Feb 24, 2024
An actuary is a business professional who uses mathematical skills to aid in the design and pricing of insurance policies and pension programs. Actuaries are employed by insurance companies, government agencies, health service organizations,large corporations, and consulting firms.
Freshman and Transfers
- Minimum GPA: 2.0
- Prerequisite Courses: GPA of at least 2.0 in each of the following categories:
- All MATH, STAT, and OPRS courses taken
- All 2000-level and above MATH, STAT, and OPRS courses taken
- Declaration of Major: Change of Major forms accepted year-round; orientation/advising session required after declaration
- Transferable Credit Hours: 24
A Bachelor of Arts degree in Mathematics with a Concentration in Actuarial Science consists of a minimum of 37 hours of mathematics and statistics courses, one programming course in computer science (ITCS), and 18 hours of approved related coursework from the College of Business.
Major Courses (41 credit hours)
Related Courses for VEE Credits (18 credit hours)
Designation as an Associate of the Society of Actuaries (ASA) requires the completion of courses in Economics, Corporate Finance, and Applied Statistics. Students who receive a grade of B or above in the ECON and FINN courses may apply to have the Verification of Educational Experience (VEE) credit applied to their record. Both STAT 3110 and STAT 3150 satisfy the requirement for Applied Statistics.
Unrestricted Elective Courses
As needed to complete the credit hours required for graduation.
Degree Total = 120 Credit Hours
Cooperative Education Program
Students may participate in the Mathematics Cooperative Education Program in either the parallel or alternate track. The parallel track combines part-time academic study and part-time cooperative experience during the same semester, while the alternate track alternates semesters totally devoted to work with semesters totally devoted to academic study. Students in the Mathematics Cooperative Education Program must participate in a minimum of two semesters in the program. Students who are in good standing with the University, have a minimum overall GPA of 2.5, and have completed 30 credit hours are eligible to apply. Transfer students are required to complete 12 credit hours at the University prior to application. Students interested in participating in the program should contact the Coordinator of Undergraduate Programs in the Department of Mathematics and Statistics or the University Career Center for information.
An overall GPA of at least 2.0 and a GPA of at least 2.0 in all math courses is required.
For details about the Honors Program in Mathematics, visit the program page.