The Actuarial Science concentration trains students how to use mathematics, statistics, business, and economics to analyze and plan for future situations involving financial uncertainties and risks. This concentration is designed to qualify students to take the first two examinations administered by the Society of Actuaries and provides the foundation for the remaining examinations.
Effective Fall 2022
A minimum grade of C (3.000) is required in all mathematics, statistics, and computer science courses that are required for graduation.
| Freshman | |||
|---|---|---|---|
| AUCC | Credits | ||
| CO 150 | College Composition (GT-CO2) | 1A | 3 |
| ECON 202 | Principles of Microeconomics (GT-SS1) | 3C | 3 |
| ECON 204 | Principles of Macroeconomics (GT-SS1) | 3C | 3 |
| MATH 160 | Calculus for Physical Scientists I (GT-MA1) | 1B | 4 |
| MATH 161 | Calculus for Physical Scientists II (GT-MA1) | 1B | 4 |
| MATH 192 | First Year Seminar in Mathematical Sciences | 1 | |
| Arts and Humanities | 3B | 3 | |
| Biological and Physical Sciences1 | 3A | 5 | |
| Diversity, Equity, and Inclusion | 1C | 3 | |
| Elective | 1 | ||
| Total Credits | 30 | ||
| Sophomore | |||
| ACT 210 | Introduction to Financial Accounting | 3 | |
| FIN 310 | Financial Markets and Institutions | 3 | |
| Select one course from the following: | 2-4 | ||
| Discrete Structures and their Applications | |||
| Introduction to Mathematical Reasoning | |||
| MATH 261 | Calculus for Physical Scientists III | 4 | |
| MATH 369 | Linear Algebra I | 4A | 3 |
| STAT 315 | Intro to Theory and Practice of Statistics | 3 | |
| Select four credits from the following: | 4 | ||
| Culture and Coding: Java (GT-AH3) | 3B | ||
| Culture and Coding: Python (GT-AH3) | 3B | ||
| Python for STEM | |||
| Mathematical Algorithms in C | |||
| CS1---No Prior Programming Experience | |||
| CS1--Computational Thinking with Java | |||
| Mathematical Algorithms in Matlab I | |||
| Mathematical Algorithms in Maple | |||
| Introduction to R Programming | |||
| Biological and Physical Sciences1 | 3A | 5 | |
| Historical Perspectives | 3D | 3 | |
| Total Credits | 30-32 | ||
| Junior | |||
| FIN 3002 | Principles of Finance | 3 | |
| ECON 335/AREC 335 | Introduction to Econometrics | 3 | |
| JTC 300 | Strategic Writing and Communication (GT-CO3) | 2 | 3 |
| MATH 317 | Advanced Calculus of One Variable | 4B | 3 |
| STAT 420 | Probability and Mathematical Statistics I | 3 | |
| STAT 421 | Introduction to Stochastic Processes | 3 | |
| STAT 430 | Probability and Mathematical Statistics II | 3 | |
| Select one course from the following: | 4 | ||
| Intro to Ordinary Differential Equations | |||
| Differential Equations | |||
| Arts and Humanities | 3B | 3 | |
| Elective | 2 | ||
| Total Credits | 30 | ||
| Senior | |||
| BUS 205 | Legal and Ethical Issues in Business | 3 | |
| FIN 342 | Risk Management and Insurance | 3 | |
| FIN 370 | Financial Management-Theory and Application | 3 | |
| MATH 4953 | Independent Study | 1 | |
| Select one course from the following: | 3 | ||
| Advanced Calculus I | 4C | ||
| Projects in Applied Mathematics | 4C | ||
| Electives4 | 15-17 | ||
| Total Credits | 28-30 | ||
| Program Total Credits: | 120 | ||
- 1
Students in this concentration must take a total of 10 credits in category 3A, and at least one course must have a laboratory component.
- 2
Students in this concentration may need to obtain a prerequisite override from the appropriate department to enroll in this class.
- 3
Preparation for Exam I administered by the Society of Actuaries.
- 4
Select enough elective credits to bring program total to a minimum of 120 credits, of which at least 42 must be upper-division (300- to 400-level).
Distinctive Requirements for Degree Program:
TO PREPARE FOR FIRST SEMESTER: The curriculum for the Major in Mathematics, Actuarial Sciences Concentration assumes students enter college prepared to take calculus. Entering students who are not prepared to take calculus will need to fulfill pre‐calculus requirements in the first semester: MATH 117, MATH 118, MATH 124, MATH 125, MATH 126. A minimum grade of C (3.000) is required in all mathematics, statistics, and computer science courses that are required for graduation.
| Freshman | |||||
|---|---|---|---|---|---|
| Semester 1 | Critical | Recommended | AUCC | Credits | |
| CO 150 | College Composition (GT-CO2) | 1A | 3 | ||
| ECON 202 | Principles of Microeconomics (GT-SS1) | X | 3C | 3 | |
| MATH 160 | Calculus for Physical Scientists I (GT-MA1) | X | 1B | 4 | |
| MATH 192 | First Year Seminar in Mathematical Sciences | 1 | |||
| Arts and Humanities | 3B | 3 | |||
| Pre-Calculus Requirements must be completed by the end of Semester 1, if needed (MATH 117, MATH 118, MATH 124, MATH 125, MATH 126). | X | ||||
| Total Credits | 14 | ||||
| Semester 2 | Critical | Recommended | AUCC | Credits | |
| ECON 204 | Principles of Macroeconomics (GT-SS1) | X | 3C | 3 | |
| MATH 161 | Calculus for Physical Scientists II (GT-MA1) | X | 1B | 4 | |
| Biological and Physical Sciences | 3A | 5 | |||
| Diversity, Equity, and Inclusion | 1C | 3 | |||
| Total Credits | 15 | ||||
| Sophomore | |||||
| Semester 3 | Critical | Recommended | AUCC | Credits | |
| ACT 210 | Introduction to Financial Accounting | X | 3 | ||
| MATH 261 | Calculus for Physical Scientists III | X | 4 | ||
| Biological and Physical Sciences | 3A | 5 | |||
| Historical Perspectives | 3D | 3 | |||
| ECON 204, MATH 161 must be completed by the end of Semester 3. | X | ||||
| Total Credits | 15 | ||||
| Semester 4 | Critical | Recommended | AUCC | Credits | |
| FIN 310 | Financial Markets and Institutions | 3 | |||
| Select one course from the following: | 2-4 | ||||
| Discrete Structures and their Applications | |||||
| Introduction to Mathematical Reasoning | |||||
| MATH 369 | Linear Algebra I | X | 4A | 3 | |
| STAT 315 | Intro to Theory and Practice of Statistics | 3 | |||
| Select four credits from the following: | 4 | ||||
| Culture and Coding: Java (GT-AH3) | 3B | ||||
| Culture and Coding: Python (GT-AH3) | 3B | ||||
| Python for STEM | |||||
| Mathematical Algorithms in C | |||||
| CS1---No Prior Programming Experience | |||||
| CS1--Computational Thinking with Java | |||||
| Mathematical Algorithms in Matlab I | |||||
| Mathematical Algorithms in Maple | |||||
| Introduction to R Programming | |||||
| ACT 210, MATH 261 must be completed by the end of Semester 4. | X | ||||
| Total Credits | 15-17 | ||||
| Junior | |||||
| Semester 5 | Critical | Recommended | AUCC | Credits | |
| FIN 300 | Principles of Finance | X | 3 | ||
| JTC 300 | Strategic Writing and Communication (GT-CO3) | X | 2 | 3 | |
| STAT 420 | Probability and Mathematical Statistics I | X | 3 | ||
| Select one course from the following: | 4 | ||||
| Intro to Ordinary Differential Equations | |||||
| Differential Equations | |||||
| Elective | 2 | ||||
| Total Credits | 15 | ||||
| Semester 6 | Critical | Recommended | AUCC | Credits | |
| ECON 335/AREC 335 | Introduction to Econometrics | 3 | |||
| MATH 317 | Advanced Calculus of One Variable | X | 4B | 3 | |
| STAT 421 | Introduction to Stochastic Processes | 3 | |||
| STAT 430 | Probability and Mathematical Statistics II | X | 3 | ||
| Arts and Humanities | 3B | 3 | |||
| MATH 317 and FIN 300 must be completed by the end of Semester 6. | X | ||||
| Total Credits | 15 | ||||
| Senior | |||||
| Semester 7 | Critical | Recommended | AUCC | Credits | |
| FIN 342 | Risk Management and Insurance | X | 3 | ||
| FIN 370 | Financial Management-Theory and Application | X | 3 | ||
| Select one course from the following: | 3 | ||||
| Must take either MATH 417 (Fall) or MATH 435 (Spring) as a capstone. | |||||
| Advanced Calculus I | 4C | ||||
Elective | |||||
| Electives | 6 | ||||
| STAT 420 must be completed by the end of Semester 7. | X | ||||
| Total Credits | 15 | ||||
| Semester 8 | Critical | Recommended | AUCC | Credits | |
| BUS 205 | Legal and Ethical Issues in Business | X | 3 | ||
| MATH 495 | Independent Study | X | 1 | ||
| Select one course from the following: | X | 3 | |||
| Must take either MATH 417 (Fall) or MATH 435 (Spring) as a capstone. | |||||
| Projects in Applied Mathematics | 4C | ||||
Elective | |||||
| Electives | X | 6-8 | |||
| The benchmark courses for the 8th semester are the remaining courses in the entire program of study. | X | ||||
| Total Credits | 13-15 | ||||
| Program Total Credits: | 120 | ||||