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Master of Science in Mathematics with Concentration in Actuarial Science

Governors State University

USA,Illinois

0 Shortlist

18 Months

Duration

CAD 12,708/year

Tuition Fee

CAD 50 FREE

Application Fee

Aug 2025

Apply Date

USA, Illinois

Type: University

Location Type: Semi-Urban

Founded: 1969

Total Students: 4,600 +

Campus Detail

Main Campus Address

1 University Pkwy, University Park, IL 60484, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Scholarships
Student Visa
Work Permit

Master of Science in Mathematics with Concentration in Actuarial Science

Program Overview

The graduate major in Mathematics with an Actuarial Science sequence prepares students for actuarial positions in business, government and industry. Coursework in the sequence provides a foundation for the preparation needed to sit for a series of examinations developed by the professional actuarial societies. Information regarding licensure or certification in this field is found on the Professional Licensure or Certification section of this catalog. In addition to a strong knowledge base in mathematics that includes probability and statistics, coursework includes risk management, finance, economics, and investments.

Detailed Program Facts

Program Level

Master's Degree

Application Processing Days

42 Days

Program Intensity

Full-Time

Duration of Program

18 Months

Program Intakes

Intake Month/Year		Intake Status
jan 2025		Closed
aug 2024		Closed
aug 2025		Open

Application Fee

Application Fee: CAD 50 FREE

Tuition Fee

CAD 12,708 per year

*Note: The fee is approximate and is subject to change

Living Cost in Governors State University

CAD 10,750 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.0
TOEFL
- Minimum Overall Score - 80
PTE
- Minimum Overall Score - 53.0
DUOLINGO
- Minimum Overall Score - 95.0

Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's Degree.

Minimum CGPA Required: 60.00 %

Additional Information

Scholarships

Work Permit

PGWP

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.