USA,Arizona
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USA, Arizona
Type: University
Location Type: Urban
Founded: 1885
Total Students: 53,500 +
Int. Students: 9,000 +
Main Campus Address
1151 S. Forest Avenue Tempe, AZ 85281
The MS program in actuarial science emphasizes broad awareness and appreciation of current issues faced by insurance industry practitioners as well as innovative resolutions provided by actuaries.
Students to advance their knowledge base by applying mathematical and statistical concepts and data analytics to the disciplines of risk management, finance and insurance. It also includes a new focused set of professional learning outcomes aligned with the needs of the ever-evolving insurance industry, while keeping the core technical learning outcomes in place. These guide students' development of professional competencies through coursework, independent projects and opportunities outside of the classroom, while remaining firmly based on a strong foundation of scholarly technical work in actuarial science.
Actuaries must pass a series of intensive professional exams to become credentialed. Program graduates are prepared for the examinations required to become credentialed professionals by the Society of Actuaries or Casualty Actuarial Society and to be competitive employees in the insurance and finance industries.
Master's Degree
42 Days
Full-Time
24 Months
Intake Month/Year | Intake Status | |
---|---|---|
jan 2024 | Closed | |
jan 2025 | Closed | |
may 2024 | Not Available | |
aug 2024 | Closed | |
aug 2025 | Open | |
may 2025 | Not Available |
*Note: The fee is approximate and is subject to change
*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.
Check program website for more information about funding options.
Career Opportunities
Risk is a part of daily life, and wherever there is risk there are opportunities for actuarial intervention. Many actuaries work with insurance companies to calculate premiums, determine reserves needed to ensure an organization's financial health and to ensure organizations conform to stringent, complex legal mandates. Others help companies to establish retirement plans or are employed as consultants.
Graduates possess skills that are transferable to any industry and any organization that requires risk modeling and management, including:
Graduates can also apply the advanced problem-solving skills to a variety of other professional careers, including:
New American University (NAmU) Scholarship
Guide to awards for admitted undergraduate first-year students who meet all criteria
Polytechnic campus, West Valley campus | minimum $10,000; maximum $20,000, renewable annually* |
Downtown Phoenix campus, Tempe campus |
minimum $7,000; maximum $16,000, renewable annually* |
High school GPA (on a scale of 4.00) | Awarded to students with GPA 3.01+ and a higher English level |
English language test score or test exemption | Awarded to students with above IELTS 6.5 | TOEFL 68 | DET 110 and a higher GPA |
Guide to awards for admitted undergraduate transfer students who meet all criteria
Polytechnic campus, West Valley campus | minimum $6,000; maximum $14,000, renewable annually up to 2 years* |
Downtown Phoenix campus, Tempe campus | minimum $3,000; maximum $10,000, renewable annually up to 2 years* |
High school GPA (on a scale of 4.00) | Awarded to students with GPA 3.00+ and above IELTS 6.5 | TOEFL 76 | DET 115 |
English language test score or test exemption | Awarded to students with above IELTS 6.0 | TOEFL 63 | DET 105 and GPA 3.50+ |
Conditionally admitted students receive any NAmU award on passing English Language Program Advanced 2 level with minimum 84% or B overall grade
Graduate merit-based scholarships
Academic college or program | Eligibility guide | Award deducted from tuition |
Ira A. Fulton Schools of Engineering | Awarded to students with GPA 3.50+ (or 88+/100) and above IELTS 7.0 | TOEFL 90 | DET 125 or English test exemption |
minimum $6,000; maximum $10,000 |
MS Computer Science |
minimum $6,000; maximum $8,000 |
|
W. P. Carey School of Business | Awarded to students with GPA 3.50+ | $2,500 |
Admitted students can apply for a 2-semester W. P. Carey award | average $3,000–$5,000 | |
Thunderbird School of Global Management |
Awarded to students with GPA 3.50+ | minimum $5,000; maximum $10,000 |
Students can additionally submit an MGM Thunderbird scholarship request form when they appy for admission |
average $21,000; maximum $30,000 | |
Sandra Day O’Connor College of Law | Admitted LLM students can apply after accepting their offer | average $5,000 |
All other colleges | Awarded to students with GPA 3.50+ and above IELTS 7.0 | TOEFL 90 | DET 125 or English test exemption |
$5,000 |
Graduate students who are admitted with deficiencies must meet the deficiencies in order to become eligible for a scholarship award.
ASU-USA Pathways admission and progression scholarships
Admitted students are guaranteed $8,500 awarded for the 3-semester program, or $3,600 for 1-semester. Earned Pathways students are eligible for the scholarship in their first full Pathways session after they gain full admission. On successful completion of ASU-USA Pathways, students with GPA 3.25+ are awarded an ASU bachelor’s program tuition scholarship of $5,000, renewable annually.*
Kaplan International award
Students who do not meet the criteria for an ASU scholarship may be eligible for a Kaplan-funded partial scholarship (average $2,000) if they are unconditionally admitted to a bachelor’s or master’s degree. For undergraduates, the Kaplan award is given each semester until completion of their first spring semester at ASU. After that, if the student has no NAmU scholarship, the Kaplan award will be renewed* by ASU for 6 or 7 additional semesters. For graduates, Kaplan-funded awards are not renewable.
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):
Program Level: 4-Year Bachelor's Degree
Duration: 48 months
Tuition Fee: CAD 35,430
English Requirement: IELTS TOEFL PTE DUOLINGO
Work Permit:
Outreach, A Student Referral Program by Canam
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