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Professional Master’s in Applied Mathematics (Actuarial Science)

The Professional Master’s in Applied Mathematics (Actuarial Science) program is intended primarily for students who would like to pursue an actuarial career. Upon completing the program, students will be able to:

  1. perform mathematical and/or statistical computations using appropriate technologies in the analysis of data;
  2. demonstrate mastery on actuarial modeling;
  3. demonstrate skills in generalization, critical analysis, problem-solving and synthesis; and
  4. exhibit the core set of knowledge in actuarial science needed in practice.

The program aims to give students practical advanced education needed by the industry and to foster closer partnership with industry in the form of actual problems incorporated into their course work. It also prepares the students in taking their actuarial professional exams, such as the Actuarial Society of the Philippines (ASP) exams and/or the Society of Actuaries (SOA) Exams.

The program has been recognized by the Society of Actuaries as a member of the Universities and Colleges with Actuarial Programs (UCAP) since 2020.

  • Admission into the Program

    Applications for admission to the program are processed by the College of Science (more information here). Students can apply for admission during the 1st semester or 2nd semester.

    Aside from the general requirements for admission set forth by the College of Science, applicants to the program must have taken and passed the following courses, or their equivalents:

    1. Math 40 Linear Algebra
    2. Math 150.1 Mathematical Statistics I
    3. Math 150.2 Mathematical Statistics II
    4. Math 162 Theory of Interest
    5. Math 164 Mathematics of Life Contingencies
    6. Math 171 Numerical Analysis

    Applicants who have not taken these courses may still be admitted in the program provided they take them as non-credit courses

    For more inquiries, please send an email to ddapr@math.upd.edu.ph.

  • Program Curriculum

    Students admitted into the program must complete 34 units of course work, including a special project and a one-unit graduate seminar. The student must maintain a GWA of 2.0 or better in his/her graduate courses at the end of each academic year. Students should also pass the (written and oral) comprehensive examinations prior to graduation. The written examination covers Math 260, Math 261, Math 262, Math 268.1, Math 268.2 and a choice between Math 263 or Math 264. The oral examination is a seminar on a topic covering a recent development in the discipline which is administered once the written examination is passed.

    Refer to the table below for the curriculum checklist.

    First Year
    1st Semester 9 units   2nd Semester 9 units
    Math 203 3 Math 271.1 3
    Math 260 3 Math 262 3
    Math 261 3 Elective 3
    Second Year
    1st Semester 9 units   2nd Semester 7 units
    Math 268.1 3 Math 268.2 3
    Math 263 or Math 264 3 Math 295 3
    Elective 3 Math 296 1
             
          Midyear  
          Comprehensive Examination  

     

  • Registration Matters

    Registration Process

    Refer to the Graduate Student Guide from the UPD College of Science website.

    Program Adviser

    For students admitted to the PMAM program, please contact your program adviser, Dr. Lu Kevin Ong (lkong@math.upd.edu.ph), for your registration concerns.