Bachelor of Science in Mathematics (Financial-Actuarial Science)
About This Program
The Bachelor of Science in Mathematics Actuarial Science option is intended for students interested in careers involving various applications of mathematics to the world of business.
Competencies
- On completion, students will be able to effectively study for and do well on the Probability Exam given by the Society of Actuaries (SOA).
- On completion, students will be able to effectively study for and do well on the Financial Mathematics exam given by the SOA.
- On completion, students will be able to effectively study for and do well on the Validation by Educational Experience (VEE) Courses required by the SOA.
- On completion, students will be able to competitively apply for internships in the actuarial field.
Admissions Criteria
First-time admission
Students who wish to apply for major status in mathematics must first complete the University and College of Science requirements and the specific requirements of the Department of Mathematics listed below.
- Overall GPA of 2.25;
- Minimum GPA of 2.25 in at least nine hours of mathematics courses in residence at the level of MATH 1426 or above, excluding capstone mathematics courses specifically for prospective middle or secondary grades mathematics teachers;
- At least six hours from the science or computer science courses listed in the mathematics degree plans; and
- Twelve hours of courses of the University core curriculum in disciplines other than science and mathematics.
Students currently enrolled at the University may qualify to change their major to mathematics by meeting the requirements listed above.
Maintaining Academic Standing
Majors whose overall GPA or GPA in major courses falls below 2.25 will be required to change their major.
To re-enter as a mathematics major, the student must meet the requirements listed in the First-time Admission section.
Curriculum Requirements
| Foundations | ||
| General Core Requirements | 42 | |
| Students must complete specific courses in certain core areas. | ||
| For Communication select: | ||
| RHETORIC AND COMPOSITION I and RHETORIC AND COMPOSITION II | ||
| Mathematics | ||
| CALCULUS I | ||
| CALCULUS II | ||
| For Life and Physical Science select one of the follwoing sequences: | ||
| BIOLOGY I FOR SCIENCE MAJORS: CELL AND MOLECULAR BIOLOGY and BIOLOGY II FOR SCIENCE MAJORS: ECOLOGY AND EVOLUTION | ||
| GENERAL CHEMISTRY I and GENERAL CHEMISTRY II | ||
| EARTH SYSTEMS and EARTH HISTORY | ||
| GENERAL TECHNICAL PHYSICS I and GENERAL TECHNICAL PHYSICS II | ||
| For Social and Behavioral Sciences select: | ||
| PRINCIPLES OF MACROECONOMICS | ||
| Mathematics BS Foundations | ||
| UNIV 1101 | CAREER PREPARATION AND STUDENT SUCCESS | 1 |
| or UNIV 1131 | STUDENT SUCCESS | |
| Additional hours from Mathematics courses required in the core. | 2 | |
| Select an additional two-course sequence from the general education core Life and Physical Sciences list. | 6 | |
| Select one of the following computer science courses: | 3 | |
| INTRODUCTION TO COMPUTERS & PROGRAMMING | ||
| PYTHON FOR DATA SCIENCE 1 | ||
| NUMERICAL ANALYSIS & PROGRAMMING | ||
| Specialization | ||
| MATH 2326 | CALCULUS III | 3 |
| MATH 3300 | INTRODUCTION TO PROOFS (satisfies Oral Communication Competency) | 3 |
| MATH 3302 | MULTIVARIATE STATISTICAL METHODS | 3 |
| MATH 3313 | INTRODUCTION TO PROBABILITY | 3 |
| MATH 3316 | STATISTICAL INFERENCE | 3 |
| MATH 3318 | DIFFERENTIAL EQUATIONS | 3 |
| MATH 3321 | ABSTRACT ALGEBRA I | 3 |
| MATH 3330 | INTRODUCTION TO LINEAR ALGEBRA AND VECTOR SPACES | 3 |
| MATH 3335 | ANALYSIS I | 3 |
| MATH 3345 | NUMERICAL ANALYSIS AND COMPUTER APPLICATIONS | 3 |
| MATH 4313 | MATHEMATICAL STATISTICS | 3 |
| ECON 2306 | PRINCIPLES OF MICROECONOMICS | 3 |
| ACCT 2301 | PRINCIPLES OF ACCOUNTING I | 3 |
| ACCT 2302 | PRINCIPLES OF ACCOUNTING II | 3 |
| Select one mathematics course numbered 3301 or above. | 3 | |
| Select two of the following: | 6 | |
| STOCHASTIC MODELS AND SIMULATION | ||
| ACTUARIAL RISK ANALYSIS | ||
| MATHEMATICAL FINANCE | ||
| Select one of the following: | 3 | |
| ABSTRACT ALGEBRA II | ||
| ADVANCED MULTIVARIABLE CALCULUS | ||
| ANALYSIS II | ||
| Select four of the following: | 12 | |
| BUSINESS FINANCE | ||
| INVESTMENTS | ||
| FINANCIAL INSTITUTIONS AND MARKETS | ||
| PORTFOLIO MANAGEMENT AND SECURITY ANALYSIS | ||
| FINANCIAL DERIVATIVES | ||
Any FINA course numberd 3300 to 3399. | ||
| Total Hours | 120 | |
- 1
Except for capstone mathematics courses specifically for prospective middle grades or secondary grades mathematics teachers.
VEE Certification and Associate of the Society of Actuaries (ASA) Requirements
| First Year | |||
|---|---|---|---|
| First Semester | Hours | Second Semester | Hours |
| MATH 1426 | 4 | MATH 2425 | 4 |
| Life and Physical Science (Additional Science Requirement) | 3-4 | MATH 3316 | 3 |
| ENGL 1301 | 3 | Life and Physical Science (Additional Science Requirement) | 3-4 |
| Creative Arts | 3 | Communication | 3 |
| UNIV 1131 (or UNIV 1101) | 1 | Computer Programming Elective | 3-4 |
| 14-15 | 16-18 | ||
| Second Year | |||
| First Semester | Hours | Second Semester | Hours |
| MATH 2326 | 3 | MATH 3318 | 3 |
| MATH 3300 | 3 | MATH 3321 | 3 |
| MATH 3330 | 3 | Language, Philosophy, and Culture | 3 |
| ECON 2305 | 3 | ECON 2306 | 3 |
| ACCT 2301 | 3 | ACCT 2302 | 3 |
| 15 | 15 | ||
| Third Year | |||
| First Semester | Hours | Second Semester | Hours |
| MATH 3345 | 3 | MATH 3302 | 3 |
| MATH 3313 | 3 | Select one of the following: | 3 |
| MATH 3335 | 3 | ||
| Select one of the following: | 3 | ||
FINA 3313, FINA 3315, FINA 3317, FINA 4318, FINA 4319 or FINA 33XX | MATH 4313 | 3 | |
| Select one of the following: | 3 | Select one of the following: | 3 |
HIST 1301, HIST 1302, HIST 1331 or HIST 1332 | FINA 3313, FINA 3315, FINA 3317, FINA 4318, FINA 4319 or FINA 33XX | ||
| Select one of the following: | 3 | ||
HIST 1301, HIST 1302, HIST 1331 or HIST 1332 | |||
| 15 | 15 | ||
| Fourth Year | |||
| First Semester | Hours | Second Semester | Hours |
| MATH 33XX | 3 | Select one of the following: | 3 |
| Component Area | 3 | ||
| Select one of the following: | 3 | ||
| FINA 3313, FINA 3315, FINA 3317, FINA 4318, FINA 4319 or FINA 33XX | |||
| Select one of the following: | 3 | MATH 33XX | 3 |
POLS 2311 or POLS 2312 | Select one of the following: | 3 | |
| Life and Physicsl Science (Sequence) | 3-4 | FINA 3313, FINA 3315, FINA 3317, FINA 4318, FINA 4319 or FINA 33XX | |
| Select one of the following: | 3 | ||
POLS 2311 or POLS 2312 | |||
| Life and Physicsl Science (Sequence) | 3-4 | ||
| 15-16 | 15-16 | ||
| Total Hours: 120-125 | |||
Advising Resources
First-time-in-college students should plan to speak to the math advisor when starting their second year. Transfer students should contact the math advisor after acceptance at UTA to create a degree plan and enroll in classes.
Location:
PKH 489
Email:
math.advising@uta.edu
Phone:
817-272-9688