Master of Science in Actuarial Science
The Master of Science in Actuarial Science equips students with the tools, skills, and knowledge to excel in today’s rapidly evolving actuarial workplaces, with a course of study that anticipates and exceeds industry needs. For the part-time option, students take courses on Columbia’s New York City campus. The program takes up to three years to complete and will be offered in the fall and spring for 2021. This course of study covers main actuarial paths and prepares students for the associate actuarial examinations of SOA and CAS.
At a Glance
In the Master’s Program, You Will…
- Gain access to a powerful global network of 160-plus organizations, including AXA, Deloitte, Ernst & Young, Guy Carpenter, MetLife, Milliman, New York Life, Oliver Wyman, Prudential, PWC, RGA, TransAmerica, and Willis Towers Watson, that provide employment opportunities to students and alumni, participate in the Proseminar lectures and networking series, and take part in annual events including Columbia Actuarial Science Career Days and Career Fairs.
- Be welcomed into a large Columbia alumni actuarial community who mentor and hire current students.
- Benefit from an academically rigorous curriculum that exceeds and anticipates industry needs to train and prepare actuarial leaders today and into the future.
- Learn from top academics and practitioners in actuarial, finance, and risk management, including leading Wall Street practitioners and fellows of Society of Actuaries (SOA) and Casualty Actuarial Society (CAS).
- Receive innovative interdisciplinary training drawing on faculty and coursework from Columbia University’s Departments of Statistics, Industrial Engineering and Operations Research, Mathematics, Economics, and the Columbia Business School.
- Become a mentee of an industry leader/practitioner who will directly oversee a project/presentation and provide guidance, feedback, and support.
Program Features Include…
- Participation from nearly 200 industry leaders, potential employers, and alumni including CEOs, CFOs, Chief Risk Officers, and leaders from Society of Actuaries (SOA) and Casualty Actuarial Society (CAS), who interact directly with students through courses, special events, and other networking opportunities.
- A leading-edge curriculum that includes predictive modeling, data science, machine learning, risk management, and financial markets and investments, in addition to a solid actuarial foundation.
- A course of study that covers main actuarial paths and prepares students for the associate actuarial examinations of SOA and CAS.
- Core courses taught by actuaries and analytical professionals who have Ph.D.s and 15+ years of industry experience. Most also have SOA and CAS designations.
- Partners and advisors on the Actuarial Science Academic Committee (ASAC) steer the program's academic affairs, including curriculum and faculty recruitment. ASAC members are professors across Columbia University's Statistics Department, the Engineering School, and the School of Professional Studies.
- Professional and career development resources and courses to build leadership, presentation, and communication skills.
- A setting in the heart of the financial/actuarial capital of the world (New York City) that provides access to the world’s foremost practitioners and industry leaders.
- A supportive, familial, and fun environment in which students, faculty, and alumni build lifelong connections.
Curricular Design Strategy
Who Should Apply?
- Recent college graduates with a strong background in a quantitative field such as mathematics (including teachers and tutors), statistics, actuarial science, physics, economics, computer science, accounting, or finance.
- Career-changers with strong quantitative skills who are looking to transition into the actuarial field.
- Prospective actuaries interested in starting a career, career advancement, and exam preparation.
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Learn more about Actuarial Science at Columbia University School of Professional Studies, or contact the program admissions counselor.Request more information
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Professional Licensure and Certification Disclosure Requirements
Institutions providing distance education are required to provide certain general disclosures for educational programs, regardless of modality, that prepare students for professional licensure or certification. The required information relates to whether or not the educational program meets the requirements for professional licensure or certification in all other states. Where applicable, an institution must also indicate when such a determination cannot be made.
Professional licensure and certification requirements may vary state to state. This information is also subject to change. Students should contact the appropriate licensing or certification agency for his or her home state to obtain the most up to date information.
The School of Professional Studies Actuarial Science program prepares students for the associate actuarial certification examinations of Society of Actuaries and Casualty Actuarial Society and thereby does meets the academic requirements for certification in all 50 states.
Date of Last Revision: July 2020