BS in Actuarial Science
The Bachelor of Science in Actuarial Science prepares students for careers in insurance, risk analysis, pension management, financial planning, and other related areas. It provides deeper training in mathematics and statistics than the Bachelor of Arts, with the same associated requirements in Economics, Accounting, and Finance. Coursework treats the material for the first two Society of Actuary exams in financial mathematics and probability and also introduces students to advanced statistical modeling.
(Click here if you declared Bachelor of Science in Actuarial Science as your major prior to Spring 2022.)
This degree requires 46 semester hours of courses in mathematics.
Students must take the following 31 hours of mathematics courses:
- MATH 10524 Calculus I
- MATH 20123 Discrete Mathematics I
- MATH 20524 Calculus II
- MATH 30224 Linear Algebra
- MATH 30524 Calculus III
- MATH 30603 Interest Theory
- MATH 30623 Interest Theory II
- MATH 30803 Probability
- MATH 30853 Statistics
- MATH 40603 Actuarial Mathematics
Students must take at least one of the following courses:
Students must also take an additional six hours of mathematics courses at or above the 30000 level.
Students must also take one of the following programming courses:
- COSC 10403 Introduction to Programming
- COSC 10503 Introduction to Programming for Engineering and Science
- COSC 10603 Introduction to Python for Data Analytics
- ENGR 10573 Applied Programming Matlab
- PHYS 20323 Scientific Analysis and Modeling
In addition, students must take two of the following courses:
- PHYS 20474 Physics I or PHYS 20475 Physics I for Majors
- PHYS 20484 Physics II
- COSC 20203 Techniques in Programming
- COSC 40403 Analysis of Algorithms
- COSC 40423 Deep Learning
- ECON 31223 Intermediate Microeconomics: A Mathematical Approach
- ECON 40313 Econometrics
- ECON 40323 Time Series Econometrics
Additional courses required:
- ECON 10223 Introductory Microeconomics
- ECON 10233 Introductory Macroeconomics
- ECON 30223 Intermediate Microeconomics or ECON 31223 Intermediate Microeconomics: A Mathematical Approach
- ECON 30233 Intermediate Macroeconomics
- ACCT 20353 Fundamentals of Accounting
- ACCT 40163 Accounting for Decision Making and Control
- FINA 30153 Financial Management
Note that ECON 31223 can be applied to satisfy associated requirements from two of the above lists.
All actuarial students need to work closely with an adviser to plan course schedules.
Credit is not allowed for both MATH 10283 and MATH 10524.
Students must earn a grade of C- or better in each mathematics course for that course to count toward a mathematics degree. Students must also have a 2.0 average or better in their mathematics courses in order to graduate with a degree in mathematics.
Students pursuing a program leading to a Bachelor of Science degree must complete a minimum of 124 semester hours, 42 of which must be advanced (30000 level or above) from TCU. In addition, students must complete the TCU Core Curriculum.