Start preparing for your future now. Southeast students studying actuarial science are ready for professional exams and successful careers.

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. 

What You'll Do 

As an 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. 

Outcomes & Careers

  • 100%

    Successful Outcomes Rate

    Students graduating with degrees from the Department of Mathematics report being employed or furthering their education six months after graduation. 

  • $123k  

    Actuary

    According to the U.S. Bureau of Labor Statistics the mean annual salary for a computer and information analyst is $123,180.

  • $97k  

    Statistician

    According to the U.S. Bureau of Labor Statistics the mean annual salary for a computer and information analyst is $97,170.

  • $152k  

    Financial Manager

    According to the U.S. Bureau of Labor Statistics the mean annual salary for a computer and information analyst is $151,510. 

What You'll Study

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.

Mathematics: Actuarial Science Option – 76-77 hours – No minor required

  • 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)
  • FI362 Advanced Financial Management (3)
  • MA138 Discrete Mathematics I (3)
  • MA140 Analytic Geometry & Calculus I (5)
  • MA145 Analytic Geometry & Calculus II (4)
  • MA223 Elem Probability & Statistics (3)
  • MA244 Analytic Geometry & Calculus III (4)
  • MA250 Foundations of Math (3)
  • MA345 Linear Algebra (3)
  • MA375 Theory of Interest (3)
  • MA385 Financial Mathematics (3)
  • MA425 Applied Regression Analysis (3)
  • MA523 Probability & Statistics I (3)
  • MA524 Probability & Statistics II (3)
  • MA526 Actuarial Seminar (3)
  • MA575 Time Series and Forecasting (3)
  • MA585 Introduction to Life Contingencies (3)

    Choose one of the following: 3-4 Hours

  • CS155 Computer Science I (4)
  • CS177 Programming for Scientists and Engineers (3)
  • MA334 Mathematical Programming (3)

    Choose 6 hours from the following:

  • EC351 Applied Economic Models (3)
  • EC490 Business Forecasting (3)
  • FI351 Principles of Insurance (3)
  • FI368 Investments (3)
  • MA350 Differential Equations I (3)
  • MA530 Statistical Learning (3)
  • MA546 Advanced Calculus I (3)
  • MA550 Differential Equations II (3)
  • MA580 Experimental Design and Analysis of Variance (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

Freshman Year    

Fall Semester (15 Hours)     

  • UI100 (1) 
  • EN100 (3) 
  • AC221 (3) 
  • MA140 (5) 
  • General Education (3) 

Spring Semester (16 Hours)     

  • AC222 (3)
  • MA138 (3) 
  • MA145 (4) 
  • General Education (3) 
  • Elective (3) 

Sophomore Year    

Fall Semester (16 Hours)  

  • EC215 (3) 
  • MA244 (4) 
  • MA250 (3) 
  • MA375 (3) 
  • General Education (3) 

Spring Semester (15 Hours)    

  • EC225 (3) 
  • MA345 (3) 
  • MA385 (3) 
  • Computer Programming* (3) 
  • General Education (3) 

Junior Year    

Fall Semester (15 Hours)    

  • MA523 (3) 
  • Major Elective** (3) 
  • General Education (3) 
  • General Education (3) 
  • Elective (3)

Spring Semester (15 Hours)     

  • FI361(3) 
  • MA524 (3)
  • MA526 (3) 
  • MA585 (3) 
  • General Education (3) 

Senior Year    

Fall Semester (15 Hours)     

  • FI362 (3) 
  • MA425 (3) 
  • Major Elective** (3) 
  • General Education (3) 
  • Elective (3)

Spring Semester (13 Hours)  

  • MA575 (3)
  • General Education (3) 
  • General Education (3) 
  • Elective (4)

 

*Select one: CS155 or CS177 or MA334

**Major Electives include two of the following courses: MA350, MA546, MA550, MA580, EC351, EC490,
FI351 or FI368.

Become a Redhawk.

Do more than dream about the future. Take the first steps to make it all happen.

Getting the Job

Your education is just one piece to launching an extraordinary career. Once you’ve mastered the material, you still have to find the job you want, make the right connections, sell your knowledge and experience—and if all this is giving you anxiety, don’t panic. SEMO’s Career Services office is here to help you with the next step. They’ll provide the expertise and support you need, so you’re landing your dream job in no time.

Mathematics: Actuarial Science (BS) Degree Map

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

Location
Office
Johnson Hall 201
Mailing Address
One University Plaza, MS 6700
Cape Girardeau, Missouri 63701