demonstrate competence, a student must receive a B+ or higher in the course, or pass a written exam on the topic. |