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Actuarial Science, B.S.
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College of Arts and Sciences (CAS) and the School of Business Administration (SBA)
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Department of Mathematics and Statistics and the Department of Economics
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Catalog Year: 2023
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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
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timeline for graduation due to specific semester offering. Please see the notes column for further clarification.
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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.
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Semester One (16 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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MTH 1554 - Calculus I4CMultiple
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
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ECN 2010 - Principles of Microeconomics4CMultipleHigh school algebraMajor requirement - also satisfies GE - SS
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WRT 1050 - Composition or WRT 10604CElectiveWRT 1020 with a grade of C or higher; placementPrerequisite to subsequent Writing Foundation General Education course
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SBC 1990 - ACHIEVE I0PassingMajorNo prerequisitePrerequisite to subsequent major courses
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General Education Course4PassingGeneral EducationPrerequisite varies with choicehttp://catalog.oakland.edu/
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Semester Two (16 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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MTH 1555 - Calculus II4CMajorMTH 1554 minimum grade of (C)Prerequisite to subsequent major courses.
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ECN 2020 - Principles of Global Macroeconomics4CMultipleHigh school algebraMajor requirement - also satisfies GE - GP
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WRT 1060 - Composition II or STA 22264CGeneral Education
WRT 1050 with grade of C or higher; placement STA prerequisite is MTH 1554
Prerequisite to subsequent Writing Intensive courses
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ACC 2000 - Introductory Financial Accounting4CMajor
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
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SBC 2990 - ACHIEVE II0PassingMajorSBC 1990Prerequisite to subsequent major courses.
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Semester Three (15 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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FIN 3550 or (FIN 3220 and FIN 3720)4CMajorACC 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.
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STA 2226 - Applied Probability and Statistics or MIS 44604CMajorMTH 1222 or MTH 1554 minimum grade of (C)Prerequisite to subsequent major courses
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ECN 3810 Mathematics for Economists or ECN 3500 Insurance and Risk Management 3CMajor
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
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MTH 2554 - Multivariable Calculus4CMajorMTH 1555 minimum grade of (C)
Prerequisite to subsequent major courses. Or permission of the chief undergraduate faculty adviser.
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ACS 3990 - ACHIEVE 3 Actuarial Sciences0PassingMajorSBC 1990 and SBC 2990Generally offered during the fall semester.
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Semester Four (13 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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MTH 2775 - Linear Algebra4CMajorMTH 1555 minimum grade of (C)Prerequisite to subsequent major courses.
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ACS 4550 - Financial Mathematics3CMajor
MTH 2554 and (FIN 3720 or FIN 3550) minimum grade of (C) in each
Satisfies capstone requirement.
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ECN 3210 Financial Markets and Economy3CMajorPrerequisite varies with choice
ECN 3210 Financial Markets and Economy is suggested. Offered winter and summer.
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MIS 4460 - Business Analytics or MIS 44703CMajor
QMM 2410 or EGR 2600 or STA 2221 or STA 2226 minimum grade of (C)
No note.
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TAKE FM EXAM IN JUNE
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Semester Five (12 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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STA 4113 - Introduction to Mathematical Statistics4CMajor
STA 2226, MTH 2554, and MTH 2775 with minimum grade of (C) in each
Offered fall only.
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ECN 3810 Mathematics for Economists or ECN 3500 Insurance and Risk Management3CElectiveECN 2010 and ECN 2020MIS 4470 - Practical Computing for Data Analytics is suggested.
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EGR 1400 - Computer Problem Solving in Engineering and Computer Science4CMajorMTH 1554 or equivalentNo note.
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ACS 3000 - Foundations of Probability and Calculus1CMajor
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.
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take only 12 or 13 credits why taking STA 4227http://catalog.oakland.edu/
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TAKE P EXAM IN JANUARY
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Semester Six (18 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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STA 4228, QMM 2410, or STA 43304CMajorSTA 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.
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WRT 3082 - Business Writing4CMultipleWRT 1060Satisfies GE - KA.
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MIS 3140 Business Database Systems3CMajorEGR 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.
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COM 2000 Public Speaking or COM 2403 Group Dynamics and Communication4CMajorNo prerequisiteNo note.
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MIS 4470 (needed for the PA exam)3CElectiveMIS 4460 or EGR 1400
"Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level
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Semester Seven (18 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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STA 4002 - Applied Linear Models I or ECN 4050 Econometrics (3 credits)4CMajor
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).
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APM 2559 - Differential Equations or APM 4334 - Applied Num Mods: Matrix Methods4CMajorPrerequisite varies with choice.Options: APM 2559, STA 4225, APM 4334.
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General Education Course4PassingGeneral EducationPrerequisite varies with choicehttp://catalog.oakland.edu/
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ECN elective3CElectiveACS 4550 with minimum grade of (C)Only offered fall. Not needed if student takes FIN 4250 in Winter.
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Econ or SBA electove3CElectivePrerequisites vary (most satisfied)
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Semester Eight (16 credit hours) - Course Subject and TitleCreditsMinimum GradeCourse TypePrerequisitesNotes
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General Education Course4PassingGeneral EducationPrerequisite varies with choicehttp://catalog.oakland.edu/
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General Education Course4PassingGeneral EducationPrerequisite varies with choicehttp://catalog.oakland.edu/
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General Education Course4PassingGeneral EducationPrerequisite varies with choice
"Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level
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General Education Course4PassingGeneral EducationPrerequisite varies with choice
"Elective" may need to include university requirements of G.E. Integration or credits at the 3000-4000 level
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Sample Schedule Notes:
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Earn a minimum grade of C in all courses applied to the major including cognate courses for the major.
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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.
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This major is offered jointly by the Department of Mathematics and Statistics and the Department of Economics.
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SAT (old) refers to exams taken before March 2016. SAT (new) refers to exams taken March 2016 or later.
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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.
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CAS Exploratory Requirement
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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.
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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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Degree RequirementsCreditsNote
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General Education24
Multiple General Education course are fulfilled with courses in the Major to reach the 40 required credits
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DiversityIncluded
Multiple General Education and/or major courses also fulfill this area
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WIM/WIGE/CapstoneIncluded
Multiple General Education and/or major courses also fulfill this area
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CAS Exploratory Requirement0
Met in major with ECN or MTH courses
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Major86
Including corequisites
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Electives14
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Total Credits:124
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