Learn to use mathematics, statistics and financial theory to study uncertain future events, particularly those that are insurable.
The Actuarial Science program in the Tobin College of Business at St John’s University is recognized by the Society of Actuaries as a Center of Actuarial Excellence and is a recipient of the University Award from the Casualty Actuarial Society. Since Fall 2022, students can earn exemption from certain SOA exams. Students learn not only quantitative analysis skills in preparation to pass professional examinations but also earn an undergraduate degree in business, which provides them with an education in accounting, finance, management, marketing, risk management and computer information systems. Leveraging St. John's metropolitan location, students have access to the university's longstanding relationships with leading New York-area firms and an outstanding network of alumni and industry professionals. The School of Risk Management, which houses the actuarial science program, awards scholarships to the program, provides extensive out of-the-classroom learning opportunities, and assists students in finding internships and professional positions upon graduation.
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ACT 3335 & 3336 EXAM LTAM
Fast-Track programs are cost-efficient and time-saving ways to provide students the opportunity to advance to a master’s degree from their B.S. in Actuarial Science. Students who select a fast-track into an advanced degree must complete an online application and must meet the admission standards for that graduate program. Students should seek early program guidance from their adviser in anticipation of applying to a Fast-Track Program. Available Fast Track programs for Actuarial Science major are:
VEE – Validation by Educational Experience Courses
VEE credits are earned by taking accredited courses (above) & obtaining a B- or better
VEE E – Economics
VEE MS – Mathematical Statistics
VEE F – Corporate Finance
VEE A – Accounting
Starting Fall 2022, students can earn exemption from the SOA preliminary exams by achieving outstanding performance in certain actuarial courses as follows.
Exam FM: ACT 2334
Exam SRM: ACT 3349
Exam FAM-S: ACT 4347/4348
Exam ASTAM: ACT 4347/4348.
These courses have earned UEC (University-Earned Credit) status from the SOA.
One of 19 Actuarial Programs in the US to hold the Center of Actuarial Excellence distinction
Students will be prepared to:
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Actuaries are professionals who use their strong quantitative skills to place a price on risk. Pricing risk allows insurance companies to provide coverage against a variety of loss events, occurrences that can range from a tree falling on a house to a satellite launch failing to a cargo ship sinking. The pricing of risk is also essential for governments to successfully provide social welfare programs and insurance protection against catastrophic risks such as flooding.
The Advanced Certificate in Risk Management is a 15-credit graduate program designed to develop foundational skills in the critical functions necessary for success in risk management. The advanced certificate program will sharpen your skills in planning, forecasting, decision-making, and implementation through case studies and hands-on exercises.
The Certificate in Risk and Insurance is a two semester 24-credit certificate program, based at the Manhattan campus, and admits students in the fall semester.
Build the skill set for a risk management process, highlighting leadership and governance risk, and addressing strategic risk management with an M.B.A concentrating on Enterprise Risk Management from St. John's University.
The Master of Science in Enterprise Risk Management (M.S. E.R.M.) provides an opportunity to study one of the most important topics in today's business world, in New York City, with several of the world's most renowned risk scholars.
Learn how to assist clients in managing strategic, financial, operational, technological, compliance, and reputational risk with an M.B.A. concentrating on Risk and Financial Advisory from St. John’s University.
Earn your dual degree from St. John's University!
This degree program teaches students the skills necessary to master the financial, legal, and economic theories at the heart of corporate risk management.
The 30-credit Master of Science in Risk Management and Risk Analytics program prepares graduates to thrive in professional positions in the insurance industry.
The minor in risk management provides an introduction to the knowledge, skills, and competencies needed for success in risk management, including the methods of developing financial protection against loss, with an emphasis on insurance principles and solving risk management issues.
Learn how to to identify liabilities and mitigate risk with with an M.B.A concentrating on Risk Management and Insurance from St. John’s University.
The Office of Student Financial Services is committed to providing students and their families with the information they need to navigate and understand the financial aid and payment process.
St. John’s offers a free online application for all 100+ undergraduate programs, and graduate applications carry a low cost for most programs.