Mathematics Major with a Conce...

Mathematics Major with a Concentration in Actuarial Studies

Develop your expertise for a career as an actuary.

The Mathematics Major with a Concentration in Actuarial Studies will prepare you for a career in insurance, finance, or related profession. Study statistics, mathematical modeling, and data analysis and learn how to calculate probability and risk. As part of your professional training, you will study financial mathematics and database applications.

Mathematics is the language of science and also plays a key role in many of the social sciences. An understanding of mathematics provides a powerful approach to solving problems through organization, simplification, and abstraction. In today’s job market, individuals with highly developed analytical and problem-solving skills are in great demand. Therefore, there are numerous career options for you if you choose to major in mathematics.

Requirements

Explore sample courses in this program.

MA-200 Calculus I

Limits, continuity, differentiation and integration of functions, the Fundamental Theorem of Calculus, L’Hôpital’s Rule, applications including related rates, optimization, and area.

4 credits

MA-240 Theory of Proof

Logic and proof, set theory, math induction, relations, functions, sequences and convergence, limits and continuity, congruences, introductions to groups.

4 credits

MA-260 Linear Algebra

Solutions of simultaneous equations by means of matrices and determinants; vector spaces and linear transformations; also, as time permits, characteristic values and bilinear and quadratic forms.

3 credits

MA-302 Probability and Statistics

Descriptive statistics, probability theory, combinatorics, correlation, regression, and inference techniques.

3 credits

MA-303 Mathematical Modeling

The development, analysis, and application of continuous and discrete-time models from the physical, financial, and life sciences.

3 credits

MA-304 Data Analysis

Case studies combining applied statistics, mathematical statistics, mathematics, computing, and communications to simulate work experience of a practicing statistician.

4 credits

MA-380 Probability

Probability concepts including counting, conditional probability, independence, expectation, and variance of univariate and multivariate distributions. This is the first course in a 2-course sequence that prepares students for the first actuarial exam.

3 credits

BA-404 Corporate Finance

Advanced capital budgeting, capital structure, long-term financing decisions, dividend policy, computer modeling, comprehensive financial strategy cases.

3 credits