2022-2023 Undergraduate Catalog 
    Jun 06, 2023  
2022-2023 Undergraduate Catalog [ARCHIVED CATALOG]

Actuarial Science, B.S.

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STEM Designation: This program is STEM (science, technology, engineering, and math)-designated by the Department of Homeland Security. For more information, please see https://www.newhaven.edu/admissions/stem-designated-programs.php

Unlike many fields that require advanced degrees for success, the B.S. program in actuarial science prepares students with the necessary mathematical background needed to competitively pursue well-paid and in-demand careers - for example, as actuaries and financial analysts.  Due to the interdisciplinary nature of the program, students will acquire the skills in mathematics, statistics, and business that are needed to quantify risk for companies and government agencies across the globe. Additionally, the curriculum is tailored to prepare students interested in pursuing graduate study in various fields such as actuarial science, mathematics, statistics, operations research, finance, business, and economics.

Upon completion of the program, students will be able to

•  Solve problems involving essential mathematical computations
•  Employ various computational software
•  Use mathematical, probabilistic and statistical tools to evaluate future risk and contingent events
•  Demonstrate a command of advanced mathematical topics

The B.S. in Actuarial Science requires the following 121 credits:

University Core Curriculum (44 credits):

Actuarial Science majors must complete the University Core Curriculum with the following restrictions:

•        CC 1.1: ENGL 1112 or ENGL 1113 or ENGL 1114
•        CC 2.1: COMM 1130
•        CC 3.1: MATH 2228
•        CC 4.1: PHYS 1150
•        CC 5.1: BUSA 1000
In addition to CC 6.1, 7.1, 8.1, 9.1.

•        Tier 3.2:  MATH 1117 and MATH 1118
•        Tier 5.2: CSCI 1110
•        Tier 7.2: ECON 1133

Free Electives (18 credits):

Actuarial Science majors must take 18 credits of free electives.

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