Master in Actuarial Science

Applications for the Aug 2027 intake are due by Jun 1, 2027, while tuition fees for Master in Actuarial Science are 28,582 USD per year.

The Master in Actuarial Science at Ball State University is a one-year program for students who enjoy analyzing economic risk and solving financial problems. This Master's degree builds on a foundation of business and mathematics. The program is one of the few graduate programs in the nation focused on actuarial science.

The curriculum includes coursework that prepares students for professional examinations given by the Society of Actuaries and the Casualty Actuary Society. Students develop skills in risk analysis, financial modeling, and data analysis. The program also allows students to tailor their studies to their individual interests through electives.

Graduates of this program can pursue careers as Actuaries, Risk Managers, Financial Analysts, or Insurance Underwriters. They can work in industries such as insurance, finance, or consulting. Top employers include insurance companies, consulting firms, and financial institutions that need actuarial expertise.

Ball State University, founded in 1918 and based in Muncie, Indiana, is a comprehensive public research university offering a wide range of undergraduate and graduate programs. With over 21,500 students and an international community of about 800, Ball State delivers immersive learning through hands-on projects, internships, and applied research. Its 193 programs span business, education, fine arts, health sciences, humanities, and STEM fields, providing diverse pathways for academic and professional growth.

The university emphasizes experiential education and strong industry connections that prepare students for the workforce. Faculty mentorship, modern facilities, and active career services support internship placement and job readiness. International students find tailored support through admissions advising, orientation programs, and cultural integration services that ease the transition to life and study in the United States.

Campus life at Ball State combines vibrant student organizations, performance and research opportunities, and community engagement that enrich personal development. Affordable housing options, student support networks, and practical career guidance make Ball State a student-friendly choice for those seeking an engaged, career-focused American university experience in a supportive midwestern setting.