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  Oct 20, 2017
 
 
    
OHIO University Undergraduate Catalog 2017-18

Actuarial Science Major (B.S.)


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Major code BS3105

College of Arts and Sciences  
Department of Mathematics 
Morton Hall 321
Athens, OH 45701
Phone: 740.593.1254
Fax: 740.593.9805
mathematics@ohio.edu
www.ohio.edu/cas/math/index.cfm

Todd Young, contact person
youngt@ohio.edu

Program Overview

The following program is intended to prepare students for entering the actuarial profession. You should be prepared to pass the first actuarial examination before graduation. Visit BeAnActuary.org to see why actuarial science consistently ranks as one of the top five careers in the United States and to learn about the Society of Actuary examinations.

The program has a strong business component (with the addition of MIS 2021  and MKT 2020 , it satisfies the requirements for a Business minor ) and is suitable if you plan to combine mathematics with a career in business. The program also has a strong finance component and, with the addition of FIN 3270  and 3410 , it satisfies the requirements for a Finance Minor  . In addition to the required courses, students are encouraged to take  FIN 4610  , MATH 3400  and 4560  are recommended in addition to the required courses.

When planning a course of study in actuarial science, it is strongly recommended that you consult an advisor in the Mathematics Department.

Admissions Information

Freshman/First-Year Admission

No requirements beyond University admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:

  • Have at least a 30 ACT Math score or a SAT Math score of 680 or above
  • Have scored at least a 3 on the AP Calculus AB exam
  • Have scored at least a 4 on the AP Statistics exam

Change of Program Policy

No selective or limited admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:

  • Have at least a 30 ACT Math score or a SAT Math score of 680 or above
  • Have scored at least a 3 on the AP Calculus AB exam
  • Have scored at least a 4 on the AP Statistics exam
  • Attained Level 3 on the Math Placement Exam
  • Earned at least an A- in MATH 2301 or have an A- on an equivalent transfer course
  • Completed MATH 2301, 2302, 3300 with no grade less than a B

External Transfer Admission

No requirements beyond University admission requirements. However, it is strongly recommended that students satisfy at least one of the following before entering the actuarial science program:

  • Have at least a 30 ACT Math score or a SAT Math score of 680 or above
  • Have scored at least a 3 on the AP Calculus AB exam
  • Have scored at least a 4 on the AP Statistics exam
  • Earned at least an A- in a course equivalent to MATH 2301
  • Completed a calculus sequence with no grade less than a B

Opportunities Upon Graduation

The actuarial profession is consistently rated as one of the most desirable. Graduates of the actuarial sciences program are experts in managing risk in multiple industries. The diverse skills students gain with this degree will prepare them to pursue work in the insurance industry, whose function relies on the risk assessment skills of actuaries. Graduates also find satisfying work within financial services (i.e. investment management, banking), health administration, energy corporations (i.e. utilities, oil, gas), environmental organizations, and the transportation sector. Additional employers of actuarial sciences graduates include, but are not limited to, institutions of higher education, public accounting firms, labor unions, and investment firms.

Browse through dozens of internship opportunities and full-time job postings for Ohio University students and alumni on Bobcat CareerLink, OHIO’s key resource for researching jobs, employers, workshops, and professional development events.

Requirements

 

Universitywide Graduation Requirements


To complete this program, students must meet all Universitywide graduation requirements .

Liberal Arts and Sciences Distribution Requirement


View the A&S - College Level Requirements (A&S CLR) .

Program Requirements


For a B.S. degree with a major in actuarial science, a student must complete a total of at least 40 semester credit hours of mathematics courses.

Actuarial Science Requirements


Complete the following courses:

Discrete Math


Complete one of the following courses:

Computing


Complete at least one of the following courses:

Accounting, Economics, Finance, and Management


Complete the following courses:

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