The curriculum in the Bachelor of Science in Applied Mathematics with an Actuarial Science emphasis explores the application of analytical problem solving tools to challenges in the financial and insurance industries. Students in the Actuarial Science emphasis investigate techniques in applied and pure mathematics and pursue electives in economics and finance that demonstrate how mathematics can be used to model financial concerns in the insurance and related industries.
A student completing this program is prepared to enter employment with analytical and quantitative tools relevant to modern financial markets. Coursework in the Actuarial emphasis prepares students to take actuarial exams necessary for employment in the actuarial industry. Furthermore, with the appropriate electives chosen, the student is prepared to enter quantitatively oriented graduate schools. A minor in business or economics is well suited to students in this program. All advising for this degree option is done through the Undergraduate Program Office in the Department of Mathematics.
Plan of Study Grid First Year |
Fall |
ENGL 104
| Composition and Rhetoric
or Introduction to Rhetoric and Composition | 3 |
MATH 171 | Calculus I | 4 |
1 | 3 |
2 | 4 |
3,4 | 1 |
| Semester Credit Hours | 15 |
Spring |
ECON 202
| Principles of Economics
or Principles of Economics | 3 |
MATH 172 | Calculus II | 4 |
1 | 3 |
2 | 4 |
3,4 | 1 |
| Semester Credit Hours | 15 |
Second Year |
Fall |
MATH 221 | Several Variable Calculus | 4 |
MATH 300 | Foundations of Mathematics | 3 |
STAT 211 | Principles of Statistics I | 3 |
| 4 |
| Programming I | |
| Introduction to Computer Science Concepts and Programming | |
| Structured Programming in C | |
| Semester Credit Hours | 14 |
Spring |
MATH 308 | Differential Equations | 3 |
MATH 325 | The Mathematics of Interest | 3 |
STAT 212 | Principles of Statistics II | 3 |
| 3-4 |
| Programming I | |
| Introduction to Computer Science Concepts and Programming | |
| Program Design and Concepts | |
| Structured Programming in C | |
1 | 3 |
| Semester Credit Hours | 15 |
Third Year |
Fall |
MATH 323 | Linear Algebra | 3 |
MATH 411
| Mathematical Probability 5
or Mathematical Statistics I | 3 |
PHYS 206 & PHYS 226 | Newtonian Mechanics for Engineering and Science and Physics of Motion Laboratory for the Sciences | 4 |
| 3 |
| Introduction to Econometrics | |
| |
| |
1 | 3 |
| Semester Credit Hours | 16 |
Spring |
MATH 409 | Analysis on the Real Line | 3 |
MATH 419 | Applications of Actuarial Science | 3 |
| 3 |
| Introduction to Econometrics | |
| |
| |
| 4 |
| Mathematical Modeling of Ocean Climate | |
| Electricity and Magnetism for Engineering and Science and Electricity and Magnetism Laboratory for the Sciences | |
1 | 3 |
| Semester Credit Hours | 16 |
Fourth Year |
Fall |
MATH 425 | The Mathematics of Contingent Claims | 3 |
| 3 |
6 | |
| Operations Research I | |
| Operations Research II | |
| |
| |
| 3 |
| Introduction to Econometrics | |
| |
| |
| 3 |
| Public Speaking | |
| Communication for Technical Professions | |
| Argumentation and Debate | |
1 | 3 |
| Semester Credit Hours | 15 |
Spring |
MATH 437 | Principles of Numerical Analysis | 4 |
| 3 |
6 | |
| Operations Research I | |
| Operations Research II | |
| |
| |
3,4 | 6-7 |
| Semester Credit Hours | 14 |
| Total Semester Credit Hours | 120 |
Maximum of 3 hours of MATH 300 or CSCE 222/ECEN 222 may be used in this degree program.
Maximum of 3 hours of MATH 411 or STAT 414 may be used in this degree program.
Maximum of 4 hours of MATH 417, MATH 437 or CSCE 442 may be used in this degree program.
If a grade of D or F is earned in any of the following courses, MATH 151/MATH 171, MATH 152/MATH 172, MATH 221/MATH 251/MATH 253, MATH 300, MATH 323 or MATH 308, this course must be immediately retaken and a grade of C or better earned. The department will allow at most two grades of D in upper-level (325-499) courses. If a third D is earned, one of the three courses in which a D was earned must be retaken and a grade of C or better earned.
Students desiring teacher certification should consult the requirements for certification before registering for electives.
Graduation requirements include a requirement for 3 hours of International and Cultural Diversity courses and 3 hours of Cultural Discourse courses. A course satisfying a Core category, a college/department requirement, or a general elective can be used to satisfy this requirement. See academic advisor.