About the course

Actuaries are professionals who use their strong quantitative skills to place a price on risk. Pricing risk allows insurance companies to provide coverage against a variety of loss events, occurrences that can range from a tree falling on a house to a satellite launch failing to a cargo ship sinking. The pricing of risk is also essential for governments to successfully provide social welfare programs and insurance protection against catastrophic risks such as flooding. The program consists of 10 courses for a total of 30 credit hours, and can be completed by full-time students in 18 months. With personalized career advising and referrals, a strong alumni network, speaker panels, networking events and two specialized career fairs each year, our students successfully connect with internship and job opportunities. Our graduates are working in the fields of enterprise risk management, corporate risk management, commercial underwriting, claims and brokerage, consulting and actuarial. Scholarships - View all scholarships Internships

　　

Start dates and prices

Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.

　　Duration: 18 Month(s)Fees: Not available

Intake	Location
Fall (August), 2024	New York
Spring (January), 2025	New York
Fall (August), 2025	New York
Spring (January), 2026	New York

　　

How to apply

Entry requirements for St. John's University

All candidates with strong quantitative skills are encouraged to apply for the MS-ACT program. Two semesters (at least six credit hours) of college-level calculus and one semester (at least three credit hours) of calculus-based probability courses are required. Applicants who have passed the professional exam Probability (Society of Actuaries Exam P/Casualty Actuarial Society Exam 1) will receive scholarships of at least $10,000 each if accepted. The highest level of scholarship, $35,000, can cover 90 percent of the program tuition.All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level. In addition to the application form and non-refundable application fee candidates should submit the following:

　　Statement of professional goals and resume which can be uploaded as part of the application for admission,

　　Official transcripts from all undergraduate, graduate and professional schools attended,

　　Official GMAT or GRE scores, taken within the last five years,

　　Two letters of recommendation, obtained from professional or academic references, and

　　Official TOEFL or IELTS scores are required for applicants whose native language is not English.

　　

English language requirements

　　6.0

　　Overall IELTS band score

　　Book IELTS

　　About IELTS

　　Practice and prepare

　　TOEFL Internet based overall score: 60.0

　　

Application deadline:

This date isn’t available – speak to an IDP counsellor to get detailed information.

　　

Further information

Career outcomes

　　

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