COURSE REQUIREMENTS

Requirements for the Actuarial Science Major

Introductory Courses
 Course  Title  Credits
 Offered  Prerequisites
ACC 205 Financial Accounting  3  all Math 101 or sophomore standing
ACC 206 Managerial Accounting  3  all ACC 205
ECON 221 Principles of Econ-Micro  3  all None
ECON 222 Principles of Econ-Macro  3  all None
IDS 110 Business Spreadsheet Applications  1  all MATH 110 (or placement beyond MATH 110)
IDS 111 Business Applications Programming  1  Fall IDS 110 or CS 157
CS 128 Intro to Programming  1  Spring MATH 110 (or placement beyond MATH 110)
MATH 131 Calculus I  4  all MATH 114 (Pre-Calculus) or placement
MATH 132 Calculus II  4  all MATH 131
MATH 264 Linear Algebra  3  Fall MATH 132 or 168
Probability and Statistics Courses
MATH 240
Statistical Analysis  3  all MATH 132
MATH/IDS 340(1)
Statistics for Decision Making
 3  all MATH 240 or IDS 205 or CE 202 or ECE 365
ECON 325(1)
Econometrics  3  Fall ECON 221 and ECON 222 and (MATH 240/1DS 205)
MATH 341
Probability  4  Spring MATH 240 and MATH 132
MATH 342
Mathematical Statistics
 3  every 3 sem
 Next: Fall '09
MATH 341
MATH 344
Applied Probability and
Statistical Decision Theory
 3 Spring:
even years
MATH 240 or IDS 205
MATH 393 Seminar in Applied Statistics
 3  every 3 sem
 Next: Fall '10
ECON 325 or MATH/IDS 340
Finance & Modeling Courses
FIN 304 Financial Management  3  all ACC 205, ECON 221, and 48 credits
FIN 410 Theory of Corporate Finance  3  Fall FIN 304 and (IDS 110 or CS 157) and MATH 340(3)
FIN 420 Investment Management  3  Fall FIN 304 and (IDS 110 or CS 157)
FIN 425 Financial Derivatives  3  Spring FIN 420
ECON 321(2) Intermed Microeconomic Theory  3
 Spring:
odd years
ECON 221
ECON 324(2) Managerial Economics  3  Random ECON 221
Capstone Course
ACRS 325 Actuarial Modeling  3  every 3 sem
 Next: Spring '10
MATH/IDS 340 or ECON 325


Requirements for the Actuarial Science Minor(4)

 Course  Title  Credits
 Offered  Prerequisites
ECON 221 Principles of Economics - Micro  3  all None
ECON 222 Principles of Economics - Macro  3  all None
MATH 341 Probability  3  Spring MATH 240 and MATH 132
FIN 410 Theory of Corporate Finance  3  Fall FIN 304 and (IDX 110 or CS 157) and MATH 340(3)
ACRS Actuarial Modeling  3  every 3 sem
 Next: Spring '10
MATH/IDS 340 or ECON 325


Prerequisite Courses needed for (but not officially part of) the minor: MATH 131, MATH 132, MATH 240, FIN 304, IDS 110, and ACC 205

Notes
(1) One of MATH 340 or ECON 325 is required.
(2) One of ECON 321 or ECON 324 is required.
(3) MATH 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.