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Actuarial Science, MS

Program Information

School: School of Natural Sciences and Mathematics

Program: Actuarial Science

Test Score Required: GRE 310 Min
GRE scores of 143 and 155 for the verbal and quantitative components, respectively, are advisable based on our experience with student success in the program. An official and competitive GRE score report no more than five years old by date of application is required of all applicants who do not possess a Doctoral degree. Exceptions are made in some cases when other credentials are especially strong. Mail Graduate Record Examination (GRE) official scores to UT Dallas Office of Enrollment Services.

Catalog Page: MS

Program Description: 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 statistics, 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 senior actuaries in insurance, consulting, finance, government, and emerging markets.

Degree Requirements: The minimal total required number of classes for graduation is 36 SCH. Among them, 27 SCH of required courses and 9 of elective.

Letters of Recommendation: 3

Completed Request for Recommendation (Requires Adobe Reader) forms from individuals (employers, community leaders, teachers, etc) able to judge your probable success in graduate school. Letters of recommendation may be sent directly to the program.

Resume: Yes

Admissions Essay: Yes

One page essay outlining the applicant's academic interests and goals is required.

Deadlines: University deadlines apply.

Contact

Dr. Ron Dearing

Office - FO 2.406
Website - www.utdallas.edu/~rdd140030

Possible Careers

Professionals in insurance industry, government, consulting, financial or accounting firms. Visit the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) for more information about the profession.

Salary Information

See Bureau of Labor Statistics for detailed salary information on these careers. Another great resource is the Occupational Outlook Handbook.