These requirements are for students who matriculated in academic year 2023-2024. Students who matriculated prior to fall 2023 should refer to the Archives to view the requirements for their Bulletin year.
Summary of Requirements
University Requirements
All new students are required to complete the university's General Education (GenEd) curriculum.
Note that students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University requirements current at the time of re-enrollment.
College Requirements
Students are strongly encouraged to take the professional actuarial exams immediately after completing the relevant coursework. Students must meet the College Graduation Requirements for the Bachelor of Business Administration including the requirements of the major listed below. Students must attain a 2.0 cumulative GPA and 2.0 in the major to graduate with the Actuarial Science major.
Major Requirements
Students must follow the Major Requirements and College Requirements current at the time of declaration. Students not continuously enrolled who have not been approved for a Leave of Absence or study elsewhere must follow University, College, and Major requirements current at the time of re-enrollment.
Requirements of Actuarial Science Major
| Code | Title | Credit Hours |
|---|---|---|
| AS 2502 | Theory of Interest | 3 |
| AS 2503 | Actuarial Corporate Finance 1 | 3 |
| AS 3501 | Long-Term Actuarial Modeling | 3 |
| AS 3503 | Short-Term Actuarial Modeling 2 | 3 |
| AS 3596 | Actuarial Practice: Property and Liability | 3 |
| or AS 3597 | Actuarial Practice: Group & Health Benefits | |
| Select two of the following courses: | 6 | |
AS 3502 | Advanced Long-Term Actuarial Modeling | |
AS 3580 | Special Topics: Actuarial Science 3 | |
AS 4503 | Advanced Short-Term Actuarial Modeling 3 | |
AS 4504 | Advanced Actuarial Analytics 3 | |
RMI 3567 | Managing International Risk | |
| Total Credit Hours | 21 | |
- 1
AS 2503 replaces FIN 3101 in the upper-division foundation. This course is not calculated in the major GPA.
- 2
This is the major capstone, and all prerequisites must be met.
- 3
Course only offered in Spring term.
Non-Business Required Courses
| Code | Title | Credit Hours |
|---|---|---|
| MATH 1041 | Calculus I 1 | 4 |
| MATH 1042 | Calculus II 1 | 4 |
| AS 1501 | Actuarial Probability 2 | 3 |
| AS 2505 | Actuarial Statistics 2 | 3 |
| AS 3504 | Actuarial Analytics 2 | 3 |
| Total Credit Hours | 17 | |
- 1
MATH 1041 & MATH 1042 replace the STAT 1001 & STAT 1102 requirements listed in the Fox School of Business & Management foundation course requirements. MATH 1041 also satisfies the Quantitative Literacy (GQ) General Education requirement.
- 2
These courses replace STAT 2103 in the Fox School of Business & Management foundation course requirements.