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Old 09-12-2017, 06:00 PM
Mitsu96 Mitsu96 is offline
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Default MS in Actuarial Science in USA

Hello everyone,

I am planning to do my Masters in Actuarial Science from USA. I understand that most people are against this...but if i need to get into this field...I need to start from somewhere. I did my Bachelors in a completely different field..and I need some sort of direction to get into this field...Hence, what some universities with good Master program in Actuarial Science? Need your honest opinion.

Thank you
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Old 09-12-2017, 06:24 PM
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redearedslider redearedslider is offline
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Probably not worth the cash unless you need sponsorship. If you do, maybe Columbia?
Originally Posted by Abraham Weishaus View Post
ASM does not have a discussion of stimulation, but considering how boring the manual is, maybe it would be a good idea.
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Old 09-18-2017, 11:21 AM
royevans royevans is offline
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go into computer science... idk how internationals even get jobs in actuarial science. much easier in CS to get sponsorship and get money (you can be dumb and get 80k+ outta college). In 3 years, only 3 exams will cross over from SOA to CAS, so you really won't have much of a distinguishing factor from most other candidates.
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Old 09-18-2017, 11:27 AM
jas66Kent jas66Kent is offline
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No point in doing it in the US.

From an academic standpoint, all Actuarial schools in the US are basically crap.

I would only look at UK schools(Kent, Cass, Heriot Watt) if I were you, and possibly Waterloo.

The rest are simply not worth even mentioning.
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Old 09-23-2017, 11:33 AM
Academic Actuary Academic Actuary is online now
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I think he is more interested in getting a job than a quality education. There are two advantages of a Masters. It can be specified if a position is advertised for visa purposes. Another advantage is some companies will only offer internships to students that have not yet graduated. That said he/she would probably have better job prospects with computer science, unless the current degree is also in computer science.
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Old 09-25-2018, 11:11 AM
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bjc2142 bjc2142 is offline
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Act Sci MS in US can help you get a job for career changers and international students. Due to timing of recruiting seasons, you will want to have at least 1-2 exams passed (2-3 for internationals) before starting school. Otherwise, you will struggle to get internship shortly after school starts in fall.

Career changers with US citizenship/green card will usually be successful. International students will need both skills (technical/communication) + luck to get a job.

Those who say Act Sci MS isn't worth it is talking more about education quality/level but not really talking purely about chance of securing a job in US. I agree that act sci MS is more like bachelor level/test prep level and seen as cash cow (it really is in most schools), but another opportunity to get internship during school, exclusive networking opportunities, and OPT MS pool for international students could be worth it.

However, I would only recommend it to career changer who are dead set on pursuing actuarial career. I've seen plenty of international students who failed to get a job here and left US. Others ended up getting job in risk management or data analytics, so for those who aren't sure about career doing stat/DS MS and taking actuarial exam at the same time might open more doors (given you have prereq for stat/DS MS)
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