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M.S. Actuarial Science Graduate Student FAQ
The GMAT should not be submitted as it does not sufficiently distinguish mathematical strength. The general GRE (not the subject test) is strongly recommended. Most of those whom we admit have scored 800 on the quantitative section; it is difficult to evaluate an application without a GRE score. If you are applying for financial aid you will be at a severe disadvantage if you have not submitted the general GRE score. If you have taken any GRE subject tests send those scores, but subject tests are not required and not usually part of an application. While not an absolute requirement, most of our students have had an undergraduate GPA of 3.5 or better in a highly quantitative/analytic major such as mathematics, statistics, physics, engineering or quantitative economics. At an absolute minimum we expect a strong background in Calculus (3 semesters) and Linear Algebra. Mathematical Probability (or Mathematical Statistics) and Differential Equations are strongly desired, but can be made up if necessary by an otherwise strong applicant. A degree in mathematics is not required. The Graduate School requires a GPA of 3.0 or higher on your transcripts. If you have studied 3 years at an English-speaking university and received a degree, you may be eligible for a TOEFL exemption. Contact the Graduate School for details. Yes. All our financial aid is in the form of Teaching Assistantships, which include a tuition waiver. In most years we support 8 - 12 actuarial students out of about 40 enrolled. We cannot estimate your chances without seeing your full application. Decisions are based on academic record, letters of recommendation, and when available, standard test scores. Financial aid is also based on ability to teach in English. International students must pass an English teaching test administered by the International Teaching Assistant Program |
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