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    Milwaukee School of Engineering
   
 
  Nov 23, 2017
 
 
    
2017-2018 Undergraduate Academic Catalog

Actuarial Science, B.S.


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Program Director

Dr. Yvonne Yaz
Office: L317
Phone: (414) 277-7423
Email: yaz@msoe.edu

Do you like mathematics but don’t want to become an engineer? Then the field of actuarial science might be for you.

In fact, actuarial science is rated as one of the best jobs in the United States. In almost every category, such as work environment, employment outlook, job security, growth opportunity and especially salary, a career as an actuary is hard to beat.

Actuaries are professionals who use math and statistics to manage risk, evaluate the likelihood of future events and reduce the likelihood and impact of undesirable events.

Program Educational Objectives

Graduates of the BS in Actuarial Science program:

  • Will be employed in a position that is related to their Actuarial Science studies 
  • Will have passed the first two professional actuarial exams 
  • Will continue to advance their professional skills through lifelong learning 
  • Who chose to pursue graduate degree will be able to do so 
  • Will demonstrate a commitment to their profession by participating at least one professional society or service activity 
  • Will practice their profession in an ethical manner 

Student Outcomes

Upon graduation, a student in the BS in Actuarial Science program will have the following skills or abilities:

  • Construct, solve and analyze mathematical models using calculus-based mathematics, probability theory and statistics for problems in Actuarial Science.
  • Perform general mathematics including single variable calculus, multi-variable calculus, differential equations and linear algebra at a high level of proficiency.
  • Possess a working knowledge of micro-economics, macro-economics, and principles of finance.
  • Be proficient in the use of productivity and computational software applications.
  • Respect the ethical responsibilities associated with Actuarial Science.
  • Work effectively in a multi-disciplinary team.
  • Develop and present professional quality demonstrations.
  • Pass the first two professional actuarial exams.

View Annual Student Enrollment and Graduation Data

Actuarial Science Model Full-time Track V5.0


Year One


Total: 15 lecture hours - 0 lab hours - 15 credits

Total: 15 lecture hours - 0 lab hours - 15 credits

Total: 15 lecture hours - 0 lab hours - 15 credits

Year Two


Total: 17 lecture hours - 0 lab hours - 17 credits

Total: 16 lecture hours - 0 lab hours - 16 credits

Total: 17 lecture hours - 2 lab hours - 18 credits

Year Three


Fall


Total: 15 lecture hours - 0 lab hours - 15 credits

Total: 16 lecture hours - 0 lab hours - 16 credits

Total: 15 lecture hours - 2 lab hours - 16 credits

Year Four


Total: 15 lecture hours - 0 lab hours - 15 credits

Winter


Total: 15 lecture hours - 0 lab hours - 15 credits

Spring


Total: 15 lecture hours - 0 lab hours - 15 credits

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