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Mathematics: Actuarial Science

a mathematics actuarial science student works at the blackboard to solve an equation
BS On-Campus Main Campus
DEGREE TYPE

Bachelor's Degree

PROGRAM TYPE

Undergraduate

DEPARTMENT
Mathematics
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Find your fearless future—prepare for exams, launch your career, and excel in actuarial science.

Mathematics and actuarial science includes the study of areas such as mathematics, probability, statistics, finance, and economics. An actuary applies these areas of study to assess risk in business and industrial settings. The most common areas studied are insurance and finance. 

Where Bold Ideas Take Shape in mathematics actuarial science

As a mathematics actuarial science major, you’ll use software to model and predict risk behaviors. You’ll also take business courses, which is a unique feature of our program. In addition, you’ll:  

  • Interact with statistics and actuarial faculty with diverse backgrounds. 
  • Be exposed to practical projects in actuarial risk, financial time series, and regression modeling. 
  • Have a strong foundation in calculus and probability. 
  • Be prepared for professional examinations. Curriculum guidance and study sessions are part of the program core. 
  • Intern with corporations in metropolitan areas such as St. Louis and Memphis. 

What Can You Do with a mathematics Actuarial Science Degree?

A degree in mathematics actuarial science prepares you for high demand careers focused on data, risk analysis, and financial decision making. SEMO students develop strong analytical, statistical, and problem solving skills that employers value across industries such as insurance, finance, healthcare, and business.

Graduates pursue careers as actuaries, risk analysts, financial consultants, data analysts, and insurance specialists. Through hands on learning and preparation, SEMO helps students build the knowledge needed for long term career success.

SEMO’s Career Services team also supports your next steps with resume guidance, interview preparation, networking opportunities, and employer connections so you can confidently launch your career after graduation.

Internship and Employment Opportunities of Recent mathematics actuarial science Graduates

  • All-State Insurance
  • New York Stock Exchange
  • The Hartford
  • State Farm
  • Lockton Companies

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Mathematics: Actuarial Science (BS) Degree Map

Explore the courses you'll need to complete your degree.

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Mathematics Actuarial Science Outcomes & Careers

  • $134k  

    Actuary

    According to the U.S. Bureau of Labor Statistics, the mean annual salary for an actuary is $134,990.

  • $112k 

    Statistician

    According to the U.S. Bureau of Labor Statistics, the mean annual salary for a statistician is $112,330.

  • $180K 

    Financial Manager

    According to the U.S. Bureau of Labor Statistics the mean annual salary for a financial manager is $180,470. 

Turn Ambition Into Action

In the actuarial science program, you’ll have choices for applying your studies to different applications or for specializing in different disciplines. You’ll complete a minimum of 120 credit hours to complete this degree, including the general education requirements and at least 39 senior division hours.

Required Courses

  •   AC221 Principles of Accounting I (3) 
  • AC222 Principles of Accounting II (3) 
  • EC215 Principles of Microeconomics (3) 
  • EC225 Principles of Macroeconomics (3) 
  • FI361 Financial Management (3) 
  • MA140 Analytic Geometry and Calculus I (5) 
  • MA145 Analytic Geometry and Calculus II (4) 
  • MA160 Introduction to Mathematical Ideas (3) 
  • MA223 Elementary Probability and Statistics (3) 
  • MA244 Analytic Geometry and Calculus III (4) 
  • MA250 Foundations of Mathematics (3) 
  • MA323 Statistical Methods (3) 
  • MA345 Linear Algebra (3) 
  • MA375 Theory of Interest (3) 
  • MA385 Financial Mathematics (3) 
  • MA425 Applied Regression Analysis (3) 
  • MA523 Probability and Statistics I (3) 
  • MA524 Probability and Statistics II (3) 
  • MA526 Actuarial Seminar (3) 
  • MA530 Statistical Learning (3) 
  • MA575 Time Series/Forecasting (3) 
  • MA585 Fundamentals of Actuarial Mathematics I (3) 

Choose 3 hours - programming course: 

  • CS101 Introduction to Computer Programming (3) 
  • MA334 Mathematical Programming (3) 

Choose 12 hours: 

  • EC351 Applied Economic Models (3) 
  • EC490 Business Forecasting (3) 
  • FI351 Principles of Insurance (3) 
  • FI362 Advanced Financial Management (3) 
  • FI368 Investments (3) 
  • MA350 Differential Equations I (3) 
  • MA475 Multivariate Methods (3) 
  • MA550 Differential Equations (3) 
  • MA580 Experimental Design and Analysis of Variance (3) 
  • MK301 Principles of Marketing (3) 
  • MK348 Brand Marketing (3) 

Some requirements may be fulfilled by coursework in major program.
  • Social and Behavioral Sciences – 6 hours
  • Constitution Requirement – 3 hours
  • Written Communication – 6 hours
  • Oral Communication – 3 hours
  • Natural Sciences – 7 hours (from two disciplines, one to include a lab)
  • Mathematics – 3 hours
  • Humanities & Fine Arts – 9 hours (from at least two disciplines)
  • Additional requirements – 5 hours (to include UI100 for native students)
  • Civics examination

First Year    

Fall Semester (15 Hours)     
  • UI100 (1) 
  • EN100 (3) 
  • AC221 (3) 
  • MA140 (5) 
  • MA160 (3) 
Spring Semester (16 Hours)     
  • AC222 (3)
  • MA145 (4) 
  • MA223 (3) 
  • General Education (3) 
  • General Education (3) 

Second Year    

Fall Semester (16 Hours)  
  • EC215 (3) 
  • MA244 (4) 
  • MA250 (3) 
  • MA323 (3) 
  • General Education (3) 
Spring Semester (15 Hours)    
  • EC225 (3) 
  • MA345 (3) 
  • CS101/MA334 (3) 
  • General Education (3) 
  • General Education (3)

Third Year    

Fall Semester (15 Hours)    
  • MA375 (3)
  • MA425 (3)
  • MA523 (3)
  • MA530 (3) 
  • General Education (3) 
Spring Semester (15 Hours)     
  • FI361(3) 
  • MA385 (3)
  • MA524 (3) 
  • MA526 (3) 
  • MA575 (3) 

Fourth Year    

Fall Semester (15 Hours)     
  • Major Elective (3) 
  • Major Elective (3) 
  • General Education (3) 
  • General Education (3) 
  • General Education (3)
Spring Semester (15 Hours)  
  • MA585 (3)
  • Major Elective (3) 
  • Major Elective (3) 
  • General Education (3)
  • General Education (3)
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What will it cost?

Get Funding for Your Education

Missouri’s opened the door to a more educated workforce. We want to help you walk through it. If you’re an adult learner and a Missouri resident returning to college, learn about the Fast Track Workforce Incentive Grant. It’s a statewide financial aid program that can be used to pursue a certificate, degree or industry-recognized credential in a high need area in Missouri. This major is eligible for the Fast Track grant.
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Additional Resources

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Program Details Degree Map

DEGREE TYPE

Bachelor's Degree

PROGRAM TYPE

Undergraduate

LOCATION

Main Campus - Cape

Mathematics

Contact Us

Location

Office

Johnson Hall 201

Mailing Address

One University Plaza, MS 6700
Cape Girardeau, Missouri 63701
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