Mathematics, Actuarial Program

The Actuarial Science Program at University of Michigan - Flint is designated an "Undergraduate-Introductory" actuarial science program by the Society of Actuaries. It is designed for the student who wishes to pursue a career as an actuary, a career which requires strong mathematical skills as well as training in business-related areas. Actuaries work for insurance companies, financial planning agencies, governmental agencies, and other organizations to assist them in planning for the future using statistical and other mathematical techniques.

Actuaries advance in their careers by passing examinations offered by the two American actuarial societies, the Society of Actuaries and the Casualty Actuarial Society. The courses required for this degree cover much of the material on the first two examinations of these two organizations. It is often possible for students to take an examination prior to graduation.

The actuarial program in the UM - Flint mathematics department is headed by professors Dr. Kenneth Schilling and Dr. Lixing Han.  A sample four-year course layout can be found here, and further program requirements can be found by clicking the bar below.

Actuarial Program Requirements

Actuarial Mathematics Program (BS)

This program is designated as an “Undergraduate-Introductory” actuarial science program by the Society of Actuaries. It is designed for the student who wishes to pursue a career as an actuary, a career which requires strong mathematical skills as well as training in business-related areas. Actuaries work for insurance companies, financial planning agencies, governmental agencies, and other organizations to assist them in planning for the future using statistical and other mathematical techniques.

Actuaries advance in their careers by passing examinations offered by the two American actuarial societies, the Society of Actuaries and the Casualty Actuarial Society. The courses required for this degree cover much of the material on the first two examinations of these two organizations. It is often possible for students to take an examination prior to graduation.

Requirements. Completion of 124 credits, including:

  1. MTH 121 , MTH 122 , MTH 200 , MTH 220 , MTH 222  (18 credits).
  2. MTH 372 , MTH 374  or MTH 377 , MTH 375 MTH 378 MTH 380 MTH 393 , MTH 402 , and at least one other MTH course numbered 300 or higher, excluding  MTH 390   , MTH 391  , MTH 395   (22-23 credits).
  3. ACC 201 , ACC 202 , FIN 361  (9 credits).
  4. CSC 175  and any necessary prerequisites.
  5. ECN 201 , ECN 202 , ECN 315 , ECN 354  (12 credits).
  6. Also recommended: FIN 363 , FIN 463 ; knowledge of Excel; a minor in Computer Science or Business (Finance).
  7. All requirements of the College of Arts and Sciences (CAS) Bachelor of Science  degree, including General Education requirements .

 

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