Is this program right for you?
If you have completed your bachelor’s degree, have excellent math and statistical skills, seek a well-compensated profession in a growing field, and want to quickly launch your career, the UW-Madison Capstone Certificate in Actuarial Science is the perfect choice. Our accelerated program is designed to quickly prepare you to successfully pass the preliminary professional actuarial exams accepted by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA).
Actuarial science is consistently rated as a top career, with a higher-than-average increase in available positions of 18% over the next decade, as estimated by the Bureau of Labor Statistics. Actuaries will be needed to develop, price, and evaluate products for the insurance industry and to calculate the costs of new risks for businesses and industries.
You will learn from globally recognized faculty and through connections with leaders in risk management and insurance. Our inspired learning experience offers you opportunities to connect and grow your network, and to get hired into your first job as an actuary.
What you learn
- Solve problems using mathematics, statistics, risk management, finance, and economics
- Quantify risk for insurance companies, consulting firms, government agencies, or other organizations
Where & how you learn
- Take classes full-time to earn your certificate in two semesters: Fall and Spring
- Complete four core classes and one specialization course
- You may also elect to take courses that fulfill the Validation by Educational Experience requirements of the CAS/SOA
All applicants must:
- Have an undergraduate degree
- Provide a resume or CV and a statement of purpose describing your interest and goals in actuarial science and how the certificate will help you reach the goals
- Applicants may also include up to two letters of recommendation. These letters are not required but can be helpful by providing additional insight into applicant characteristics that are not apparent from a resume or transcript
- Submit transcripts from all universities attended and Test of English as a Foreign Language (TOEFL) scores if applicable
- Submit application materials before June 1 for fall admission or before November 1 for spring admission; international students must submit materials before May 1 for fall admission or before October 1 for spring admission
- For special consideration, submit materials before the priority deadline of April 15 for fall admission or before September 15 for spring admission