The goal of the Actuarial and Statistical Analysis concentration is to educate students about the field of actuarial and statistical analysis—and the financial impact of risk and uncertainty—and equip them with the tools necessary to succeed in this industry. Concurrently, students will gain fundamental knowledge of key business areas including finance and accounting, entrepreneurship, marketing, communication and leadership, management and planning, intellectual property, ethics, and regulatory.
Through expert instruction and experiential education, students will:
- Learn how to evaluate the likelihood of events and quantify contingent outcomes to minimize losses
- Learn how to quantify contingent outcomes to minimize losses, both emotional and financial, associated with undesirable events
- learn how to provide assessments of financial security systems with a focus on their complexity
Where our Actuarial and Statistical Analysis Alumni Work
There are numerous job opportunities and career paths available to individuals with advanced knowledge of Actuarial and Statistical Analysis:
- Insurance Pricing Actuary
- Pension Administrator
- Business Analyst
- Model Validation Associate
- and more!
- AM Best
- Rang Technologies
- KPMG Corporate Finance LLC
- Grant Thornton LLP
- and more!
Preferred Academic or Professional Experience
- Applicants should have a mathematical background in calculus and linear algebra, with an undergraduate GPA of at least 3.0 on a 4.0 scale. Students are required to have completed 50:640:250 Linear Algebra (or equivalent) and 640:251 Multivariable Calculus (or equivalent).
All professional experience will be considered as part of the application process.
Applicants who are unsure of their eligibility for this concentration should schedule an appointment with an enrollment specialist.
“The Master of Business and Science (MBS) is without a doubt one of my best academic decisions...The classes I have taken, particularly the business classes, have given me so much knowledge and insight on how to be a better and more efficient member of an organization." Adolfo Pertuz, Master of Business and Science (MBS) degree Graduate