Master of Science in Actuarial Mathematics & Quantitative Risk
Talk to ExpertMaster of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Overview
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
Stevens Institute of Technology offers a 18 to 24 months Master of Science in Actuarial Mathematics and Quantitative Risk at the PG level. The course is among the popular program that international students want to study abroad.
International students are required to take exams such as IELTS, TOEFL, GMAT and GRE to meet the basic eligibility criteria by submitting valid scores. Students must pay the Stevens Institute of Technology tuition fees of USD 42,988 for the Master of Science in Actuarial Mathematics and Quantitative Risk. Additionally, they should plan for other expenses, including accommodation, hostel fees, food, books, supplies, and utilities. The estimated Stevens Institute of Technology cost of living is USD 22,660.
Duration | 1.5 - 2 years |
Tuition & Fees | ₹38.14 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Actuarial Mathematics & Quantitative Risk
Table of content
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Fees
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
For enrolling at the Stevens Institute of Technology, for Master of Science in Actuarial Mathematics and Quantitative Risk, students must pay the tuition and living cost. Moreover, the Stevens Institute of Technology Master of Science in Actuarial Mathematics and Quantitative Risk fee structure can vary from domestic to international students.
International students must pay the USD 42,988 for the first year. Along with this, they must be ready for other costs of living such housing, food, transportation, books and supplies, and other miscellaneous expenses. The average Stevens Institute of Technology cost of living for international students is USD 22,660. Check out Stevens Institute of Technology Master of Science in Actuarial Mathematics and Quantitative Risk on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 38,14,325 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 20,10,622 |
| Insurance | INR 1,88,551 |
Calculated at the exchange rate of 1 USD = INR 88.73 | Tuition & expenses were last updated on 13ᵗʰ December 2024Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GMAT
GRE
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Entry Requirements
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Read less
- A bachelor's degree with a minimum GPA of 3.0, from an accredited institution, is required
- Applicants with an undergraduate degree in mathematics, applied mathematics, or statistics can apply
- Applicants with a solid mathematical and/or finance background who aspire to thrive in actuarial industries are welcomed
- Ideal candidates will have a knowledge of linear algebra, probability, and statistics, as well as calculus equivalent to the level of MA 547 Advanced calculus
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GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 86/120
-
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
- NA
PTE
- No specific cutoff mentioned
IELTS
- Marks - 7/9
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- NA
Duolingo
- No specific cutoff mentioned
Other eligibility criteria
Applicants who meet one or more of the following criteria can petition to waive the proof of English proficiency requirement if, prior to matriculation at Stevens, they will have:
Earned a Bachelor's degree from a college/university outside the U.S. that uses English as the language of instruction
Completed two years of full-time graduate study at a college/university outside the U.S. that uses English as the language of instruction
Earned a master's degree from a college/university outside the U.S. that uses English as the language of instruction
Meeting one or more of the above criteria makes applicants eligible to petition to waive the proof of English proficiency requirement waived, but it does not guarantee that they will be granted a waiver
Even if a waiver is granted, applicants will still be required to complete the Stevens English Communication Proficiency Exam (ECPE) upon arrival to campus
Applicants who petition to waive the proof o
Conditional Offer
- Not mentioned
Sign-up to view details
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Application Process
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
Step one
Prepare documents for application
SOP
- A statement of purpose is required
- Applicants can submit an optional one to two-page personal statement to the admission committee in the following order:-
- Past: What have your educational and work experiences been thus far? What has led you to this point in your life?
- Present: Why are you applying to graduate school? Why are you choosing this institution? Why are you choosing this program?
- Future: What are your career goals? How will this degree help you to attain them?
LOR
04/15/2024,11/01/2024
Step two
Additional documents required
- Official college transcripts
- A competitive GRE or GMAT score
- ELP scores
- Financial Documentation Form
Step three
Application fees for this course
USD 60 = INR 5.32 Thousand
Mode of payment: Credit card, Debit card, Wire money transfer
- Students can pay their fees in the following installment plan:
- Spring:
- 5 payment plan is December 1 to April 1
- 4 payment plan is January 1 to April 1
- The last day to enroll in the payment plan is January 17
- Summer:
- 4 payment plan is May 1 to August 1
- 3 payment plan is June 1 to August 1
- The last day to enroll in the payment plan is May 31
- Fall:
- 5 payment plan is July 1 to November 1
- 4 payment plan is August 1 to November 1
- The last day to enroll in the payment plan is September 13
- Spring:
- The Payment Plan is interest-free with a $50 enrollment per semester
Step four
Application deadline
Fall (Sept): 15th Apr
Spring (Jan): 1st Nov
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Rankings
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #71 | |
| #176 |
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Placements
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Stevens Institute of TechnologyStudents Ratings & Reviews
4.3/5
3 Verified ReviewsVibe of Campus
- Friendly
- Academically oriented
- Multi-dimensional
- Sporty
Student Views
- 33% students never faced discrimination in this university
Internships4
Part time work3.3
Post study jobs4.7
Quality of faculty4.7
Student Life4.3
Value for money4.3
Public transportation4.3
Safety5
Indian Food4.7
Permanent Immigration4
A
Anudeep Reddt
Master of Science Business Intelligence & Analytics - Batch of 2026
Offered by Stevens Institute of Technology
5
Stevens Institute of Technology is good and helps us to be career focused.
Tips: Before joining Steven's students should know that it is academically rigorous with its strong focus on STEM and business. Its proximity to New York City offers great career opportunities but the cultural shift can be noticeable scholarships are competitive, and the career services are excellent. The faculty are very knowledgeable and will help you with anything. There are lots of seminars held on our college campus to explore our potential and make connections.
Reviewed on 23 Sep 2024Read more
D
Deep shah
Bachelor of Engineering in Mechanical Engineering - Batch of 2026
Offered by Stevens Institute of Technology
4.2
Grateful for the experiences yet excited for more growth and learning.
Tips: The environment is friendly and welcoming but it is also competitive and I feel this has been beneficial in my case as it has pushed me to bring out the best of my potential. Our faculty is truly involved in everything we do and you can expect to learn a lot. They are knowledgeable and will help you to understand each topic thoroughly by helping with assignments. Try to maintain a healthy work-life balance.
Reviewed on 9 Jul 2024Read more
S
Sri Dhanush Reddy Kondapalli
M.S. in Cybersecurity - Batch of 2023
Offered by Stevens Institute of Technology
3.8
Good return on investment.
Tips: This course is little expensive than others but could cover this cost of post graduation with a competing job.
You must be proactive in searching for jobs if you are going for Cybersecurity degree since they do a different and difficult recruiting process for it. Overall it is a good college.
Likes (Safety): It is a very safe locality with cops patrolling 24/7 around campus, there is a separate police and emergency line for the students, and they are available and very helpful when in need, which I experienced first hand. There are also safety drills conducted.
Dislikes (Part time work): There are very few openings on part time since it is a small campus they do not recruit many students and our cost of living here is very expensive. So it is a little frustrating as I am in my 2nd year and still did not get any part time in the University.
Reviewed on 27 Aug 2022Read more
A
Anonymous
Master of Engineering in Engineering Management - Batch of 2026
Offered by Stevens Institute of Technology
4.8
The campus is vibrant, and the staff are friendly and understanding.
Tips: The campus is vibrant, and the staff are friendly and understanding. There are various activities on campus throughout the year, offering opportunities to make great friends. The staff are also always ready to assist with your curriculum and career goals.
Likes (Public transportation): The NJ Transit connectivity is reliable and convenient, making daily commutes smooth and efficient. Additionally, the availability of other public transportation options, such as ferries and buses, adds to the ease of getting around, making travel flexible and well-connected.
Dislikes (Permanent Immigration): This place offers incredible opportunities to learn, grow, and gain valuable experience, and for that, I'm truly grateful. However, while it's been a great chapter, I don't see it as a place to settle down long-term. I'm looking for a place that feels more aligned with my future.
Reviewed on 14 Aug 2025Read more
A
Anonymous
M.S. in Computer Engineering - Batch of 2026
Offered by Stevens Institute of Technology
3.4
The university is very good and really gets into the practical subjects.
Tips: There are plenty of opportunities if you study for a master's in CS here. The environment of the university itself is also suitable for studying for a master's. In addition, the classes are good, the faculty is very understanding and helps us with our projects, and it's a good university to attend, as we have numerous events and club activities hosted on campus.
Reviewed on 30 Jun 2025Read more
View All 6 Reviews
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Highlights
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
- This program is designed to provide a solid academic foundation in the fundamental concepts of actuarial science with an emphasis on mathematical methods and ensuing models to evaluate, manage and control actuarial risk
- The actuarial mathematics and quantitative risk master's program introduces insurance strategies and their financial instruments through six core courses and four elective courses
- Actuarial techniques are developed through kernel courses on actuarial science and seminars by leading scholars from the academic community and senior practitioners from the insurance industry
Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Scholarships
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
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About the author
Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio
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Master of Science in Actuarial Mathematics & Quantitative Risk at Stevens Institute of Technology Contact Information
Master of Science in Actuarial Mathematics & Quantitative Risk
at Stevens Institute of Technology
Address
1 Castle Point Terrace
Hoboken, New Jersey 07030
Hoboken ( New Jersey)
Phone
Email
Go to College Website ->