The Bachelor of Science in Actuarial Mathematics

This program has become an attractive option for students interested in pursuing advanced degrees in mathematical or quantitative finance and master's degrees in business administration, as well as in securing employment in the banking and insurance industries. This multidisciplinary course of study concentrates on applied mathematics with a focus on financial models. In addition to a core curriculum of mathematics courses, students are required to complete specific courses in statistics, economics, and computer science. The capstone courses in the program, Math 0470, Math 1119 and MATH 1121, follow the most recent syllabi approved by the Society of Actuaries and the Casualty Actuarial Society for the societies’ professional examinations in probability, financial mathematics, investment and financial management and life contingencies. The department organizes seminars to prepare students for taking these professional society examinations.

Students declaring this major in the fall of 2019 and beyond must complete MATH 0230 or MATH 0235 (Analytic Geometry and Calculus 2) or their equivalents, with a letter grade of C or better. Students must also complete MATH 0470 Actuarial Mathematics 1 with a letter grade of B- or better to declare this major.

Each of these courses must be taken for a letter grade, and a grade of C or better must be earned in each. Specific requirements are below. Note that students who declared a math major in the Fall of 2018 or after are required to complete the one credit course, MATH 0500 Professional Development, prior to graduation. There are three sections offered in the spring term. The Dietrich School of Arts and Sciences maintains the Authoritative Statement of Degree Requirements (major sheet). The information provided here is for student convenience only. The official requirements should be downloaded using the link above. The requirements for students who entered the major prior to the fall of 2019 can be found here: Authoritative Statement of Degree Requirements Prior to Fall 2019.

Sample 4 Year Program:

Year 1

Fall
Math 0220 (4 cr)
CS 0401 (4 cr)
General Education (6 cr)
Spring
Math 0230 (4 cr)
Buserv 1920 (3 cr)
General Education (9 cr)

Year 2

Year 3 or 4

Year 4 or 3