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 2020

A minimum grade of C (3.000) is required in all mathematics, statistics, and computer science courses that are required for graduation.

Freshman
AUCCCredits
CO 150College Composition (GT-CO2)1A3
ECON 202Principles of Microeconomics (GT-SS1)3C3
ECON 204Principles of Macroeconomics (GT-SS1)3C3
MATH 160Calculus for Physical Scientists I (GT-MA1)1B4
MATH 161Calculus for Physical Scientists II (GT-MA1)1B4
MATH 192First Year Seminar in Mathematical Sciences 1
Arts and Humanities3B3
Biological and Physical Sciences13A5
Diversity and Global Awareness3E3
Elective 1
 Total Credits 30
Sophomore
 
ACT 210Introduction to Financial Accounting 3
FIN 310Financial Markets and Institutions 3
MATH 235Introduction to Mathematical Reasoning 2
MATH 261Calculus for Physical Scientists III 4
MATH 369Linear Algebra I4A3
STAT 315Intro to Theory and Practice of Statistics 3
Select four credits from the following: 4
Culture and Coding (GT-AH3)3B 
Introduction to Programming (CS0)-Python  
Mathematical Algorithms in C  
CS1---No Prior Programming Experience  
CS1--Prior Programming Experience  
Mathematical Algorithms in Matlab I  
Mathematical Algorithms in Maple  
Introduction to R Programming  
Biological and Physical Sciences13A5
Historical Perspectives3D3
 Total Credits 30
Junior
 
FIN 3002Principles of Finance 3
ECON 335/AREC 335Introduction to Econometrics 3
JTC 300Professional and Technical Communication (GT-CO3)23
MATH 317Advanced Calculus of One Variable4B3
STAT 420Probability and Mathematical Statistics I 3
STAT 421Introduction to Stochastic Processes 3
STAT 430Probability and Mathematical Statistics II 3
Select one course from the following: 4
Intro to Ordinary Differential Equations  
Differential Equations  
Arts and Humanities3B3
Elective 2
 Total Credits 30
Senior
 
BUS 205Legal and Ethical Issues in Business 3
FIN 342Risk Management and Insurance 3
FIN 370Financial Management-Theory and Application 3
MATH 4953Independent Study 1
Select one course from the following: 3
Advanced Calculus I4C 
Projects in Applied Mathematics4C 
Electives4 17
 Total Credits 30
 Program Total Credits: 120

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 125MATH 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 1CriticalRecommendedAUCCCredits
CO 150College Composition (GT-CO2)  1A3
ECON 202Principles of Microeconomics (GT-SS1)X 3C3
MATH 160Calculus for Physical Scientists I (GT-MA1)X 1B4
MATH 192First Year Seminar in Mathematical Sciences   1
Arts and Humanities  3B3
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 2CriticalRecommendedAUCCCredits
ECON 204Principles of Macroeconomics (GT-SS1) X3C3
MATH 161Calculus for Physical Scientists II (GT-MA1) X1B4
Biological and Physical Sciences  3A5
Diversity and Global Awareness  3E3
Elective   1
 Total Credits   16
Sophomore
Semester 3CriticalRecommendedAUCCCredits
ACT 210Introduction to Financial Accounting X 3
MATH 261Calculus for Physical Scientists III X 4
Biological and Physical Sciences  3A5
Historical Perspectives  3D3
ECON 204, MATH 161 must be completed by the end of Semester 3.X   
 Total Credits   15
Semester 4CriticalRecommendedAUCCCredits
FIN 310Financial Markets and Institutions   3
MATH 235Introduction to Mathematical Reasoning   2
MATH 369Linear Algebra IX 4A3
STAT 315Intro to Theory and Practice of Statistics   3
Select four credits from the following:   4
Culture and Coding (GT-AH3)  3B 
Introduction to Programming (CS0)-Python    
Mathematical Algorithms in C    
CS1---No Prior Programming Experience    
CS1--Prior Programming Experience    
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
Junior
Semester 5CriticalRecommendedAUCCCredits
FIN 300Principles of Finance X 3
JTC 300Professional and Technical Communication (GT-CO3) X23
STAT 420Probability 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 6CriticalRecommendedAUCCCredits
ECON 335/AREC 335Introduction to Econometrics   3
MATH 317Advanced Calculus of One VariableX 4B3
STAT 421Introduction to Stochastic Processes   3
STAT 430Probability and Mathematical Statistics II X 3
Arts and Humanities  3B3
MATH 317 and FIN 300 must be completed by the end of Semester 6.X   
 Total Credits   15
Senior
Semester 7CriticalRecommendedAUCCCredits
FIN 342Risk Management and InsuranceX  3
FIN 370Financial 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 8CriticalRecommendedAUCCCredits
BUS 205Legal and Ethical Issues in BusinessX  3
MATH 495Independent StudyX  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
    
ElectivesX  8
The benchmark courses for the 8th semester are the remaining courses in the entire program of study.X   
 Total Credits   15
 Program Total Credits:   120