Actuarial Sciences

Program Coordinator: Prof. David Quigg 

The actuarial field applies mathematics to risk as it is related to insurance, annuities and pension plans.

  1.  An actuarial science-mathematics major is required to take the following courses:
    • MTH 121, 122, 223 Calculus I, II, III....................................................12
    • MTH 207 Elementary Linear Algebra.................................................... 3
    • MTH 325, 326 Probability and Statistics I, II ......................................6
    • MTH 335 Topics in Actuarial Science...................................................6
    • MTH 427 Applied Statistical Methods..................................................3
    • Elective mathematics courses (See note 2).............................................6
    • CS 100 or 101 Programming................................................................3
    • ATG 157 Accounting Principles I .........................................................3
    • ECO 221, 222 Microeconomics, Macroeconomics ..............................6
    • IME 313, 314 Operations Research I, II...............................................6
    • RMI 315 Risk Management and Insurance............................................3
    • FIN 322 Business Finance.....................................................................3
    • Total.......................................................................................60
  2. Required to take at least two additional three-hour courses from courses numbered MTH 301 or above other than MTH 325, MTH 326, Mth 335 and Mth 427.
  3. 3. For an AS-M major a maximum of 25 percent of the total undergraduate program credit hours including required courses may consist of courses from the Foster College of Business Administration. For example, in a 124-credit-hour program a maximum of 31 credit hours of business courses may be taken. Although no additional business courses are required, students wishing to take business courses in addition to those required courses listed above should consider choosing from among the following, subject to the restriction noted above: BUS 100, BUS 210, IB 306, ATG 158, MTG 315, BMA 342, BMA 352, BMA 372, BMA 452, ECO 301, FIN 325, FIN 425, and RMI course. An AS-M major may obtain a minor in Business Administration by also taking MTG 315, BMA 342, and BMA 352.

All students must also satisfy the University's general education requirements.

For more information about the AS-M major, contact Mathematics Professor David Quigg, quigg@bradley.edu