The Master of Science in Actuarial Science and Predictive Analytics will prepare you
to succeed in a market landscape that has increasingly adopted risk management practices
and data analytics.
This master’s provides an interdisciplinary foundation in actuarial science and predictive
analytics. Graduates are prepared to choose and defend the choice of mathematical
models and technologies to conduct predictive analysis, financial evaluations, and
risk management assessments.
Why Earn a Master's Degree in Applied and Industrial Mathematics?
The Master of Science in Actuarial Science and Predictive Analytics is designed to
build an interdisciplinary foundation in actuarial science with emerging technology,
predictive modeling, and curricular content and provide select, high quality programs
in professional fields. The program prepares students with a foundational understanding
in predictive analytics to ensure students stay current in the evolving actuarial
profession, prepare them for tomorrow’s challenge, and “continues to meet the needs
of employers and other users of actuarial services”.
Growing Demand for Actuaries in the Industry
According to U.S. News & World Report, the Jobs Rated Almanac and CNN Money, the field of actuarial science is growing and the demand for actuaries is on the
rise. The field continues to grow at a fast pace and demand for actuaries will continue
to increase. The U.S. Department of Labor predicted that employment of actuaries is
projected to grow 18 percent from 2014 to 2024.
A Reputation for Excellence
The undergraduate actuarial science and risk management program at Towson University is one of the best actuarial science programs in the country
— it is the only program in Maryland recognized as a Center of Actuarial Excellence
(CAE) by the Society of Actuaries and is one of only 16 CAEs in the country. The master’s program builds on this strong
foundation, with outstanding faculty and established internship connections.