Actuarial Science

Actuarial Science
Hours54 Credit Hours
MAPMajor Academic Plan

Program Requirements

No more than 3 hours of credit below C- is allowed in major courses.
Students must pass Exam P of the Society of Actuaries (SOA) jointly administered as Exam 1 by the Casualty Actuarial Society (CAS) before declaring an actuarial science major.
Requirement 1 Complete 2 Courses
Preparation core courses:
Requirement 2 Complete 1 Course
Note: Students who have passed the AP statistics exam or an introductory statistics course should not take Stat 121.
Requirement 5 Complete 18.0 hours from the following Options
Complete 18 credit hours from the following two lists, with a minimum of 12 hours from list A:
Option 5.2 Complete 6.0 hours from the following Courses
List B - Complete 6 hours from the following. Note: Courses used in List A will not double count in List B. Note: No more than 3 credit hours of Stat 496R or Stat 497R may be counted toward this requirement.
Recommended Courses: It is recommended that students take Econ 110 and Fin 201 to complete the Society of Actuaries Economics and Corporate Finance VEEs.
Program Outcomes

Quantitatively Assessing Risk

Demonstrate competence in the fundamental probability tools for quantitatively assessing risk.

Understanding Interest, Pensions, and Insurance Systems

Demonstrate a basic understanding of the theory of interest, pensions and insurance systems.

Skills in Applied Statistics

Demonstrate competence in applied statistics.

Skills in Actuarial-Related Fields

Be employable in actuarial-related fields.

Statistical Software Skills

Demonstrate competence in relevant statistical software.

Consulting Skills

Demonstrate good consulting skills (problem solving, oral and written presentations).