LAU makes a pioneering step into the highly regarded study of Actuarial Science, offering an Executive Master Degree to prepare professionals and students to enter the field of risk management.
What is an Actuary?
Actuaries are risk management experts who use mathematics, financial theory, probability, and statistics to predict the likelihood of events and create innovative solutions to minimize risk and its impact. They are creative thinkers, problem solvers, analysts and experienced business professionals with a wide understanding of financial structures.
Executive Master in Actuarial Science at LAU (EMAAS)
In response to a regional demand from the insurance industry, LAU, supported by Medgulf, leads the way with the first Executive Master in Actuarial Science in the Middle East. If you are working in the field of insurance or finance and want to advance your career, our EMAAS offers the highest level of executive education and training that can be combined with a full-time career. We provide the solid academic core and deep understanding of the market to prepare you for a successful career as an Actuary.
Candidates for admission will normally be holders of B.S. in Mathematics, B.A./B.S. in Economics, or B.S. in Business. Other applicants with solid backgrounds in quantitative and computational skills (such as Engineers, holders of a B.S. in Computer Science) will be considered. As this is a professional program, neither the GRE nor the GMAT will be admission criteria.
The credits are divided into two categories: 27 core credits and 9 specialized credits that allow students to concentrate on either Insurance Management or Actuarial Mathematics.
The program offers 1-credit, 1.5-credit, 2-credit, or 3-credit courses. Each credit is equivalent to 14 hours offered on evenings or on Saturdays at the new LAU Executive Center at Solidere or on the Beirut campus. No prerequisites are required for the courses. Students can enroll in any course at any time during the year.
Courses are scheduled in a way so that students earn the EMAAS in two years.
This school offers programs in: