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Mathematics with a Concentration in Actuarial Science

Stand out in the competitive risk analysis industry

The Bachelor of Science degree in Mathematics with Actuarial Science prepares you to enter the actuarial field while giving you a broad introduction to the study of mathematics. In addition to being prepared for graduate study in mathematics or statistics, when you successfully complete the program, you'll be prepared for the first two actuarial exams and will have even satisfied the VEE requirements.

School

Campus Locations

Main Campus - Alfred, NY

Major

Mathematics with Actuarial Science (BS)

Minor

none offered

Program Contact

Joseph Petrillo

petrillo@alfred.edu

607-871-2816

Why Mathematics with Actuarial Science at AU?

Top-Ranked Job

In terms of income, work environment, and hiring outlook, mathematics with actuarial science consistently ranks as one of the top jobs in the United States.

VEE Accreditation

Satisfy the VEE (Validation of Educational Experience) requirements and more while earning a Bachelor of Science degree in Mathematics with Actuarial Science.

Multidisciplinary

Consider combing your math education across different disciplines that also utilize actuarial risk assessment, such as criminal justice , business, finance, and education .

  • ACCT 211 Financial Accounting
  • ACCT 212 Managerial Accounting
  • CSCI 156 Computer Science I
  • ECON 201 Principles of Microeconomics
  • ECON 202 Principles of Macroeconomics
  • FIN 205 Student Managed Investment Fund
  • FIN 206 Student Managed Investment Fund Lab
  • FIN 348 Managerial Finance
  • MATH 151 Calculus I
  • MATH 152 Calculus II
  • MATH 253 Calculus III
  • MATH 271 Differential Equations
  • MATH 281 Foundations of Higher Mathematics
  • MATH 351 Introduction to Operations Research
  • MATH 371 Linear Algebra
  • MATH 381 Mathematical Statistics
  • MATH 382 Actuarial Exam Preparation
  • MATH 391 Statistical Methods
  • MATH 481 Modern Algebra
  • MATH 491 Advanced Calculus

The Bachelor of Science degree in Mathematics with Actuarial Science prepares students to for the first two actuarial exams while also preparing them to enter a professional working environment. In addition to passing the actuarial exams, the Society of Actuaries also requires of actuaries the completion of approved coursework in three areas:

  • Economics
  • Corporate finance
  • Applied statistical methods

These requirements are satisfied through the coursework in this major. The specific courses that satisfy these requirements are listed on the Society of Actuaries website.

In addition to fulfilling the requirements of the Interdepartmental Major, as well as the College of Liberal Arts & Sciences general education requirements, you'll be required to complete the College's First Year Experience Program or Transfer Student Program.

The minor in mathematics requires 22 credit hours of mathematics courses numbered 151 and above. It must include MATH 151, 152, and 253. At most two credits of independent study may be applied toward the mathematics minor. Courses should be selected in consultation with the mathematics minor advisor.
Graduates with a bachelor's degree in Mathematics qualify for a wide range of positions in business,
industry, government and education. Companies in the computer and communications industries
employ many mathematicians as do all kinds of companies, banks, insurance companies and
consulting firms. Many bureaus and branches of the federal government employ mathematicians,
including the Department of Health and Human Services, the General Accounting Office,
Department of Energy, Department of Defense, the National Aeronautics Space Administration and
the National Security Agency.

Faculty / Staff

Each of the faculty members in the Division of Mathematics and Computer Science are dedicated to teaching and advising, as well as to mathematics itself. Since their specialties and interests are diverse, they frequently run independent studies on topics that are not part of the regular curriculum. Recent topics include Raspberry Pi, Egyptian mathematics, and stock market valuation through data analysis. Faculty offices are located around the Math Common Room, a space where students feel free to drop in all day. Whether using this room for study or visiting a teacher, students quickly become accustomed to talking with faculty outside of class.

Similar Programs

Students interested in getting an education in Mathematics with Actuarial Science often minor or double major in the following similar programs:

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Joseph Petrillo

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