Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    International students can study the Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee at its main campus in Milwaukee , United States of America. This Master degree is available as a Full Time program delivered on campus in English. The program has a duration of 2 years and is offered at the university's main campus. Students can apply for the next intake starting on February 9, 2027.

    About Mathematics, MS: Actuarial Science

    Objective of Mathematics MS: Actuarial Science (Option D) The program provides a mathematically rigorous education in actuarial science, prepares students for actuarial professional exams, and develops their economics and business reasoning skills. Students obtain thorough knowledge in the fundamentals of actuarial science such as applied probability models, applied statistics, credibility, financial economics, life contingencies, loss models, and risk theory. Emphasis is placed on developing skills that are highly valued by employers and thus are essential for a successful career as actuary. This program is intended for students who will seek employment as an actuary upon completion of the degree. Those interested in entering the department's Ph.D. program should consider a different Master's option. Overview of Mathematical Sciences Department MS programs The Department of Mathematical Sciences offers graduate programs of study in mathematics with specializations in the fields of algebra, analysis, topology, applied mathematics, probability and statistics, and actuarial science. The programs of study at the master's level are designed to suit both the student intending to continue toward a PhD as well as the student who wishes to begin a professional career upon completion of the master's program. The student may prepare for a career in teaching at the secondary or college level and for a career in research in the academic, industrial, government, or business communities. Three options for the master's degree are offered: the standard mathematics option (A), the statistics option (B), and the actuarial science option (C). Students who plan to continue for a PhD degree with a focus on mathematics/statistics should elect an option from options A, B, C, or the dual master's degree option. Dual Master's Degree Option In addition to multiple options available for MS in mathematics, the Department of Mathematical Sciences at UWM and the Department of Technomathematics of Fachhochschule Aachen (FHA), Germany have recently created a Dual Master's Degree Program in Mathematics. The students enrolled in this program will be able to earn Master's degrees from both institutions upon completion of the common course requirements. The program is designed in such a way that students typically will be able to complete all the course requirements within a two-year time period (one year at each institution). Within this program students can choose courses that will allow them to concentrate in the areas of Statistics, Numerical Analysis or General Mathematics. Complete information on the admission policy and graduation requirements, including sample schedules, is available at the Department of Mathematical Sciences web page http://uwm.edu/math/graduate/.

    Requirements and Admission Criteria for Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    Entry Requirements

    • GPA of at least 3.0 during the last two years of the baccalaureate program (calculated on a minimum of 48 credits).
    • Completion of six or more credits of program-approved post-baccalaureate courses. These courses must be at the advanced undergraduate or graduate level, taken with the last five years with a grade of B or better (B- not acceptable).
    • Submission of official score reports from the Graduate Record Examination, the Graduate Management Admission Test, or the Miller Analogies Test that indicate competencies in areas related to the proposed graduate program. To be considered official, these scores must be sent directly from the testing agency to UWM, and must be received prior to admission.
    • Scores on tests developed by the proposed graduate program that demonstrate potential for success in that program. These scores must be submitted prior to admission.
    • Evidence of professional certification or licensure in a relevant area as determined by the proposed program and the Assistant Dean of Graduate Education.
    • A graduate degree with a minimum 3.0 GPA

    English Requirements

    • IELTSMin 6.5
    • TOEFLMin 79

    English Program Requirements

    1. A baccalaureate or higher degree awarded by UWM or another accredited institution where English is the language of instruction—as determined by the Center for International Education (CIE). Applicants whose native language is not English also must also have done both of the following:
      1. Attended this institution for at least one year.
      2. Received the degree within the previous two years of the application date OR lived and worked in the U.S. continuously since receiving the degree.
    2. Official TOEFL** (Test of English as a Foreign Language) results with a minimum required score of 79 on the Internet-based TOEFL (IBT) and a minimum recommended sub-score of 18 in each skill).
    3. Official IELTS** (International English Language Testing System) results with a minimum required score of 6.5, with a minimum recommended sub-score of 6.0 in each skill.
    4. Official CAE** (Cambridge English: Advanced, aka Certificate of Advanced English) or CPE** (Cambridge English: Proficiency, aka Certificate of Proficiency in English) results with a minimum required level of C1 and a minimum recommended score of 170 on any given language skill test.
    5. Official scores from another test deemed by UWM to be reliably equivalent to a C1 level in the Common European Framework of Reference for languages (CEFR). Procedures for determining CEFR equivalents are outlined in Appendix A.

    Tuition and Fee Information for Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    How to Apply for Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee

    Online Application

    Use the UWM Panthera Graduate Admission Application to apply.

    Application Fee
    • Application Fee

    You can pay the fee with a credit card in your UWM Panthera Graduate Admission Application or mail a check or international money order to the International Admission office.

    Reasons for Graduate Study Statement

    In your Panthera application, submit a statement that gives your reasons for graduate study. The statement is used to determine the appropriateness of UWM’s programs to your educational and professional goals and serves as an example of your ability to express yourself in writing. The following are required criteria for the statement:

    1. Explain your reasons for pursuing graduate study.
      Describe specific interests and your background in the field.
    2. List any relevant skills or training you have acquired.
    3. List relevant academic awards or honors you have received.
    4. If your program requires recommendations, list the names of those individuals who will write on your behalf.
    Evidence of English Proficiency

    Provide proof of English proficiency in one of the following ways:

    1. A TOEFL IBT, Academic IELTS, or CAE/CPE score that meets the requirement for admission; or,
    2. A bachelor’s degree (or its equivalent) or higher degree from UWM, or another approved institution where English is the sole language of instruction. The following criteria must also be met:
      1. you must have attended this institution for at least 1 year; and,
      2. your degree was received within two years of your application to UWM or your degree was not received within two years of your application to UWM but you have lived and worked continuously in the U.S. since receiving your degree.
      3. Please note-TOEFL scores must be sent via ETS to code 1473. This code is the same for both undergraduate and graduate study.
    Official Transcript(s) and Degree Certificate(s) from Post-Secondary Institution(s)

    Applicants must submit academic records from all post-secondary (university or college) education, whether or not the program was completed. For your application, you will be able to upload unofficial versions of your transcripts. If you are admitted, you will be required to submit an official version of your final degree-bearing transcript.

    Official records must be submitted in the native language and must be accompanied by an official English translation. Click here for further instructions about submitting transcripts.

    Program Specific Requirements
    • Individual graduate programs may require additional items for your application. For example, GMAT scores, GRE scores, letters of recommendation, portfolio, resume, department application, or writing sample.
    • Before you apply, you can find out about any additional requirements of your program by visiting the program’s website. If you have any questions about these program specific requirements, please contact your intended graduate program directly.
    Mathematics, MS: Actuarial Science at University of Wisconsin Milwaukee
    University of Wisconsin Milwaukee
    University of Wisconsin Milwaukee
    United States of America

    United States of America, Milwaukee

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