Overview

The Master of Science in Actuarial Science and Predictive Analytics at Towson University is designed to provide a robust interdisciplinary foundation that merges actuarial principles with advanced data analytics. This programme prepares graduates to adeptly select and justify mathematical models and technologies for conducting predictive analyses, financial evaluations, and comprehensive risk assessments. With the growing significance of data in decision-making processes across various sectors, the skills acquired through this master's programme are increasingly sought after in the job market.

Why Actuarial Science and Predictive Analytics at Towson University?

Towson University boasts a distinguished reputation in the field of actuarial science. Its undergraduate programme is recognised as a Centre of Actuarial Excellence (CAE) by the Society of Actuaries, marking it as one of the premier programmes in the United States. This accolade is shared with only 16 other institutions nationwide, underscoring the quality of education provided. The master's programme builds on this strong foundation, offering access to experienced faculty and established industry connections that enhance learning and career opportunities.

Tuition Fee Breakdown

The tuition fees for the Actuarial Science and Predictive Analytics programme are structured as follows:

International Fee: USD 22,860 per year
National Fee: USD 22,860 per year
Local Fee: USD 12,636 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum is designed to provide a comprehensive understanding of both actuarial science and predictive analytics. Key modules include:

Fundamentals of Actuarial Science
Predictive Analytics Techniques
Risk Management Strategies
Financial Modelling and Evaluation
Capstone Project in Actuarial Practice

This structured approach ensures students gain both theoretical knowledge and practical experience, preparing them for the challenges of the actuarial profession.

Industry Demand

The demand for actuaries continues to rise, reflecting the increasing reliance on data analytics in various industries. According to projections from the U.S. Department of Labor, employment opportunities for actuaries are expected to grow significantly, with an estimated increase of 18 percent from 2014 to 2024. This trend highlights the importance of equipping graduates with the skills necessary to thrive in a dynamic job market.

Careers with Actuarial Science and Predictive Analytics

Graduates of the Actuarial Science and Predictive Analytics programme at Towson University are well-prepared for a variety of roles within the industry. Alumni have successfully secured positions in leading firms, engaging in roles such as actuaries, data analysts, and risk management consultants. The programme's strong emphasis on practical experience and industry connections provides graduates with a competitive edge in the job market, enabling them to excel in diverse sectors such as finance, insurance, and consulting.

Programme Structure

Courses include:

Mathematical Finance

Risk Management And Financial Engineering

Loss Models

Enterprise Risk Management

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-08-25 00:00:00
- Apply before 2026-08-01 00:00:00
Starting 2027-01-26 00:00:00
- Apply before 2026-12-15 00:00:00

Language

English

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Credits

30 SCH

Delivered

On Campus

Campus Location

Towson, United States

Disciplines

Data Science & Big Data Actuarial Science Data Analytics View 84 other Masters in Actuarial Science in United States

Join for free or log in to access our complete career info list.

Academic requirements

GPA

English requirements

Duolingo English Test

115

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

PTE Academic

Schedule a PTE test!

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

No GRE scores are required.

A baccalaureate degree in mathematics or science (or a related field) from a regionally accredited college or university.

A minimum undergraduate GPA of 3.00 (on a 4-point scale) is required for full admission to the program, and 2.75 is required for conditional admission. GPA calculations may be based upon the cumulative units or the last 60 units of the degree. See graduate admission policies for more information.

At least three terms of undergraduate courses in calculus, calculus based probability, mathematical statistics, and linear algebra. (NOTE: Students with any deficiency in their mathematical background may be admitted conditionally if they are willing to correct such deficiency.

A strong mathematics background as demonstrated through grades in mathematics courses; an undergraduate B.S. thesis focused on mathematics, sciences, or risk analysis; or work experience involving actuarial science.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

40050 USD / year

≈ 40050 USD / year
Out-of-State

40050 USD / year

≈ 40050 USD / year
Domestic

Applies to you

In-State

22170 USD / year

≈ 22170 USD / year

Living costs

Towson

United States

1797 - 3043 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

MPOWER Financing No cosigner. No collateral. No hidden fees.

Check your Eligibility

Get the funding you need to study in the U.S. or Canada - with a process that's fast, simple, and built for international students.

Flexible loans from US$2,001 to US$100,000
Fixed interest rates -- no inflation surprises
No upfront fees or prepayment penalties
Accepted at 500+ universities across the U.S. & Canada
100% online application -- instant conditional offer
Free visa & career support through our Path2Success program

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science and Predictive Analytics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Towson

Financing

Funding

Scholarships Information

Available Scholarships

Our partners