Actuarial Science: Program of Study

DePaul University - Department of Mathematical Sciences

Actuarial Science: Program of Study

The sample program shown below is provided as a guide in course selection; however, students are strongly encouraged to consult with a faculty advisor to plan their programs.

Mathematics:	One of the first-year calculus sequences: MAT 150-1-2 Calculus I, II, III; or MAT 160-1-2 Calculus for Mathematics and Science Majors I, II, III; or MAT 170-1-2 Pro-Math Calculus for Mathematics and Science Majors I, II, III (prerequisite or corequisite: MAT 131 or placement by the Mathematics Diagnostic Test) Note: The 160-1-2 and 170-1-2 sequences are only offered beginning in the autumn quarter of each year. Both sequences are highly recommended for students concentrating in mathematics.
	Either MAT 215 Introduction to Mathematical Reasoning (prerequisite: MAT 151 or 161 or 171) or the combination of MAT 140 and 141 Discrete Mathematics I and II (prerequisite: MAT 130 or placement by the Mathematics Diagnostic Test)
	MAT 260-261 Multivariable Calculus I and II (prerequisite: MAT 152 or 162 or 172 or consent of instructor) Note: MAT 260-261 is only offered in the autumn and winter quarters.
	MAT 262 Linear Algebra (prerequisite: MAT 260) Note: MAT 262 is only offered in the spring quarter.
	MAT 351-2-3 Probability and Statistics I, II, and III (prerequisite: MAT 261 or consent of instructor) Note: The 351-2-3 sequence may only be started in the autumn quarter.
	MAT 361-2-3 Actuarial Science I, II, and III (prerequisite: MAT 152, or 162, or 172) Note: Students who intend to enroll in the combined B.S./M.S. degree program in Applied Mathematics: Actuarial Science Concentration should consult with the Graduate Program Director and register for this sequence as MAT 451-2-3.
Additional Recommended Mathematics Courses	MAT 387 Operations Research I (prerequisite: MAT 262 or 220 and any introductory programming course) MAT 385 Numerical Analysis I (prerequisite: MAT 262 or the combination of MAT 220 and either 152, 162, or 172; and a programming course) MAT 364 Stochastic Risk Models (prerequisite: MAT 353) MAT 365 Statistical Survival Models (prerequisite: MAT 353) MAT 366 Mathematical Demography (prerequisite: MAT 353 or consent of instructor) Either MAT 356 Applied Linear Regression or MAT 358 Applied Time Series and Forecasting (prerequisite for both courses: MAT 353) Note: Students who intend to enroll in the combined B.S./M.S. degree program in Applied Mathematics: Actuarial Science Concentration should consult with the Graduate Program Director and take MAT 364-5-6 as graduate students.
Recommended Allied Field Courses:	Accountancy 101 Introduction to Accounting I (prerequisite: MAT 130 or equivalent) Business Law 201 Legal and Ethical Aspects in the Business (prerequisite: sophomore standing) Economics 105-6 Principles of Microeconomics and Principles of Macroeconomics (prerequisite: MAT 150 or 160 or 170 or BMS 125) Either Computer Science 215 Introduction to Structured Programming Using C++ (corequisite: MAT 140) or CSC 240 Personal Computing for Programmers (prerequisite: MAT 130 or equivalent) Finance 310 Financial Management I (prerequisite: MAT 151 or 161 or 171, ECO 105-106, ACC 101, Business Law 301, and a statistics course) Finance 330 Investments: Securities and Markets (prerequisite: FIN 310)

Additional Notes

Students choosing the concentration in actuarial science should take the core calculus courses as early in their programs as practicable. Students needing to take one or more of the mathematics courses that are prerequisite to calculus are especially urged to satisfy these requirements as soon as possible.
MAT 131 may be taken concurrently with MAT 150/160/170. Students taking MAT 131 at the same time as calculus are encouraged to choose the MAT 170 version of the course.
MAT 215 is offered in the spring quarter of each year.
Students may take MAT 335 concurrently with MAT 260 provided they have previously taken either MAT 141 or MAT 215.