Bachelor of Science (B.S.) in Financial Technology with a Concentration in Actuarial Science

The Bachelor of Science in Financial Technology offers concentrations in actuarial science and financial engineering. The program provides quantitatively oriented students the opportunity to apply mathematical, statistical and programming tools to the financial, risk management and actuarial disciplines. Designed to meet the growing need for quantitative modeling and analysis in finance, risk management and actuarial science, the program is technical and interdisciplinary in nature. The curriculum emphasizes courses in finance, statistics and mathematics with supporting courses in related areas. The actuarial science concentration provides excellent preparation for the basic professional examinations and continued study in actuarial science. Students who complete this concentration also may find employment in areas such as quantitative applications in corporate and public financial policy, actuarial modeling and forecasting, reserves computation and rate making, and computer and information systems in the financial services and risk management industries. Learning goals To support career advancement over time by giving our students the academic foundation in information systems needed for continued professional development. To help students develop the professional skills that will be needed by the businesses and organizations that hire our graduates. To help our students develop ethical awareness so that they are able to deal with an ethical dilemma in the workplace Learning outcomes Upon completing this program, students will know and know how to do the following: Graduates will be able to understand the role of information systems and information technology in the organization, especially as a source of information. Graduates will be able to understand the value of, and be able to use, financial/accounting data to make decisions at both strategic and operating levels within the context of their discipline-specific knowledge. Graduates will be able to communicate effectively both orally and in writing. Graduates will be able to understand the importance to themselves, their organization and the larger community of working effectively in teams. Graduates will be able to use the appropriate quantitative/statistical analysis and reasoning to make business decisions. Graduates will be able to demonstrate an ability to respond appropriately to ethical dilemmas in business. From a scenario (i.e., what is good for some consumers might not be good for society as a whole), the student will be required to identify both sides of the dilemma, state what action they would recommend and incorporate the marketing concept and the American Marketing Association Code of Ethics in developing their recommendation. This program is to provide cutting-edge quantitative skills with mathematical, statistical and programming tools. Graduates will be able to explain and use terminology identified with risk management, demonstrate competence in the use of risk modeling and prepare corporate risk management plans. Graduates will be able to apply mathematical, statistical and programming tools to finance, risk management and actuarial disciplines. In recognition of the growing demand for communication of complex financial information, graduates will be able to clearly articulate financial analysis information in writing and in presentations. Graduates will be able to estimate Value at Risk-VaR (financial/operational) for a business situation and recommend optimal hedging strategies.