Program Overview

Undergraduate Certificate in Actuarial Science

The Undergraduate Certificate in Actuarial Science is a 12-credit program that prepares students to enter the actuarial field. Actuarial Science is the study of risk, and actuaries are employed by insurance companies, financial institutions, and other businesses to plan for financial stability and manage risk.

Overview

This certificate program requires four upper-division courses from an approved list, including courses that prepare students for two actuarial exams and other courses that satisfy the Validation by Educational Experience requirements of the Society of Actuaries.

Certificate Requirements

The Actuarial Science certificate requires completion of the following 12 hours:

• MATH 627: Probability (3 hours)
• or MATH 727: Probability Theory
• MATH 630: Actuarial Mathematics (3 hours)
• Choose two courses from the following list (6 hours):
  • MATH 526: Applied Mathematical Statistics I
  • MATH 628: Mathematical Theory of Statistics
  • MATH 728: Statistical Theory
  • MATH 611: Time Series Analysis
  • ECON 526: Introduction to Econometrics
  • ECON 715: Elementary Econometrics
  • FIN 310: Finance
  • or FIN 311: Finance, Honors
• Total Hours: 12

Learning Outcomes

At the completion of this program, students will be able to:

• Employ advanced probability theory in solving problems.
• Model actuarial or financial situations using mathematics and statistics.
• Communicate effectively in the practice of actuarial mathematics.