Nov 21, 2024  
2015-16 Undergraduate Catalog 
    
2015-16 Undergraduate Catalog [ARCHIVED CATALOG]

Mathematics, Actuarial Science Concentration, B.S.


Department of Mathematical Sciences  
615-898-2669
Don Hong, program coordinator
Don.Hong@mtsu.edu

A major in Mathematics requires the mathematics core of 21 hours plus 15 hours of specified upper-level courses in the department and at least 12 hours of supporting coursework (either in or out of the department). The supporting coursework must complement the student’s program and be approved by the advisor.

Each Mathematics major is required to complete MATH 4990 . All courses in the Mathematics major or minor (including supporting coursework) must be completed with a grade of C (2.00) or better. All courses transferred from other institutions for credit in the Mathematics major or minor must carry a grade of C (2.00) or better and be approved by the department chair.

The Actuarial Science concentration is designed for students who have a strong mathematical ability with an interest in applying their mathematical knowledge to insurance, finance, risk management, investments, and other areas of business. The program is classified by the Society of Actuaries (SOA) as an Advanced Undergraduate Actuarial Science program and is in complete compliance with the requirements set forth by the Society of Actuaries and the Casualty Actuarial Society (CAS) in the Year 2000 Syllabus and beyond. Therefore, the student can choose coursework necessary to prepare for the SOA/CAS Course/Exams 1 through 4 and SOA Course 6.

Mathematics majors preparing for the actuarial examination series and an actuarial science career should complete this professional program in Actuarial Science. The program requires that the student complete the mathematics core; upper-division actuarial science courses consisting of ACSI 4140 , ACSI 4220 , ACSI 4230 , ACSI 4330 , and two elective courses chosen from ACSI 4240 , ACSI 4340 , ACSI 4630 , ACSI 4640  and STAT 4200 ; and supporting coursework consisting of STAT 4190  and STAT 4320  and MATH 4990 . The student is required to complete ACTG 3000 , ECON 2410 , ECON 2420 , and FIN 3610 . A minor from the Jennings A. Jones College of Business is required. A minor in Insurance is strongly suggested. A Computer Science or Information Systems elective and CSCI 1170  are required.

The following specialized courses do not count toward a Mathematics major or minor: MATH 1010 , MATH 1410 , MATH 1420 , MATH 1530 , MATH 1630 , MATH 1710 , MATH 1720 , MATH 1730 , MATH 1810 , and MATH 4010 . However, MATH 1630 , MATH 1730 , and MATH 1810  may count toward a minor in Mathematics for Managerial, Social, and Life Sciences.

Mathematics Core (21 hours)


Each student majoring in the department must complete the following core (21 hours):

NOTE:


Students with a major in Actuarial Science may substitute STAT 3150  for MATH 2010  and MATH 2050 ; and ACSI 4200  for MATH 3460 .

Curriculum: Mathematics, Actuarial Science


Curricular listings include General Education  requirements in Communication, History, Humanities and/or Fine Arts, Mathematics, Natural Sciences, and Social/Behavioral Sciences categories. 

Students should consult their advisors each semester to plan their schedules.

Freshman


Subtotal: 29 Hours


Subtotal: 31 Hours


Junior


Subtotal: 30 Hours


Senior


Subtotal: 30 Hours


Total hours in program: 120


Academic Map


Following is a printable, suggested four-year schedule of courses:

Mathematics, Actuarial Science, B.S., Academic Map