Guide to University Programs, Courses and Degrees

Master of Actuarial Practice (MAP)

Guide to Master of Actuarial Practice Program/Course/Degree

Master of Actuarial Practice (MAP)


Master of Actuarial Practice (MAP) program/course/degree certificate example

Degree Name:

Master of Actuarial Practice

Degree Abbreviation:

MAP

Duration Range:

1-2 years

Tuition Range (US, UK, AUS, NZ):

$10,000-$50,000 per year

Overview:

The Master of Actuarial Practice degree is a postgraduate program that provides students with advanced knowledge and skills in actuarial science. This degree is designed for individuals who have completed an undergraduate degree in actuarial science or a related field and wish to further their education and career prospects in this field.

Curriculum Overview by Year:

  • Year 1: Probability and Statistics, Financial Mathematics, Actuarial Modelling, Risk Management, Financial Reporting and Analysis
  • Year 2: Advanced Actuarial Modelling, Life Insurance and Pension Mathematics, General Insurance, Enterprise Risk Management, Professionalism and Ethics

Key Components:

  • Advanced knowledge and skills in actuarial science
  • Preparation for professional actuarial exams
  • Hands-on experience with actuarial software and tools
  • Opportunities for internships and networking with industry professionals

Career Prospects:

Graduates of the Master of Actuarial Practice degree can pursue careers in a variety of industries, including insurance, finance, consulting and government. Some common job titles for graduates include actuary, risk analyst, financial analyst and data analyst.

Salary Expectations:

The salary expectations for graduates of the Master of Actuarial Practice degree vary depending on the industry, location and level of experience. According to Payscale, the average salary for an actuary with a master's degree is $98,000 per year.

For a more accurate understanding of salary expectations, you can utilize the Job Sites Search Engine, from our sister site jobRank, which searches over 4,600 job sites worldwide. Make sure to specify not only the job title but also the country you are interested in.

Conclusions:

The Master of Actuarial Practice degree is a valuable postgraduate program for individuals who wish to advance their knowledge and skills in actuarial science. However, it is important to note that the duration, tuition fees, curriculum, key components, career prospects and salary expectations can vary depending on the country and university where the degree is pursued. Visitors can search for where this specific degree is offered anywhere in the world through the uniRank World Universities Search Engine.



World Universities Search Engine

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Query examples:

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  • Master of Actuarial Practice (MAP) University of California
  • Master of Actuarial Practice (MAP) University of London tuition fees
  • Master of Actuarial Practice (MAP) University of Sydney scholarships

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