Master of Actuarial and Quantitative Risk Management (MAQRM)
A maths-department master's combining actuarial risk management with modern mathematical finance, including financial stochastic calculus and quantitative risk management. It includes an applied actuarial practicum with visiting companies and an actuarial career fair.
What you’ll study
Core
- STAT 6301
- STAT 6302
- MATH 5632
- MATH 5588 Practicum in AQRM
- AQRM sequence: MATH 5630, 5631, 5633, 5634, 5635, 5636
Electives
- STAT 5740
- STAT 6540
- STAT 6550
- STAT 6560
- MATH 6550
Source: math.osu.edu ↗
Before you apply
- Background
- Four-year BS/BA; last-degree GPA 3.0+ or 75th percentile or better
- Maths
- Multivariable calculus; calculus-based probability
- Programming
- Recommended: one intro programming course
- English
- TOEFL or IELTS for applicants from non-English-speaking countries; waived with a US college degree
- Other
- Three reference letters, CV, statement of purpose; recommended: interest theory, micro/macroeconomics
Source: math.osu.edu ↗
After graduation
- Employment
- At least 85% find jobs in their desired career paths at the time of graduation (as stated by the programme; no class year or definition given)
- Typical first roles
- Entry-level actuarial positions (insurance, consulting)
- Employers
- Westfield Insurance, Motorists Insurance Group, Encova Insurance, Humana, DHL
Source: math.osu.edu ↗
Want to see what employers ask for? Browse open quant roles.
Inaugurated 2016. Department does not fund MAQRM students; tuition not on page (third-party listing ~US$44,310/yr, unverified). BS/MAQRM combined option. Original URL math.osu.edu/grad/maqrm returned 404.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.