OHIO University Undergraduate Catalog 2014-15
[Archived Catalog]
Actuarial Science Major (B.S.) |
Major code BS3105
College of Arts and Sciences
Department of Mathematics
Morton Hall 321
Athens, OH 45701
Phone: 740.593.1254
Fax: 740.593.9805
mathematics@ohio.edu
www.ohio.edu/cas/math/index.cfm
Robert Klein, contact person
Program Overview
The following program is intended to prepare students for entering the actuarial profession. You should be prepared to pass the first actuarial examination before graduation.
The program has a strong business component (with the addition of BUSL 2000, MGT 3000, MKT 2020, and MIS 2021, it satisfies the requirements for a Business minor
) and is suitable if you plan to combine mathematics with a career in business. FIN 3270, 3410, 4610, MATH 3400 and 4560 are also recommended in addition to the required courses.
When planning a course of study in actuarial science, it is strongly recommended that you consult an advisor in the Mathematics Department.
Admissions Information
Freshman/First-Year Admission
No requirements beyond University admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:
- Have at least a 30 ACT Math score or a SAT Math score of 680 or above
- Have scored at least a 3 on the AP Calculus AB exam
- Have scored at least a 4 on the AP Statistics exam
Change of Program Policy
No selective or limited admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:
- Have at least a 30 ACT Math score or a SAT Math score of 680 or above
- Have scored at least a 3 on the AP Calculus AB exam
- Have scored at least a 4 on the AP Statistics exam
- Attained Level 3 on the Math Placement Exam
- Earned at least an A- in MATH 2301 or have an A- on an equivalent transfer course
- Completed MATH 2301, 2302, 3300 with no grade less than a B
External Transfer Admission
No requirements beyond University admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:
- Have at least a 30 ACT Math score or a SAT Math score of 680 or above
- Have scored at least a 3 on the AP Calculus AB exam
- Have scored at least a 4 on the AP Statistics exam
- Earned at least an A- in a course equivalent to MATH 2301
- Completed a calculus sequence with no grade less than a B
Opportunities Upon Graduation
The actuarial profession is consistently rated as one of the most desirable. Actuaries work for insurance, pensions, and other businesses that involve the management of risk.
Requirements
Universitywide Graduation Requirements
To complete this program, students must meet all Universitywide graduation requirements .
Liberal Arts and Sciences Distribution Requirement
View the A&S - College Level Requirements (A&S CLR) .
Program Requirements
For a B.S. degree with a major in actuarial science, a student must complete a total of at least 40 semester credit hours of mathematics courses.
Mathematics Bachelors Common Requirements
Complete the following requirements:
- MATH 2301 - Calculus I Credit Hours: 4
- MATH 2302 - Calculus II Credit Hours: 4
- MATH 3210 - Linear Algebra Credit Hours: 3
- MATH 3300 - Calculus III Credit Hours: 4
- MATH 3500 - Probability Credit Hours: 3
Discrete Math
Complete one of the following courses:
- CS 3000 - Introduction to Discrete Structures Credit Hours: 4
- MATH 3050 - Discrete Mathematics Credit Hours: 3
Statistics and Actuarial Courses
Complete the following courses:
- MATH 2500 - Introduction to Statistics Credit Hours: 4
- MATH 4500 - Theory of Statistics Credit Hours: 3
- MATH 4510 - Applied Statistics Credit Hours: 3
- MATH 4520 - Stochastic Processes Credit Hours: 3
- MATH 4550 - Basic Principles of Actuarial Science Credit Hours: 3
Accounting, Economics, Finance, and Management
Complete the following courses:
- ACCT 1010 - Foundations of Accounting Credit Hours: 3
- ECON 1030 - Principles of Microeconomics Credit Hours: 3
- ECON 1040 - Principles of Macroeconomics Credit Hours: 3
- FIN 3000 - Foundations of Financial Management Credit Hours: 3
- FIN 3310 - Risk and Insurance Credit Hours: 3
- FIN 4360 - Life Insurance Credit Hours: 3
- MGT 2000 - Introduction to Management Credit Hours: 3
Computing
Complete at least one of the following courses:
- ET 2100 - Programming in C Credit Hours: 4
- MATH 4530 - Statistical Computing Credit Hours: 3