Charts and statistics

Actuarial Mathematics and Quantitative Risk Master's Program

Program Details


Master of Science


On campus


Apply Now

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 fundamental concepts of actuarial science with an emphasis on mathematical methods and ensuing models to evaluate, manage and control actuarial risk.

The actuarial science and quantitative risk master’s program introduces insurance strategies and their financial instruments through six core courses and four elective courses that will give students a strong background in probability and statistics, and create a path toward professional certifications. You’ll collaborate with top-notch faculty who are recognized experts in the field and learn industry-standard software programs like R, SAS and MatLab.

The Stevens Advantage

At Stevens, we’re 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

  • Customizable curriculum

  • Independent study available

  • Part-time or full-time enrollment

  • Research credit available

  • Evening and online courses available

  • Thesis and non-thesis options

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:

  • Actuarial Analyst

  • Actuarial Associate

  • Actuarial Manager

  • Actuary

  • Risk Consultant

Our graduates have been hired at:, American International Group, GEICO, TIAA Progressive Casualty Insurance Company, Liberty Mutual, Sun Life Financial

Related Programs

Mathematics Master's Program

Mathematics is foundational to just about every industry in the world. That’s why a Stevens mathematics master’s degree can be the key to advancing your career.

MS in Data Science

Data drives almost every aspect of our lives—and the demand for people who can gather, analyze and interpret that data has never been higher. Prepare to excel in this lucrative field with a data science master’s degree from Stevens.

Applied Mathematics Master's Program

Both established companies and startups are actively seeking experts in applied mathematics who can formulate and solve problems on a global scale. You are well-positioned with an Applied Mathematics Master’s degree from Stevens.