The Department of Mathematics offers the bachelor of science degree with a concentration in actuarial science. Courses taken in the department and in the College of Business Administration prepare an individual for the first two actuarial exams.
You can find a description of the field of actuarial science from the www.BeAnActuary.org website. This site is sponsored by the CAS/SOA Committees. You can find entry level actuary jobs for mathematics or actuarial science majors at www.actuaryjobs.com. This site is for DW Simpson & Company, one of the leading actuarial recruiting firms in North America.
Actuarial Exams
Below are the descriptions of the first two exams and a list of courses which one would take to prepare for each exam.
Exam P/1: Probability
This exam covers the fundamental tools for quantitatively assessing risk and requires application of calculus and probability to problems set in a business context.
The courses one should take are the following:
- MATH 185
- MATH 186
- MATH 325
- MATH 377
- MATH 477
- MATH 478
Exam FM/2: Financial Mathematics
This exam covers the fundamental concepts of financial mathematics and how those concepts are applied.
The courses one should take are the following:
- MATH 445
- ACCT 210
- ACCT 211
- ECON 260
- ECON 261
- FIN 310
- FIN 419
Additional information is available at The Actuary Grads Network.
Degree
The degree requirements are taken from the ACU 2007–08 Undergraduate Catalog.
- Bachelor of Science Degree (MASC major)
