Actuarial Science, MS
for the Master of Science in Actuarial Science
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.
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
| Code | Title | Hours |
|---|---|---|
| Two courses chosen from the following: | 8 | |
| Financial Mathematics | ||
| Loss Data Analytics & Credibility | ||
| Risk Modeling and Analysis | ||
| Extreme Value Theory and Catastrophe Modeling | ||
| Life Insurance and Pension Mathematics | ||
| Electives chosen in consultation with the faculty advisors. These electives may include additional courses from the list above. | 24 | |
| Total Hours | 32 | |
Other Requirements
| MATH 405, 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
| Code | Title | Hours |
|---|---|---|
| Two courses chosen from the following: | 8 | |
| Financial Mathematics | ||
| Loss Data Analytics & Credibility | ||
| Risk Modeling and Analysis | ||
| Extreme Value Theory and Catastrophe Modeling | ||
| Life Insurance and Pension Mathematics | ||
| 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 Hours | 32 | |
Other Requirements
| MATH 405, 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 |
for the Master of Science in Actuarial Science
- Acquire the mathematical and statistical foundation needed to assess risks.
- Devise and implement actuarial models for life and nonlife applications.
- Use appropriate software to collect, clean and analyze data relevant to actuarial modeling.
- Communicate technical findings clearly and efficiently.
- Complement the academic credentials with professional designations.
- Be acquainted with the Actuarial Code of professional conduct.
for the Master of Science in Actuarial Science
Graduate Degree Programs in Mathematics
for the Master of Science in Actuarial Science
Actuarial Science and Risk Management
Director: Feng Liang
Program website
ASRM faculty
264 Computing Applications Bldg., MC-382, 605 E Springfield Ave, Champaign, IL 61820
(217) 300-5630
Email: ASRM-advising@illinois.edu
College of Liberal Arts & Sciences
College of Liberal Arts & Sciences website
Admissions
ASRM MS Admissions & Requirements
Graduate College Admissions & Requirements