Assess Risk and Solve Financial Problems
Learn how to analyze probabilities, risks, and potential outcomes. You will master the mathematical theory and apply your knowledge to solve financial problems as an actuary. UAlbany's bachelor’s in actuarial and mathematical sciences program will prepare you for a career in areas including insurance, pension, finance, government, and business.
Program of Study
Coursework focuses on key areas like computer science, statistics, accounting, and economics, giving you the knowledge and confidence to pass the National Actuarial Examinations. Excelling in these exams is essential to securing employment in the actuary field.
Combined Major and minor sequence (64 credits)
Mathematics Courses (37 credits)
Calculus I or Algebra and Calculus II
Calculus of Several Variables
Introduction to Proofs and corequisite Information Literacy in Mathematics and Statistics
Theory of Interest
Probability for Statistics
Life Contingencies I
Applied Stochastic Processes
Computer Science Courses (6 credits)
Introduction to Computer Science
Data Processing Principles
Object-Oriented Programming for Data Processing Applications
Business Courses (6 credits)
Economics Courses (15 credits)
Principles of Economics I: Microeconomics
Principles of Economics II: Macroeconomics
A student may be admitted formally to the Department’s honors program in actuarial science at any time after the sophomore year. However, any student who is interested in the program should see the Director of the Actuarial Science Program as early as possible for informal advisement concerning the honors thesis.
With a Bachelor of Science in Actuarial and Mathematical Sciences, you will be prepared to work in the actuarial industry or a closely related field such as health insurance, life insurance, property insurance, pension and retirement benefits, and enterprise risk. Potential job titles include: