The MS program in actuarial science builds on the strength, experience and reputation of ASU. While keeping the core technical learning outcomes in place, it also includes a new, focused set of professional learning outcomes aligned with the needs of the ever-evolving insurance industry. These guide students' development of professional competencies through coursework, independent projects and opportunities outside of the classroom, while remaining firmly based on a strong foundation of scholarly technical work in actuarial science. The program emphasizes broad awareness and appreciation of current issues faced by insurance industry practitioners as well as innovative resolutions provided by actuaries.

Actuaries must pass a series of intensive professional exams to become credentialed, and this degree program prepares students for these credentialing exams.