Tuition per credit hour
Georgia Residents: $499
Non-Ga. residents: $1,308
Tuition is subject to change.
A dual degree in Quantitative Risk Analysis & Management or Analytics requires just one additional semester. Learn about our dual degree options.
Where can I take classes?
Atlanta Campus, Buckhead Center (200 Tower Place), Online
The program can be completed in-person as well as online. Use the comparison chart to determine which format is right for you.
Note: While the Master of Actuarial Science program can be completed online, courses for the dual degree must be taken in person.
Application Deadlines View Admissions Requirements
The Robinson College of Business reviews applications on a rolling basis. The deadlines below are intended to serve as benchmarks. Due to our rolling admissions process, we encourage you to apply as early as possible.
Applicants can expect to receive a decision within six weeks of the Office of Graduate Admissions receiving all required materials.
Students can begin coursework in the fall, spring, or summer.
Lindsay Fortner, program recruiter
lfortner@gsu.edu
404-413-7148
Your recruiter is here to answer your questions and help you prepare a strong application.
Set up an appointment with your recruiter
Our STEM-designated curriculum covers advanced topics including InsureTech, actuarial analytics, and machine learning. Students complete real-world, hands-on projects in our FinTech Lab, and emerge prepared to take the actuarial exams administered by the Society of Actuaries. By tacking on just one additional semester, students can earn a dual degree in either Quantitative Risk Analysis & Management or Analytics, making their skill set doubly attractive to employers.
Two dual degree options are available: one where students will earn both the Master of Actuarial Science degree and the Master of Science in Quantitative Risk Analysis and Management (QRAM); and one where students will earn both the Master of Actuarial Science (MAS) degree and the Master of Science in Data Science and Analytics (MSDA).
The dual degree program in MAS/QRAM is designed to serve the growing need for graduates who 1) have solid quantitative skills in both actuarial risk modeling and financial risk modeling, and 2) understand the business contexts and possess the necessary communication skills for solving complex risk issues.
Similarly, the ongoing data revolution associated with the ever-increasing collection of data and use in the business process and decisions makes analytics skills relevant in all areas of business. MAS/MSDA graduates can significantly differentiate themselves from their competition in the labor market by anticipating the rapidly emerging needs of financial services employers including insurers, banks, asset managers, and hedge funds.
Program Comparison: In-person Vs. Online
| In-Person | Online | |
| Modality | ||
| Modality | 70%+ in-person | 100% online |
| Required credit hours | ||
| Required credit hours | 30 | 30 |
| Format | ||
| Format | Full- or part-time | Part-time |
| Target Audience | ||
| Target audience | Full-time students with or without actuarial experience. | Working professionals with strong quantitative skills looking to transition into the actuarial field. No actuarial background required. |
| Cost per credit hour | ||
| Cost per credit hour | Georgia residents: $499 Non-Georgia residents: $1,308 |
Georgia residents: $499 Non-Georgia residents: $1,308 |
| Start Date | ||
| Start Date | Fall or Spring | Fall, Spring, or Summer |
| Duration | ||
| Duration | 3 semesters (16 months) | 5-6 semesters (21-24 months) |
| Course Load | ||
| Course Load | 3-4 courses per semester | 1-3 courses per semester |
| Class Times | ||
| Class Times | Varies | The program comprises a combination of asynchronous and evening synchronous courses (7:15-9:45 p.m. EST). |
| Signature Features | ||
| Signature Features |
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Application Requirements
Learn more about the application process and what you will need to apply.
The Master of Actuarial Science program comprises 30 credit hours.
These courses are in addition to the 30 hours required for the MAS degree or in addition to the 48 hours required for the dual degree programs. They are assigned as part of the admissions process based on a review of each student’s transcripts.
Mathematics: Students must have completed three semesters of advanced calculus. (Online courses such as Coursera are acceptable.) Students who enter the program without sufficient background in probability and/or financial mathematics should take AS 8140 and/or AS 8230 among their actuarial electives.
Statistics: Students have completed two semesters of undergraduate mathematical statistics.
Note: If you believe that you need to complete these foundational courses, we advise that you apply for spring or summer. If you have met these pre-requisites, we advise you apply for fall.
Fall 1
MSA 8010 – Data Programming for Analytics
ECON 8740 – Applied Statistics and Econometrics
AS 8340 – Life Contingencies
Elective (See elective suggestions below.)
Spring 1
AS 8350 – Insurance Mathematics
RMI 8300 – Predictive Risk Modeling
Elective (See elective suggestions below.)
Elective (See elective suggestions below.)
Fall 2
AS 8360 – Insurance Ratemaking
Elective (See elective suggestions below.)
Elective Suggestions
RMI 8400 – InsurTech
RMI 8450 – Machine Learning in Actuarial Science
AS 8140 – Probability
AS 8230 – Financial Mathematics
AS 8150 – Mathematical Finance for Actuaries
AS 8430 – Loss Distribution and Credibility Theory
QRAM 8600 – Theory of Risk Sharing
Dual degrees require just one additional semester. View the dual degree curriculum requirements.
Note: While the Master of Actuarial Science program can be completed online, courses for the dual degree must be taken in person.
Fall 1
AS 8140 – Probability
ECON 8740 – Applied Statistics and Econometrics
Spring 1
AS 8230 – Financial Mathematics
RMI 8400 – InsurTech
Summer 1
RMI 8300 – Predictive Risk Modeling
MSA 8010 – Data Programming for Analytics
Fall 2
AS 8340 – Life Contingencies
AS 8360 – Insurance Ratemaking
Spring 2
AS 8350 – Insurance Mathematics
AS 8510 – Mathematical Finance for Actuaries
View the catalog for details and course descriptions.
Tuition per credit hour
Georgia Residents: $499
Non-Ga. residents: $1,308
Tuition is subject to change.
Contact Graduate Student Financial Services
We are here to help you understand the cost of your program, the payment schedule and financing opportunities.
rcbfinancialaid@gsu.edu
404-413-7086
Robinson Scholarships
Robinson offers several scholarships through the Office of the Dean as well as the individual academic departments.
Search Georgia State’s Database
Georgia State offers a robust searchable database containing scholarships offered through the university as well as external websites.
Graduate research assistantships are available to offset program costs.
You will be paired with a Graduate Student Experience professional who stays on top of the extracurricular programming that will enhance your academic journey and propel your career. Activities include boot camps on topics that are relevant to your field, professional workshops, networking events, recruiting fairs, and meet-and-greets intended to create camaraderie with your peers.
View a Sample Extracurricular Schedule
Learn More about the Graduate Student Experience Team
Note: Some Graduate Student Experience activities can only be provided to in-person students.
The mission of the Master of Actuarial Science program is to educate students in the theory and practice of actuarial science through a specialized program of study. The program is designed to teach students both the core actuarial theory and the latest developments in actuarial practice.
Our 2020 graduates reported a 44.4% average salary increase, enabling them to pay back their investment in graduate school within 0.7 years.
Clinical Assistant Professor; Former Group Vice President, Model Development Department, SunTrust Banks
R. Means Davis Professor of Risk Management and Insurance; Executive Director, S.S. Huebner Foundation for Insurance Education
Professor; Fellow, Institute of Mathematical Statistics; Fellow, American Statistical Association
GRA Position Enables International Student to Pursue Dual Degree in Risk
Robinson College of Business Graduate Enrollment Surges 78 Percent; Incoming Class is Largest, Most Diverse in its History
Actuarial Science Student Is Insuring a Bright Future for Himself and His CountryYour recruiter is here to answer your questions and help you prepare a strong application.
Set up an appointment with your recruiter
Lindsay Fortner, program recruiter
404-413-7148
lfortner@gsu.edu
Steve Lo, program director
clo5@gsu.edu
404-413-7484
35 Broad St NW
Atlanta, GA 30303
