Engineering & Technology, Materials Science& Biomaterials& Engineering (MSE)
Europe, United Kingdom (UK) (England, Northern Ireland, Scotland and Wales)
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About program
What is actuarial science? It uses analytical and statistical process to assess risk in various industries. It’s no easy job, but if you’re interested in math and statistics, becoming an actuarial science major may be a perfect fit. CMU’s actuarial science program offers you comprehensive training in thinking, reasoning and problem-solving — all of which strengthen your skills for a career in business, industry, government and more. Through professional development, resources, developing contacts through student organizations and free tutoring at the Math Center, you will get the support and opportunities to be successful.
Program details
Degree type
Bachelor
Specialization
Actuarial Science, Business & Management
Study type
Full time
Delivery mode
On-Campus
Program duration
4 years | Full time
Tuition fees
/year
Intakes
August, January
Study language
English
Program structure
Required Courses I (52 hours)
ACC 201 | Concepts of Financial Accounting |
3(3-0) |
ACT 539 | Probability Foundations of Actuarial Science |
3(3-0) |
ACT 540 | Mathematical Theory of Interest |
4(4-0) |
ACT 543 | Mathematics of Financial Models |
3(3-0) |
ECO 201 | Principles of Macroeconomics |
3(3-0) |
ECO 202 | Principles of Microeconomics |
3(3-0) |
FIN 332 | Managerial Finance |
3(3-0) |
MTH 132 | Calculus I |
4(4-0) |
MTH 133 | Calculus II |
4(4-0) |
MTH 223 | Linear Algebra and Matrix Theory |
3(3-0) |
MTH 233 | Calculus III |
4(4-0) |
STA 575 | Statistical Programming for Data Management and Analysis |
3(3-0) |
STA 580 | Applied Statistical Methods I |
3(3-0) |
STA 584 | Mathematical Statistics I |
3(3-0) |
STA 585 | Mathematical Statistics II |
3(3-0) |
STA 589 | Time Series Forecasting |
3(3-0) |
Required Courses II (4 hours)
CPS 106 | Spreadsheet Concepts |
1(1-0) |
CPS 180 | Principles of Computer Programming |
3(3-0) |
Electives (9 hours)
Select three of the following in consultation with the advisor:
ACT 541 | Actuarial Mathematics for Life Contingencies I |
3(3-0) |
ACT 542 | Actuarial Mathematics for Life Contingencies II |
3(3-0) |
BIS 360 | Applied Business Communication |
3(3-0) |
FIN 317 | Insurance Planning |
3(3-0) |
MTH 332 | Introduction to Mathematical Proof |
3(3-0) |
STA 590 | Applied Statistical Methods II |
3(3-0) |
STA 591 | Data Mining Techniques I |
3(3-0) |
STA 592 | Six Sigma: Foundations and Techniques for Green Belts |
3(3-0) |
STA 595 | Introduction to Bayesian Statistics |
3(3-0) |
Total: 65 semester hours
English requirements
Only one is required
TOEFL-IBT
79/120
TOEFL-ITP
550/677
IELTS
6.5/9
PTE (Pearson)
53/90
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Tuition fees
/year
Program duration
4 years | Full time
Delivery mode
On-Campus
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