Online Actuarial Science & Financial Engineering Programs & Schools
What is Online Actuarial Science & Financial Engineering Programs?
Are you hoping to become an actuary or financial engineer? Consider either an online actuarial science graduate program or online financial engineering programs. Actuarial Science and Financial Engineering are two mathematical fields that use statistics, economic theory, and other principles to assess risk or solve problems. Actuaries usually work in fields like insurance, while financial engineers work in – you guessed it – finance. But these two roles may share similar knowledge areas.
Schools with Online Actuarial Science & Financial Engineering Graduate Programs
Online financial engineering or actuary schools could allow students the flexibility of completing coursework during the times that work best for them, such as on the weekends. That means being able to balance your job with your studies and create a class schedule that works around you. Online learning could also be a good choice for students who don’t live near an actuarial science graduate school and are unable to relocate. Because actuarial science graduate programs and financial engineering programs are math-intensive and involve a lot of independent work, online learning is often a good format for studying either of these fields.
What is Online Actuarial Science & Financial Engineering Programs?
A Master in Actuarial and Financial Engineering typically includes the concepts of insurance, quantitative risk management, and principles of modeling assets and liabilities on a grand picture.
How long does it take to complete an actuarial science and financial engineering graduate degree?
A master’s degree in this area typically takes 2 years to complete. It may take longer for those who have a bachelor’s degree in an unrelated field. There may be accelerated programs available to speed up that process to under 18 months.Finding Online Financial Engineering Programs
You can find online financial engineering or actuarial science schools by performing searches like Online Graduate Certificate in Actuarial Science or Online Masters in Financial Engineering. Not every graduate program is available for online learners, but you may be surprised at the number of options you have available to you to start on your new career path!
State | Employment | Annual Mean Wage |
---|---|---|
New York | 2,580 | $124,710 |
Pennsylvania | 1,450 | $107,770 |
Illinois | 1,320 | $101,480 |
California | 1,200 | $110,130 |
Ohio | 1,190 | $94,070 |
Metro Area | Annual Mean Salary | Employment |
---|---|---|
San Francisco-Oakland-Hayward, CA | $134,220 | 350 |
New York-Newark-Jersey City, NY-NJ-PA | $122,120 | 2,400 |
Albany-Schenectady-Troy, NY | $121,780 | 160 |
Charlotte-Concord-Gastonia, NC-SC | $118,050 | 190 |
Bridgeport-Stamford-Norwalk, CT | $115,200 | 250 |
DID YOU KNOW? According to the Bureau of Labor Statistics, Actuaries typically work on teams that often include managers and professionals in other fields, such as accounting, underwriting, and finance.

GradSchools.com offers 3 Graduate Schools in Online Actuarial Science & Financial Engineering Graduate Programs
University of Michigan - Dearborn
University of Illinois at Urbana-Champaign
Florida State University