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Dec 30, 2024
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Undergraduate Catalog | 2020-2021 Previous Edition
Mathematics for Business, B.S.
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The Department of Mathematics and Statistics offers an undergraduate program of study leading to a Bachelor of Science (B.S.) degree in Mathematics for Business. This degree is a practical applied mathematics program that tightens the focus on business applications to better prepare students for a successful career path in the areas of insurance, finance, banking, and economics. Graduates of the Mathematics for Business program are valuable assets to the business community. They bring expertise in Mathematics, Statistics, and Operation Research, along with excellent analytic skills to businesses, financial institutions, insurance firms, and government agencies.
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Admission Requirements
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
Degree Requirements
A Major in Mathematics for Business for the B.S. degree consists of a minimum of 45 hours of approved Mathematics (MATH), Operations Research (OPRS), or Statistics (STAT) courses, one programming course in Computer Science (ITCS), and 18 hours of approved related coursework in an area outside of the department or an approved University minor from outside the department.
Major Courses (37 credit hours)
Concentration Courses (12 credit hours)
Students majoring in Mathematics for Business must select one of the three concentrations:
Concentration in Economics/Finance
Elective Course
Select one of the following:
- MATH 3XXX - Mathematics Elective (3)
- MATH 4XXX - Mathematics Elective (3)
- STAT 3XXX - Statistics Elective (3)
- STAT 4XXX - Statistics Elective (3)
- OPRS 3XXX - Operations Research Elective (3)
- OPRS 4XXX - Operations Research Elective (3)
Concentration in Actuarial Science
Elective Course
Select one of the following:
- MATH 3XXX - Mathematics Elective (3)
- MATH 4XXX - Mathematics Elective (3)
- STAT 3XXX - Statistics Elective (3)
- STAT 4XXX - Statistics Elective (3)
- OPRS 3XXX - Operations Research Elective (3)
- OPRS 4XXX - Operations Research Elective (3)
Notes
Recommended Actuarial courses:
The following courses prepare students for the following Actuarial Exams:
Concentration in Operations Research
Elective Course
Select one of the following:
- MATH 3XXX - Mathematics Elective (3)
- MATH 4XXX - Mathematics Elective (3)
- STAT 3XXX - Statistics Elective (3)
- STAT 4XXX - Statistics Elective (3)
- OPRS 3XXX - Operations Research Elective (3)
- OPRS 4XXX - Operations Research Elective (3)
Restricted Elective Courses (18 credit hours)
Select six of the following. Elective courses should be chosen from related disciplines or an approved minor in another discipline. Students should select courses in consultation with the department and/or their advisor.
Note
Students in the Actuarial Science Concentration must take the following courses from the list above. With a grade of B or above in these courses, they will receive Validation by Educational Experience (VEE) credit in Economics, Financial Management, and Accounting.
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.
Grade Requirements
An overall GPA of at least 2.0 and a GPA of at least 2.0 in all math courses is required.
Honors Program
For details about the Honors Program in Mathematics, visit the program page .
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