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Requirements

The Bachelor of Science degree with a major in actuarial science requires the completion of 13 units of actuarial science, business, economics, mathematics, and statistics courses as seen below (current as of Fall 2026, for previous versions, please see the appropriate academic catalog):

  • Mathematics and Statistics Courses
    • MATH 121 Calculus I
    • MATH 122 Calculus II (pre-req, MATH 121)
    • STAT 210 Statistical Methods I
    • STAT 220 Statistical Methods II (pre-req, STAT 210/INQ 240)
    • STAT 301 Mathematical Statistics (pre-req, MATH 122)
  • Actuarial Science Course
    • ACSI 301 Theory of Interest (prel-req, MATH 121; encouraged to take BUAD 342 prior)
  • Business Administration and Economics Courses
    • BUAD 205 Accounting for Decision Making
    • BUAD 250 Insurance and Risk Management (pre-req, BUAD 205 & ECON 122)
    • ECON 121 Principles of Microeconomics
    • ECON 122 Principles of Macroeconomics
  • Economics Track OR Accounting & Corporate Finance Track
    • ECON 321 Intermediate Microeconomics (pre-req, ECON 121 & MATH 121)
          AND
      ECON 348 Econometrics (pre-req, ECON 321 or 322 AND STAT 210/INQ 240)
      OR
    • BUAD 242 Investments (pre-req, BUAD 205 & ECON 122)
          AND
      BUAD 342 Corporate Finance (pre-req, BUAD 205, BUAD 218, & ECON 121)
  • Elective Courses (choose at least one of the following)
    • BUAD 352 Fixed Income and Derivative Securities (pre-req, BUAD 242 & 342)
    • BUAD 442 Finance Capstone (pre-req, BUAD 242 & 342 and ECON 232)
    • ECON 227 Health Economics (pre-req, ECON 121)
    • ECON 232 Money and Banking (pre-req, ECON 121 & 122)
    • SOCI 223 Ethics and Medicine
    • STAT 304 Applied Regression Analysis (pre-req, STAT 210 OR 220)
    • ACSI 406 Independent Study (alt. ACSI 405 and 407)
    • ACSI 416 Internship
    • ACSI 496 Honors in Major (alt. ACSI 495 and 497)

Note that students interested in pursuing health-related careers should take ECON 227 and PHIL 223 as their electives, students interested in pursuing more finance-related careers should take BUAD 442 and ECON 232 as their electives, and students interested in statistics-related careers should take STAT 304 as an elective.

The Society of Actuaries (SOA) offers a series of credentialing exams; students should talk to their advisor about taking these exams. Courses STAT 210/220 and STAT 301 prepare students for SOA EXAM P, and the course ACSI 301 prepares students for SOA EXAM FM.