Master of Science in Actuarial Science

The Master of Science (MS) in Actuarial Science gives you the skills to become a successful actuary. You’ll gain a solid academic foundation through specialized courses in actuarial science, statistics, finance, and related fields. You will also benefit from practical exposure to business and economic principles. We offer the opportunity for you to understand the fiscal and ethical dilemmas often encountered in the process of business decision-making.

Students who complete the master’s degree in Actuarial Science will be able to demonstrate:

    • A detailed knowledge of the mathematics and statistics that form the core of actuarial calculations. This knowledge includes topics in probability, financial mathematics and derivatives, life contingencies, and loss modeling, with an emphasis on precision and accuracy.
    • Proficiency in distinguishing and describing, in depth, many actuarial practice areas, and an understanding of the principles that govern the development of insurance products for those areas, including emerging trends.
    • The computer skills required to analyze data using the most current software tools employed by insurance industry leaders.

      Read an article in the New England Journal of Higher Education, “Quants at the Gate: The Unique Education of Actuaries,” by Metropolitan College Dean Jay A. Halfond and Chair of Actuarial Science Lois K. Horwitz.

      Actuarial Science Concentrations

      Students in the MS in Actuarial Science program may select one of two concentrations:

      • Insurance
      • Mathematical Finance


      What does an actuary do, exactly? Find out more about this well-paying profession. Read all about it »

      View all Actuarial Science graduate courses.