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Academics > Majors and Areas of Study > Mathematics and Computer Science > Actuarial Studies



The continuing growth of insurance and governmental agencies has maintained a constant demand for qualified actuaries. Thiel's Actuarial Studies program has the following goals:

1. To provide students with the mathematical training and business background needed to enter the actuarial profession directly.
2. To prepare students for advanced study in actuarial science at a university.

A student who graduates from Thiel College with a major in actuarial studies will:
• understand and be able to apply the three basic concepts from calculus: limits, differentiation and integration.
• have a strong understanding of probability and statistics and be able to apply statistical methods to complex problems.
• understand and be able to apply the basic concepts of vector algebra and vector calculus.
• be able to construct logical proofs.
• understand the power and limitations of technologies (e.g., calculators and computers) as problem-solving tools.

Actuarial Information Links

Major Requirements
In addition to taking the first or the second examination of the Society of Actuaries, an Actuarial Studies major must successfully complete the following courses (a total of 61 credit hours). All courses which are applied to the major must be completed with a grade of C minus or higher.

ACCT 113 Principles of Accounting I 3 CH
ACCT 123 Principles of Accounting II 3 CH
ACCT 233 Managerial Accounting or ACCT 313 Cost Accounting 3 CH
BADM 344 Finance 3 CH
ENG 260 Business and Technical Writing or ENG 270 Advanced Composition 3 CH
CIS 112 Spreadsheet Applications 1
CIS 113 Data Management Applications 1
CSCI 159 Introduction to Programming 4
MATH 181 Calculus I 4
MATH 182 Calculus II 4
MATH 281 Calculus III 4
MATH 291 Linear Algebra 4
MATH 341 Theory of Interest 4
MATH 342 Derivatives Markets 3
MATH 451 Probability 4
MATH 461 Statistics 4
MATH 471 Actuarial Exam Prep 3
ECON 211 Principles of Macroeconomics 3
ECON 221 Principles of Microeconomics 3


 
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