Actuarial Mathematics and Quantitative Risk Master's Program
DegreeMaster of Science
Set yourself up to thrive with an actuarial mathematics and quantitative risk master’s degree from Stevens.
Actuarial science is projected to be one of the fastest-growing professions over the next decade. Ranked among the nation’s top 10 programs by Great Business Schools, Stevens' actuarial mathematics and quantitative risk master's program will give you deeper expertise in probability and statistics, as well as advanced knowledge of insurance strategies and financial instruments. You’ll collaborate with top-notch faculty who have broad experience and learn industry-standard software programs like R, SAS and MatLab. Stevens graduates go on to secure positions such as actuarial manager, actuary and risk consultant at some of the nation’s largest insurers and banking institutions, including Geico, Liberty Mutual, TIAA and Sun Life Financial.
The Stevens Advantage
At Stevens, our mathematical sciences department boasts some of the top algorithmic and geometric group theory teams in the world. We’re also a 15-minute ride from the center of Manhattan—where many insurance companies, large banks and hospitals who are looking to hire actuarial talent have headquarters. Our location gives students a leg up on the competition when it comes to networking, internships and employment opportunities.
More Advantages to our Program
Independent study available
Part-time or full-time enrollment
Research credit available
Evening and online courses available
Thesis and non-thesis options
Work with recognized experts in the field
Curricular Practical Training (CPT) available for international students
We welcome applicants with strong mathematical and/or finance backgrounds. Undergraduate degrees in mathematics, applied mathematics or statistics are preferred, and applicants must have a record of taking coursework commensurate to Stevens’ advanced calculus course offerings. Contact Graduate Admissions for more details.
Bachelor’s degree, with a minimum GPA of 3.0, from an accredited institution
Official college transcripts
Two letters of recommendation
A statement of purpose
TOEFL/IELTS scores (for international students)
A competitive GRE or GMAT score*
*GRE/GMAT is not required for part-time students.
Putting You on Track for Professional Success
The actuarial mathematics and quantitative risk master's program develops in-demand knowledge and skills to put you on track for career success in a variety of roles like:
Our graduates have been hired at:, American International Group, GEICO, TIAA Progressive Casualty Insurance Company, Liberty Mutual, Sun Life Financial