ACTUARIAL SCIENCE

The actuarial science concentration is intended for undergraduate students who wish to obtain the background necessary to operate at the highest mathematical levels in the insurance industry, in the quantification of risk and the management of investments. Students desiring to continue to obtain a master's degree in actuarial science from DePaul University should consider following the program for the combined B.S./M.S. degree program in Applied Mathematics: Actuarial Science Concentration, which may be completed in about five years.

Requirements: COMMON CORE plus

• Mathematics 351-2-3 Probability and Statistics I, II, III;
• Mathematics 361-2-3 Actuarial Science I, II, III.

Recommended allied field courses: Accountancy 101: Introduction to Accounting I; Business Law 201: Legal and Ethical Aspects in the Business Environment; Economics 105-106: Principles of Microeconomics and Principles of Macroeconomics; Finance 310: Financial Management I; Finance 330: Investments: Securities and Markets; a computer programming course such as CSC  Introduction to Structured Programming Using C++ or CSC 240 Personal Computing for Programmers.

Additional recommended mathematics courses: Mathematics 355 Stochastic Processes; Mathematics 356 Applied Linear Regression; Mathematics 358 Applied Time Series and Forecasting, Mathematics 385 Numerical Analysis I; Mathematics 387 Operations Research I.

Click here for a detailed program of study for the statistics concentration.

• Pure Math
  
• Statistics
  
• Teacher of Mathematics:
  Secondary Level
  
• Mathematical Computer Studies
  
• Quantitative Analysis and Operations Research