2020-2021 Undergraduate Catalog

Major in Actuarial Science (BS)

59-60 credits

Required Courses

MATH 165Calculus 1

4

MATH 166Calculus 2

4

MATH 217Linear Algebra

4

MATH 251Introduction to Mathematics of Finance

2

MATH 259Introduction to Actuarial Software

3

MATH 267Calculus 3

4

MATH 320Probability

4

MATH 321Mathematical Statistics

4

MATH 351Mathematics of Finance

3

MATH 354Exam Prep for Exam P/1

3

or

MATH 355Exam Prep for Exam FM/2

3

MATH 452Long-Term Actuarial Mathematics 1

4

MATH 454Statistics for Risk Modeling

4

MATH 457Short-Term Actuarial Mathematics 1

4

MATH 498Senior Seminar

2

RMI 270Principles of Risk Management and Insurance

3

7-8 credits from

MATH 354Exam Prep for Exam P/1

3

MATH 355Exam Prep for Exam FM/2

3

MATH 453Long-Term Actuarial Mathematics 2

4

MATH 458Short-Term Actuarial Mathematics 2

3

MATH 459Investment and Financial Markets

4

RMI 330Employee Benefits and Retirement Planning

3

or approved

Total Credit Hours:7-8

Total Credit Hours: 59-60

Students who pass both the Society of Actuaries Exam P/1 and FM/2 must take a 3 credit course to replace the required MATH 354 or 355. The replacement course must be selected from the electives list.

This program leads to a Bachelor of Science degree only. All students will be required to complete a survey designated by the department in the semester in which they graduate.

The following additional courses are strongly recommended, as they satisfy the Validation by Educational Experience requirements of the actuarial societies: ACC 201, ECON 201, ECON 202, and FIN 300. Students are encouraged to take PHYC 120 which satisfies the TIER 1 natural science requirement in the University Core Curriculum.