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Bachelor Degree Requirements

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https://webapp4.asu.edu/programs/t5/roadmaps/ASU00/LAACTBS/null/ALL/2018

Major Requirements

The bachelor degree in Actuarial Science requires a minimum of 120 credit hours, including 62 credit hours of work for the major. The program exposes the students to the following Society of Actuaries preliminary exams: P/1, FM/2, IFM/3F, STAM, LTAM, SRM, MAS-I, MAS-II, and Exam 5 and enables completion of the VEE requirements.

Required Coursework

  • MAT 270: Calculus with Analytic Geometry I (4 cr.)
  • MAT 271: Calculus with Analytic Geometry II (4 cr.)
  • MAT 272: Calculus with Analytic Geometry III (4 cr.)
  • MAT 300: Mathematical Structures (3 cr.)
  • MAT 343: Applied Linear Algebra (3 cr.)
  • MAT 371: Advanced Calculus I (3 cr.)
  • STP 420: Introductory Applied Statistics (3 cr.)
  • STP 427: Mathematical Statistics (3 cr.)
  • ACT 201: Introduction to Elements and Techniques of Actuarial Science (3 cr.)
  • ACT 301: Introduction to Risk Management and Insurance (3 cr.)
  • ACT 310: Mathematics of Finance (4 cr.)
  • ACT 415: Probability for Risk Management (3 cr.)
  • ACT 420: Ratemaking and Reserving (3 cr.)
  • ACT 430: Mathematics of Financial Derivatives (3 cr.)
  • ACT 435: Statistics for Risk Modeling (3 cr.)
  • ACT 440: Long-term Actuarial Mathematics I (3 cr.)
  • ACT 441: Long-term Actuarial Mathematics II (3 cr.)
  • ACT 450: Actuarial Models I (3 cr.)
  • ACT 451: Actuarial Models II (3 cr.)
  • ACT 491: Actuarial Exam Preparation Seminar (1 cr.)
  • ECN 211/212: Macroeconomic Principles (3 cr.) or Microeconomic Principles (3 cr.)
  • CIS 105: Computer Applications and Information Technology (3 cr.)

Electives

Recommended electives include a variety of courses such as:

  • ACC 231: Uses of Accounting Information I (3 cr.)
  • ACC 241: Uses of Accounting Information II (3 cr.)
  • CIS 308: Advanced Excel (3 cr.)
  • CIS 355: Data Warehousing and Dimensional Modeling (3 cr.)
  • ENG 301: Writing for the Professions (3 cr.)
  • STP 425: Stochastic Processes (3 cr.)
  • ACT 370: Data Analysis in R and Excel (3 cr.)
  • ACT 484: Internship (3 cr.)

Sample schedule

YearFall SemesterSpring Semester
1MAT 270: Calculus with Analytic Geometry IMAT 270: Calculus with Analytic Geometry I
CIS 105: Computer Applications and Information TechnologyACT 201: Introduction to Elements and Techniques of Actuarial Science
ECN 211: Macroeconomics PrinciplesECN 212: Microeconomics Principles
2MAT 272: Calculus with Analytic Geometry IIIACT 415: Probability for Risk Management
ACT 310: Mathematics of FinanceACC 241: Uses of Accounting Information II
MAT 343: Applied Linear AlgebraSTP 420: Introductory Applied Statistics
ACC 231: Uses of AccountingACT 491: Actuarial Exam Preparation Seminar
ACT 301: Introduction to Risk Management and Insurance
3ACT 440: Long-term Actuarial Mathematics IACT 441: Long-term Actuarial Mathematics II
ACT 430: Mathematics of Financial DerivativesACT 435: Statistics for Risk Modeling
ACT 370: Data Analysis in R and ExcelFIN 300: Fundamentals of Finance
STP 427: Mathematical StatisticsACT 420: Ratemaking and Reserving
CIS 355: Data Warehousing and Dimensional Modeling
4ACT 450: Actuarial Models IACT 451: Actuarial Models II
MAT 300: Mathematical structuresMAT 371: Advanced Calculus I
STP 425: Stochastic ProcessesACT 491: Actuarial Exam Preparation Seminar