School of Natural Sciences and Mathematics
Actuarial Science (B.S.)
The Actuarial Science program at UT Dallas is administered through the Department of Mathematics.
Students receive a rigorous mathematical background including all the major courses taken by students majoring in mathematics or statistics. Further, ten courses devoted to finance, economics, applied statistics, insurance and actuarial science are required. Upon completion of this program, a student will have the knowledge and business background necessary to pursue a career as an actuary, as well as to undertake graduate study in actuarial science, statistics, mathematics, economics or finance.
Bachelor of Science in Actuarial Science
Degree Requirements (120 semester credit hours)
I. Core Curriculum Requirements1: 42 semester credit hours
Communication (6 semester credit hours)
Social and Behavioral Sciences (15 semester credit hours)
Humanities and Fine Arts (6 semester credit hours)
Mathematics and Quantitative Reasoning (6 semester credit hours)
Science with at least 1 semester credit hour of laboratory (9 semester credit hours)
II. Major Requirements5: 66 semester credit hours
Major Preparatory Courses (21 semester credit hours)
Major Core Courses (45 semester credit hours)
III. Elective Requirements: 12 semester credit hours
Both lower- and upper-division courses may count as electives, but the student must complete at least 51 semester credit hours of upper-division credit to qualify for graduation. Students must choose two of the following courses:
All students are required to take at least six semester credit hours of advanced electives outside their major field of study. These must be either upper-division classes or lower-division classes that have prerequisites.
Preparation for Actuarial Exams
Exam 3: Financial Economics part: ACTS 4302
Exam 4: ACTS 4304
Validation by Educational Experience (VEE) Credits
Corporate Finance: FIN 3320
Minor in Actuarial Science
The Minor in Actuarial Science program at UT Dallas is administered through the Department of Mathematical Sciences. It is ideal for students who are interested in broadening their experience and knowledge base in the study and analysis of principles of Actuarial Science. The minor core courses prepare students for a number of actuarial exams required for a designation of Associate of the Society of Actuaries, Casualty Actuarial Society, or Canadian Institute of Actuaries. Specifically, the minor provides students with an intense background in principles of actuarial models. All of the courses in the minor serve as starting points for learning the concepts covered on the preliminary actuarial exams (P/1, FM/2, MLC/3L).
Students not majoring in Actuarial Science may obtain a minor in Actuarial Science by satisfying 24 semester credit hours (9 semester credit hours of minor core courses and 15 semester credit hours of minor preparatory courses).
Minor Preparatory Courses (15 semester credit hours)7
Minor Core Courses (9 semester credit hours)8
- Curriculum Requirements can be fulfilled by other approved courses from accredited institutions of higher education. The courses listed in parenthesis are recommended as the most efficient way to satisfy both Core Curriculum and Major Requirements at UT Dallas.
- Students may choose one of the following calculus sequences: (a) MATH 2413, MATH 2414, and MATH 2415; or (b) MATH 2417 and MATH 2419.
- Students may choose a Physics sequence instead of Chemistry: PHYS 2325/2125 Mechanics with Laboratory or PHYS 2421/2125 Honors Physics I - Mechanics and Heat with Laboratory.
- Students may choose a Physics sequence instead of Chemistry: PHYS 2326/2126 Electromagnetism and Waves with Laboratory or PHYS 2422/2126 Honors Physics II - Electromagnetism and Waves with Laboratory.
- A required Major course that also fulfills Core Curriculum requirements. If semester credit hours are counted in the Core Curriculum, students must complete additional coursework to meet the minimum requirement for graduation. Course selection assistance is available from the undergraduate advisor.
- Indicates a prerequisite class to be completed before enrolling for upper-division classes.
- Students whose major does not require MATH 2417 and MATH 2419 as part of their Mathematics and Quantitative Reasoning Core Curriculum Requirements, should take this sequence as their core curriculum courses to ensure efficiency toward the minor.
- These classes prepare for the three preliminary actuarial examinations jointly administered by the Society of Actuaries (SOA), Casualty Actuarial Society (CAS) and the Canadian Institute of Actuaries (CIA).