For Undergraduate Catalog: Bachelor of Science in Actuarial Science
Degree Requirements (120 hours)
- Core Curriculum Requirements: 42 hours
A. Communication (6 hours)
3 hours Communication (RHET 1302)
3 hours Business Communication (BA 3311)
B. Social and Behavioral Sciences (15 hours)
3 hours Constitutional Foundations and Political Behavior in the U.S. And Texas (GOVT 2301)
3 hours Political Institutions in the U.S. And Texas (GOVT 2302)
6 hours American History
3 hours Principles of Macroeconomics (ECON 2301)
C. Humanities and Fine Arts (6 hours)
3 hours Exploration of the Arts (AP 1301)
3 hours Exploration of the Humanities (HUMA 1301)
D. Mathematics and Quantitative Reasoning (6 hours)
3 hours Calculus I (MATH 2417)
3 hours Calculus II (MATH 2419)
E. Science with at least 1 hour of laboratory (9 hours)
PHYS 2325/2125 Mechanics with Laboratory
and PHYS 2326/2126 Electromagnetism and Waves with Laboratory
or PHYS 2421 Honors Physics I - Mechanics and Heat with Laboratory
and PHYS 2422 Honors Physics II -Electromagnetism and Waves with Laboratory
or CHEM 1311/1111 and 1312/1112 General Chemistry I and II with Laboratory
And an additional acceptable science course
- Major Requirements: 66 hours
Major Preparatory Courses (21 hours)
CS 1337 Computer Science I
MATH 2418* Linear Algebra
MATH 2420* Differential Equations with Applications
MATH 2451* Multivariate Calculus with Applications
AIM 2301 Introductory Financial Accounting
ECON 2302 Principles of Microeconomics
Major Core Courses (45 hours)
MATH 3310 Theoretical Concepts of Calculus
MATH 3311 Abstract Algebra I
MATH 3379 Complex Variables
MATH 4301 Mathematical Analysis I
MATH 4302 Mathematical Analysis II
MATH 4334 Numerical Analysis
STAT 3355 Data Analysis for Statisticians and Actuaries
STAT 4351 Probability
STAT 4382 Stochastic Processes
BA3341 Business Finance
BA 4346 Investment Management
BA 4354 Insurance and Risk Management
ACTS 4301 Actuarial Science
ACTS 4302 Principles of Actuarial Models
ACTS 4304 Principles of Actuarial Methods
*4 SCH
III Elective Requirements: 12 hours
Students are required to take at least three of the following 12 courses
AIM 2302 Introductory management Accounting
AIM 3331 Intermediate Financial Accounting I
BA 3351 Introduction to Management Information Systems
BA 3390 Quantitative Methods in Finance
BA 4345 Financial Markets and Institutions
BA 4347 Applied Corporate Finance
BA 4348 Options and Future Markets
BA 4350 Personal Financial Planning
ECON 4330 Law and Economics
STAT 4352 Mathematical Statistics
ACTS 4306 Actuarial Probability as Problem Solving
ACTS 4308 Actuarial Financial Mathematics as Problem Solving
All students are required to take at least six hours of advanced electives outside their major field
study. These must be either upper-division classes or lower-division classes that have prerequisites.
New Classes for the Actuarial Science
ACTS 4301 Actuarial Science (3 semester hours) Life contingencies,
survival models, Markov chain models, life insurances and annuities. This class covers parts of CAS Exam 3L and SOA Exam MLC. Prerequisite: STAT 4351, or consent of instructor.
(3-0) T
ACTS 4302 Principles of Actuarial Models (3 semester hours)
Actuarial models including interest rate models, rational valuation of derivative securities, mathematical and probabilistic foundation of risk management. This class covers parts of CAS exam 3F and SOA exam MFE. Prerequisite: STAT 4351, STAT 4382 and BA 4346, or consent of instructor. (3-0) T
ACTS 4304 Principles of Actuarial Methods (3 semester hours) Construction and evaluation of actuarial models, credibility, statistical smoothing techniques and simulations. This class covers parts of CAS Exam 4/SOA Exam C. Prerequisite: STAT 4351 and STAT 4352, or consent of instructor. (3-0) T
ACTS 4306 Actuarial Probability as Problem Solving (3 semester hours)
Topics in actuarial probability via solving problems. This class covers topics
of Exam 1/P. Prerequisite: STAT 4351, or consent of instructor. (3-0) R
ACTS 4308 Actuarial Financial Mathematics as Problem Solving (3 semester hours) Topics in actuarial financial mathematics via solving problems. This class covers topics of Exam 2/FM.
Prerequisite: BA 4346, or consent of instructor. (3-0) R