DegreeRequirements

Changes occurring in the major

For student entering in the Fall 2014 semester, FIN 3072 Personal Insurance will no longer be required for the major. Also, the course number for Principles of Risk Management and Insurance has been changed from FIN 3071 to FIN 3100. Furthermore, for students entering in the Fall 2014, MAT 3340 Actuarial Models, has been added to the major requirements. In the schedule below, it is tentatively set to be taught in the Fall semester, however, the actual semester it is to be taught is still under consideration. 

Course of Study for students entering prior to Fall 2014

The following table shows one sample of how scheduling the required courses for the actuarial science major may look. This schedule does not show the additional courses required by the university. A student should determine their schedule with the help of their academic advisor. Notice the orange denotes items dropped and the red denotes items added in 2014.

Fall Freshman Year Spring Freshman Year
MAT 1110 Calculus I
Law 2150 Legal Environment of Bus
MAT 1120 Calculus II
ECON 2030 Pricing Theory‡
Fall Sophomore YearSpring Sophomore Year
MAT 2130 Multivariable Calculus
ACC 2100 Principals of Accounting I
STT 3850 Data Analysis I             
MAT 2240 Linear Algebra
ECON 2040 Macroeconomics
STT 3851 Data Analysis II             
Fall Junior YearSpring Junior Year
MAT 3540 Financial Derivatives (1hr)
MAT 3330 Financial Mathematics
FIN 3680 Intro to Finance
STT 4860 Math Stat I 
(Study for FM Exam - Take FM Exam)
FIN 3690 Financial Management
FIN 3890 Survey of Investments
STT 4865 Math Stat II 
Fall Senior YearSpring Senior Year
(Study for Exam P)
FIN 3071 Principals of Risk Manag and Ins
FIN 4770 Derivatives and Fin Risk
STT 4840 Time Series and Forecasting 
(Take Exam P)
FIN 3072 Personal, Prop, Liab, L&H Ins
MAT 4330 Senior Seminar in Act Science
Major Elective 

Course of Study for students entering Fall 2014

The following table shows one sample of how scheduling the required courses for the actuarial science major may look. This schedule does not show the additional courses required by the university. A student should determine their schedule with the help of their academic advisor.

Fall Freshman Year Spring Freshman Year
MAT 1110 Calculus I
Law 2150 Legal Environment of Bus
MAT 1120 Calculus II
ECON 2030 Pricing Theory‡
Fall Sophomore YearSpring Sophomore Year
MAT 2130 Multivariable Calculus
ACC 2100 Principals of Accounting I
STT 3850 Data Analysis I             
MAT 2240 Linear Algebra
ECON 2040 Macroeconomics
STT 3851 Data Analysis II             
Fall Junior YearSpring Junior Year
MAT 3540 Financial Derivatives (1hr)
MAT 3330 Financial Mathematics
FIN 3680 Intro to Finance
STT 4860 Math Stat I 
(Study for FM Exam - Take FM Exam)
FIN 3690 Financial Management
FIN 3890 Survey of Investments
STT 4865 Math Stat II 
Fall Senior YearSpring Senior Year
(Study for Exam P)
MAT 3340 Actuarial Models
FIN 3100 Principals of Risk Manag and Ins
STT 4840 Time Series and Forecasting 
(Take Exam P)
FIN 4770 Derivatives and Fin Risk
MAT 4330 Senior Seminar in Act Science
Major Elective 

Course of Study for students entering Fall 2015

The following table shows one sample of how scheduling the required courses for the actuarial science major entering the program in the Fall of 2015 may look. Following the "Option 1" exam path students will attempt SOA/CAS exams FM, P, and MLC. Following the "Option 2" exam path students will attempt exams FM and P before graduating. 

Fall Freshman Year Spring Freshman Year
MAT 1110 Calculus I
Law 2150 Legal Environment of Bus
MAT 1120 Calculus II
ECON 2030 Pricing Theory‡
Fall Sophomore YearSpring Sophomore Year
MAT 2130 Multivariable Calculus
MAT 3330 Financial Mathematics
*MAT 3540 Financial Derivatives (1hr)
ACC 2100 Principals of Accounting I
STT 3850 Data Analysis I             
(Option 1: Take FM Exam)
(Option 1: Take *MAT 3541 (1hr))
MAT 2240 Linear Algebra
ECON 2040 Macroeconomics
STT 3851 Data Analysis II             
Fall Junior YearSpring Junior Year
FIN 3100 Principals of Risk Manag and Ins
FIN 3680 Intro to Finance
STT 3250 Fundamentals of Probability  
(Option 1: Take Exam P)
(Option 2: Take Exam FM)
(Option 2: Take *MAT 3541 (1hr))
FIN 3690 Financial Management
FIN 3890 Survey of Investments
Fall Senior YearSpring Senior Year
(Study for Exam P)
MAT 3340 Actuarial Models
FIN 4770 Derivatives and Fin Risk
STT 4840 Time Series and Forecasting 
(Option 1: Take Exam MLC)
(Option 2: Take Exam P)
MAT 4330 Senior Seminar in Act Science
Major Elective 

*MAT 3540 (1 hr) is an optional 1 hour course that covers addtional material on the FM exam that is not covered in MAT 3330. MAT 3541 (1 hr) is an optional 1 hour course that provides additional prepartation for the FM exam. Neither MAT 3540 nor MAT 3541 is a required course for the major.


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