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1 | Actuarial Science, B.S. | |||||||||||||||||||||||||
2 | College of Arts and Sciences (CAS) and the School of Business Administration (SBA) | |||||||||||||||||||||||||
3 | Department of Mathematics and Statistics and the Department of Economics | |||||||||||||||||||||||||
4 | Catalog Year: 2023 | |||||||||||||||||||||||||
5 | ||||||||||||||||||||||||||
6 | This is a sample schedule of all general education, CAS Exploratory and major requirements for this degree in a 4-year plan. Courses in bold are designated as critical and may be prerequisites to subsequent major courses or may affect | |||||||||||||||||||||||||
7 | timeline for graduation due to specific semester offering. Please see the notes column for further clarification. | |||||||||||||||||||||||||
8 | The below plan is based on SAT Writing 410-610 and SAT Math 540-650 (new), or AP/IB/CLEP equivalents to place into MTH 1554. | |||||||||||||||||||||||||
9 | ||||||||||||||||||||||||||
10 | Semester One (16 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
11 | MTH 1554 - Calculus I | 4 | C | Multiple | MTH 1441(or MTH 1331/1332*) minimum grade (C) or placement | Prerequisite to subsequent major courses; Major and GE - FR course. *MTH 1331/1332 two semester sequence recommended for SAT 540-560, ACT 22-23. MTH 1441 recommended for SAT 570-650, ACT 24-27. See Math Placement Info at oakland.edu/math/undergrad/placement | ||||||||||||||||||||
12 | ECN 2010 - Principles of Microeconomics | 4 | C | Multiple | High school algebra | Major requirement - also satisfies GE - SS | ||||||||||||||||||||
13 | WRT 1050 - Composition or WRT 1060 | 4 | C | Elective | WRT 1020 with a grade of C or higher; placement | Prerequisite to subsequent Writing Foundation General Education course | ||||||||||||||||||||
14 | SBC 1990 - ACHIEVE I | 0 | Passing | Major | No prerequisite | Prerequisite to subsequent major courses | ||||||||||||||||||||
15 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | http://catalog.oakland.edu/ | ||||||||||||||||||||
16 | ||||||||||||||||||||||||||
17 | Semester Two (16 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
18 | MTH 1555 - Calculus II | 4 | C | Major | MTH 1554 minimum grade of (C) | Prerequisite to subsequent major courses. | ||||||||||||||||||||
19 | ECN 2020 - Principles of Global Macroeconomics | 4 | C | Multiple | High school algebra | Major requirement - also satisfies GE - GP | ||||||||||||||||||||
20 | WRT 1060 - Composition II or STA 2226 | 4 | C | General Education | WRT 1050 with grade of C or higher; placement STA prerequisite is MTH 1554 | Prerequisite to subsequent Writing Intensive courses | ||||||||||||||||||||
21 | ACC 2000 - Introductory Financial Accounting | 4 | C | Major | MTH 1554 prior to or concurrent with ACC 2000 or [MIS 1000 and WRT 1060 and (MTH 1221 or MTH 1222 or MTH 1441)] | Prerequisite to subsequent major courses | ||||||||||||||||||||
22 | SBC 2990 - ACHIEVE II | 0 | Passing | Major | SBC 1990 | Prerequisite to subsequent major courses. | ||||||||||||||||||||
23 | ||||||||||||||||||||||||||
24 | Semester Three (15 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
25 | FIN 3550 or (FIN 3220 and FIN 3720) | 4 | C | Major | ACC 2000, FIN requires many prerequisites | FIN 3550 suggested. Students under a previous catalog who have taken FIN 3550 may use this course to substitute for FIN 3220. | ||||||||||||||||||||
26 | STA 2226 - Applied Probability and Statistics or MIS 4460 | 4 | C | Major | MTH 1222 or MTH 1554 minimum grade of (C) | Prerequisite to subsequent major courses | ||||||||||||||||||||
27 | ECN 3810 Mathematics for Economists or ECN 3500 Insurance and Risk Management | 3 | C | Major | ECN 2010 and ECN 2000 or ECN 2020 or ECN 2100 and MTH 1222 or MTH 1554 minimum grade of (C) | Students on a previous catalog who have taken ECN 3810 may use this course as a substitute for ECN 3030 | ||||||||||||||||||||
28 | MTH 2554 - Multivariable Calculus | 4 | C | Major | MTH 1555 minimum grade of (C) | Prerequisite to subsequent major courses. Or permission of the chief undergraduate faculty adviser. | ||||||||||||||||||||
29 | ACS 3990 - ACHIEVE 3 Actuarial Sciences | 0 | Passing | Major | SBC 1990 and SBC 2990 | Generally offered during the fall semester. | ||||||||||||||||||||
30 | ||||||||||||||||||||||||||
31 | Semester Four (13 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
32 | MTH 2775 - Linear Algebra | 4 | C | Major | MTH 1555 minimum grade of (C) | Prerequisite to subsequent major courses. | ||||||||||||||||||||
33 | ACS 4550 - Financial Mathematics | 3 | C | Major | MTH 2554 and (FIN 3720 or FIN 3550) minimum grade of (C) in each | Satisfies capstone requirement. | ||||||||||||||||||||
34 | ECN 3210 Financial Markets and Economy | 3 | C | Major | Prerequisite varies with choice | ECN 3210 Financial Markets and Economy is suggested. Offered winter and summer. | ||||||||||||||||||||
35 | MIS 4460 - Business Analytics or MIS 4470 | 3 | C | Major | QMM 2410 or EGR 2600 or STA 2221 or STA 2226 minimum grade of (C) | No note. | ||||||||||||||||||||
36 | TAKE FM EXAM IN JUNE | |||||||||||||||||||||||||
37 | Semester Five (12 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
38 | STA 4113 - Introduction to Mathematical Statistics | 4 | C | Major | STA 2226, MTH 2554, and MTH 2775 with minimum grade of (C) in each | Offered fall only. | ||||||||||||||||||||
39 | ECN 3810 Mathematics for Economists or ECN 3500 Insurance and Risk Management | 3 | C | Elective | ECN 2010 and ECN 2020 | MIS 4470 - Practical Computing for Data Analytics is suggested. | ||||||||||||||||||||
40 | EGR 1400 - Computer Problem Solving in Engineering and Computer Science | 4 | C | Major | MTH 1554 or equivalent | No note. | ||||||||||||||||||||
41 | ACS 3000 - Foundations of Probability and Calculus | 1 | C | Major | MTH 2554 and STA 2226 with minimum grade of (C) in each | Required unless a student has earned a B+ or higher in MTH 2554. ECN 4010 is an alternative (not required) 1 credit course. | ||||||||||||||||||||
42 | take only 12 or 13 credits why taking STA 4227 | http://catalog.oakland.edu/ | ||||||||||||||||||||||||
43 | TAKE P EXAM IN JANUARY | |||||||||||||||||||||||||
44 | Semester Six (18 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
45 | STA 4228, QMM 2410, or STA 4330 | 4 | C | Major | STA 4227 (grade of C or better) | STA 4228 Intro to Mathematical Statistics II suggested. Offered winter only. Satisfies VEE in statistics. Students under a previous catalog who have taken ECN 4060, STA 4228, or STA 4330 can substitute these for QMM 2410. | ||||||||||||||||||||
46 | WRT 3082 - Business Writing | 4 | C | Multiple | WRT 1060 | Satisfies GE - KA. | ||||||||||||||||||||
47 | MIS 3140 Business Database Systems | 3 | C | Major | EGR 1400, other prerequsites are waived | Students under a previous catalog who have taken MIS 3130 may use this course as a substitute for MIS 3140. | ||||||||||||||||||||
48 | COM 2000 Public Speaking or COM 2403 Group Dynamics and Communication | 4 | C | Major | No prerequisite | No note. | ||||||||||||||||||||
49 | MIS 4470 (needed for the PA exam) | 3 | C | Elective | MIS 4460 or EGR 1400 | "Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level | ||||||||||||||||||||
50 | ||||||||||||||||||||||||||
51 | Semester Seven (18 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
52 | STA 4002 - Applied Linear Models I or ECN 4050 Econometrics (3 credits) | 4 | C | Major | STA 2226, and MTH 2775 with minimum grade of (C) in each | Also satisfies WIM. Only offered fall. Alternate option: ECN 4050 (only offered FALL). | ||||||||||||||||||||
53 | APM 2559 - Differential Equations or APM 4334 - Applied Num Mods: Matrix Methods | 4 | C | Major | Prerequisite varies with choice. | Options: APM 2559, STA 4225, APM 4334. | ||||||||||||||||||||
54 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | http://catalog.oakland.edu/ | ||||||||||||||||||||
55 | ECN elective | 3 | C | Elective | ACS 4550 with minimum grade of (C) | Only offered fall. Not needed if student takes FIN 4250 in Winter. | ||||||||||||||||||||
56 | Econ or SBA electove | 3 | C | Elective | Prerequisites vary (most satisfied) | |||||||||||||||||||||
57 | ||||||||||||||||||||||||||
58 | Semester Eight (16 credit hours) - Course Subject and Title | Credits | Minimum Grade | Course Type | Prerequisites | Notes | ||||||||||||||||||||
59 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | http://catalog.oakland.edu/ | ||||||||||||||||||||
60 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | http://catalog.oakland.edu/ | ||||||||||||||||||||
61 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | "Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level | ||||||||||||||||||||
62 | General Education Course | 4 | Passing | General Education | Prerequisite varies with choice | "Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level | ||||||||||||||||||||
63 | ||||||||||||||||||||||||||
64 | Sample Schedule Notes: | |||||||||||||||||||||||||
65 | Earn a minimum grade of C in all courses applied to the major including cognate courses for the major. | |||||||||||||||||||||||||
66 | Work with a faculty adviser about timing for exams. In general, take FM exam in June/August after semester four. P exam in January/March of semester four or semester six. | |||||||||||||||||||||||||
67 | This major is offered jointly by the Department of Mathematics and Statistics and the Department of Economics. | |||||||||||||||||||||||||
68 | SAT (old) refers to exams taken before March 2016. SAT (new) refers to exams taken March 2016 or later. | |||||||||||||||||||||||||
69 | Complete the requirements for a major offered by the College of Arts and Sciences with a cumulative grade-point average of at least 2.00. | |||||||||||||||||||||||||
70 | ||||||||||||||||||||||||||
71 | CAS Exploratory Requirement | |||||||||||||||||||||||||
72 | In addition to satisfying the university-wide general education requirements, all students with majors in the College of Arts and Sciences are required to complete at least three courses outside of their major rubric, for a minimum of 12 credits. | |||||||||||||||||||||||||
73 | A student may select these courses from either of the following: A single rubric of their choosing (e.g., HST) within the College of Arts and Sciences. A predefined thematic set of courses identified on the College of Arts and Sciences website. | |||||||||||||||||||||||||
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75 | Degree Requirements | Credits | Note | |||||||||||||||||||||||
76 | General Education | 24 | Multiple General Education course are fulfilled with courses in the Major to reach the 40 required credits | |||||||||||||||||||||||
77 | Diversity | Included | Multiple General Education and/or major courses also fulfill this area | |||||||||||||||||||||||
78 | WIM/WIGE/Capstone | Included | Multiple General Education and/or major courses also fulfill this area | |||||||||||||||||||||||
79 | CAS Exploratory Requirement | 0 | Met in major with ECN or MTH courses | |||||||||||||||||||||||
80 | Major | 86 | Including corequisites | |||||||||||||||||||||||
81 | Electives | 14 | ||||||||||||||||||||||||
82 | Total Credits: | 124 | ||||||||||||||||||||||||
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