Dual Degree, M.A.S./Q.R.A.M.

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Degree Requirements

This section is applicable to students interested in the dual degree program Master of Actuarial Science and Master of Science in Quantitative Risk Analysis and Management. Students interested in the Master of Actuarial Science should go to Section 2 above. Students interested in the dual degree program Master of Actuarial Science and Master of Science in Analytics should go to Section 4 below.

Course Requirements

Required Technical Support Courses

ECON 8740 - Applied Statistics and Econometrics 3 Hours
MSA 8010 - Data Programming for Analytic 3 Hours

Required Courses in the Dual Degree Program

AS 8340 - Life Contingencies 3 Hours (Students who have completed AS 4340 and/or AS 4350 or their equivalents must substitute appropriate 8000-level actuarial science courses for AS 8340 and/or AS 8350 . The substitutions must be selected from section C below in consultation with the Faculty Director)
AS 8350 - Insurance Mathematics 3 Hours (Students who have completed AS 4340 and/or AS 4350 or their equivalents must substitute appropriate 8000-level actuarial science courses for AS 8340 and/or AS 8350 . The substitutions must be selected from section C below in consultation with the Faculty Director)
AS 8360 - Insurance Ratemaking 3 Hours
AS 8430 - Loss Distributions and Credibility Theory 3 Hours
ECON 8780 - Financial Econometrics 3 Hours
QRAM 8600 - Theory of Risk Sharing 3 Hours
QRAM 8610 - Financial Engineering 3 Hours
QRAM 8630 - Interest Rate Models 3 Hours
QRAM 8640 - Advanced Credit Risk Models 3 Hours
MSA 8200 - Econometric Predictive Analytics 3 Hours (alternatively, students can take ECON 9720 - Econometrics II )
RMI 8300 - Predictive Risk Modeling 3 Hours

Elective Courses in the Dual Degree Program

Students should consult with the program directors for the Master of Actuarial Science and Mathematical of Quantitative Risk Analysis and Management programs prior to beginning their elective coursework and may select from among the following courses:

Students may select, with the prior approval of both Faculty Directors for the dual degree program, electives other than those shown above if they can demonstrate the course(s) will better meet their educational objectives.

Any of the 8000 level QRAM or MAS classes not listed as a required course
ECON 8860 - Economics of Global Finance 3 Hours
FI 8020 - Financial Analysis and Loan Structuring 3 Hours
FI 8240 - Global Portfolio Management 3 Hours
FI 8260 - Hedge Funds And Their Trading Strategies 3 Hours
FI 8300 - Advanced Corporate Finance 3 Hours
FI 8310 - Investment Banking 3 Hours
FI 8320 - Corporate Financial Strategy 3 Hours
FI 8400 - Financial Management of Depository Institutions 3 Hours
FI 8460 - Introduction to FinTech 3 Hours
FI 9100 - The Theory of Asset Valuation 3 Hours (Requires consent of instructor.)
MSA 8040 - Data Management for Analytics 3 Hours
MSA 8050 - Scalable Data Analytics 3 Hours
MSA 8100 - Optimization Methods in Analytics 1.5 Hours
MSA 8150 - Machine Learning for Analytic 3 Hours
MSA 8190 - Statistical Foundations for Analytics 3 Hours
MSA 8250 - Data Visualization 1.5 Hours
MSA 8760 - Risk Analytics 3 Hours
MSA 8770 - Text Analytics 3 Hours
MSA 8780 - Marketing Analytics 3 Hours
RMI 8150 - Corporate Risk Management 3 Hours