B.S. Degree in Mathematics: Actuarial Science {20-21}

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 sequence of Math 335/435. In addition, the program requires 21 credits of related requirements from the fields of Economics, Computer Science, Finance, and Accounting. Students are strongly encouraged to pass the P and FM Actuarial Science Exams before graduating. Math 435 prepares students for the P Exam and Math 321 prepares students for the FM exam. 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

  • Demonstrate an understanding of the theory and applications of Calculus.
  • Apply technology to solving problems.
  • Demonstrate the ability to write and analyze proof and/or use models to make real world predictions.
  • Demonstrate an ability to precisely communicate ideas orally and in writing.
  • Demonstrate an understanding of the breadth of mathematics and its deep interconnecting principles.
  • Apply critical thinking skills to solve multi-step problems and perform complex tasks.
  • Demonstrate the mathematical skills and knowledge to facilitate a life of ongoing and independent learning. 

Core Requirements ( 44 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)
MATH 291 LaTeX (1)
MATH 321 Financial Mathematics (3)
MATH 336 Intermediate Probability and Statistics II (3)
MATH 435 Mathematical Statistics I (4)
MATH 436 Mathematical Statistics II (3) 
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)