Bachelor of Science – Actuarial Science Major (120 hrs.)
The Bachelor of Science with a major in Actuarial Science program at Trine University prepares students for a career as an actuary. Graduates will have the knowledge and skills to pass the preliminary exams P (Probability) and FM (Financial Mathematics) as given by the Society of Actuaries, as well as the foundation needed to prepare to pass the remaining exams offered by the society. Courses in the Bachelor of Science with a major in Actuarial Science program include the broad range of mathematics, probability and finance needed for success in the actuarial profession. Students will learn to solve problems in a non-deterministic setting using appropriate statistical and probabilistic methods, and to solve problems in a deterministic setting in finance and investments. They also will apply probabilistic and statistical tools and methods to areas such as finance, investments, insurance and risk analysis. Graduates who eventually pass actuarial exams can be employed by the government or by any business that needs to manage financial risk, including insurance companies, consulting firms, large corporations, hospitals, banks and investment firms.
Outcomes
Apply mathematical and statistical skills to course-specific settings and problems requiring knowledge from multiple fields of mathematics and actuarial science.
Identify and propose solutions to real world problems involving risk and uncertainty.
Complete the requirements for all Validation by Educational Experience as laid out by the Society Of Actuaries in order to gain an understanding of economics, finance, accounting, and statistics.
Apply key concepts and foundational skills as associated with the preliminary exams P (Probability) and FM (Financial Mathematics) as given by the Society Of Actuaries (SOA) and to gain the foundations to study for future exams offered by the SOA.
Degree Requirements
General Education Requirements - 33 hours
Communication – 9 hrs.
Humanities and Social Science – 9 hrs.
Mathematics and Science – 12 hrs.
Other – 3 hrs.
| CSIT 163 | Using Programming to Solve Problems | 3 |
| Or | |
| CS 1113 | Introduction to Object-Oriented Program | 3 |
Content Requirements - 87 hours
Required
Content – 49 hrs.
A grade of “C” or higher is required for each content course in the major.
Free Electives – 37 hrs.
Electives are determined in conjunction with an advisor and based on student career objectives.
Total Credit Hours: 120