Masters Degree in Actuarial Science
The Master of Science in Actuarial Science (AS) Program at the University of Texas at Dallas is administered through the Department of Mathematical Sciences. The objective of the program is to educate future leaders of the actuarial industry with training in actuarial theory and methods in a wide spectrum of actuarial applications involving probabilistic and statistical models. All students will be prepared to take five actuarial preliminary exams and will take two advanced actuarial classes to prepare for professional accreditation. Furthermore, students who did not take classes required for VEE (Validation of Educational Experience) credits in applied statistics, corporate finance, and economics will have such opportunity. With this combined knowledge of mathematics – particularly of probability, statistics, and decision theory – together with knowledge of financial mathematics and insurance, the expected passing of five actuarial exams, and the three required VEE credits, graduates of the program will be able to work as actuaries in insurance, consulting, finance, government, and emerging markets.
The minimal total required number of classes for graduation is 36 SCH. Among them, 27 SCH of required courses and 9 of elective.
International Student Requirements:
Applicants educated at non-U.S. institutions should note that their educational background will be assessed for equivalency with a U. T. Dallas degree as described above. Applicants whose primary language is not English and who graduated from a non-U.S. university where the language of instruction and examination was not English, must demonstrate facility in English using one of the following methods:
Test of English as a Foreign Language (TOEFL)
International English Language Testing System (IELTS)
Pearson Test of English (PTE Academic)
Successful completion ELS level 112
This requirement should be met at the time the admission application is submitted.
Facts & Figures
Financial Aid: Yes
International Financial Aid: Yes
# of Credits Required: 36 credit hours
Average Cost per Credit (Graduate): 710 USD
In State Tuition (per year): 13000 USD
Out State Tuition (per year): 23000 USD
Classification: Doctoral/Research University—Intensive
Locale: Small City
Size & Settings: 10,000-19,999