Actuarial Science Program

Actuarial Science

The Actuarial Science Program at Morgan State University is the only formalized Actuarial Science Program in the state of Maryland approved by Maryland Higher Education Commission (MHEC). It uniquely incorporates the disciplines of Mathematics, Finance, Accounting and Economics to create a synergistic program that fully equips our graduates for the workforce.

The curriculum for the Bachelor of Science in Actuarial Science program includes courses approved by the Society of Actuaries (SOA) to fulfill the Validation by Educational Experience credits and courses covering the learning objectives described in the SOA Basic Education Catalogue for Preliminary Actuarial Examinations Probability (P), Financial Mathematics (FM) and Investments and Financial Markets (IFM). Full and partial tuition scholarships are available through the University Honors Program for students who qualify. Students in the program also have access to scholarships from International Association of Black Actuaries (IABA) and Chartered Property Casualty Underwriter (CPCU) Society among many other opportunities available to actuarial science majors. The program encompasses extensive exam prep for actuarial exams and valuable internship opportunities will also be made available to students by invited guests to our professional development seminar.

The mission of the Morgan State University Actuarial Science Program is:

  • to increase the number of highly qualified students, especially among underrepresented populations, entering careers in actuarial and actuarial-related fields who can significantly contribute to the financial security of all entities through their ability to identify, assess, manage and quantify uncertainty and risk in various situations

  • to promote the development and use of statistics, probability, decision-making and risk management

  • to support collaboration with, and integration of other disciplines to produce theoretically sound and innovative practical applications in the advancement of the actuarial science discipline.

  • to prepare students for SOA/CAS professional examinations.

News about Morgan State University's Actuarial Science Program: 

Freshman Actuarial Science Major, Taylor Ellis, and MSU Team place 4th in the Goldman Sachs Market Madness

Morgan State University-Actuarial Science Student Q&A: Iman Fakheri

Morgan's Actuarial Science Program Aims to Diversify a Competitive Profession

Morgan's Actuarial Science Day for High School Students covered in IABA's April Newsletter 

Summer Academy of Actuarial and Mathematical Sciences Feature in Aises Winds of Change

Actuarial Science ProgramActuarial Science Program

Student Highlights:

Student Scholarships: 

May 2021:

Ayanki Sarah Laethitia Aida Gnissi, senior Actuarial Science major, is the recipient of the MD Chapter of CPCU scholarship. Congratulations, Ayanki! 

Dean's List Fall 2019:

LedrissfBrice Kemajou                                                                                      

Jadyn Giles

Shane James

Sierra LeBlue

Roshan Ghimire


Actuarial Exams Passed in 2021

Donald Malone- Exam FM (December 2020)

Actuarial Exams Passed in 2020

Daniel Eya Amame- Exam FM (February 2020)

Daniel Eya Amame- Exam IFM (July 2020)

Roshan Ghimire- Exam P (August 2020) 

Actuarial Exams Passed in 2019:

Daniel Eya Amame- Exam P (November 2019)

Roshan Ghimire- Exam FM (August 2019)

Sandra Bonga- Exam FM  (August 2019)

Tyson Darby- Exam FM (June 2019)

Zhao Liu- Exam FM (June 2019)

Mustafa Abderrahman -Exam P (May 2019)