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Business Administration - Actuarial Science Concentration Requirements

Actuarial Science combines elements of Finance, Mathematics, Statistics, Data Science, and Programming. Students will understand qualitatively and quantitatively the application of a wide variety of interest algorithms to diverse financial investments. Learning outcomes for the concentration will include:

  • The student will demonstrate advanced critical thinking, problem-solving, and programming skills in order to solve open-ended data-based problems.

  • The student will be able to apply advanced statistical tools in R in order to build robust and scalable risk models.

  • The student will possess robust qualitative and quantitative skills in the use of probability concepts and techniques.

The business administration major with a concentration in actuarial science requires the 43-semester hour business core, 12 semester hours of supplemental courses, and the completion of 18 semester hours shown below. Some courses in this concentration may be offered through the LCMC/Rize platform.

Requirements

Actuarial Science Concentration Requirements

Business Administration Core

43
BUS 360Data Analytics

3
BUS 361Business Programming

3
BUS 362Spreadsheet Technology

3
BUS 365Mathematical Theory of Interes

3
BUS 366Probability for Actuaries

3
BUS 461Actuarial Sci & Risk Manage W/R

3

Required Supplemental Courses for the Actuarial Science Concentration

MAT 231Calculus I

4
MAT 232Calculus II

4
MAT 233Calculus III

4
Total Credit Hours:73

BUS 365, BUS 366, BUS 461 are offered online through partnership with Rize