# Bachelor of Science In Acturial Science

The Actuarial Science degree program is designed for students who wish to pursue a career as an actuary or in other areas of industry dealing with risk management.

Actuaries are the professionals who identify, quantify and manage the financial impact of risk. They typically work for financial or insurance companies. Assessing risk has become more important than ever. With margins thinner, actuarial accuracy is more necessary than ever to companies and to the global economy.

To become an Actuary, you must become an Associate, and ultimately a Fellow, of one of the professional societies by passing a series of examinations administered by them.

Actuaries are well compensated. The starting salary for an actuary right out of college is about $50,000. The salary usually increases with each passed exam. By the time all the exams are completed, the salary could have doubled, to around $90,000 a year, plus a bonus. Experienced fellows have the potential to earn from $150,000 to $250,000 annually, and many actuaries earn more than that.

## Actuarial Science (64 units) BS

## Lower Division Requirements

#### ACC250 Principles of Accounting I +

An introduction to financial accounting, involving its basic structure, the accounting cycles for service and merchandising enterprises, assets, liabilities, and accounting systems. (3 units; Fall)

ACC250-CKaminski, Ellen Elizabeth |
09/06/2016 | T | 2:00 PM - 3:30 PM | BUS 104 |

ACC250-DKaminski, Ellen Elizabeth |
09/06/2016 | W | 2:30 PM - 5:30 PM | BUS 104 |

ACC250-BChristie, Stephen R. |
09/06/2016 | M | 10:45 AM - 11:45 AM | BUS ONLN |

ACC250-AChristie, Stephen R. |
09/06/2016 | M | 8:15 AM - 9:15 AM | BUS ONLN |

ACC250-AChristie, Stephen R. |
01/11/2017 | M | 12:00 PM - 1:00 PM | BUS ONLN |

#### ACC251 Principles of Accounting II +

This course has an emphasis on managerial accounting involved with corporations, control accounting, and decision making. Prerequisite: ACC 250. (3 units; Spring)

ACC251-AChristie, Stephen R. |
09/06/2016 | M | 12:00 PM - 1:00 PM | BUS ONLN |

ACC251-ASTAFF, STAFF |
01/11/2017 | W | 2:30 PM - 5:30 PM | BUS |

ACC251-CSTAFF, STAFF |
01/11/2017 | T | 8:45 AM - 10:15 AM | BUS |

ACC251-DChristie, Stephen R. |
01/11/2017 | T | 2:00 PM - 3:30 PM | BUS |

ACC251-BChristie, Stephen R. |
01/11/2017 | M | 10:45 AM - 11:45 AM | BUS ONLN |

#### BUS217 Microeconomics +

This course studies economic behavior at the individual level. Topics include decision-making processes of households and firms, supply and demand, elasticity, and marginal analysis. Market structure and public policy are examined to evaluate their impact on economic welfare and the allocation of scarce resources. (3 units; Fall/Spring)

BUS217-CNamvar, Bob |
09/06/2016 | T | 2:00 PM - 5:00 PM | BUS 251 |

BUS217-ANamvar, Bob |
09/06/2016 | T | 12:15 PM - 1:45 PM | BUS 123 |

BUS217-BParsons, Dean E. |
09/06/2016 | M | 12:00 PM - 1:00 PM | BUS 203 |

BUS217-ANamvar, Bob |
01/11/2017 | T | 10:30 AM - 12:00 PM | BUS |

BUS217-BKeyes-Kimbirk, Wendy R |
01/11/2017 | M | 9:30 AM - 10:30 AM | BUS |

#### BUS218 Macroeconomics +

This course offers a common sense approach to economics, covering basic economic laws and how they apply to our world and everyday life. The course focuses on the overall economy and economic theories that offer explanations for its fluctuations and changes. Also, the course is designed to give the student a sufficient grounding in the terminology, basic concepts, and issues of economics to stimulate interest in further study and provide background in business. (3 units; Fall/Spring)

BUS218-BNamvar, Bob |
09/06/2016 | T | 10:30 AM - 12:00 PM | BUS 251 |

BUS218-ANamvar, Bob |
09/06/2016 | TR | 2:00 PM - 5:00 PM | BUS 251 |

BUS218-AKeyes-Kimbirk, Wendy R |
01/11/2017 | M | 8:15 AM - 9:15 AM | BUS 250 |

BUS218-BNamvar, Bob |
01/11/2017 | T | 12:15 PM - 1:45 PM | BUS |

BUS218-CKeyes-Kimbirk, Wendy R |
01/11/2017 | M | 1:15 PM - 2:15 PM | BUS |

#### CIS268 Computer Programming Languages +

In this course concepts of computer programming languages are presented. Attention is given to the common constructs of programming languages as well as a structured approach to program development. The programming language may change from semester to semester. (3 units; Spring)

CIS268-ACorso, Anthony J. |
01/11/2017 | M | 8:15 AM - 9:15 AM | BUS B113 |

#### 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-EHernandez, Lisa |
09/06/2016 | M | 9:30 AM - 10:15 AM | BUS 36A2 |

MAT245-DHernandez, Lisa |
09/06/2016 | M | 8:45 AM - 9:30 AM | BUS 36A2 |

MAT245-ACordero, Ricardo J. |
09/06/2016 | M | 7:00 AM - 7:45 AM | BUS 124 |

MAT245-BCordero, Ricardo J. |
09/06/2016 | M | 7:45 AM - 8:30 AM | BUS 124 |

MAT245-CCordero, Ricardo J. |
09/06/2016 | TR | 8:15 AM - 9:15 AM | BUS 123 |

MAT245-AThomas, Bradley G |
01/11/2017 | M | 7:00 AM - 7:45 AM | BUS |

MAT245-BThomas, Bradley G |
01/11/2017 | M | 7:45 AM - 8:30 AM | BUS |

MAT245-CThomas, Bradley G |
01/11/2017 | M | 8:45 AM - 9:30 AM | BUS |

MAT245-DThomas, Bradley G |
01/11/2017 | M | 9:30 AM - 10:15 AM | BUS |

#### 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-BThomas, Bradley G |
09/06/2016 | M | 9:30 AM - 10:15 AM | BUS 36A2 |

MAT255-AThomas, Bradley G |
09/06/2016 | M | 8:45 AM - 9:30 AM | BUS 36A2 |

MAT255-CThomas, Bradley G |
09/06/2016 | T | 9:30 AM - 10:30 AM | BUS 125 |

MAT255-DThomas, Bradley G |
09/06/2016 | T | 1:15 PM - 2:15 PM | BUS 36A2 |

MAT255-AWillett, Robert James |
01/11/2017 | M | 7:00 AM - 7:45 AM | BUS |

MAT255-BWillett, Robert James |
01/11/2017 | M | 7:45 AM - 8:30 AM | BUS |

MAT255-CSill, Michael R. |
01/11/2017 | M | 1:00 PM - 1:45 PM | BUS |

MAT255-DSill, Michael R. |
01/11/2017 | M | 1:00 PM - 1:45 PM | BUS |

#### 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-FLudwig, Shane Matthew |
09/06/2016 | T | 3:45 PM - 5:15 PM | BUS 104 |

STA144-EDenson, Tommie Hugh,, III |
09/06/2016 | M | 10:45 AM - 11:45 AM | BUS 126 |

STA144-IWood, Daniel A. |
09/06/2016 | T | 2:00 PM - 3:30 PM | BUS A016 |

STA144-DDenson, Tommie Hugh,, III |
09/06/2016 | M | 9:30 AM - 10:30 AM | BUS 126 |

STA144-CDenson, Tommie Hugh,, III |
09/06/2016 | M | 8:15 AM - 9:15 AM | BUS 126 |

STA144-ACarothers, Linn E. |
09/06/2016 | M | 12:00 PM - 1:00 PM | BUS 124 |

STA144-ACarothers, Linn E. |
01/11/2017 | M | 8:15 AM - 9:15 AM | BUS |

#### STA205 Applied Linear Regression +

This course represents a basic concepts and methodology course in regression analysis using application of general linear regression models to real-life situations. Case studies are used to give practice in diagnosing practical problems, deciding on appropriate models, and knowing which inferential technique will answer the researchers questions for the purposes of description and prediction. Regression models and model building typical of problems used in the social and behavioral sciences, the natural and health sciences, and many other disciplines are covered. Prerequisite: STA 144. (3 units; Spring even years)

STA205-ANoh, Heewon Esther_AKA:_Esther_L |
01/11/2017 | T | 8:45 AM - 10:15 AM | BUS |

#### 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)

#### STA211 Statistical Computing II +

A continuation of Statistical Computing I using comprehensive and widely available tools like SAGE, SPSS, SAS and R. Advanced techniques will be covered including (but not limited to) numerical linear algebra, optimization and nonlinear equations, the EM algorithm, Laplace approximations, quadrature methods, simulation methodology, sampling, Monte Carlo and bootstrap methods. Prerequisites; STA 210, MAT 255 and 303. (3 units; Spring even years)

## Upper Division Requirements

#### BUS303 Business Finance +

This course provides an introduction to the principles of financial management. It includes an overview of financial management, financial analysis and control, capital investment decisions, raising funds and cost of capital, sources of long-term funds and cash management principles. Prerequisite: ACC 250 or 350 and CIS 270. (3 units; Fall/Spring)

BUS303-CHarrison, Adele L. |
09/06/2016 | T | 12:15 PM - 1:45 PM | BUS 106 |

BUS303-BHarrison, Adele L. |
09/06/2016 | T | 2:00 PM - 3:30 PM | BUS 106 |

BUS303-AHarrison, Adele L. |
09/06/2016 | M | 10:45 AM - 11:45 AM | BUS ONLN |

BUS303-ADonaldson, Darla R. |
01/11/2017 | M | 10:45 AM - 11:45 AM | BUS 209 |

#### MAT303 Linear Alg w/Appl to Diff Equtns +

This course is designed to teach students some of the basic computational skills of Linear Algebra in the context of Differential Equations. Students will learn to use the basic operations of matrices, study systems of linear equations and find the determinant, eigenvalues and eigenvectors of a matrix. The student will apply these tools in the qualitative study of solutions to systems of Differential Equations. Prerequisite: MAT245. (3 units; Fall)

MAT303-ASill, Michael R. |
09/06/2016 | M | 9:30 AM - 10:30 AM | BUS 36A1 |

#### 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-CSill, Michael R. |
09/06/2016 | T | 3:45 PM - 4:45 PM | BUS 126 |

MAT343-APankowski, Franciszek |
09/06/2016 | M | 7:00 AM - 7:45 AM | BUS 124 |

MAT343-BPankowski, Franciszek |
09/06/2016 | M | 7:45 AM - 8:30 AM | BUS 124 |

MAT343-APankowski, Franciszek |
01/11/2017 | M | 7:45 AM - 8:30 AM | BUS |

#### 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-ANielsen, Michelle N. |
09/06/2016 | M | 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-ANoh, Heewon Esther_AKA:_Esther_L |
09/06/2016 | T | 10:30 AM - 12:00 PM | BUS 263 |

#### STA311 Mathematical Statistics II +

Second semester course in a systematic development of the theories of probability and statistics. Topics include analysis of categorical data, multivariate distributions, nonparametric inference, linear models and analysis of variance. As time permits, the theory underlying Markov chain, Monte Carlo, quasi-likelihood, empirical likelihood, statistical functionals, generalized estimating equations, the jackknife, and the bootstrap are addressed. Prerequisites: MAT 303, 343, and STA 310. (3 units; Spring odd years)

STA311-ANoh, Heewon Esther_AKA:_Esther_L |
01/11/2017 | M | 12:00 PM - 1:00 PM | BUS |

#### STA320 Financial Mathematics I +

An introduction to the fundamental concepts of financial mathematics including basic interest theory. These concepts will be applied in calculating present and accumulated values for various streams of cash flows as a basis for future use in: reserving, valuation, pricing, asset/liability management, investment income, capital budgeting, and valuing contingent cash flow. Prerequisite: MAT245 and STA144 (3 units; Fall Even)

STA320-ANielsen, Michelle N. |
09/06/2016 | M | 10:45 AM - 11:45 AM | BUS 103 |

#### STA321 Financial Mathematics II +

A continuation of the fundamental concepts of financial mathematics including the basics of financial economics and an introduction to financial instruments, including derivatives, and the concept of no-arbitrage as it relates to financial mathematics. Prerequisite: STA320 (3 Units; Spring Odd)

STA321-ANielsen, Michelle N. |
01/11/2017 | M | 1:15 PM - 2:15 PM | BUS |

#### STA470 Seminar in Financial Mathematics +

An overview of topics from financial mathematics including interest theory and financial economics. May be repeated one time for credit. Prerequisite: STA 321. (2 Units; Fall)

#### 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-ANielsen, Michelle N. |
01/11/2017 | M | 2:30 PM - 3:30 PM | BUS |