University of Wisconsin–Madison

Overview

The Ph.D. program in Insurance Economics and Actuarial Analytics at the University of Wisconsin–Madison is designed to cultivate researchers equipped to analyze insurance markets, risk, and decision-making under uncertainty. This interdisciplinary program integrates economic theory, econometrics, and actuarial methodologies, preparing graduates for impactful roles in both academic and industry research.

What you'll study

The curriculum emphasizes the development of research skills in key areas of insurance economics and actuarial analytics. Students will engage in core coursework and concentrate on their dissertation research.

• Economic Theory
• Econometrics
• Economic Statistics and Econometrics
• Panel Data Analysis
• Actuarial Science

Dissertation: Candidates will produce a doctoral dissertation grounded in original research, developed in collaboration with faculty members and aligned with the program's focus on insurance, risk, and uncertainty in decision-making.

Research training: The program includes continuous research engagement, such as seminars and faculty-led research projects, facilitating the transition from coursework to dissertation completion.

Entry requirements

Prospective students should possess a four-year undergraduate degree (or its equivalent) from an accredited institution in any discipline. While work experience is not mandatory, applicants must have a minimum undergraduate GPA of 3.0 on a 4.0 scale to be considered for admission.

Career prospects

Graduates of the Ph.D. program will find themselves well-prepared for a variety of career paths in academia, research institutions, and the insurance industry. They will be equipped to tackle complex issues related to risk assessment, insurance economics, and actuarial analytics, making them valuable assets in their respective fields.