Actuarial
Science Required Classes
| MATH 131 Calculus 1 |
| MATH 232 Calculus 2 |
| MATH 233 Calculus 3 |
| MATH 322 Discrete Mathematics |
| MATH 332 Linear Algebra |
| MATH 425 Theory of Interest |
| MATH 426 Actuarial Science I |
| MATH 427 Actuarial Science II |
| MATH 432 Linear Algebra II |
| MATH 441 Probability and Stats. I |
| MATH 442 Probability and Stats. II |
| MATH 445 Applied Probability |
| CS 101 Intro to Programming |
| ECON 202 Micro-economics |
| ECON 203 Macro-economics |
| STAT 402 Regression Analysis |
| STAT 416 Time Series Analysis |
| ACCT 221 Accounting Principles |
| FIN 320 Corp. Risk Management |
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| MATH 131. Calculus and Analytic Geometry
(5). Fall, Spring, Summer. Differential and integral calculus including
applications. The MATH 131-232-233 sequence is a traditional calculus
course for well-prepared students and is prerequisite for all advanced
mathematics and statistics courses. Prerequisites: (1) two years of
high school algebra, one year of geometry, one-half year of trigonometry,
ACT math score of 24 or higher and satisfactory score on department
placement test; or (2) grade of C or higher in MATH 128, MATH 129
or MATH 130. |
| MATH 232. Calculus and
Analytic Geometry II (5). Fall, Spring, Summer. MATH 131 continued.
Calculus of transcendental functions, techniques of integration, plane
analytic geometry, sequences, and series. Prerequisite: grade of C
or higher in MATH 131. |
| MATH 233. Calculus and Analytic Geometry
III (3). Fall, Spring. MATH 232 continued. Vectors and vector-valued
functions, analytic geometry in space, partial derivatives, multiple
integrals, applications. Prerequisite: grade of C or higher in MATH
232. |
| MATH 322. Discrete Mathematics (3).
Fall, Spring, Summer. Sets, functions, relations, algorithms, induction,
elementary combinatorics, graph theory, the propositional calculus
and other topics. A student cannot receive credit for both MATH 222
and MATH 322. MATH 332 is recommended for majors or minors in mathematics.
Corequisite: MATH 232 or consent of instructor. |
| MATH 332. Elementary Linear
Algebra (3). Fall, Spring, Summer. Systems of linear equations, vectors,
matrices, determinants, linear transformations, vector spaces and
applications. Techniques and some proofs. Prerequisite: C or better
in MATH 232. |
| MATH 425. Theory of Interest
(3). Spring even years. General theories of interest, annuities, yield
rates, amortization schedules and sinking funds, bonds and other securities
and additional topics in financial analysis. Prerequisite: C or better
in MATH 232 or consent of instructor. |
| MATH 426. Actuarial Mathematics I (3).
Fall. Brief introduction to annuities, certain survival distributions
and life tables, life insurance, life annuities, net premiums, net
premium reserves. Intended to prepare students for actuarial examinations.
Prerequisite: C or better in MATH 441. |
| MATH 427. Actuarial Mathematics II
(3). Spring. Multiple life functions; multiple decrement models; valuation
theory for pension plans; insurance models including expenses, nonforfeiture
benefits and dividends. Prerequisite: C or better in MATH 426. |
| MATH 432. Linear Algebra with Applications
(3). Spring. Matrices and vector spaces, eigenvalues, orthogonal matrices,
positive definite matrices, quadratic forms. Applications to differential
equations, Markov chains, least squares. Prerequisite: C or better
in MATH 332 or consent of instructor. |
| MATH 441. Probability and Statistics
I (3). Fall. Axiomatic probability; conditional probability; random
variables/vectors; distribution functions; expectations; moment-generating
functions; special distributions; functions of random variables/vectors;
random sampling and sampling distributions; central limit theorem;
weak law of large numbers. Prerequisite or corequisite: MATH 233.
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| MATH 442. Probability and Statistics
II (3). Spring. Statistical models; point estimation; interval estimation;
testing statistical hypotheses; analysis of discrete data; nonparametric
methods. Prerequisite: C or better in MATH 441. |
| MATH 445. Applied Probability (3).
Fall even years. Probability models for applications, finite Markov
chains, queueing systems, Poisson process, applications to genetics,
diffusion, computer systems. Prerequisites: C or better in MATH 332
and MATH 441. |
| CS 101. Introduction to Programming(3).
Fall, Spring, Summer. Algorithms. Programming language features: expressions, assignments, functions with parameters, conditions, loops, arrays. Several programming assignments required. Does not apply to the computer science major or minor. Credit not allowed for both CS 101 and CS 261 . Prerequisite: two years of high school algebra or MATH 095 . Extra fee. |
| ECON 202. Principles of Microeconomics (3). Fall, Spring. Price and allocation of resources. Demand, supply; price theory; income distribution; market failure; current problems and public policy. Enhances students' ability to evaluate economic policy. Recommended before ECON 203. Prerequisite: high school algebra or equivalent. Applicable to the social sciences general education requirement. |
| ECON 203. Principles of Macroeconomics (3). Fall, Spring. National income and employment, inflation, banking system, monetary and fiscal policy; economic growth and development; international economics. Develops students' understanding of tradeoffs and enhances critical reasoning abilities. Prerequisite: ECON 202 or with consent of department. Applicable to the social sciences general education requirement. |
| STAT 402. Regression Analysis (3). Fall. Linear, nonlinear and multiple regression and correlation analysis. Prerequisite: MATH 441 or consent of instructor. |
| STAT 416. Time Series Analysis (3). Stochastic stationary and nonstationary models; use in forecasting seasonal and nonseasonal discrete time series; fitting models to time series data. Prerequisite: MATH 441 or consent of instructor. |
| ACCT 221. Accounting and Business Concepts I (3). Fall, Spring, Summer. Concepts and issues of organizational reporting are introduced within the context of financial and managerial accounting, systems, taxation and auditing, and are illustrated through the use of examples involving international and domestic businesses, non-profit and government organizations. The course is designed to enhance group dynamics, communications skills, use of electronic media and inquiries into ethics and values within the accounting environment. Prerequisite: sophomore standing or consent of the department. |
| FIN 320. Risk Management and Insurance Planning (3). Fall, Spring. Methods and alternatives for managing property, liability, and human resource risk exposures. Identifying risk exposures, legal aspects of insurance, life insurance needs analysis and policies, property and casualty insurance, medical and disability insurance, Social Security benefits, and employee benefits. Prerequisites: ECON 200 or ECON 202 or ECON 203 and STAT 211 or equivalent. |
| All course description came from the BGSU web page |
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