Mathematics - Actuarial Science Emphasis, B.S.
Visit the Mathematics Department page for more information on the program and access to advising.
Program Description
Mathematics degrees allow for a wide variety of employment options. The following careers are very mathematics centered, though in many cases additional training beyond a mathematics degree (or at least beyond a B.S. Mathematics degree) is needed to qualify for employment in these fields: actuarial work, education, research analysis, cryptology, systems analysis, robotics engineering, design modeling (creating cost efficient models), geomatics engineering, photogrammatism, stock trading, biomathematics, accounting or auditing, population ecology, aspects of forensic analysis and some types of computer programming design. There are also jobs for mathematics graduates in the federal government, mainly in the department of defense. The degree required depends on the type of job in the areas mentioned, and the salary level.
Matriculation Requirements
Program Requirements
Code | Title | Credit Hours |
---|---|---|
Total Credit Hours | 120 | |
Mathematics Requirements | 82 Credits | |
Complete the requirements | 82 | |
Emphasis Requirements | 38 Credits | |
ECON 2010 | Principles of Economics I | 3 |
ECON 2020 | Principles of Economics II | 3 |
Complete one of the following: | 3 | |
Principles of Accounting I and Principles of Accounting II (6) | ||
Financial Managerial and Cost Accounting Concepts (3) | ||
FIN 3100 | Principles of Finance | 3 |
MATH 3750 | Financial Mathematics | 3 |
MATH 3755 | Financial Mathematics Laboratory | 1 |
MATH 4750 | Life Contingencies | 3 |
STAT 4000 | Applied Regression and Time Series | 3 |
STAT 4400 | Multivariate Analysis | 3 |
STAT 4500 | Nonparametric Statistics | 3 |
STAT 4710 | Mathematical Statistics-Probability and Statistics | 3 |
STAT 4715 | Mathematical Statistics-Probability and Statistics Laboratory | 1 |
STAT 4720 | Mathematical Statistics-Statistical Inference | 3 |
Emphasis Elective Requirements: | ||
Complete 3 credits chosen from the following: | 3 | |
Complex Variables (3) | ||
Foundations of Abstract Algebra (3) | ||
Graph Theory and its Applications (3) | ||
Partial Differential Equations (3) | ||
Introduction to Optimization (3) | ||
Differential Geometry of Curves and Surfaces (3) | ||
Advanced Calculus II (3) | ||
Introduction to Dynamical Systems (3) | ||
Introduction to Modern Algebra I (3) | ||
Introduction to Modern Algebra II (3) 1 | ||
Theory of Linear Algebra (3) | ||
Introduction to Number Theory (3) | ||
Foundations of Topology (3) | ||
Introduction to Numerical Analysis I (3) | ||
Introduction to Numerical Analysis II (3) 1 | ||
Internship in Mathematics (1-4) | ||
Undergraduate Research in Mathematics (1-3) | ||
Topics in Mathematics (2-3) |
- 1
Requires completion of a prerequisite course, which fulfills elective requirements.
Core Requirements
Code | Title | Credit Hours |
---|---|---|
Total Credit Hours | 82 | |
General Education Requirements | 31 Credits | |
ENGL 1010 | Introduction to Academic Writing | 3 |
or ENGH 1005 | Literacies and Composition Across Contexts | |
ENGL 2010 | Intermediate Academic Writing | 3 |
MATH 1210 | Calculus I | 4 |
or MATH 1210H | Calculus I | |
Complete one of the following: | 3 | |
US History to 1877 and US History since 1877 (6) | ||
American History (3) | ||
US Economic History (3) | ||
American Heritage (3) | ||
American National Government (3) | ||
Distribution Courses: | ||
Biology | 3 | |
Physical Science | 3 | |
Personal, Professional, & Civic Growth | 3 | |
Humanities | 3 | |
Fine Arts | 3 | |
Social/Behavioral Science | 3 | |
Discipline Core Requirements | 32 Credits | |
CS 1400 | Fundamentals of Programming | 3 |
PHYS 2210 | Physics for Scientists and Engineers I | 4 |
PHYS 2215 | Physics for Scientists and Engineers I Lab | 1 |
STAT 2050 | Introduction to Statistical Methods | 4 |
MATH 1220 | Calculus II | 4 |
or MATH 1220H | Calculus II | |
MATH 2210 | Calculus III | 4 |
or MATH 2210H | Calculus III | |
MATH 2270 | Linear Algebra | 3 |
MATH 2280 | Ordinary Differential Equations | 3 |
MATH 3250 | Introduction to Advanced Calculus | 3 |
MATH 4210 | Advanced Calculus I 1 | 3 |
Elective Requirements | 19 Credits | |
Complete 9 credits of upper division electives 2 | 9 | |
Complete 10 credits of upper or lower division electives 2 | 10 |
- 1
Students planning to do graduate work in mathematics should take both of the year-long sequences MATH 4210 Advanced Calculus I, MATH 4220 Advanced Calculus II, and MATH 4310 Introduction to Modern Algebra I, MATH 4320 Introduction to Modern Algebra II, and acquire a reading knowledge of at least one foreign language chosen from French, German, or Russian.
- 2
Elective courses may NOT include MATH 3100, MATH 3200, MATH 3010, MATH 3030, MATH 4030, or MATH 4040.
Graduation Requirements
- Completion of a minimum of 120 semester credits with at least 40 credit hours in upper-division courses.
- Overall grade point average of 2.0 (C) or above, a minimum GPA of 2.4 in all MATH and STAT courses listed above, with no grade lower than a "C" in all listed PHYS, STAT, and MATH courses (substitutions may be granted for some elective courses).
- Residency hours-- minimum of 30 credit hours through course attendance at UVU, with at least 10 hours earned in the last 45 hours.
- Completion of general education and specified departmental requirements.
- Complete an exit survey administered by the Mathematics Department Advisor.
- Successful completion of at least one Global/Intercultural course.
- Successful completion of at least two Writing Enriched courses.
Graduation Plan
This graduation plan is a sample plan and is intended to be a guide. Your specific plan may differ based on your Math and English placement and/or transfer credits applied. You are encouraged to meet with an advisor and set up an individualized graduation plan in Wolverine Track.
First Year | ||
---|---|---|
Semester 1 | Credit Hours | |
MATH 1210 or MATH 1210H | Calculus I or Calculus I | 4 |
STAT 2050 | Introduction to Statistical Methods | 4 |
ENGL 1010 or ENGH 1005 | Introduction to Academic Writing or Literacies and Composition Across Contexts | 3 |
Fine Arts GE | 3 | |
Credit Hours | 14 | |
Semester 2 | ||
MATH 1220 or MATH 1220H | Calculus II or Calculus II | 4 |
PHYS 2210 | Physics for Scientists and Engineers I | 4 |
PHYS 2215 | Physics for Scientists and Engineers I Lab | 1 |
ECON 2010 | Principles of Economics I | 3 |
Electives | 3 | |
Credit Hours | 15 | |
Second Year | ||
Semester 3 | ||
MATH 2210 or MATH 2210H | Calculus III or Calculus III | 4 |
MATH 2270 | Linear Algebra | 3 |
ECON 2020 | Principles of Economics II | 3 |
ENGL 2010 | Intermediate Academic Writing | 3 |
Social/Behavioral GE | 3 | |
Credit Hours | 16 | |
Semester 4 | ||
MATH 2280 | Ordinary Differential Equations | 3 |
STAT 4000 | Applied Regression and Time Series | 3 |
MATH 3250 | Introduction to Advanced Calculus | 3 |
ACC 3000 | Financial Managerial and Cost Accounting Concepts | 3 |
History GE | 3 | |
Credit Hours | 15 | |
Third Year | ||
Semester 5 | ||
MATH 3750 | Financial Mathematics | 3 |
MATH 3755 | Financial Mathematics Laboratory | 1 |
CS 1400 | Fundamentals of Programming | 3 |
FIN 3100 | Principles of Finance | 3 |
Personal, Professional, & Civic Growth GE | 3 | |
Electives | 2 | |
Credit Hours | 15 | |
Semester 6 | ||
STAT 4400 | Multivariate Analysis | 3 |
STAT 4710 | Mathematical Statistics-Probability and Statistics | 3 |
STAT 4715 | Mathematical Statistics-Probability and Statistics Laboratory | 1 |
Biology GE | 3 | |
Physical Science Distribution | 3 | |
Upper Division Electives | 3 | |
Credit Hours | 16 | |
Fourth Year | ||
Semester 7 | ||
MATH 4750 | Life Contingencies | 3 |
MATH 4210 | Advanced Calculus I | 3 |
Humanities GE | 3 | |
Electives | 3 | |
Upper Division Elective | 3 | |
Credit Hours | 15 | |
Semester 8 | ||
STAT 4500 | Nonparametric Statistics | 3 |
STAT 4720 | Mathematical Statistics-Statistical Inference | 3 |
MATH Electives | 3 | |
Upper Division Electives | 3 | |
Electives | 2 | |
Credit Hours | 14 | |
Total Credit Hours | 120 |
Program Learning Outcomes
- Demonstrate deep conceptual understanding of mathematics, actuarial science, statistics and business topics.
- Apply risk modeling to solve pricing, reserving, and other actuarial problems, particularly in the insurance industry.
- Formulate risk models.
- Pass the first two professional actuarial exams.
- Communicate mathematics effectively, both orally and in writing, especially clear logical explanations of conclusions made regarding prices, reserves, and risk measures including any assumptions made and risk models used.
Natural sciences managers
- Total Positions100,100
- Field Growth7.5%
- Median Salary$157,740
- Average Openings8.3
Mathematicians
- Total Positions2,500
- Field Growth3.7%
- Median Salary$116,440
- Average Openings0.2
Statisticians
- Total Positions32,400
- Field Growth11.8%
- Median Salary$104,110
- Average Openings2.3
Data scientists
- Total Positions202,900
- Field Growth36.0%
- Median Salary$108,020
- Average Openings20.8
Mathematical science occupations, all other
- Total Positions4,600
- Field Growth6.9%
- Median Salary$70,620
- Average Openings0.3
Mathematical science teachers, postsecondary
- Total Positions58,500
- Field Growth3.3%
- Median Salary$81,020
- Average Openings4.6
Secondary school teachers, except special and career/technical education
- Total Positions1,071,400
- Field Growth-0.6%
- Median Salary$65,220
- Average Openings64.0