Dual Degree in Actuarial Science/Quantitative Risk Analysis Management, M.A.S./QRAM

Introductory Courses (take all courses except as noted)

Note: Introductory courses are required, but students with prior mastery of any such course (as determined by the program dirctor at the time of admission) should replace it with an elective courses from insurance, actuarial & analytics, or financial & risk.

• AS 8140 - Probability 3 Credit Hours
• AS 8230 - Financial Mathematics 3 Credit Hours
• ECON 8740 - Applied Statistics and Econometrics 3 Credit Hours
• MSA 8010 - Data Programming for Analytic 3 Credit Hours

Core Requirements (8 courses, 24 hours)

• AS 8340 - Life Contingencies 3 Credit Hours
• AS 8360 - Loss Modeling and Ratemaking 3 Credit Hours
• ECON 8780 - Financial Econometrics 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 8370 - Financial Risk Management 3 Credit Hours
• RMI 8450 - Machine Learning in Actuarial Science and Risk Management 3 Credit Hours

Insurance Electives (at least 1 course, 3 credit hours)

• RMI 8070 - Insurance Institutions and Operations 3 Credit Hours
• RMI 8120 - Commercial Insurance Coverages: Applications and Emerging Issues 3 Credit Hours
• RMI 8400 - InsurTech: New Technologies in Insurance Markets 3 Credit Hours

Actuarial & Analytics Electives (at least 1 course, 3 credit hours)

• AS 8350 - Advanced Life Contingencies 3 Credit Hours
• AS 8370 - Health Insurance & Risk Management 3 Credit Hours
• AS 8430 - Advanced Loss Modeling 3 Credit Hours
• AS 8810 - Analytic Methods in Actuarial Science 3 Credit Hours
• MSA 8200 - Econometric Predictive Analytics 1.5 Credit Hours

Financial & Risk Electives (at least 1 course, 3 credit hours)

• AS 8510 - Mathematical Finance for Actuaries 3 Credit Hours
• FI 8020 - Financial Analysis and Loan Structuring 3 Credit Hours
• FI 8240 - Global Portfolio Management 3 Credit Hours
• FI 8260 - Hedge Funds And Their Trading Strategies 3 Credit Hours
• FI 8460 - The FinTech Ecosystem 3 Credit Hours
• QRAM 8600 - Theory of Risk Sharing 3 Credit Hours
• QRAM 8640 - Advanced Credit Risk Models 3 Credit Hours
• RMI 8350 - Enterprise Risk Management 3 Credit Hours

English Communication (if desired, no MAS credit)

• ESL 7250 - Academic Listening/Speaking for Graduate Students 3 Credit Hours
• ESL 7350 - Academic Writing for Graduate Students 3 Credit Hours