| Actuarial Science is an important field of Applied Mathematics. It requires Mathematical and Statistical skills to study and analyze uncertain events in the insurance and financial fields.
An Actuary needs to know Calculus, Differential Equations, Linear Algebra, Probability and Statistics, Interest Theory, etc. In addition, an Actuary has to learn some Finance, Accounting, Economics, and some other topics in Insurance. Start your Actuarial Career by taking a BA degree in Mathematics with a concentration in Actuarial Science. Our program is classified as Advanced-Undergraduate by the SOA Listing of Academic Actuarial Science Programs. We currently offer courses for four Actuarial exams required for admission to the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). A major in Mathematics for the BA degree with a concentration in Actuarial Science consists of a minimum of 34 semester hours in mathematics and statistics courses and 18 semester hours from the Belk College of Business. In addition all students must meet the general education requirements of the University (See Catalog) |
Rashead Harper
Actuarial Science Program
BA Degree in Mathematics with a Concentration in Actuarial Science
Required Courses from The Department of Mathematics and Statistics:
MATH 1241, 1242, 2241, 2242 Calculus courses
MATH 2164 Linear Algebra
MATH 2171 Differential Equations
MATH 2428 Mathematical Theory of Interest
MATH 3163 Introduction to Modern Algebra
MATH 3688 Mathematics Awareness Seminar
MATH 3689 or MATH 3791: Senior Project Seminar or Senior Honors Tutorial
MATH 3122, 3123 Probability and Statistics I and II
MATH 3128, 3129 Actuarial Mathematics I and II
STAT 3110, 3150 are strongly recommended to get Actuarial VEE credits.
MATH 4051 is also recommended.
Required Courses from The Belk College of Business:
ACCT 2121, 2122 Principles of Accounting I and II
ECON 2101, 2102 Principles of Economics-Macro/Micro
FINN 3120 Financial Management
FINN 3271 Principles of Insurance
ITCS 1212 Introduction to Computer Science
Recommended but not required are FINN 3272(Life) and FINN 3273(Casualty)
Actuarial Courses Offered in the Fall
|
MATH 2428 |
Mathematical Theory of Interest First of two Preparatory courses for Actuarial Exam FM/2(Day/Evening) |
Prerequisites:
Math 1242 |
| MATH 3122 | Probability and Statistics I
First of two Preparatory courses for Actuarial Exam P/1 |
Math 2241
|
| MATH 3129 | Actuarial Mathematics II
First of two Preparatory course for Actuarial Exam MLC |
Math 3122 and 3128 |
| MATH 6203 | Stochastic Calculus for Finance
A Preparatory course for Actuarial Exam MFE/3F |
Actuarial Courses Offered in the Spring
|
MATH 3128 |
Actuarial Science I 2nd Preparatory course for Exam FM/2 |
Prerequisites:
Math 2428 |
| MATH 3123 | Probability and Statistics II
2nd Preparatory courses for Exam P/1 |
Math 3122
|
| MATH 4122 | A continuation to Math 3129
2nd Preparatory course for Exam MLC |
Math 3129 |
| MATH 6203 | Stochastic Calculus for Finance
A Preparatory course for Exam MFE/3F |
|
| Note: The CAS will grant credit for CAS Exam 3L to those who successfully complete SOA Exam MLC. | ||