Actuarial Science, Mathematics (BS)

Degree: Bachelor of Science
Major: Mathematics
Concentration: Actuarial Science
Program Code: 3438

About This Major...

The actuarial science concentration in mathematics prepares students for graduate work in actuarial science or to enter the job force.  With some additional job-specific training, students entering the job market could function as actuaries in the insurance field or as applied statisticians working in areas such as risk management and marketing.

For more information on what you can do with this major, visit Career Services’ What to Do with a Major? resource.

All CMU baccalaureate graduates are expected to demonstrate proficiency in specialized knowledge/applied learning, quantitative fluency, communication fluency, critical thinking, personal and social responsibility, and information literacy. In addition to these campus-wide student learning outcomes, graduates of this major will be able to:

  1. Construct multi-step problem-solving strategies and communicate solutions effectively in written form. (Specialized Knowledge, Quantitative Fluency)
  2. Use statistical software (including calculators) to aid in problem-solving and investigation, and understand its limitations. (Applied Learning)
  3. Apply appropriate statistical procedures and justify chosen assumptions. (Applied Learning, Personal and Social Responsibility)
  4. Investigate, discuss, and respond to ethical and social challenges in a mathematical context. (Communication Fluency, Personal and Social Responsibility, Information Literacy)
  5. Draw statistical conclusions and evaluate the validity of others’ conclusions. (Critical Thinking, Information Literacy)
  6. Communicate technical analyses to non-specialists. (Communication Fluency)

Each section below contains details about the requirements for this program. Select a header to expand the information/requirements for that particular section of the program's requirements. 

To print or save an overview of this program's information, including the program description, learning outcomes, requirements, suggested course sequencing (if applicable), and advising and graduation information, scroll to the bottom of the left-hand navigation menu and select "Print Options." This will give you the options to either "Send Page to Printer" or "Download PDF of This Page." The "Download PDF of This Page" option prepares a much more concise presentation of all program information. The PDF is also printable and may be preferable due to its brevity. 

Institutional Degree Requirements

The following institutional degree requirements apply to all CMU baccalaureate degrees. Specific programs may have different requirements that must be met in addition to institutional requirements.

  • 120 semester hours minimum.
  • Students must complete a minimum of 30 of the last 60 hours of credit at CMU, with at least 15 semester hours in major discipline courses numbered 300 or higher.
  • 40 upper-division credits (an alternative credit limit applies to the Bachelor of Applied Science degree).
  • 2.00 cumulative GPA or higher in all CMU coursework.
  • A course may only be used to fulfill one requirement for each degree/certificate.
  • No more than six semester hours of independent study courses can be used toward the degree.
  • Non-traditional credit, such as advanced placement, credit by examination, credit for prior learning, cooperative education and internships, cannot exceed 30 semester credit hours for a baccalaureate degree. A maximum of 15 of the 30 credits may be for cooperative education, internships, and practica.
  • Pre-collegiate courses (usually numbered below 100) cannot be used for graduation.
  • Capstone exit assessment/projects (e.g., Major Field Achievement Test) requirements are identified under Program-Specific Degree Requirements.
  • The Catalog Year determines which program sheet and degree requirements a student must fulfill in order to graduate. Visit with your advisor or academic department to determine which catalog year and program requirements you should follow.
  • See “Requirements for Undergraduate Degrees and Certificates” in the catalog for a complete list of graduation requirements.

Essential Learning Requirements

(31 semester hours)

See the current catalog for a list of courses that fulfill the requirements below. If a course is an Essential Learning option and a requirement for your major, you must use it to fulfill the major requirement and make a different selection for the Essential Learning requirement.

English 1
ENGL 111English Composition I-GTCO13
ENGL 112English Composition II-GTCO23
Mathematics 1
MATH 151Calculus I-GT-MA1 23
History
Select one History course3
Humanities
Select one Humanities course3
Social and Behavioral Sciences
Select one Social and Behavioral Sciences course3
Select one Social and Behavioral Sciences course3
Fine Arts
Select one Fine Arts course3
Natural Sciences 3
Select one Natural Sciences course with a lab4
Select one Natural Sciences course3
Total Semester Credit Hours31

Other Lower Division Requirements

(6 semester hours)

Wellness Requirement
KINE 100Health and Wellness1
KINA 1XXActivity Course1
Essential Learning Capstone 1
ESSL 200Essential Speech1
ESSL 290Maverick Milestone3
Total Semester Credit Hours6

Foundation Courses

(8 semester hours)

MATH 152Calculus II5
CISB 241Introduction to Business Analysis3
or STAT 241 Introduction to Business Analysis
Total Semester Credit Hours8

Program Specific Degree Requirements

(54-55 semester hours, must maintain a 2.50 cumulative GPA or higher in coursework in this area. At most one “D” may be used in completing major requirements.)

Core Courses
MATH 150Topics and Careers in Mathematics1
MATH 225Computational Linear Algebra3
MATH 253Calculus III4
MATH 492Senior Capstone3
Select one of the following:4
Beginning Programming
and Beginning Programming Laboratory
CS1: Foundations of Computer Science
Introduction to Engineering Computer Science
Required Concentration Courses
CISB 341Quantitative Decision Making3
CSCI 260Introduction to Database3
ECON 201Principles of Macroeconomics-GTSS13
ECON 415Econometrics3
FINA 310Risk Management3
FINA 412Life and Health Insurance Licensure and Financial Planning3
STAT 301Computational Statistics3
STAT 312Correlation and Regression3
STAT 350Mathematical Statistics I3
STAT 351Mathematical Statistics II3
Concentration Electives9-10
Choose three courses from the groups below. At least two course must be from Group A and the third course may be from Group A or Group B.
Group A
Sampling Techniques
Design and Analysis of Experiments
Categorical Data Analysis
Introduction to Time Series
Group B
Introduction to Advanced Mathematics
Numerical Analysis
Fourier Analysis
Mathematical Modeling
Discrete Structures I
Total Semester Credit Hours54-55

General Electives

All college level courses appearing on your final transcript, not listed above, that will bring your total semester hours to 120 hours, including 40 upper-division credit hours. 20-21 semester hours; 3-7 hours of upper division may be needed.

MATH 151Calculus I-GT-MA12
Select additional electives18-19
Total Semester Credit Hours20-21

While the sequencing below culminates in a total of 119-121 semester credit hours, students must complete a minimum of 120 semester credit hours as required for completion of this degree, including satisfactory completion of all required courses. Plan to complete requirements with varying hour options accordingly.

Plan of Study Grid
First Year
Fall SemesterSemester Credit Hours
Select one of the following: 4
Beginning Programming
and Beginning Programming Laboratory
 
CS1: Foundations of Computer Science  
Introduction to Engineering Computer Science  
ENGL 111 English Composition I-GTCO1 3
Essential Learning - Social and Behavioral Sciences 3
MATH 151 Calculus I-GT-MA1 5
 Semester Credit Hours15
Spring Semester
ENGL 112 English Composition II-GTCO2 3
Essential Learning - History 3
Essential Learning - Social and Behavioral Sciences 3
KINA Activity 1
MATH 150 Topics and Careers in Mathematics 1
MATH 152 Calculus II 5
 Semester Credit Hours16
Second Year
Fall Semester
CISB 241
Introduction to Business Analysis
or Introduction to Business Analysis
3
ECON 201 Principles of Macroeconomics-GTSS1 3
Essential Learning - Fine Arts 3
Essential Learning - Humanities 3
MATH 253 Calculus III 4
 Semester Credit Hours16
Spring Semester
CSCI 260 Introduction to Database 3
ESSL 200 Essential Speech 1
ESSL 290 Maverick Milestone 3
Essential Learning - Natural Science with Lab 4
KINE 100 Health and Wellness 1
MATH 225 Computational Linear Algebra 3
 Semester Credit Hours15
Third Year
Fall Semester
CISB 341 Quantitative Decision Making 3
FINA 310 Risk Management 3
General Elective 3
STAT 301 Computational Statistics 3
STAT 350 Mathematical Statistics I 3
 Semester Credit Hours15
Spring Semester
Concentration Elective from Group A or B 3
Essential Learning - Natural Science 3
General Elective 3
STAT 312 Correlation and Regression 3
STAT 351 Mathematical Statistics II 3
 Semester Credit Hours15
Fourth Year
Fall Semester
Concentration Elective from Group A or B 3-4
FINA 412 Life and Health Insurance Licensure and Financial Planning 3
General Electives 6
MATH 492 Senior Capstone 3
 Semester Credit Hours15-16
Spring Semester
Concentration Elective from Group A or B 3
ECON 415 Econometrics 3
General Electives 6-7
 Semester Credit Hours12-13
 Total Semester Credit Hours119-121

The following institutional degree requirements apply to all CMU baccalaureate degrees. Specific programs may have different requirements that must be met in addition to institutional requirements.

  • 120 semester hours minimum.
  • Students must complete a minimum of 30 of the last 60 hours of credit at CMU, with at least 15 semester hours in major discipline courses numbered 300 or higher.
  • 40 upper-division credits (an alternative credit limit applies to the Bachelor of Applied Science degree).
  • 2.00 cumulative GPA or higher in all CMU coursework.
  • A course may only be used to fulfill one requirement for each degree/certificate.
  • No more than six semester hours of independent study courses can be used toward the degree.
  • Non-traditional credit, such as advanced placement, credit by examination, credit for prior learning, cooperative education and internships, cannot exceed 30 semester credit hours for a baccalaureate degree. A maximum of 15 of the 30 credits may be for cooperative education, internships, and practica.
  • Pre-collegiate courses (usually numbered below 100) cannot be used for graduation.
  • Capstone exit assessment/projects (e.g., Major Field Achievement Test) requirements are identified under Program-Specific Degree Requirements.
  • The Catalog Year determines which program sheet and degree requirements a student must fulfill in order to graduate. Visit with your advisor or academic department to determine which catalog year and program requirements you should follow.
  • See “Requirements for Undergraduate Degrees and Certificates” in the catalog for a complete list of graduation requirements.