Applied Mathematics — Actuarial Science Option (ACTU)
The Actuarial Science curriculum offers a balanced coursework combining rigorous applied mathematics with advanced training for the actuarial profession. It prepares students for careers in the insurance industry and other sectors that rely on actuarial expertise. Actuaries are increasingly employed in financial services, including commercial and investment banking, retirement funds, corporations, and government. The program's courses align closely with the exams administered by the Society of Actuaries and the Casualty Actuarial Society, and the program is flexible enough to allow graduates to pursue further studies in Mathematics and related fields.
| Freshman | |||
|---|---|---|---|
| Fall | Hours | Spring | Hours |
| ENGL 1100 English Composition I | 3 | ENGL 1120 English Composition II | 3 |
| Core History | 3 | Core Science3 | 4 |
| Core Social Science | 3 | Core History or Literature1 | 3 |
| Core Humanities | 3 | COMP 1220 Introduction to Computing with Python or 1230 Introduction to Computing with MATLAB | 2 |
| MATH 1610 Calculus I | 4 | MATH 1620 Calculus II | 4 |
| 16 | 16 | ||
| Sophomore | |||
| Fall | Hours | Spring | Hours |
| Core Science3 | 4 | Core Social Science or Humanities2 | 3 |
| ECON 2020 Principles of Microeconomics | 3 | ECON 2030 Principles of Macroeconomics | 3 |
| MATH 2630 Calculus III | 4 | MATH 2650 Linear Differential Equations | 3 |
| MATH 2660 Topics in Linear Algebra | 3 | MATH 4790 Actuarial Seminar in the Mathematics of Finance | 3 |
| MATH 2790 Mathematics of Interest Theory | 3 | STAT 3600 Probability and Statistics I | 3 |
| 17 | 15 | ||
| Junior | |||
| Fall | Hours | Spring | Hours |
| Core Literature | 3 | FINC 3610 Principles of Business Finance | 3 |
| Electives | 3 | Electives | 4 |
| ACCT 2810 Fundamentals Of Accounting | 3 | MATH 4800 Introduction to Actuarial Mathematics | 3 |
| MATH 4820 Actuarial Seminar in Probability | 3 | MATH 3100 Introduction to Advanced Mathematics | 3 |
| STAT 3610 Probability and Statistics II | 3 | Core Fine Arts | 3 |
| 15 | 16 | ||
| Senior | |||
| Fall | Hours | Spring | Hours |
| MATH 5000 Math Modeling | 3 | MATH 5810 Actuarial Mathematics II | 4 |
| MATH 5800 Actuarial Mathematics I | 3 | Math Electives4 | 3 |
| Electives | 3 | Electives | 6 |
| Math Elective4 | 3 | UNIV 4AA0 Achieve the Creed | 0 |
| 12 | 13 | ||
| Total Hours: 120 | |||
- 1
Students must complete a two-course sequence in either HIST or LIT (for example, World History 1 and 2 or American Lit 1 and 2). For complete HIST and LIT sequence options, see the Bulletin.
- 2
If a LIT sequence is chosen, this course must be a CORE SOC SCI. If a HIST sequence is chosen, this course must be CORE HUMANITIES.
- 3
Core Science: One of the sequences PHYS 1600/PHYS 1610, BIOL 1020/BIOL 1030, CHEM 1030/CHEM 1040 with labs, or GEOL 1100/GEOL 1110.
- 4
MATH or STAT courses at the 3000 level or higher; no more than one 3000-level course. Subject to advisor’s approval.