FAQ: Applying to Graduate School- Go University
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Q:What is the purpose of graduate school?
Undergraduate education gives students a broad, general education. Graduate education provides students with more advanced learning in a specialized discipline or sub-discipline. Graduate school gives an in-depth understanding such that the student becomes something of an expert in the topic of study. A good graduate program also teaches advanced skills in such areas as problem-solving, mathematics, writing, oral presentation, and technology, each as applied to the particular field of study.
Q:What is the different between M.A./M.Sc. and Ph.D. programs?
M.A./M.S. and Ph.D. students usually take the same courses, although Ph.D. students may be required to take more courses than M.A./M.Sc. students (sometimes the opposite is true).The major difference between these degrees is in the level of original thinking that is expected. Ph.D.’s are trained to be leaders of research and research groups, conceiving and promoting new ideas. M.A./M.Sc. students, on the other hand, are trained to participate as part of a team carrying out advanced work. They may or may not become team leaders.
Q:When should I go to graduate school?
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Graduate school is appropriate at any age and stage of life. Some students go to graduate school directly after finishing their undergraduate education. However, many others undertake graduate studies after having been out of school for some period of time. You should go to graduate school when you are ready to get the most out of the experience. The purpose of graduate schooling is to learn material that you expect to use professionally or want to know for personal satisfaction.
Q:Where should I apply to graduate school?
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You should apply to graduate programs that offer courses of study that you are interested in and that have faculty who are known for their expertise in your area of interest. Always remember one thing: if you are in doubt about whether or not you are qualified for a graduate program, apply to that program and let them make the decision about whether or not they want you. You may not be a good judge about which graduate programs will want you as a student and which will not want you. JUST APPLY TO US NOW AND LET US BE THE JUDGE.
Q:How important are my test scores and gentsrades for my graduate school application?
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Graduate applications are evaluated by the department to which you apply, and every department evaluates graduate applications different. Include your undergraduate or advanced diploma certificates. Mature students with higher education or specialist education with long term working experience may apply.
Q:What is a Curriculum Vitae (CV)?
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You must attach your CV to your application. A CV is a summary document listing all of your professional experience and publications or other products. You should list and briefly summarize each professional position you have had, state all professional affiliations in professional societies (and any offices held), mention any awards or scholarships you have received, patents acquired, and list all publications, both those pertinent to you work as well as other published material of note. Special items such as project reports, computer programs, conferences organized, etc., should also be mentioned. A CV should be concise but informative about all aspects of your professional work.
Q:How should I write a statement of purpose?
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A statement of purpose is used by the faculty evaluating graduate applications to determine how well an applicant will fit into their graduate program. A statement of purpose will also be used to help match up a graduate student with interested faculty. Be as specific as possible about your goals for graduate study and for your professional aspirations beyond graduate school. Also, give a concise summary of any relevant work or experience in your background that has prepared you for graduate work or has honed your professional interests. Also, be sure your statement of purpose is well written, since it may be the only writing sample upon which your
written skills can be evaluated directly.
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Q:How important are letters of recommendation for my graduate school application?
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Letters of recommendation from faculty members who have taught you or supervised a major piece of work (i.e., undergraduate thesis, summer research project, laboratory research assistant, etc.) are the most valuable if they substantiate your capabilities, especially the ability to do creative work with minimal supervision. Letters from persons outside academia are less useful, since they seldom can evaluate the potential for outstanding academic performance.
Q:What financial aid is available for graduate school?
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Financial aid can take the form of tuition remission credits (they defray the tuition costs of courses), assistantships to help with teaching or research, and fellowships (you get paid to go to school with no work required in return). Assistantships and fellowships may be available from the university, and they can also be sought from government and private agencies. Government and private loans are also available. There are many sources of graduate school funding available, and so it is to your advantage to learn about them and apply for them.
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Steps for Admission
Explore
With nearly 50 fields of study, your critical first step in the
admission process is to identify the field in with which
you wish to study.
Prepare
At Go University, graduate admissions decisions are made
by Graduate committee
in your proposed field of study. Although the Graduate
School coordinates theadmission process and establishes
minimum requirements for admission, application deadlines and
additional requirements vary by field of study and degree program.
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Apply
All application materials should be uploaded with your online application. Please do not send unsolicited additional materials to your proposed field of study or the Graduate School.
Check your status
You may check the status of your application by mail. Please allow at least 7 days for your status to be updated.
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MSc ACTUARIAL FINANCE 18 months
Actuaries evaluate and manage financial risk. They apply advanced mathematical and statistical techniques to solve financial problems, assess the likelihood of a particular event and the possible financial costs. The role of the actuary is increasingly important in the current economic climate, where volatile markets are contributing to financial uncertainty.
Our MSc Actuarial Finance will introduce you to essential business topics and enable you to apply your quantitative skills to solve complex business problems, such as risk management, insurance and derivatives. You’ll gain comprehensive knowledge in business areas such as accountancy, corporate finance and economics, as well as key analytical techniques, processes and models that have significant applications in actuarial finance.
The Business School has strong links with the actuarial profession and the insurance and pensions industry, giving you the opportunity to interact with practising actuaries and industry experts.
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Entry requirements
A bachelor degree in a relevant first degree such as mathematics, statistics, economics or finance.
A background in finance or economics is desirable but not essential. You must have a strong grounding in quantitative subjects with high scores in quantitative modules .
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Documents and information you’ll need
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A copy of your degree certificate and transcript, or a partial transcript if you’re still studying
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Two academic references
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A personal statement
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An up-to-date CV
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Evidence of your English language qualifications, if English is not your language
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A letter of sponsorship, if you are being sponsord.
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Career Opportunities
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Career opportunities for graduates of this programme are vast. You will be able to demonstrate in-depth knowledge of core accounting and finance principles, and the numerical and analytical skills to succeed in this rapidly changing complex environment.
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Graduates of our MSc Actuarial Finance have entered high-flying careers in insurance, pensions, accountancy, risk management and consultancy. Job prospects are wide ranging and include consultant actuaries, scheme actuaries and insurance actuaries, accountants, investment banking and risk management.
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As a result of the high level of quantitative skills developed, you also gain an excellent grounding for PhD study in accounting, finance and economics.
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Course Content
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You’ll take compulsory modules in corporate finance and economics allowing you to put your work into context and understand the importance of the role played by actuaries. At the same time, you’ll build your mathematical skills with classes in applied statistics and probability, as well as discrete time finance.
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Building on this, you’ll study continuous time finance and gain an understanding of how different stochastic processes and survival models are applied to actuarial science. This will compliment your studies in topics such as accounting, professionalism and ethics, international investment and portfolio risk management.
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Throughout the year you’ll build your professional skills with a core module focussing on critical practical skills that will prepare you for the workplace. At the end of the programme, you’ll bring together your business, mathematical and professional knowledge to complete an independent project on a topic of your choice, which will demonstrate your ability to apply the skills you’ve gained.
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Course structure
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These are typical modules/components studied and may change from time to time.
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You’ll study 12 compulsory modules throughout the year and half.
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Compulsory Modules:
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- Portfolio Risk Management
- Corporate Finance
- Professionalism and Ethics for Actuaries
- International Investment
- Financial Reporting and Analysis
- Economics for Business 1
- Applied Statistics and Probability
- Discrete Time Finance
- Models in Actuarial Science
- Continuous Time Finance
- Projects in Actuarial Finance -
For more information on typical modules details and credits, read Actuarial Finance MSc in programme catalogue after your enrollment.
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Learning and teaching
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Our tutors are experts in their fields and come from highly respected professional and academic backgrounds. Their cutting-edge research and professional experience informs their teaching. We use a range of teaching methods so you can benefit from their expertise including lectures, workshops, seminars, computer simulations and tutorials. Independent study is also vital for this programme allowing you to prepare for taught classes and sharpen your own research and critical skills.
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Assessment
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Assessment methods emphasise not just knowledge, but essential skills development too. They include formal exams, group projects, reports, computer simulation exercises, essays and written assignments, group and individual presentations and reflective logs.
PREAMBLE
MSc Actuarial Finance
30
Years
Experience
Current
50
Graduate Courses
15
Specialist
Industries
4
Experienced
Partners
OUR TEAM
Thank you for your interest in graduate education at Go University.
Now, more than ever, graduate education plays a crucial role in the economic, intellectual, and cultural vitality of our region and the nation overall. Graduate degree-holders fuel this vitality in their roles as captains of industry, government leaders, entrepreneurs, educators, gifted communicators, and skilled artists/ artisans, among others. Graduate degree recipients tend to have a higher standard of living and are generally better prepared to weather economic down-turns than are individuals without graduate degrees. When we invest in graduate students and their education, we invest in our future. I hope that graduate education at Go University is in your future.
Go University houses some 50 graduate programs.The Graduate School takes pride in leading this effort and in collaborating with our international affiliates to provide our students with an outstanding educational experience.
The Graduate School’s hallmark is its unwavering commitment to core values: student success, community and diversity, international outreach, and academic excellence—the last of these -the value above all values.
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We fulfill our commitment through robust support enterprises that serve students from initial contact through graduation and beyond, and through offices dedicated to diversity and inclusion, international outreach, external relations and development, fellowships and awards, graduate student writing, graduate teaching and learning, and preparation of doctoral students for multiple career paths.
Whether you are a prospective student, a current member of our graduate community, or a proud alumnus or alumna, the Graduate School is here for you. We hope that you will join us in advancing graduate education and enhancing the graduate student experience.
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