For students that already have
an undergraduate degree
UT-Austin ranks as one of only about two dozen programs in the United States classified by the SoA and CAS as a Graduate Education or Graduate Education & Research program.
An actuarial Master's degree
The most complete program for a student that already has an undergraduate degree of some sort and wishes to prepare for a career as an actuary is the special focus on actuarial studies within the M.A. in Mathematics. Students in this program seek an M.A. in Mathematics while taking classes that are actuarial or actuarially oriented. Here are links to information on
Other graduate degrees
Alternatively, graduate students can take actuarial classes while pursuing some graduate degree not specifically emphasizing actuarial science. The majority of such students have sought an M.S. in Statistics, using Actuarial Studies as their formal minor.
Non-degree seekers
Many students that already have an undergraduate degree choose to participate in the Actuarial Studies program as a non-degree-candidate or---at least formally---as a seeker of a second undergraduate degree; such students typically follow the same pattern of classes as do undergraduate Mathematics majors.
Actuarial research and Ph.D. degrees
There is not a formal Ph.D. program in Actuarial Studies at The University, but students have occasionally received Ph.D.'s in various fields for actuarial research. Although none of the actuarial Mathematics faculty are currently active in actuarial research, there are faculty members in various areas such as risk management, computational finance, and statistics that are performing distinguished research in actuarial or actuarially related areas. Students interested in actuarial research should contact Professor Patrick Brockett, who heads the risk management program.
