The Department of Mathematical Sciences offers the Bachelor of Arts degree in Actuarial Science. The actuarial science major is an interdisciplinary program intended to prepare students for professional examinations and employment as actuaries.
In addition to the requirements for the major, students must also satisfy all of the university general education requirements and the College of Letters & Science breadth and other degree requirements. Degree requirements will vary depending on when you took your first college class. You are strongly advised to consult both the actuarial science advisor and your L&S advisor to ensure you stay on track towards a degree. Read more about the degree requirements on the L&S Degree Requirements web pages.
To clarify any degree requirements, please contact the Co-Director of Actuarial Science.
All of the Following (or equivalent)
(Math 221 - Honors Calculus I, 5 credits, and Math 222 - Honors Calculus II, 5 credits, are equivalent to Math 231, 232, and 233.)
(Students majoring in actuarial science must have a GPA of at least 2.5 in these courses)
All of the Following:
At Least Two Courses from the Following:
One of the Following Three:
|Required Core Curriculum|
All of the Following Courses:
One of the Following Courses:
One of the Following Courses:
One of the Following Three Pairs:
To achieve the best preparation for an actuarial career, students should actively pursue internship opportunities with insurance companies, consulting firms and other organizations that require actuarial science knowledge.
Once such an opportunity is secured, the student should enroll in MTHSTAT 489 - Internship in Mathematical Statistics.
Students should also take courses in communication (Commun 103 - Public Speaking , and Commun 264 - Persuasive Speaking), and expand their knowledge in economics (Econ 248 - Economics of Discrimination, and Econ 450 (221) - Health Economics). Note that Econ 248 satisfies the cultural diversity requirement.
Students must complete Math 599, "Capstone Experience." The aim of the department's capstone experience is to encourage independent learning. Students complete a research paper in the context of this course, which satisfies the L&S research requirement. Students must obtain consent of a professor to enroll in Math 599.
|Honors in the Major|
Students in Actuarial Science who meet all of the following criteria can be awarded honors in the major upon graduation:
Students who believe they may qualify for honors in Actuarial Science should apply to the Mathematical Sciences Department during their last semester of study.
Students must complete at least 15 upper-division (numbered 300 and above) credits in the major in residence at UWM.
The College requires that students attain at least a 2.500 GPA on all credits in the major attempted at UWM. In addition, students must attain a 2.500 GPA on all major credits attempted, including any transfer work.