Learn More and ApplyActuarial Science Concentration, Mathematical Sciences (BA)

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Actuarial Science uses mathematics, statistics and financial theory to study uncertain future events, especially those that relate to risk management and insurance programs. This concentration prepares students to work for insurance or pension consulting firms, and government.

Course Requirements

Course Title Quarter Hours
MAT 351PROBABILITY AND STATISTICS I4
MAT 352PROBABILITY AND STATISTICS II4
MAT 353PROBABILITY AND STATISTICS III4
MAT 361THEORY OF INTEREST4
MAT 362LIFE CONTINGENCIES I4
MAT 363LIFE CONTINGENCIES II4

​Open Electives 

Open elective credit also is required to meet the minimum graduation requirement of 192 hours.

Recommended Mathematics Courses

Course Title Quarter Hours
STATISTICAL METHODS USING SAS
STOCHASTIC PROCESSES
APPLIED REGRESSION ANALYSIS
APPLIED TIME SERIES AND FORECASTING
SIMULATION MODELS AND MONTE CARLO METHOD
LOSS MODELS I
LOSS MODELS II
CREDIBILITY THEORY
MATHEMATICS FOR FINANCE

Additional Recommended Courses

Course Title Quarter Hours
INTRODUCTION TO ACCOUNTING I
PRINCIPLES OF MICROECONOMICS
PRINCIPLES OF MACROECONOMICS
INTRODUCTION TO FINANCE
CORPORATE FINANCE
MONEY AND BANKING
INVESTMENTS: THEORY & PRACTICE
PORTFOLIO MANAGEMENT
ENTERPRISE RISK MANAGEMENT
DERIVATIVES: PRICING & APPLICATIONS