Actuarial Mathematics B.S.

ID:KSU10005
Level:4-Year Bachelor's Degree
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Admission Requirements

Entry Requirements

Education Level

New first-year applicants must finish secondary school in their home country by the time of enrollment to be eligible for university (comparable to the completion of senior high school in the U.S.). A student who has previously enrolled in a post-secondary (higher education) institution is required to apply as a transfer student.

GPA Requirements

First-year undergraduate applicants should meet the minimum requirement of GPA 2.5 on a U.S. 4.0 scale. Students who want a particular program but do not meet the minimum requirements may be considered for the pre-major.

English Requirements

All international students must provide proof of English language proficiency (unless they meet specific exceptions) by earning a minimum 525 TOEFL score (71 on the Internet-based version), minimum 75 MELAB score, minimum 6.0 IELTS score, minimum 48 PTE score or minimum 100 DET score; or by completing the ESL level 112 Intensive Program.

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Course Information

The Bachelor of Science degree in Actuarial Mathematics prepares students for the actuarial profession. Actuaries are professionals who manage risk. They predict the likelihood of future events and model the financial impact of future scenarios. They find creative ways to mitigate the undesirable effects of future events. Although most actuaries are employed in the insurance and financial industries, many others work in the transportation, environmental, medical and manufacturing industries, as well as in government.

The Actuarial Mathematics major is highly interdisciplinary, integrating substantial coursework in business, computing and communications with a solid core of mathematics and statistics. Kent State University is one of only four institutions in Ohio to receive the Universities and Colleges with Actuarial Programs-Advanced Curriculum designation from the Society of Actuaries. The Kent State program prepares students for the first four of a series of examinations to receive professional certification as an actuary.

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Semester one

Introduction to human communication (kadl)
Analytic geometry and calculus i (kmcr)
Destination kent state: first year experience
Computer science elective
Kent core requirement

Semester two

Analytic geometry and calculus ii
Decision-making under uncertainty
Linear algebra
Kent core requirement
Kent core requirement

Semester three

Principles of microeconomics (kss)
Analytic geometry and calculus iii
Mathematical theory of interest
Proofs in discrete mathematics
Foreign language

Semester four

Principles of macroeconomics (kss)
Ordinary differential equations
Probability theory and applications
Kent core requirement
Foreign language

Semester five

Introduction to financial accounting
Actuarial mathematics i (elr) (wic)
Mathematics elective
Kent core requirement

Semester six

Business finance
Theory of statistics
Actuarial mathematics ii
Kent core requirement
Kent core requirement

Semester seven

Allied area elective
Mathematics elective
Kent core requirement
General electives

Semester eight

Applied econometrics i (elr)
Stochastic actuarial models
General Electives

Minimum Total Credit Hours: 120

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Pre Courses

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Pathway Courses

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Career Opportunity

Reason mathematically by using precise definitions, articulating assumptions and reasoning logically to conclusions.
Engage effectively in problem solving by exploring examples, assessing the correctness of solutions and interpreting solutions in an actuarial context.
Define, interpret and apply standard actuarial notation, terminology and formulas.
Analyze various streams of cash flows, both certain and contingent.
Apply methods from probability, statistics and stochastic processes to the solution of problems in actuarial science, finance and economics.
Communicate solutions of mathematical problems clearly, both orally and in writing.
Employ commonly used computer programming languages and software packages to solve problems in actuarial science, finance and economics.
Demonstrate fundamental knowledge of finance, economics and accounting.

Ability to settle

Overseas Student Health Cover

Student Health Insurance: 2313 $ USD per year

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Actuarial Mathematics B.S.

Fees (USD)

Admission Requirements

Entry Requirements

English Requirements

Course Information

Pre Courses

Pathway Courses

Career Opportunity

Overseas Student Health Cover

Same Courses

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