Actuarial Science Concentration

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Chia Chun Lo, Faculty Director, 404-413-7484, clo5@gsu.edu

The MBA program provides the skills needed by future business leaders and future management consultants, such as creative decision-making, leadership, and the ability to work as a member of a team. The actuarial science concentration focuses on mathematical modeling. Qualified students who wish to acquire both sets of skills should enroll in the MBA program with a concentration in actuarial science. Applicants will be required to meet the admission requirements for both the MBA and the MAS programs.

Prerequisite Courses

The concentration in actuarial science requires students to have completed courses equivalent to the following with a minimum grade of C. These courses are described in the Course Descriptions chapter of the Georgia State University Undergraduate Catalog. This catalog is available on the web at catalog.gsu.edu.

MATH 4751 - Mathematical Statistics I
MATH 4752 - Mathematical Statistics II

Students with undergraduate actuarial science courses required who have financial aid should refer to “Courses Eligible to Count Toward Graduate Students’ Financial Aid” in the Financial Information chapter before registering for the first time with graduate status.

Required Courses (12 Hours)

The concentration in actuarial science requires 12 semester hours of courses selected from the following list:

AS 8140 - Probability 3 Credit Hours
AS 8230 - Financial Mathematics 3 Credit Hours
AS 8340 - Life Contingencies 3 Credit Hours
AS 8350 - Insurance Mathematics 3 Credit Hours
AS 8360 - Insurance Ratemaking 3 Credit Hours
AS 8430 - Loss Distributions and Credibility Theory 3 Credit Hours
AS 8810 - Analytic Methods in Actuarial Science 3 Credit Hours
ECON 8740 - Applied Statistics and Econometrics 3 Credit Hours
QRAM 8600 - Theory of Risk Sharing 3 Credit Hours
QRAM 8610 - Financial Engineering 3 Credit Hours
QRAM 8630 - Interest Rate Models 3 Credit Hours
RMI 8300 - Predictive Risk Modeling 3 Credit Hours
RMI 8400 - InsurTech: New Technologies in Insurance Markets 3 Credit Hours
RMI 8450 - Machine Learning in Actuarial Science and Risk Management 3 Credit Hours