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Math

Bachelor of Science Mathematics Actuarial Science

Degree Overview | Required Courses | Contact | Career Information

DEGREE OVERVIEW

Engage in creative and critical thinking, while applying calculus, statistics and probability. Let CWU help you prepare for one of the top-ranked jobs in America!

An actuary uses specialized mathematical skills from probability and statistics to define, analyze, and solve financial and social problems. Actuaries create and manage insurance programs that reduce the adverse financial impact of both expected and unexpected things that happen to people, such as illnesses, accidents, and death. In addition, actuaries design pension programs, making sure there are sufficient resources to pay retirement and death benefits while also charging participants in the insurance or retirement plan a fair price.

The Bachelor of Science in Actuarial Science listed below is designed to prepare a student in both the mathematics and business areas necessary for success in the rigorous but rewarding actuarial profession.

Our Program

  • Ranked as an advanced undergraduate program by the Society of Actuaries
  • Advanced actuarial courses taught by three fulltime tenured faculty members with PhDs
  • Central's Actuarial Science Program is the only major program offered in the State of Washington and one of very few on the US West Coast.
  • Degree Outcome

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REQUIRED COURSES

    ACCT 251 - Financial Accounting Credits: (5)
    CS 110 - Programming Fundamentals I Credits: (4)
    CS 367 - Advanced Visual Basic Programming Credits: (4)
    ECON 201 - Principles of Economics Micro Credits: (5)
    ECON 202 - Principles of Economics Macro Credits: (5)
    FIN 370 - Introductory Financial Management Credits: (5)
    FIN 475 - Investments Credits: (5)
    MATH 172 - Calculus I Credits: (5)
    MATH 173 - Calculus II Credits: (5)
    MATH 265 - Linear Algebra I Credits: (4)
    MATH 272 - Multivariable Calculus I Credits: (5)
    MATH 273 - Multivariable Calculus II Credits: (5)
    MATH 311 - Statistical Concepts and Methods Credits: (5)
    MATH 410A - Advanced Statistical Methods I Credits: (3)
    MATH 410B - Advanced Statistical Methods II Credits: (3)
    MATH 411A - Probability Theory Credits: (4)
    MATH 411B - Mathematical Statistics I Credits: (3)
    MATH 411C - Mathematical Statistics II Credits: (3)
    MATH 414 - Time Series Analysis Credits: (3)
    MATH 418A - Financial Mathematics I Credits: (3)
    MATH 418B - Financial Mathematics II Credits: (3)
    MATH 418C - Financial Mathematics III Credits: (3)
    MATH 440 - Mathematical Theory of Financial Economics Credits: (5)

Select one of the following sequences - Credits: 9

Loss Models

OR

Actuarial Mathematics

MATH 417A - Loss Models I Credits: (3)
MATH 417B - Loss Models II Credits: (3)
MATH 417C - Loss Models III Credits: (3)
MATH 419A - Actuarial Mathematics I Credits: (3)
MATH 419B - Actuarial Mathematics II Credits: (3)
MATH 419C - Actuarial Mathematics III Credits: (3)

Total Credits: 104  

Recommended Courses
IT258 - Spreadsheet Applications Credits: (3)
IT260 - Integrated Information Technology Application Projects Credits: (5)
IT359 - Advanced Spreadsheet Applications Credits: (3)
IT469 - Enterprise Database Systems: SQL Credits: (3)
ECON 401 - Intermediate Microeconomic Analysis Credits: (5)
ECON 402 - Intermediate Macroeconomic Analysis Credits: (5)

(visit course catalog) | CWU Actuarial Science Student Study Plan (pdf)

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CONTACT

Dr. Yvonne Chueh > chueh@cwu.edu | 509/963.2124

Dr. Cen-Tsong Lin > ctl@cwu.edu | 509/963.2842

Dr. Kathryn Temple > templek@cwu.edu | 509/963.1389

Math Department >

Brenda Bland
BlandB@cwu.edu
509/963.2103
F 509/963.3226

The Mathematics Department is located in Bouillon Hall.

 


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CAREER INFORMATION

Links

Be an Actuary > www.beanactuary.org

Actuarial Major Interview > http://www.valuepenguin.com/central-washington-university-actuarial-science-graham-and-vicky-dyer

Society of Actuaries > www.soa.org

Casualty Actuarial Society > www.casact.org

American Academy of Actuaries > www.actuary.org

International Actuarial Association > http://www.actuaries.org/

Professor Webpages

Dr. Yvonne Chueh> www.cwu.edu/~chueh/

Dr. Cen-Tsong Lin > http://www.cwu.edu/~ctl/

 

Degree Outcome

Graduates will be able to:

  • use statistical methods to analyze and model time-independent and time-series data.
  • use statistical methods and credibility theory to analyze and model insurance loss data.
  • formulate actuarial problems in mathematical, probabilistic and statistical terms.
  • apply common probability distributions to actuarial applications.
  • apply concepts of differential and integral calculus to actuarial problems.
  • employ simulation techniques to analyze and solve dynamic and complex stochastic and mathematical models.
  • use programming languages such as C++, S, or Visual Basic.
  • communicate results and solutions of mathematical, statistical, and actuarial problems in writing using every day and mathematical language.
  • communicate mathematical and statistical solutions orally, using both every day and mathematical language.

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