Acturial Science Minor

The actuarial science minor is for students who are interested in a career as an actuary or in other areas of industry dealing with risk management. Actuaries identify and manage the financial impact of risk. They typically work for financial or insurance companies. With margins thinner, actuarial accuracy is more necessary than ever to the global economy. To become an actuary, you must pass a series of examinations administered by one of the professional societies.

Why CBU?

The Society of Actuaries (SOA) has approved CBU for Validation by Educational Experience (VEE) in all three areas of Applied Statistical Methods, Economics, and Corporate Finance.

Career Opportunities

  1. Insurance Industry
  2. Enterprise Risk Management
  3. Business Analytics
  4. Banking and Financial Services
  5. Wealth Management and Financial Planning

Link

  1. http://www.bls.gov/ooh/math/actuaries.htm
  2. http://www.beanactuary.org/
  3. https://www.soa.org
  4. http://www.actuary.org/
  5. http://www.casact.org/

Lower Division Requirements

MAT245 Analytical Geometry & Calculus I
+

Basic concepts of analytical geometry, limits and derivatives, differentials and rates, integration, definite and indefinite integrals, differentiation of logarithmic and exponential functions. Prerequisite: MAT 135, 145, EGR 182, or sufficient SAT, ACT or math placement exam scores and appropriate high school mathematics background. (4 units; Fall/Spring)

MAT245-A
Willett, Robert James
05/08/2017 MTWTh 10:30 AM - 12:30 PM BUS 252
MAT245-D
Erickson, Sheraya L.
09/05/2017 MWF 8:45 AM - 9:30 AM Yeager Center B222
MAT245-E
Erickson, Sheraya L.
09/05/2017 MWF 9:30 AM - 10:15 AM Yeager Center B222
MAT245-A
Cordero, Ricardo J.
09/05/2017 MWF 7:00 AM - 7:45 AM BUS 103
MAT245-C
Cordero, Ricardo J.
09/05/2017 Th 8:15 AM - 9:15 AM BUS 123
MAT245-B
Cordero, Ricardo J.
09/05/2017 MWF 7:45 AM - 8:30 AM BUS 103
MAT245-A
Nielsen Hernandez, Michelle
01/09/2018 W 8:15 AM - 9:15 AM TBA
MAT245-B
Nielsen Hernandez, Michelle
01/09/2018 W 8:15 AM - 9:15 AM TBA
MAT245-C
Nielsen Hernandez, Michelle
01/09/2018 W 9:30 AM - 10:30 AM TBA
MAT245-D
Nielsen Hernandez, Michelle
01/09/2018 W 9:30 AM - 10:30 AM TBA

MAT255 Anlytical Geometry & Calculus II
+

Continued study and applications of integration: volumes, lengths, surface of revolution; derivatives and integrals involving trigonometric functions, indefinite series, expansion of functions, hyperbolic functions, law of the mean, indeterminate forms, partial fractions, polar coordinates, and conic sections. Prerequisite: MAT 245. (4 units; Fall/Spring)

MAT255-A
Willett, Robert James
09/05/2017 MWF 8:45 AM - 9:30 AM BUS 252
MAT255-B
Willett, Robert James
09/05/2017 MWF 9:30 AM - 10:15 AM BUS 252
MAT255-C
Willett, Robert James
09/05/2017 T 9:30 AM - 10:30 AM Yeager Center A112
MAT255-D
Willett, Robert James
09/05/2017 T 1:15 PM - 2:15 PM Yeager Center B219
MAT255-A
Willett, Robert James
01/09/2018 MWF 7:00 AM - 7:45 AM TBA
MAT255-B
Willett, Robert James
01/09/2018 MWF 7:45 AM - 8:30 AM TBA
MAT255-C
Sill, Michael R.
01/09/2018 MWF 1:00 PM - 1:45 PM TBA
MAT255-D
Sill, Michael R.
01/09/2018 MWF 1:00 PM - 1:45 PM TBA

STA144 Introduction to Statistics
+

Mathematical theory and applications, development of formulae, principles of statistical decision theory, descriptive measurements, probability concepts, random variables, normal distribution, inferential statistics, sampling distributions, confidence intervals, hypothesis testing, chi-squared procedures, linear regression, and the use of computers in statistics. Prerequisite: MAT 115 or sufficient SAT, ACT or math placement exam scores and appropriate high school mathematics background. (3 units; Fall/Spring)

STA144-A
Knisley, Benjamin David
05/08/2017 TTh 3:45 PM - 5:15 PM BUS 251
STA144-B
Ludwig, Shane Matthew
07/03/2017 TTh 3:45 PM - 5:15 PM BUS 251
STA144-F
Knisley, Benjamin David
09/05/2017 TTh 7:15 PM - 8:45 PM BUS 203
STA144-E
Knisley, Benjamin David
09/05/2017 TTh 5:30 PM - 7:00 PM BUS 106
STA144-B
Wood, Daniel A.
09/05/2017 MWF 8:15 AM - 9:15 AM Yeager Center B221
STA144-C
Wood, Daniel A.
09/05/2017 MWF 9:30 AM - 10:30 AM Yeager Center B221
STA144-D
Wood, Daniel A.
09/05/2017 MWF 10:45 AM - 11:45 AM Yeager Center B221
STA144-A
Carothers, Linn E.
09/05/2017 MWF 12:00 PM - 1:00 PM Mission Hall 124
STA144-A
Carothers, Linn E.
01/09/2018 MWF 12:00 PM - 1:00 PM TBA

STA210 Statistical Computing I
+

An introduction to data mining, management and statistical programming techniques using comprehensive and widely available tools like SAGE, SPSS, SAS and R. Students learn exploratory data analysis, coding and manipulation of variables, database management applying statistical concepts. Modeling and simulation experiments on a variety of applied data sets. Prerequisites: STA 144. (3 units; Fall odd years)

STA210-A
Noh, Heewon Esther_AKA:_Esther_L
09/05/2017 TTh 2:00 PM - 3:30 PM Yeager Center B222

Upper Division Requirements

MAT343 Multivariable Calculus
+

Study and applications of vector analysis, partial differentiation, multiple integration, Jacobians, theorems of Green and Stokes, and divergence theorem. Prerequisite: MAT 255. (4 units; Fall/Spring)

MAT343-A
Pankowski, Franciszek
09/05/2017 MWF 7:00 AM - 7:45 AM BUS 103
MAT343-C
Sill, Michael R.
09/05/2017 T 10:45 AM - 11:45 AM Building 36 36B
MAT343-B
Pankowski, Franciszek
09/05/2017 MWF 7:45 AM - 8:30 AM BUS 103
MAT343-A
Pankowski, Franciszek
01/09/2018 MWF 7:45 AM - 8:30 AM TBA

MAT353 Probability & Statistics
+

A calculus based course covering discrete and continuous distributions, expectations, the normal distribution, the central limit theorem, the binomial distribution, and various topics in statistical theory such as point estimation, hypothesis testing, and linear regression. Prerequisite: MAT 245. (3 units; Fall)

MAT353-A
Nielsen Hernandez, Michelle
09/05/2017 MWF 8:15 AM - 9:15 AM BUS 103

STA310 Mathematical Statistics I
+

The first semester of a two-semester course providing a systematic development of the theories of probability and statistics. Students learn and use fundamental concepts of probability models, random variables and their distributions, reduction of data, estimation, testing of hypotheses, univariate normal inference, and statistical decision theory. The first semester is required for BA and BS statistics majors of all concentrations. Prerequisite: MAT 353. (3 units; Fall even years)

STA310-A
Noh, Heewon Esther_AKA:_Esther_L
09/05/2017 TTh 8:45 AM - 10:15 AM BUS 250

STA480 Seminar in Probability & Statics
+

An overview of topics from probability and statistics including general probability, univariate distributions, and multivariate distributions, as well as, calculus and basic concepts of insurance and risk management. Prerequisite: MAT353 (2 Units; Spring)

STA480-A
Nielsen Hernandez, Michelle
01/09/2018 MF 10:45 AM - 11:45 AM TBA