- Course Requirements
Requirements for the Actuarial Science Major
(updated 7-25-2012)
Introductory Courses Course Title Credits
Offered Prerequisites ACC 205 Financial Accounting 3 Every sem. STAT 110 or sophomore standing ACC 206 Managerial Accounting 3 Every sem.
ACC 205 ECON 221 Principles of Econ-Micro 3 Every sem.
None ECON 222 Principles of Econ-Macro 3 Every sem.
None IDS 110 Business Spreadsheet Applications 1 Every sem
STAT 110 (or placement beyond STAT 110) IDS 111 Business Applications Programming 1 Fall-all yrs.
IDS 110 or CS 157 CS 128 Intro to Programming 1 Spring-all yrs.
STAT 110 (or placement beyond MATH 110) STAT 131 Calculus I 4 Every sem.
STAT 114 (Pre-Calculus) or placement MATH 132 Calculus II 4 Every sem.
STAT 131 STAT 264 Linear Algebra 1
3 Fall-all yrs.
MATH 132 or 220 Probability and Statistics Courses STAT 240(5)
Statistical Analysis 3 Every sem.
MATH 114 STAT/IDS 340(1)
Statistics for Decision Making
3 Every sem.
STAT 240 or IDS 205 or CE 202 or ECE 365 ECON 325(1)
Econometrics 3 Fall-all yrs.
ECON 221 and ECON 222 and STAT 240/1DS 205) STAT 341
Probability 4 Every 3 sem. next Spring 2013
STAT 240 and MATH 132 STAT 342
Mathematical Statistics
3 every 3 sem
Fall 2013STAT 341 STAT 344
Applied Probability and
Statistical Decision Theory3 Fall - odd years
STAT 240 or IDS 205 STAT 343 Time Series Analysis
3 Fall
ECON 325 or STAT/IDS 340 Finance & Modeling Courses FIN 304 Financial Management 3 Every sem.
ACC 205, ECON 221, and 48 credits FIN 410 Theory of Corporate Finance 3 Fall-all yrs.
FIN 304 and (IDS 110 or CS 157) and MATH 340(3) FIN 420 Investment Management 3 Fall-all yrs.
FIN 304 and (IDS 110 or CS 157) FIN 425 Financial Derivatives 3 Spring-all yrs.
FIN 420 ECON 321(2) Intermed Microeconomic Theory 3
Spring:
odd yearsECON 221
ECON 324(2) Managerial Economics 3 Random ECON 221 Capstone Course ACRS 325 Actuarial Modeling 3 Every 3 sem
Spring 2013STAT/IDS 340 or ECON 325
Requirements for the Actuarial Science Minor(4)Course Title Credits
Offered Prerequisites ECON 221 Principles of Economics - Micro 3 Every sem.
None ECON 222 Principles of Economics - Macro 3 Every sem.
None STAT 341 Probability 4 Every 3 sem. next Spring 2013
STAT 240 and MATH 132 FIN 410 Theory of Corporate Finance 3 Fall-all yrs.
FIN 304 and (IDX 110 or CS 157) and STAT/IDS 340(3) ACRS 325
Actuarial Modeling 3 Every 3 sem
Spring 2013STAT/IDS 340 or ECON 325
Prerequisite Courses needed for (but not officially part of) the minor: STAT 131, MATH 132, STAT 240, FIN 304, IDS 110, and ACC 205Notes
(1) One of MATH 340 or ECON 325 is required.
(2) One of ECON 321 or ECON 324 is required.
(3) STAT/IDS 340 may be taken concurrently with FIN 410
(4) In order to satisfy the minor, all of the prerequisite courses for the minor must also be satisfied.
(5) Equivalent courses which also fulfill this requirement are STAT 140 or IDS 205.