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 B.S. Degree In Actuarial Science And Financial Mathematics - Requirements

 Program Mission and Objectives |SOA Exams |​ Degree Plan | Requirements Course Descriptions
 
Every student majoring in Actuarial Sciences must complete the following curriculum:
 

Degree Requirements

General Education Requirements (48 credit hours)                     Credit Hours

EnglishENGL 101, 102, 2149
Islamic & Arabic StudiesIAS 121, 111, 212, XXX8
General StudiesAny 1 GS courses3
Physical EducationPE 1011
MathematicsMATH 101, 102, 201, 20814
Social and Behavioral SciencesECON 101 , 1026
Accounting and FinanceACCT 110, ACCT 2106
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Major requirements (50 credit hours)

Statistical Methods for ActuariesSTAT 2144
Financial Management FIN 2503
Introduction to Probability Theory STAT 3013
Statistical InferenceSTAT 3023
Regression AnalysisSTAT 3103
Stochastic Processes for ActuariesSTAT 4163
Time SeriesSTAT 4603
Financial Mathematics AS 201 3
Mathematics of Financial DerivativesAS 2513
Actuarial Science Problem Lab IAS 289 1
Introduction to Numerical ComputingMATH 371 3
Actuarial Contingencies I AS 380 3
Actuarial Science Problem Lab IIAS 389 1
Actuarial Contingencies II AS 481 4
Actuarial Risk Theory and  CredibilityAS 4844
InvestmentsFIN 3203
Islamic FinanceFIN 4403
  50

Business and Digital Foundation (12 credit hours)

                                                  

Business and Entrepreneurship

BUS 2003
Introduction to Programming in Python and CICS 1043
Introduction to Data ScienceISE 2913
Career EssentialsCGS 3921
Introduction to Artificial IntelligenceCOE 2923
  13

Major Electives (6 credit hours)

A student should choose only 2 courses from the following:

  1. Track option A course list (choose any 2 courses in the list below)
General Insurance and Takaful track
  
Risk ModellingAS 4503
Survival Models for ActuariesAS 476 3
Topics in Actuarial Science and Financial MathematicsAS 490/491 with variable content3
Generalized Linear ModelsSTAT 4363
Enterprise Risk AnalysisAS 460 3
  6

Technical Electives (3 credit hours)

  • A student should choose any courses listed below for a total of 3 credit hours.
STAT xxxAny Statistics course
MATH xxxAny Mathematics course
FIN 3xx or higherAny Finance course at 3xx level or higher
ICS xxxAny Computer science course
ISE xxxAny Industrial & System Engineering course

Cooperative Work Requirement (6 credit hours)

Students registered under this option must participate in a 16-week program of industrial experience and submit a report for AS 398, "Internship". 

Total Requirements (125 credit hours)

The B.S. degree in Actuarial Science requires a minimum total of 125 credit hours.

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