The new Master of Science in Predictive Analytics & Risk Management (PARM) Program will provide a rigorous, modern, and foundational education in an area of major importance in society. It will produce graduates who have a deep and balanced knowledge of data science, insurance, and finance to expertly address problems of predictive analytics for risk management. 

The program is a joint venture between the Departments of Mathematics and Statistics in the College of Liberal Arts and Sciences and the Department of Finance in the Gies College of Business at the University of Illinois.