Richard George doesn’t like uncertainty.
“I like things laid out and predictable,” George says. His bachelor’s degree in Mathematics fed that need—what’s more predictable than math? But when he sought to expand his career into something new, he found himself studying a subject that tries to make sense of uncertainty: actuarial science.
“Actuarial science aims to quantify uncertainty by integrating probability and statistics with risk management and insurance,” says Krupa Viswanathan, academic director of the Actuarial Science program at the Fox School. It takes the predictable methodology of mathematics and applies it to risk, a field full of uncertainty.
For George, actuarial science was a career path that played to his strengths: analytical skills, business acumen and a love for math. The highly regarded program at Fox was a big part of his decision. “Temple has a reputation for producing high-quality, employable people from the actuarial science program,” he says.
The reputation is hard-earned and well-deserved. The program was redesignated as a Center of Actuarial Excellence (CAE) by the Society of Actuaries earlier this year, having first received the distinction in 2009.
To be recognized as a Center of Actuarial Excellence, the Society of Actuaries evaluates a program based on its “high-quality graduates that are desired in the workplace … a connection to the industry,” as well as “research and other professional contributions.”
The designation is a high bar that the program continues to meet and exceed, in the eyes of students, employers and industry professionals alike. “When employers come to Temple, they have a high standard,” says George.
Viswanathan, who has been a faculty member at the Fox School for over 20 years and is also an associate of the Society of Actuaries, believes that having the master’s program within a business school plays a large part in its success.
“By being a part of Fox, our actuarial science students can learn critical concepts from various business courses,” Viswanathan explains. “Actuaries are also businesspeople. The knowledge our students gain from Fox professors is valuable to their entry into the business world.”
George, who graduated from the program in 2018 and is now an actuarial assistant at John Hancock, agrees. The faculty and administrators helped him navigate his degree program to get the most benefit. “Fox really provided a path for me to follow. I wanted to get an internship, participate in extracurriculars and create a resume that would make me hirable.”
George saw the program’s commitment to successful student outcomes, especially support from the Fox Center for Student Professional Development (CSPD), as critical in his success.
“The Fox School grooms you to be hired from day one,” he says. “Actually, from before day one, as there are professional development opportunities and activities before starting the actuarial science program. The Fox School really lays out the path from degree to getting an internship to getting a job for you.”
Viswanathan shared that in actuarial science, there isn’t always a right answer.
“While mathematics can be about getting the right answer, sometimes there is no correct answer when we are dealing with uncertainty. Building the confidence to explore methodologies and assumptions, and being curious, can help create a successful actuary,” she says.
Learn more about the Master of Science in Actuarial Science program.
For more stories and news, follow the Fox School on LinkedIn, Twitter, Facebook and Instagram.
-
Hidden
Program of Interest*
Program of InterestActuarial Science
- First Name*
- Last Name*
- Email Address*
- Country*
CountryUnited StatesAfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, the Democratic Republic of theCook IslandsCosta RicaCote d'IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly See (Vatican City State)HondurasHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, the former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinePanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRwandaSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofViet NamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabwe
- State
StateArmed Forces AmericasArmed Forces EuropeAlaskaAlabamaArmed Forces PacificArkansasAmerican SamoaArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaFederated MicronesiaGeorgiaGuamHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMarshall IslandsMichiganMinnesotaMissouriNorthern Mariana IslandsMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaPuerto RicoPalauRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUnited States Minor Outlying IslandsUtahVirginiaUS Virgin IslandsVermontWashingtonWisconsinWest VirginiaWyomingAustralian Capital TerritoryNew South WalesNorthern TerritoryQueenslandSouth AustraliaTasmaniaVictoriaWestern AustraliaBeijingTianjinHebeiShanxiNei MongolLiaoningJilinHeilongjiangShanghaiJiangsuZhejiangAnhuiFujianJiangxiShandongHenanHubeiHunanGuangdongGuangxiHainanChongqingSichuanGuizhouYunnanXizangShaanxiGansuQinghaiNingxiaXinjiangChinese TaipeiHong KongMacaoAcreAlagoasAmazonasAmapáBahiaCearáDistrito FederalEspírito SantoGoiásMaranhãoMinas GeraisMato Grosso do SulMato GrossoParáParaíbaPernambucoPiauíParanáRio de JaneiroRio Grande do NorteRondôniaRoraimaRio Grande do SulSanta CatarinaSergipeSão PauloTocantinsAlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNova ScotiaNorthwest TerritoriesNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon TerritoriesCavanCorkCarlowDublinDonegalGalwayKildareKilkennyKerryLongfordLouthLimerickLeitrimLaoisMeathMonaghanMayoOffalyRoscommonSligoTipperaryWaterfordWestmeathWicklowWexfordAndaman and Nicobar IslandsAndhra PradeshArunachal PradeshAssamBiharChandigarhChhattisgarhDaman and DiuDelhiDadra and Nagar HaveliGoaGujaratHimachal PradeshHaryanaJharkhandJammu and KashmirKarnatakaKeralaLakshadweepMaharashtraMeghalayaManipurMadhya PradeshMizoramNagalandOdishaPunjabPuducherryRajasthanSikkimTamil NaduTripuraUttar PradeshUttarakhandWest BengalAgrigentoAlessandriaAnconaAostaAscoli PicenoL'AquilaArezzoAstiAvellinoBariBergamoBiellaBellunoBeneventoBolognaBrindisiBresciaBarletta-Andria-TraniBolzanoCagliariCampobassoCasertaChietiCarbonia-IglesiasCaltanissettaCuneoComoCremonaCosenzaCataniaCatanzaroEnnaForlì-CesenaFerraraFoggiaFlorenceFermoFrosinoneGenoaGoriziaGrossetoImperiaIserniaCrotoneLeccoLecceLivornoLodiLatinaLuccaMonza and BrianzaMacerataMessinaMilanMantuaModenaMassa and CarraraMateraNaplesNovaraNuoroOgliastraOristanoOlbia-TempioPalermoPiacenzaPaduaPescaraPerugiaPisaPordenonePratoParmaPistoiaPesaro and UrbinoPaviaPotenzaRavennaReggio CalabriaReggio EmiliaRagusaRietiRomeRiminiRovigoSalernoSienaSondrioLa SpeziaSyracuseSassariSavonaTarantoTeramoTrentoTurinTrapaniTerniTriesteTrevisoUdineVareseVerbano-Cusio-OssolaVercelliVeniceVicenzaVeronaMedio CampidanoViterboVibo ValentiaAguascalientesBaja CaliforniaBaja California SurChihuahuaColimaCampecheCoahuilaChiapasFederal DistrictDurangoGuerreroGuanajuatoHidalgoJaliscoMexico StateMichoacánMorelosNayaritNuevo LeónOaxacaPueblaQuerétaroQuintana RooSinaloaSan Luis PotosíSonoraTabascoTlaxcalaTamaulipasVeracruzYucatánZacatecas
- Zip Code
- Term of Interest
Term of InterestSpring 2023Fall 2023Spring 2024Fall 2024
- Phone Number
- Untitled
- Have a Fox Representative Call Me
- Untitled
- I am Active Duty, Reserves or Veteran of the U.S. Military
-
Hidden
Your full-time work experience
Your full-time work experienceNo full time experienceLess than 2 years2 to 5 years5 to 9 years10 to 19 years20 or more years
-
Hidden
Your U.S. Equivalent GPA
Your U.S. Equivalent GPA4.0 or above3.75 to 3.993.50 to 3.743.25 to 3.493.00 to 3.24Below 3.00
-
Hidden
Standardized Test Taken
Standardized Test TakenI have taken the GMAT.I have taken the GRE.I have not taken either test.
-
Hidden
Your GMAT/GRE Score
Your GMAT/GRE ScoreAbove 700650-699600-649550-599500-549Below 500Quantitative Reasoning above 165Quantitative Reasoning 160 to 164Quantitative Reasoning 155 to 159Quantitative Reasoning 150 to 154Quantitative Reasoning 145 to 149Quantitative Reasoning below 145As indicated, have not taken the GMAT or GRE.
-
-
-
-
-