Master of Science in Mathematics - Actuarial Science 24 months Postgraduate Programme By Illinois State University |TopUniversities

Master of Science in Mathematics - Actuarial Science

Programme Duration

24 monthsProgramme duration

Main Subject Area

Accounting and FinanceMain Subject Area

Programme overview

Main Subject

Accounting and Finance

Study Level

Masters

Actuaries put a price tag on future risks. Those risks are usually associated with possible financial losses. An actuary uses mathematical skills to define, analyze, and solve business and social problems. Actuaries calculate costs of insurance, pensions, and social programs (e.g., Social Security, Medicare), represented in the premium or taxes paid, and they also estimate the amounts that insurance companies, or pension plans, or social insurance systems, must set aside in reserves to be able to meet their obligations.

Programme overview

Main Subject

Accounting and Finance

Study Level

Masters

Actuaries put a price tag on future risks. Those risks are usually associated with possible financial losses. An actuary uses mathematical skills to define, analyze, and solve business and social problems. Actuaries calculate costs of insurance, pensions, and social programs (e.g., Social Security, Medicare), represented in the premium or taxes paid, and they also estimate the amounts that insurance companies, or pension plans, or social insurance systems, must set aside in reserves to be able to meet their obligations.

Admission Requirements

6+

Jan-2000

Scholarships

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