Open to students with a variety of degrees,
admission is either conditional or full. Full standing
requires a strong academic background and
passing scores on two professional examinations.
Regardless of your standing, the following attributes can lead to academic, professional and personal
success: personal integrity, intelligence, aptitude for mathematics, ability and willingness to work
hard and an aptitude for business.
Although no coursework in actuarial science is required, a strong academic background includes at least three semesters of calculus, one semester of linear algebra, one semester
of computer programming using a high level language, six hours in principles of economics, one semester of introductory mathematical probability and one semester of introductory mathematical
statistics. If these are not met, you can still be admitted with provisional standing and take additional courses to cover academic deficiencies. For admittance with provisional standing, your
overall application must demonstrate a reasonable preparation that would give you a very good chance of successfully completing the master’s degree within a reasonable time period.
To gain full graduate standing, you must satisfy the requirements for provisional standing and pass Exams P and FM of the Society of Actuaries.
Scheduling of Classes
Class scheduling depends on your background. Appropriate adjustments will be made for missing prerequisites. You should work required courses into your schedule based on your preferences and area of concentration.
You’ll need to earn a “B” or better in all 800 level courses and a “C” or better in all 900 level courses. However, if you receive a “C” or lower in your minor courses, you may need to pass a comprehensive exam in your minor area.
Memorandum of Courses
The Memorandum of Courses contains a proposed list of courses for your graduate program. It must be filed with the Office of Graduate Studies before the end of your second semester.
The following courses cannot be included as a part of your memorandum of courses: ECON 815, 816, 819, 837 and 854; MATH 800, 813, 814, 820, 821 and 822; STAT 880, 881; and CSCE 840.