Bachelor of Science in Mathematical Economics - Actuarial Science Track
Jan-2000Starting Month
Programme overview
Main Subject
Accounting and Finance
Degree
Other
Study Level
Undergraduate
The Mathematical Economics with the Actuarial Science Track seeks to prepare students for careers as actuaries. Actuaries use a combination of strong analytical skills, business knowledge, and an understanding of human behavior to manage risk. Risk is the chance that an undesirable event that brings harm will occur, but risk can also involve opportunity for benefit. Risk can be found in many areas within today's complex society, including insurance, banking, rating bureaus, fraternal organizations, and more. To become an actuary, you must pass a series of exams to earn actuarial designation by either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). It can take many years to pass all of the exams. With the track in actuarial science as part of a mathematical economics major, you will take courses that provide you the best chance of success on the first two actuarial exams. In addition, you can apply to receive Validation by Educational Experience (VEE) credit from either the CAS or SOA in the areas of Applied Statistics, Economics, and Corporate Finance, obtained through approved course sequences. The major in Mathematical Economics with the Actuarial Science Track requires 61 hours in mathematics, economics, and finance courses and leads to a Bachelor of Science degree. Admission into the program requires (1) the completion of MATH 136, ECON 202 and 203, and ECON 206 or STAT 301 with a minimum GPA of 2.0 in the courses listed; and (2) completion of a minimum of 60 hours with a minimum GPA of 2.0 overall; and (3) completion of a minimum of 12 hours at Western Kentucky University with a minimum WKU GPA of 2.0. All mathematical economics majors will be required to participate in an assessment process through their senior seminar class prior to graduation (ECON 497 or MATH 497, I hour). Mathematical Economics is a joint program from the Department of Economics in the Gordon Ford College of Business and the Mathematics Division of the Department of Mathematics and Computer Science in the Ogden College of Science and Engineering
Programme overview
Main Subject
Accounting and Finance
Degree
Other
Study Level
Undergraduate
The Mathematical Economics with the Actuarial Science Track seeks to prepare students for careers as actuaries. Actuaries use a combination of strong analytical skills, business knowledge, and an understanding of human behavior to manage risk. Risk is the chance that an undesirable event that brings harm will occur, but risk can also involve opportunity for benefit. Risk can be found in many areas within today's complex society, including insurance, banking, rating bureaus, fraternal organizations, and more. To become an actuary, you must pass a series of exams to earn actuarial designation by either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). It can take many years to pass all of the exams. With the track in actuarial science as part of a mathematical economics major, you will take courses that provide you the best chance of success on the first two actuarial exams. In addition, you can apply to receive Validation by Educational Experience (VEE) credit from either the CAS or SOA in the areas of Applied Statistics, Economics, and Corporate Finance, obtained through approved course sequences. The major in Mathematical Economics with the Actuarial Science Track requires 61 hours in mathematics, economics, and finance courses and leads to a Bachelor of Science degree. Admission into the program requires (1) the completion of MATH 136, ECON 202 and 203, and ECON 206 or STAT 301 with a minimum GPA of 2.0 in the courses listed; and (2) completion of a minimum of 60 hours with a minimum GPA of 2.0 overall; and (3) completion of a minimum of 12 hours at Western Kentucky University with a minimum WKU GPA of 2.0. All mathematical economics majors will be required to participate in an assessment process through their senior seminar class prior to graduation (ECON 497 or MATH 497, I hour). Mathematical Economics is a joint program from the Department of Economics in the Gordon Ford College of Business and the Mathematics Division of the Department of Mathematics and Computer Science in the Ogden College of Science and Engineering
Admission Requirements
6+
Applicants must have a cumulative 2.50 GPA. Other English Language Requirements: TOEFL score of 525 on Paper-based test. Students can also prove English proficiency by completing ESLI or ELS Level 109.
Jan-2000
Tuition fees
Domestic
0 USD
International
0 USD
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