B.S. Degree in Mathematics: Actuarial Science {17-18}

B.S. Degree in Mathematics: Actuarial Science

The B.S. Degree in Mathematics: Actuarial Science will prepare students for a career as an Actuary. The field requires knowledge of probability, statistics, finance, and economics. Actuaries often work in the financial services sector, including working for insurance companies, commercial banks, and investment banks. The program includes 44 credits of Mathematics courses, starting with the Calculus sequence. These courses include the two-semester upper level sequences of Math 321/421 and Math 335/435. In addition, the program requires 21 credits of related requirements from the fields of Economics, Computer Science, Finance, and Accounting. Students pursuing this degree have enough free electives to pursue a minor or to explore other academic interests. To receive the B.S. Degree in Mathematics: Actuarial Science, the student must meet the minimum university requirements and specific requirements for the program. Completion of 120 credits is required for this degree which includes the Liberal Arts and Sciences Core (42 credits).

Student Learning Outcomes

  • Understand the theory and applications of calculus and linear algebra.
  • Develop the capacity for rigorous analytical thought and the ability to communicate ideas in a precise manner.
  • Possess an awareness of the abstract nature of theoretical mathematics and the ability to write proofs.
  • Possess an understanding of the breadth of the mathematical sciences and their deep inter-connecting principles.
  • Ability to solve multi-step problems and perform complex tasks.
  • Develop the ability to detect basic mathematical structures (patterns) and make generalizations from them.

Program Delivery Mode
Land plus: face-to-face where some online courses may be available or required

Core Requirements ( 23 credits )

All majors must complete the ETS Major Field Test in Mathematics.

MATH 260 Computer Calculus (1)
MATH 261 Calculus I (4)
MATH 262 Calculus II (4)
MATH 311 Introduction to Proof and Abstract Mathematics (3) 
MATH 323 Multi-Variable and Vector Calculus (4)
MATH 327 Introduction to Linear Algebra (3)
MATH 335 Intermediate Probability and Statistics I (4)

Program Requirements

MATH 291 LaTeX (1)
MATH 321 Financial Mathematics (3)
MATH 336 Intermediate Probability and Statistics II (3)
MATH 421 Actuarial Science I (3) 
MATH 435 Mathematical Statistics I (4) 
MATH 491 Mathematical Writing (3) 
MATH 361 Intermediate Analysis I (4) or
MATH 450 Numerical Analysis I (4)

Related Requirements ( 21 credits )

ACCT 230 Principles of Accounting I (3) 
ACCT 231 Principles of Accounting II (3)
CSIS 152 Intro to Computers and Programming I-a (3)
ECON 202 Principles of Economics I: Micro (3) 
ECON 204 Principles of Economics II: Macro (3) 
FINC 340 Financial Management (3) 
FINC 360 Principles of Investment (3)