Program Overview

Master of Actuarial Science Program

The Master of Actuarial Science program at Georgia State University is a STEM-designated program that covers advanced topics including InsurTech, actuarial analytics, and machine learning. Students complete real-world, hands-on "sprint" projects and emerge prepared to take the actuarial exams administered by the Society of Actuaries.

Program Highlights

• The program is geared toward students with quantitative backgrounds, both with and without prior actuarial training.
• Students can complete the degree in person (in Atlanta) or fully online, and can study full-time or part-time.
• The program covers coding and statistical methods as well as key actuarial topics.

Dual Degree Options

Two dual degree options are available:

1. Master of Actuarial Science and M.S. in Quantitative Risk Analysis and Management: This program serves the growing need for graduates who have solid quantitative skills in both actuarial risk modeling and financial risk modeling.
2. Master of Actuarial Science and M.S. in Data Science and Analytics: This program allows students to differentiate themselves from the competition by anticipating the rapidly emerging needs to fuse data science with actuarial science.

2023 Graduate Outcomes

• 76% employed within 3 months
• 46% average salary increase
• $83,000 median salary
• 1.4 years average time to pay back investment

Program Details

• Admissions Requirements:
  • Online application and $50 application fee
  • A GMAT or GRE score is not required
  • College transcripts
  • Personal statement
  • Resume – No work experience required
  • Additional requirements apply for international applicants
• Curriculum: The program comprises 30 credit hours, with foundation requirements in mathematics and statistics.
• Tuition: Tuition per credit hour varies for Georgia residents, non-Georgia residents, and out-of-country residents.
• Financial Aid: Graduate research assistantships are available to offset program costs.

Careers

Program graduates work for a variety of well-respected companies, including Beecher Carlson, Deloitte, and Willis Towers Watson. The Graduate Career Advancement Center provides resources to support master's students as they prepare for the job market and advance their careers.

Faculty

The program is led by a team of experienced faculty, including:

• Stefanos Orfanos, Program Director and Clinical Assistant Professor
• Liang Peng, Professor and Fellow of the American Statistical Association
• Stephen Shore, R. Means Davis Professor of Risk Management and Insurance

Research

The M.R. Greenberg School of Risk Science has been recognized for its commitment to preparing future property and casualty actuaries through its educational offerings. The school ranks #3 for research productivity in actuarial science among North American business schools.