Statistics
 

Actuarial Science

Actuarial Science
BS
Hours56.5 Credit Hours
MAPMajor Academic Plan

Program Requirements

Students must pass one exam of the Society of Actuaries (SOA), usually Exam FM, before declaring an actuarial science major. Students should declare another statistics emphasis until they pass an exam (Applied Statistics and Analytics offers an unofficial ┬┐pre-actuarial┬┐ path with early courses).
requirement 3 Complete 4 courses
Mathematical foundation courses:
requirement 4 Complete 3.0 hours from the following course(s)
Recommended course: Actuarial science majors should take IS 520, but all of the courses are valuable.
requirement 6 Complete 3.0 hours from the following course(s)
Note: If both courses are taken in requirement 6, one can be used as an elective in requirement 7. Students interested in life, finance, or pensions should take 444 and those interested in health or property/casualty should take 446.
requirement 7 Complete 9.0 hours from the following course(s)
Note: Courses used to fulfill Requirements 4 and 6 will not double count here. Note: No more than 3.0 hours of any combination of STAT 496R and STAT 497R can be used for this requirement.
Recommended Courses: Students should take Econ 110, Acc 200, and Fin 201 to complete the Society of Actuaries VEEs. Additionally, IS 515 and IS 520 are valuable in the daily work of an actuary.
Program Outcomes: 

Actuarial Exams

Graduates will prepare for, take, and pass the exams required for employment in the actuarial science profession

Skills in Applied Statistics and Computing

Graduates of the program will apply statistical methods using relevant software to solve real world problems

Communication Skills

Graduates of the program will write technical reports and make technical presentations containing statistical and actuarial results.