MSc in Mathematics - Actuarial Science in University Park United States | Governors State University

Governors State University | University Park United States
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Qualification
Masters Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
USD 17,363
Attendance
Full-time
Full-time Duration
18 months

Actuaries employ quantitative methods to evaluate financial risks and uncertainties, quantify the likelihood of future events, and reduce associated expenses. Governors State's Master of Science in Mathematics with an Actuarial Science specialization encompasses diverse mathematical disciplines such as abstract algebra, probability theory, statistical analysis, combinatorial mathematics, and higher calculus, while concentrating on actuarial studies through classes in accounting, economic principles, investment strategies, and financial administration.
The Actuarial Science track equips students to undertake the first two professional actuarial certification exams. Beyond building mathematical proficiency in areas like probability and statistics, the curriculum incorporates essential training in risk assessment, financial systems, economic theory, and investment practices.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 6.0

Qualification Requirements

In addition to the university admissions requirements, students must have:

a cumulative undergraduate grade point average of 2.75 (out of a possible 4.0). Students seeking admission to the GSU Master of Science in Mathematics program with a GPA lower than 2.75 may petition to the graduate program coordinator for admission.
submit a letter of application including a statement of personal interest in pursuing a master's degree in mathematics,
submit three professional or academic letters of reference
Students may apply for the Master of Science in Mathematics program at Governors State University with a baccalaureate degree in any field from an accredited university. An undergraduate major in mathematics, actuarial science, engineering, business, science, or computer science is recommended. Students must have completed, with a grade of C or higher, a three-semester sequence in calculus, a course in modern algebra, a course in linear algebra, and a course in analysis. Students may be conditionally admitted if they do not meet the undergraduate prerequisites for the graduate core courses.

For the IELTS, applicants must meet the minimum acceptable score of 6.0 academic version.
TOEFL Internet (iBT) - overall score 80 with minimum (Reading - 20, Writing - 20 , Listening - 20, Speaking - 20)
TOEFL -PBT - overall score 550 with minimum scores (Reading - 54, Writing - 58 , Listening - 55)

Tuition USD 17,363

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