Master of Science in Actuarial Science

For Master of Science in Actuarial Science, tuition is The Fox School grants 5% tuition scholarships to alumni who are admitted to the program..

The Fox School of Business and Management offers a Master of Science in Actuarial Science program designed to prepare students for careers evaluating insurance and financial risks. It features coursework, professional development opportunities, and curriculum that covers multiple professional actuarial exams, allowing students to earn credit for eligible exams through coursework. The program is recognized by the Society of Actuaries (SOA) as a Center of Actuarial Excellence (CAE) and by the Casualty Actuarial Society (CAS) with Gold Tier status.

Focus areas include Managing Human Capital Risk, Managing Property and Liability Risk, Advanced Long-Term Actuarial Modeling, Advanced Short-Term Actuarial Modeling, Advanced Actuarial Analytics.

The MS in Actuarial Science requires 30 credits beyond the baccalaureate, consisting of core courses, major electives, and free electives, with successful completion of coursework required for degree conferral.

Graduates hold positions of responsibility with consulting firms, government insurance programs, government regulatory organizations, insurance companies, and investment banks.

A four-year U.S. baccalaureate degree or equivalent is required, with three-year degrees needing WES/NACES evaluation. GRE/GMAT scores are mandatory, though Exams P, FM, or FAM may substitute, and English proficiency tests (TOEFL, IELTS, etc.) are required for non-US degree holders. Applicants must submit one letter of reference, a statement of goals, and a resume.

The programme totals about 30 credit hours. The program can be completed on a full- or part-time basis at the Main campus, with a maximum time limit of 6 years for degree completion. For international students, tuition is above the median for US programmes. The institution admits about 83% of applicants.

Temple University in Philadelphia is a large, research-active public university founded in 1884, offering more than 500 programs across diverse fields such as business, engineering, health, arts and social sciences. With a student population exceeding 37,000 and a vibrant urban campus, Temple provides access to internships, cultural institutions and industry partners across a major East Coast city. Its global outlook and broad program portfolio make it attractive to international applicants seeking variety and opportunity.

Academic life at Temple blends rigorous research with practical experience; students benefit from extensive facilities, active faculty research and strong professional networks. The university’s program breadth supports interdisciplinary study, while career services and employer connections foster placement and experiential learning. Campus organizations and cultural programming help students build community and develop leadership skills alongside academic growth.

International students find specialized support through orientation, immigration advising and cultural integration services, helping them navigate study and work options in the United States. Temple’s location in Philadelphia provides access to healthcare systems, media companies, financial firms and nonprofit organizations for internships and projects. For students seeking a dynamic urban university with comprehensive programs and practical career pathways, Temple offers a well-resourced environment to pursue academic and professional goals.