Aerial view of campus with Williamsport, the Susquehanna River and Bald Eagle Mountain as a backdrop

Actuarial Science

Assistant Professor: M. Smith (Coordinator)

  • Major: Actuarial Science (B.S. Degree)
  • Courses required for major: 15  (not including zero or 1 credit courses)
  • Math prerequisite (not counted in major): MATH 127
  • Non-credit Colloquium: Two semesters
  • Capstone requirement: One course from MATH 440, 441, or 442.

The Actuarial Science major is designed to offer course work within a liberal arts framework to prepare
for a career in actuarial science. Students completing this major should be prepared to sit for at least
two, and have passed at least one of the examinations of the Society of Actuaries by the time of
graduation. Students also obtain some background in accounting, economics, and business which
is needed for a career in actuarial science.

Major Requirements

The Actuarial Science major consists of 15 courses: ACCT 110; CPTR 125; ECON 110 and 111; MATH 128,
129, 130, 234, 238, 325, 332, 333, 434, 441; and MATH 214 or ECON 340. 

Students are required to pass either Actuarial Exam P or Actuarial Exam FM prior to graduation and are
expected to enroll in non-credit colloquium (MATH 449) for two semesters.

The Society of Actuaries gives VEE (Validation by Educational Experience) credit for a grade of at least
B- in coursework in the areas of Economics, Applied Statistical Methods, and Corporate Finance. A
grade of at least B- in both ECON 110 and 111 is necessary for credit in the area of Economics.
Information about credit in the areas of Applied Statistical Methods and Corporate Finance can be
obtained from the coordinator for the actuarial science major.

Capstone Requirement

All majors must successfully pass either Actuarial Exam P or Actuarial Exam FM.