Jess & Mildred Fisher College of Science & Mathematics


Department of Mathematics

Actuarial Science and Risk Management Concentration

Typical Four-Year Sequence of Courses

The Department of Mathematics has prepared a typical sequence of courses that illustrates how a student in the actuarial science and risk management concentration may complete the requirements for both the mathematics major and the University General Education / Core Curriculum Requirements for graduation in four years. Each student's actual schedule may be somewhat different depending on the student's individual situation. Note that the actual sequence of courses is mainly constrained by the course prerequisites.

Freshman Year
Fall Term
Spring Term
Course
Units
Course
Units
MATH 273 Calculus I *
4
MATH 265 Elementary Linear Algebra
4
ENGL 102 or TSEM
3
MATH 274 Calculus II
4
COSC 236 Introduction to Computer
                     Science I *
4
ACCT 201 Accounting Principles I
3
Gen Ed / Core Curriculum
3
COMM 131 Fundamentals of Speech
                     Communication
(Gen Ed II.B.3 / Core Curriculum 5)
3
Gen Ed / Core Curriculum
3
TSEM or ENGL 102
3
Total
17
Total
17

Sophomore Year
Fall Term
Spring Term
Course
Units
Course
Units
MATH 275 Calculus III
4
MATH 267 Introduction to Abstract
                    Mathematics
4
MATH 312 Theory of Interest
4
MATH 331 Probability
4
ACCT 202 Accounting Principles II
3
ECON 201 Microeconomic Principle
(Gen Ed II.C.2 / / Core Curriculum 6)
3
Gen Ed / Core Curriculum
4
Gen Ed / Core Curriculum
4
Students are advised to prepare for and take the SOA/CAS Exam FM/2at the end of the Fall Term and Exam P/1 at the end of the Spring Term.
Total
15
Total
15

Junior Year
Fall Term
Spring Term
Course
Units
Course
Units
MATH 369 Intro to Abstract Algebra
4
ENGL 317 Writing for Business and Industry (Gen Ed/ Core Curriculum category 9)
3
MATH 332 Mathematical Statistics
3
MATH 439 Computational Probability
                    Models
3
MATH 438 Actuarial Models
3
MATH 448 Advanced Actuarial Models
3
ECON 202 Macroeconomic Principles
3
FIN 331 Principles of Financial
                Management
3
Gen Ed / Core Curriculum
3
Gen Ed / Core Curriculum
3
Students are advised to prepare for and take the SOA Exam MLC at the end of Spring Term.
Total
16
Total
15

Senior Year
Fall Term
Spring Term
Course
Units
Course
Units
MATH 337 Applied Regression and Time Series Analysis
4
ENGL 317 Writing for Business and
                    Industry
(Gen Ed I.D / / Core Curriculum 9)
3
MATH 485 Mathematical Finance
3
MATH 486 Risk Management and
                    Financial Engineering
3
FIN 333 Investment and Security
                Analysis
3
MATH 442 Actuarial Model
                    Construction
4
Gen Ed / Core Curriculum
3
MATH 490 Senior Seminar
3
Students are advised to prepare for and take the SOA/CAS Exam M/3F at the end of the either the Fall or Spring Term, and SOA/CAS Exam C/4 at the end of the Spring Term.
Total
13
Total
13

In this concentration, the total number of units required for graduation is 121.

* Notes:

  1. A minimum of 120 units is needed for graduation.
  2. The prerequisite for MATH 273 is MATH 119.
  3. Students who need to start with MATH 119 are advised to either
    1. Take MATH 119 during the summer before entering Towson University or
    2. Take MATH 119 in the fall term of the freshman year.  These students will need to postpone the calculus sequence and MATH 265 for one term. They should be able to make up for this delay by either:
      1. taking a mathematics course in the summer session during the first two years, or
      2. inserting an additional mathematics course during the junior or senior year.
  4. COSC 236 needs demonstrable programming knowledge as prerequisite such as COSC 175. Students who need to start with COSC 175 are advised to either
    1. Take COSC 175 during the summer before entering Towson University or
    2. Take COSC 175 during the fall term of the freshman year.

Documents
Core Curriculum Requirements Checklist (PDF)

GenEd Requirements Checklist (PDF) (for graduation under catalogs prior to 2011-2012)

 

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