Actuarial Science (B.S.)

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Student Learning Outcomes for Actuarial Science:

Students will be able to:

Use inductive or deductive reasoning to formulate and evaluate arguments.
Model real-world phenomena mathematically.
Utilize mathematics effectively in problem-solving strategies.
Combine and apply different strands of learning in a meaningful and substantial way.

Actuarial Science majors are required to take:

MA 121 - MA Calculus I 4.00 credits.
MA 122 - Calculus II 4.00 credits.
MA 130 - Creative Problem Solving I 2.00 credits.
MA 201 - Linear Algebra 4.00 credits.
MA 222 - Calculus III 4.00 credits.
MA 235 - Introduction to Mathematical Proofs 4.00 credits.
MA 250 - MA Sports Analytics 4.00 credits. or
MA 251 - MA Probability and Statistics 4.00 credits.
MA 252 - Statistical Methods in Research 4.00 credits.
MA 255 - Financial Mathematics 4.00 credits.
MA 351 - Theory of Probability 4.00 credits.
MA 352 - Mathematical Statistics 4.00 credits.
MA 456 - Fundamentals of Actuarial Mathematics 4.00 credits.
MA 458 - Advanced Long Term Actuarial Mathematics 4.00 credits. or
MA 459 - Advanced Short Term Actuarial Mathematics 4.00 credits.
AC 101 - Introduction to Accounting 4.00 credits.
EC 101 - SSC Principles of Macroeconomics 4.00 credits.
EC 102 - SSC Principles of Microeconomics 4.00 credits.
FIN 325 - Corporate Finance 4.00 credits.
CS 113 - NPS The Power and Beauty of Computing 4.00 credits. or
CS 121 - Computer Science I 4.00 credits. (should be taken as early as possible)

Also required:

Evidence of successful completion, prior to graduation, of the Exam P or Exam FM examination of the Society of Actuaries (SOA). The completion of additional examinations is encouraged.

First Year Suggested Courses:

FYS 100 - First-Year Seminar 4.00 credits.
CS 121 - Computer Science I 4.00 credits.
EN 100 - PLE First Year Writing 4.00 credits.
AC 101 - Introduction to Accounting 4.00 credits. or
EC 101 - SSC Principles of Macroeconomics 4.00 credits. or
EC 102 - SSC Principles of Microeconomics 4.00 credits.
MA 121 - MA Calculus I 4.00 credits. or
MA 122 - Calculus II 4.00 credits. or
MA 222 - Calculus III 4.00 credits.
MA 130 - Creative Problem Solving I 2.00 credits.
MA 262 - Financial Mathematics with Excel 2.00 credits.

Notes:

A student who achieved a score of 4 or better on the College Board Advanced Placement Calculus AB Examination should be placed in MA 122 in the first semester and MA 222 in the second semester. Credit will be given for MA 121.

A student who achieved a score of 4 or better on the College Board Advanced Placement Calculus BC Examination should be placed in MA 222 in the first semester consider taking MA 201 in the second semester. Credit will be given for both MA 121 and MA 122.

A student who achieved a score of 4 or better on the College Board Advanced Placement Probability and Statistics Examination will receive credit for a 3-credit course that substitutes for MA 251.

All Actuarial Science majors should take a math course every semester, even if they have AP or transfer credit for one or more calculus courses.

A C- or better is required in ALL prerequisite courses in order to continue in the major.