Actuarial Mathematics

Abstract

This program offers students an attractive option for those interested in pursuing advanced degrees in mathematical or quantitative finance and master’s degrees in business administration, as well as in securing employment in the banking and insurance industries. This multidisciplinary course of study concentrates on applied mathematics with a focus on financial models. In addition to a core curriculum of mathematics courses, students are required to complete specific courses in statistics, economics, and computer science. The capstone courses in the program, Math 1120 and 1121, follow the most recent syllabi approved by the Society of Actuaries and the Casualty Actuarial Society for the societies’ professional examinations in financial mathematics, financial economics, and life contingencies. The department organizes seminars, led by local actuaries, to prepare students for taking these professional society examinations as well as the examination in probability.