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
Master of Science in Actuarial Mathematics & Quantitative Risk offered at Stevens Institute of Technology is a PG course, which is considered the top-ranked course across the university and the country. Students who want to apply, can take up the course within the duration of 18 to 24 months. International students applying at for this course need to submit the necessary documents as per the department and the course. International students need to submit qualification proofs along with test scores of exams including IELTS, TOEFL, GRE, GMAT and PTE. The Stevens Institute of Technology tuition fee for Master of Science in Actuarial Mathematics & Quantitative Risk for the first-year international student is USD 42,988 (INR 4,126,418). In addition to the tuition fees students need to look into other various factors that are necessary to manage their stay during the study at the university, which include the other necessary costs like:
- Accommodation costs
- Hostel fees
- Food
- Books
- Supplies
- Utilities, etc.
Duration | 1.5 - 2 years |
Tuition & Fees | ₹41.19 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 contents
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
Students interested in pursuing a Master of Science in Actuarial Mathematics & Quantitative Risk from Stevens Institute of Technology must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in USA such as rent, food, medical, travel & other expenditures. The overall estimated cost of living students can expect to incur is around USD 22,660 (INR 2,175,133). The cost may vary as per the lifestyle being pursued by the students & some other fees that may be charged by Stevens Institute of Technology over the duration of studies. The first year tuition fee for Master of Science in Actuarial Mathematics & Quantitative Risk is around USD 42,988 (INR 4,126,418). For a more detailed fee breakdown regarding the Master of Science in Actuarial Mathematics & Quantitative Risk from Stevens Institute of Technology, refer the table given below:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 41,19,132 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 21,71,293 |
| Insurance | INR 2,03,619 |
Calculated at the exchange rate of 1 USD = INR 95.8205 | Tuition & expenses were last updated on 28ᵗʰ July 2026Download 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
3 year degree accepted
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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
TOEFL
- Marks - 86/120
-
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-
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
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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 5.74 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 |
|---|---|
| #74 | |
| #201 |
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
4 Verified ReviewsStudent Views (Based on Reviews)
- 50% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Multi-dimensional
Sporty
Internships4.3
Part time work3.5
Post study jobs4.8
Quality of faculty4.8
Student Life4.5
Value for money4.5
Public transportation4.5
Safety5
Indian Food4.3
Permanent Immigration3.5
J
Jickson Charles Daniel
Master of Engineering in Engineering Management - Batch of 2026
4.4
Great college and great experience.
Tips: It's gonna be a cultural reset but it's gonna be fun joining different club events and also the faculty members are very helpful to your needs. The people around you, be it the students or the members, are gonna motivate you to strive harder and harder each day.
Likes (Internships): I have a great connection here for my internship search through college career fest and other supporting alumni groups that guide us through the process and help us bag an internship, end of the day so getting an internship is gonna be easy, keeping you put in the work for it.
Dislikes (Permanent Immigration): Keeping the current government situation in mind I don't feel a permanent settlement here is gonna be easy. The visa situation is pretty bad when it comes to the H1B so not sure how things are going to turn out. But still the OPT of three years are well enough to get your ROI.
Total Monthly ExpenseUSD 1000
Prepping time for classes26 hours/Week
Expected Annual SalaryUSD 80000
A
Anudeep Reddt
Master of Science Business Intelligence & Analytics - Batch of 2026
5.0
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.
Total Monthly ExpenseUSD 850
Prepping time for classes21 hours/Week
Expected Annual SalaryUSD
D
Deep shah
Bachelor of Engineering in Mechanical Engineering - Batch of 2026
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. 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.
Total Monthly ExpenseUSD 5750
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD 92925
S
Sri Dhanush Reddy Kondapalli
M.S. in Cybersecurity - Batch of 2023
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.
Total Monthly ExpenseUSD 145
Prepping time for classes6 hours/Week
Expected Annual SalaryUSD 80739
(1) 1 person found this helpfulA
Anonymous
M.S. in Computer Engineering - Batch of 2026
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.
Total Monthly ExpenseUSD 8500
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD 83800
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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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
(201) 216-3859
(For general query)
(888) 783-8367
(For admission query)
Email
gradacademics@stevens.edu
(For general query)
graduate@stevens.edu
(For admission query)
Go to College Website ->