May 27, 2026  
Undergraduate Catalog | 2026-2027 
    
Undergraduate Catalog | 2026-2027

Mathematics, Actuarial Science Concentration, B.S.


The Department of Mathematics and Statistics offers an undergraduate program of study leading to a Bachelor of Science (B.S.) degree in Mathematics with a Concentration in Actuarial Science.  This program provides students a comprehensive course of study to learn the concepts and skills needed to begin a career path in actuarial science.  Actuaries are employed by insurance companies, government agencies, health service organizations, large corporations, and consulting firms.  Actuaries design and price insurance policies and pension programs.   Coursework in this program provides students with the core foundation for several of the professional actuarial exams.  Required courses in economics, finance, and applied statistical methods also meet the Society of Actuaries requirements for Validation by Educational Experience (VEE).

All program-level Admissions and Progression Requirements are in addition to the University of North Carolina at Charlotte Admission Requirements .

Admission Requirements


Freshmen and Transfers

  • See University Admission Requirements  ​
  • 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
  • Transferable Credit Hours:  24

Currently Enrolled Students

  • Declaration of Major:  Change of Major forms accepted year-round. Forms are available on the Math Department website. Orientation/advising session is required after declaration.

Degree Requirements


The B.S. in Mathematics with a Concentration in Actuarial Science degree program consists of a minimum of 52 credit hours of mathematics and statistics courses, one programming course in computer science, and 12 credit hours of related courses for VEE (Validation of Educational Experience) credit and Technical Skills.  

General Education Courses (31-32 credit hours)


For details on required courses, refer to the General Education Program . Total hours to satisfy General Education Requirements may vary as some general education requirements may be double-counted in the major with departmental approval. Please see your advisor for information. 

Major Courses (58-61 credit hours)


Unrestricted Elective Courses, Double Major and/or Minor to Complete Requirements for Graduation


Students must earn a minimum of 120 credit hours to graduate. This requirement can be fulfilled through a combination of elective courses, a minor, or a double major. The 120-credit minimum must be satisfied regardless of the specific academic path chosen (e.g., a minor combined with electives). 

Actuarial Exam and VEE Credit Preparation


The following courses prepare students for the following Actuarial Exams and VEE credits:

Exam FM - Financial Mathematics

MATH 3227 - Mathematical Theory of Interest and Applications (3)   

MATH 3228 - Financial Mathematics and General Cash Flows (3)   

Exam P - Probability

STAT 3122 - Probability and Statistics I (3)   

STAT 3123 - Probability and Statistics II (3)    

Exam FAM - Fudamentals of Actuarial Mathematics

MATH 4228 - Actuarial Science IIA (3)    

STAT 4227 - Loss Models and Applications (3)      

Exam ALTAM - Advanced Long Term Actuarial Mathematics

MATH 4229 - Actuarial Science IIB (3)    

Exam SRM - Statistics for Risk Modeling

STAT 3110 - Applied Regression (3)   

STAT 3150 - Time Series Analysis (3)   

VEE Mathematical Statistics

STAT 3123 - Probability and Statistics II (3)    

VEE Economics

ECON 2101 - Principles of Economics - Macro (3)   

ECON 2102 - Principles of Economics - Micro (3)   

VEE Accounting and Finance

ACCT 2121 - Principles of Accounting I (3)    

FINN 3120 - Financial Management (3)   

Degree Total = 120 Credit Hours


Progression Requirements


An overall GPA of at least 2.0 and a GPA of at least 2.0 in all math courses is required.

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.