What does it cost?

Check out our cost calculator or visit Student Financial Services for information on estimated costs.

How long will it take?

The degree requires completion of 120 credit hours. A student can expect to complete the degree in four years by taking 15 credit hours per semester (fall and spring).

Where can I take classes?
Atlanta Campus

Application Deadlines View Admissions Requirements

Students may enter the program in the fall, spring, or summer.

VIEW APPLICATION DEADLINES

Actuarial Science, B.B.A.

For help with the admissions process, contact your admissions counselor.

Actuaries have been called financial architects and social mathematicians because of their unique blend of analytical and business skills in the insurance and financial services industries. They serve as consultants in firms that specialize in employee benefits and pensions, in the government sector, and in a variety of other roles. To be recognized as a qualified actuary, a person should become a member of the Society of Actuaries or the Casualty Actuarial Society. Membership is obtained by passing a series of examinations. Completion of Robinson’s actuarial science program greatly enhances the possibility of passing those exams.

The tremendous demand for such highly trained people makes this a financially rewarding career.

In order to meet the critical shortage of actuarial personnel in this region, the Southeastern Actuaries Club endorsed the establishment of Robinson’s actuarial program as part of the university’s comprehensive insurance educational activity. The program continues to have the strong support of the actuarial profession and is ranked #1 in actuarial research among North American business schools.

Rankings

Robinson’s Department of Risk Management & Insurance ranks first in North America and fourth in the world for research productivity in the five leading actuarial and insurance journals.

Robinson is the ONLY Center of Actuarial Excellence in the Southeast.

Program Highlights

Scholarships and Industry Access

The department is supported by its own foundation, the Georgia State Risk Management Foundation, with an endowment that currently exceeds $15 million and is overseen by a board of 30 leading executives in the financial services and insurance industries.

As a result, our students enjoy:

  • Hundreds of thousands of dollars in scholarships every year
  • Reimbursement of passed exam fees and early passer incentives
  • Exclusive mentoring opportunities and industry access
Center of Actuarial Excellence - Society of Actuaries logo
Casualty Actuarial Science - University Award Program logo

Program Details

High School Seniors and Recent Graduates
If you’re a senior in high school or graduated from high school within the last two years, you’ll apply using Georgia State’s Common Application.

Find out more about applying

International students
International applicants are students who are in the U.S. on a non-immigrant visa (B-1, H-1, J-1, etc.), students who are living outside the U.S. and will require an F-1 visa to study in the U.S., students who are in the process of applying for Permanent Residency status but have not yet received the Permanent Residency card, or students who have been educated outside the U.S.

Learn more about the application process

Transfer Students
If you’re already in college but need a change, transferring to Georgia State can provide you with the opportunities you need to succeed — in school and after graduation.

View the details

Key Courses and Sequencing

The following courses in the major are complemented with a number of additional classes developing your soft skills and knowledge of business.

Fall Semester of Junior Year

  • AS 3230 – Financial Mathematics
  • FI 3300 – Corporation Finance
  • MATH 4751 – Mathematical Statistics I

Spring Semester of Junior Year

  • AS 4140 – Probability
  • FI 4090 – Introduction to Financial Data Analytics
  • MATH 4752 – Mathematical Statistics II

Fall Semester of Senior Year

  • AS 4320 – Loss Models and Credibility
  • AS 4340 – Life Contingencies I
  • AS 4510 – Derivative Valuation and Risk Management
  • RMI 4680 – Regression Modeling

Spring Semester of Senior Year

  • AS 4350 – Life Contingencies II
  • AS 4360 – Ratemaking and Loss Reserving
  • RMI 4990 – Risk Analysis Clinic

Sample Elective Courses

  • FI 4000 – Fundamentals of Valuation
  • FI 4092 – Applied Artificial Intelligence and Machine Learning in Finance
  • RMI 4350 – Enterprise Risk Management
  • RMI 4400 – InsurTech: New Technology in Insurance Markets
  • RMI 4700 – Insurance Operations
  • RMI 4800 – Commercial Insurance Underwriting

It is highly recommended that new actuarial science majors consult with their major adviser at their earliest convenience so that an efficient program can be constructed in accordance with the unique nature of the actuarial science major and course scheduling requirements.

Check out our cost calculator or visit Student Financial Services for information on estimated costs.

Financial Aid

Contact Graduate Student Financial Services
We are here to help you understand the cost of your program, the payment schedule, and financing opportunities.

Visit the Student Financial Management Center Virtual Events to schedule a virtual appointment, or call 404-413-2600 for more information.

Scholarships

Robinson Scholarships

Robinson offers several scholarships through the Office of the Dean as well as the individual academic departments.

Learn More and Apply

Search Georgia State’s Database

Georgia State offers a robust searchable database containing scholarships offered through the university as well as external websites.

Search the Database

Loans

Our coursework prepares you to sit for the following professional actuarial exams:

  • SOA Exam P – Probability
  • SOA Exam FM – Financial Mathematics
  • SOA Exam IFM – Investment & Financial Markets
  • SOA Exam SRM – Statistics for Risk Modeling
  • SOA Exam STAM – Short Term Actuarial Mathematics
  • SOA Exam LTAM – Long Term Actuarial Mathematics
  • CAS Exams MAS I-II – Modern Actuarial Statistics
  • CAS Exam 5 – Basic Techniques for Ratemaking and Estimating Claim Liabilities

We offer coursework that satisfies all Validation by Educational Experience (VEE) requirements:

  • VEE in Accounting and Finance
  • VEE in Economics
  • VEE in Mathematical Statistics

Careers

In collaboration with Robinson’s Career Advancement Center and our student organizations, we host dozens of industry information sessions and networking events each semester, as well as an annual career fair exclusively for actuarial science and risk management & insurance majors.

Program graduates work for a variety of well-respected companies including Aetna, AIG, American Family Insurance, Aon, Assurance America, Blue Cross Blue Shield, Cigna, KPMG, Mercer, Merlinos & Associates, Milliman, Munich Re, New York Life, Northwestern Mutual, Oliver Wyman, OneTrust, Protective Life, SCOR, State Farm, and Willis Towers Watson.

VIEW SAMPLE ENTRY-LEVEL JOB TITLES

actuarial analyst

actuarial consultant

actuarial associate

application support engineer

claims operations

data analyst

pricing analyst

research analyst

Related Student Organizations

The Actuarial Student Association serves all pre-actuarial science and current actuarial science majors as well as students in the Master of Actuarial Science program. We organize information sessions and networking events and collaborate with the Department of Risk Management & Insurance as well as the Career Advancement Center to host an annual recruitment fair specific to the actuarial science field. We also run study groups for actuarial exams, plan social events, and try to build community among all aspiring actuaries at Georgia State.

Gamma Iota Sigma logo

Gamma Iota Sigma is the international Risk Management, Insurance, and Actuarial Science collegiate fraternity. The purpose of this organization is to promote, encourage, and sustain student interest in insurance, risk management, and actuarial science as professions; to encourage the high moral and scholastic attainments of its members; and to facilitate the interaction of educational institutions and industry through networking and by fostering research activities, scholarship, and improved public relations.

Contacts

For help with the admissions process, contact your admissions counselor.

Stephen Shore, department chair
404-413-7466
sshore@gsu.edu

Stefanos Orfanos, B.B.A. program advisor
404-413-7485
sorfanos@gsu.edu

35 Broad St NW
Atlanta, GA 30303