The Master of Actuarial Science equips students with the data analytics and quantitative risk management training for an actuarial career, and careers in finance. This degree will provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment, and banking and in non-financial areas.

Degree Title: Master of Actuarial Science – MAS

Duration of the program: 1.5 year

Mode of Delivery

• Online/Distance Learning

Criteria for Admission:

• Must be a member of the Global Alliance for Innovation and Leadership (GAIL)

Formal Admission Requirements

• Bachelor’s degree or equivalent and submit transcripts
• Submit an Admission Application
• Submit an Admission Essay

We welcome applications from students who may not meet the formal entry criteria but who have relevant experience or the ability to pursue the course successfully. Applications are considered from candidates who do not meet the formal entry requirements but can provide evidence of equivalence. Examples of equivalence are:

• A wide range of professional qualifications and/or work experience.
• Working or studying in English or an English-speaking environment.

Applications will be considered from candidates who do not meet the formal entry requirements but who can demonstrate by interview the commitment to complete the program successfully.

This degree program is a total of 45 Credit Hours completed through 15 courses. The following is a list of all the courses required for the program:

Required Courses: 45 Credit Hours

Course Core

1. Accounting and Finance for Actuarial Science (3 Credit Hours)
2. Mathematical Statistics (3 Credit Hours)
3. Financial Mathematics (3 Credit Hours)
4. Contingencies (3 Credit Hours)
5. Actuarial and Financial Models (3 Credit Hours)
6. Stochastic Process (3 Credit Hours)
7. Survival Analysis (3 Credit Hours)
8. Economics (3 Credit Hours)
9. Linear Models and Applied Economics (3 Credit Hours)
10. Quantitative Risk Management (3 Credit Hours)
11. Micro Economics (3 Credit Hours)
12. Macro Economics (3 Credit Hours)
13. Corporate Finance (3 Credit Hours)
14. Investment Management (3 Credit Hours)
15. Insurance Risk Modeling (3 Credit Hours)

Degree Statement Description: 

In recognition of the satisfactory completion of all requirements during the study in preparation for graduation, upon recommendation of the faculty of Alison Pacific University (students name) is granted a “Master of Actuarial Science-MAS” given on this day (date).