Bachelor of Science in Mathematical Economics - Actuarial Track

The major in Mathematical Economics requires a core of 18 hours in economics, 15 hours in mathematics, and 1 hour of an interdisciplinary senior seminar course. The concentration in actuarial science requires an additional 3 hours in economics, 9 hours in mathematics, 12 hours in finance, and 3-4 hours in computer science. This major leads to a Bachelor of Science degree intended for students interested in graduate studies in economics, public policy, or business, as well as those students seeking a career as an actuary or analytical careers in economics that will require extensive mathematics backgrounds. All majors must complete a 34-hour core consisting of ECON 202, 203, 206 (or STAT 301), 302, 303, 465; MATH 136, 137, 237, 307; and ECON 497 or MATH 497. Additionally, majors must choose a concentration in either General Mathematical Economics or Actuarial Science. Majors in the General Mathematical Economics concentration must complete ECON 306 or 307, and ECON 464. Additionally, either MATH 331 or 310 must be completed, and students must take three additional hours from either MATH 331, 310, 305, 382, 435, or 405. The remaining 3 hours in economics for completion may be selected from other 300-and 400-level economics courses. Majors in the Actuarial Science concentration must complete ECON 307; MATH 310, 382, and 482; FIN 330, 337, 350, and 437; and CS 170 or 180. Admission to the mathematical economics major 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 enroll in an interdisciplinary senior seminar course prior to graduation (ECON 497 or MATH 497, 1 hour).