Actuarial Science Concentration
The Actuarial Science concentration (CASC)provides a unique opportunity for students to build relationships with actuarial professionals in the insurance/consulting industry in the greater Boston area. The concentration provides students majoring in Applied Mathematics with the fundamentals of risk assurance and modeling. Additionally, students will be well-prepared to take the first two Society of Actuaries (SOA) exams: Exam P: Probability and Exam FM: Financial Math. To earn a concentration in Actuarial Science, Applied Mathematics students must complete a total of sixteen (16) credits, which may also satisfy the sixteen (16) credits of required technical electives for Applied Mathematics majors.
| Course | Title | Credits |
|---|---|---|
| Prerequisite Courses | ||
| MATH1750 | ENGINEERING CALCULUS I | 4 |
| or MATH1775 | INTEGRATED ENGINEERING CALCULUS I | |
| or | ||
| MATH1776 & MATH1777 | CALCULUS 1A and CALCULUS 1B | 4 |
| and | ||
| MATH1850 | ENGINEERING CALCULUS II | 4 |
| or MATH1875 | INTEGRATED ENGINEERING CALCULUS II | |
| or | ||
| MATH1876 & MATH1877 | CALCULUS 2A and CALCULUS 2B | 4 |
| and | ||
| MATH2100 | PROBABILITY & STATISTICS FOR ENGINEERS | 4 |
| TOTAL CREDITS | 12 | |
| Course | Title | Credits |
|---|---|---|
| Core Requirements | ||
| MATH1950 | FINANCIAL MATHEMATICS | 4 |
| MATH2250 | TIME SERIES | 4 |
| MATH4475 | ACTUARIAL MATHEMATICS | 4 |
| Select one of the following Economics courses: | ||
| ECON4102 | PRINCIPLES OF ECONOMICS | 4 |
| ECON4152 | MACROECONOMICS | 4 |
| ECON4154 | MICROECONOMICS | 4 |
| TOTAL CREDITS ( does not include 12 credits of pre-requisite courses) | 16 | |