Mathematics (Actuarial Science and Insurance) - Bachelor of Science

The concentration in Actuarial Science and Insurance draws on courses from mathematics and business to prepare students for a mathematical career in insurance. The coursework in this emphasis focuses on the analysis of risk and its applications to insurance finance. Students fulfilling the requirements for the Actuarial Science and Insurance Concentration earn a minor in Risk Management and Insurance.

Students must complete all University degree requirements, which include: General Education requirements, Viewing a Wider World requirements, and elective credits to total at least 120 credits with 48 credits in courses numbered 300 or above. Developmental coursework will not count towards the degree requirements and/or elective credits, but may be needed in order to take the necessary English and Mathematics coursework.

Prefix Title Credits
General Education
Area I: Communications
English Composition - Level 1
ENGL 1110GComposition I4
English Composition - Level 2
Choose one from the following:3
Professional & Technical Communication3
Writing in the Humanities and Social Science3
Oral Communication
Choose one from the following:3
Effective Leadership and Communication in Agriculture3
Introduction to Communication3
Public Speaking3
Introduction to Communications Honors3
Area II: Mathematics
MATH 1511GCalculus and Analytic Geometry I (Departmental/College Requirement) 14
Area III/IV: Laboratory Sciences and Social/Behavioral Sciences10
Macroeconomic Principles3
Microeconomics Principles3
Area III: Laboratory Science Course (4 credits) 2
Area V: Humanities 23
Area VI: Creative and Fine Arts 23
General Education Elective
MATH 1521GCalculus and Analytic Geometry II (Departmental/College Requirement)4
Viewing a Wider World 33
Departmental/College Requirements
MATH 1531Introduction to Higher Mathematics3
MATH 2415Introduction to Linear Algebra3
MATH 2530GCalculus III3
MATH 331Introduction to Modern Algebra3
or MATH 332 Introduction to Analysis
STAT 371Statistics for Engineers and Scientists I3
STAT 470Probability: Theory and Applications3
STAT 480Statistics: Theory and Applications3
Departmental Electives 4
Select at least an additional 9 credits of approved upper-division courses prefixed MATH or STAT (6 credits must be 400-level), excluding the following:9
Readings1-3
Fundamentals of Algebra and Geometry I3
Calculus with Hands-on Applications3
Undergraduate Research1-3
Survey of Geometry3
Undergraduate Research1-3
Non-Departmental Requirements (in addition to Gen.Ed/VWW) 5
ACCT 2110Principles of Accounting I3
ACCT 2120Principles of Accounting II3
BLAW 316Legal Environment of Business3
or BLAW 385V Consumers and the Law
C S 172Computer Science I4
BFIN 322Principles of Insurance3
BFIN 341Financial Analysis and Markets3
Select one option from the following three:9
OPTION 1
Life/Health/Employee Benefits3
Select two courses from the following:
Personal Financial Planning and Investing in a Global Economy3
Personal Financial Planning for Professionals
Property and Liability Insurance3
Finance Internship and Cooperative Education I1-3
OPTION 2
Property and Liability Insurance3
Select two courses form the following:
Personal Financial Planning and Investing in a Global Economy3
Personal Financial Planning for Professionals
Life/Health/Employee Benefits3
Finance Internship and Cooperative Education I1-3
OPTION 3
Business Risk Management3
Select two courses from the following:
Personal Financial Planning and Investing in a Global Economy3
Personal Financial Planning for Professionals
Life/Health/Employee Benefits3
Property and Liability Insurance3
Finance Internship and Cooperative Education I1-3
Second Language Requirement: (not required)
Electives, to bring the total credits to 120 625
6 credits must be upper division
Total Credits120

Second Language Requirement

For the Bachelor of Science with a major in Mathematics with a Concentration in Actuarial Science and Insurance, there is no second language requirement for the degree.

A Suggested Plan of Study for Students

This roadmap assumes student  placement in MATH 1511G Calculus and Analytic Geometry I and ENGL 1110G Composition I. The contents and order of this roadmap may vary depending on initial student placement in mathematics and english. It is only a suggested plan of study for students and is not intended as a contract. Course availability may vary from fall to spring semester and may be subject to modification or change.

Some students may be able to bypass one or more courses in the calculus sequence MATH 1511G - MATH 1521G - MATH 2530G. The calculus sequence, Introduction to Higher Mathematics, and Linear Algebra provide knowledge that is basic to further work, and students are advised to complete them or their equivalent as early as possible.

Plan of Study Grid
First Year
FallCredits
ENGL 1110G Composition I (C- or better) 4
MATH 1511G Calculus and Analytic Geometry I (C- or better) 1 4
Area III: Laboratory Science Course 2 4
C S 172 Computer Science I 4
 Credits16
Spring
Choose one from the following: 3
Professional & Technical Communication  
Writing in the Humanities and Social Science  
Choose one from the following: 3
Effective Leadership and Communication in Agriculture  
Introduction to Communication  
Public Speaking  
Introduction to Communications Honors  
MATH 1521G Calculus and Analytic Geometry II (C- or better) 4
Area V: Humanities Course 2 3
ECON 2110G Macroeconomic Principles 3
 Credits16
Second Year
Fall
ACCT 2110 Principles of Accounting I 3
MATH 1531 Introduction to Higher Mathematics (C- or better) 3
MATH 2530G Calculus III (C- or better) 3
ECON 2120G Microeconomics Principles (C- or better, and will count towards Area IV, Gen. Ed) 3
BFIN 322 Principles of Insurance (C- or better) 3
 Credits15
Spring
Area VI: Creative and Fine Arts Course 2 3
MATH 2415 Introduction to Linear Algebra (C- or better) 3
STAT 371 Statistics for Engineers and Scientists I (C- or better) 3
ACCT 2120 Principles of Accounting II 3
BFIN 341 Financial Analysis and Markets 3
 Credits15
Third Year
Fall
VWW - Viewing a Wider World Course 3 3
MATH 331
Introduction to Modern Algebra (C- or better, Fall Only) 4
or Introduction to Analysis
3
OPTION 1, 2 or 3 Course (C- or better) 5 3
Elective Course 6 3
Elective Course 6 3
 Credits15
Spring
MATH/STAT Elective Course - 300-level or higher (C- or better) 7 3
MATH/STAT Elective Course - 400-level (C- or better) 8 3
OPTION 1, 2 or 3 Course (C- or better) 5 3
Elective Course 6 3
Elective Course 6 3
 Credits15
Fourth Year
Fall
MATH/STAT Elective Course - 400-level (C- or better) 8 3
Option 1, 2 or 3 Course (C- or better) 5 3
STAT 470 Probability: Theory and Applications (C- or better) 3
BLAW 316
Legal Environment of Business (C- or better in either)
or Consumers and the Law
3
Elective Course 6 3
 Credits15
Spring
STAT 480 Statistics: Theory and Applications (C- or better) 3
Elective Course - Upper Division 6 3
Elective Course - Upper Division 6 3
Elective Course 6 3
Elective Course 6 1-3
 Credits13-15
 Total Credits120-122