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Nov 08, 2024
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Undergraduate Catalog | 2020-2021 Previous Edition
Actuarial Studies, Undergraduate Certificate
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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.
The Certificate in Actuarial Studies prepares undergraduate and post-baccalaureate students for a career as an actuary. The coursework provides students with the background knowledge that they need to successfully pass two or three of the professional actuarial exams and obtain Validation by Educational Experience (VEE) credit that is required to become an Associate of the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Coursework towards the Certificate in Actuarial Studies can be used for credit towards the Bachelor’s degree in Mathematics. Students in the certificate program have access to resources provided by the UNC Charlotte Actuarial Science program, such as information sessions by employers, presentations by actuaries, and networking events. The certificate may be pursued concurrently with any of the undergraduate degree programs at UNC Charlotte.
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Admission Requirements
To be admitted into the Certificate in Actuarial Studies program, students who already have completed a bachelor’s degree must meet the general University requirements for admission into Undergraduate Certificate Programs. Their undergraduate coursework must include Calculus I, II, and III. These courses are prerequisites for the first two required courses in the program. Undergraduate students at UNC Charlotte must apply for the Actuarial Concentration in either the B.A. or B.S. in Mathematics or the B.S. in Mathematics for Business . Both of these programs require the three calculus courses that are prerequisites for the required actuarial and statistics courses. For students in these programs, a form to declare the certificate is available in the Department of Mathematics and Statistics.
Certificate Requirements
The certificate requires 18 credit hours of mathematics coursework that prepare students for Actuarial Exams and VEE Credits. Note that MATH 2228 and MATH 3228 are prep courses for Exam FM (Financial Mathematics), STAT 3122 and STAT 3123 for Exam P (Probability), MATH 4228 and MATH 4229 for Exam LTAM (Long-Term Actuarial Mathematics), and MATH 4226 for Exam IFM (Investment and Financial Markets).
Core Courses (12 credit hours)
Elective Courses (6 credit hours)
Select two of the following:
Optional Courses
Students registered in the Certificate for Actuarial Studies program are eligible and encouraged to take additional courses for VEE Credits and Technical Skills from the following:
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