Statistics, Actuarial Science, BS
Bachelor of Science in Statistics, Actuarial Science (347003BS)
More on the Statistics, Actuarial Science major
In addition to providing students with a solid background in Statistics, the Actuarial Science option prepares students for careers in the actuarial field.
The following information has official approval of The Department of Statistics and The Buchtel College of Arts & Sciences, but is intended only as a supplemental guide. Official degree requirements are established at the time of transfer and admission to the degree-granting college. Students should refer to the Degree Progress Report (DPR) which is definitive for graduation requirements. Completion of this degree within the identified time frame below is contingent upon many factors, including but not limited to: class availability, total number of required credits, work schedule, finances, family, course drops/withdrawals, successfully passing courses, prerequisites, among others. The transfer process is completed through an appointment with your academic advisor.
Three year accelerated option: for first time students who have earned credits for at least the first year of courses. Credits can be earned through qualifying scores on appropriate Advanced Placement (AP) exams or through College Credit Plus Program (CCP) courses. Credits for qualifying AP scores or CCP courses are determined by the appropriate academic department. Departments may assign varied course credit, depending on the student’s score on an AP exam or grade in a CCP course. Students may also receive credit by examination or via placement tests, where appropriate.
Requirements
Summary
| Code | Title | Hours |
|---|---|---|
| General Education Requirements | 34 | |
| College of Arts & Sciences Requirements | 14 | |
| Statistics Core | 36 | |
| Actuarial Science Requirement | 21 | |
| Statistics Elective | 3 | |
| Additional Credits for Graduation * | 12 | |
| Total Hours | 120 | |
| * | Bachelor's degrees require a minimum of 120 credit hours for graduation. |
Note: A 2.0 cumulative GPA in all statistics is required for graduation.
Note: 14 credits in the major must be completed at The University of Akron
General Education Courses
| Code | Title | Hours |
|---|---|---|
| Students pursuing a bachelor’s degree must complete the following General Education coursework. Diversity courses may also fulfill major or Breadth of Knowledge requirements. Integrated and Applied Learning courses may also fulfill requirements in the major. | ||
| Academic Foundations | 12 | |
Mathematics, Statistics and Logic: 3 credit hours | ||
Speaking: 3 credit hours | ||
Writing: 6 credit hours | ||
| Breadth of Knowledge | 22 | |
Arts/Humanities: 9 credit hours | ||
Natural Sciences: 7 credit hours | ||
Social Sciences: 6 credit hours | ||
| Diversity | ||
Domestic Diversity | ||
Global Diversity | ||
| Integrated and Applied Learning | ||
Select one class from one of the following subcategories: | ||
Complex Issues Facing Society | ||
Capstone | ||
Review the General Education Requirements page for detailed course listings. | ||
| Total Hours | 34 | |
College of Arts & Sciences Requirements
| Code | Title | Hours |
|---|---|---|
| Degree requirements in Arts & Sciences include the demonstration of ability to use another language by completion of the second year of a foreign language. | ||
| Foreign Language | 14 | |
101 Beginning I | ||
102 Beginning II | ||
201 Intermediate I | ||
202 Intermediate II | ||
| Survey of Deaf Culture in America (American Sign Language option only) | ||
| Students must also complete a minimum of 40 credits (excluding workshops) consisting of either: | ||
Upper-level (300/400) courses both in and outside of the student’s major; | ||
or other courses outside the major department approved by the student’s major department chair (permission should be obtained prior to enrollment); these may not include workshops | ||
Statistics Core
| Code | Title | Hours |
|---|---|---|
| MATH:221 | Analytic Geometry-Calculus I | 4 |
| MATH:222 | Analytic Geometry-Calculus II | 4 |
| MATH:223 | Analytic Geometry-Calculus III | 4 |
| CPSC:200 | Programming for Data Science 1 | 4 |
| or CPSC:209 | Computer Science I | |
| STAT:451 | Theoretical Statistics I | 3 |
| STAT:452 | Theoretical Statistics II | 3 |
| STAT:461 | Applied Statistics 2 | 4 |
| or STAT:261 & STAT:262 | Introductory Statistics I and Introductory Statistics II | |
| STAT:462 | Applied Regression and ANOVA | 4 |
| STAT:480 | Statistical Data Management | 3 |
| STAT:495 | Statistical Consulting 3 | 1-3 |
| Total Hours | 34-36 | |
| 1 | CPSC:200 is recommended for BS Statistics/Actuarial Science majors, unless the student plans to take Computer Science II. |
| 2 | Either STAT:250 or STAT:260 may be used in place of STAT:261. |
| 3 | Three credits of STAT:495 Statistical Consulting are required. It is recommended that students take two credits in one semester and one credit in another semester. |
Actuarial Science Requirements
| Code | Title | Hours |
|---|---|---|
| ECON:244 | Introduction to Economic Analysis | 3-6 |
| or ECON:200 & ECON:201 | Principles of Microeconomics and Principles of Macroeconomics | |
| STAT:471 | Introduction to Actuarial Science | 3 |
| STAT:472 | Actuarial Models | 3 |
| STAT:477 | Time Series Analysis | 3 |
| ACCT:201 | Accounting Principles I | 3 |
| FIN:301 | Principles of Finance | 3 |
| FIN:343 | Investments | 3 |
| or RMI:414 | Risk Managment: Property and Casualty | |
| or RMI:415 | Risk Management: Life and Health Insurance | |
| Total Hours | 21-24 | |
Statistics Elective
| Code | Title | Hours |
|---|---|---|
| Select three credits of 400 level Statistics electives: | 3 | |
STAT:4xx | ||
| The following courses do not satisfy this requirement: | ||
| Probability and Statistics for Engineers | ||
| Applied Statistics | ||
| Total Hours | 3 | |
Recommended Sequence
| 1st Year | ||
|---|---|---|
| Fall Semester | Hours | |
| MATH:221 | Analytic Geometry-Calculus I | 4 |
| ENGL:111 | English Composition I | 3 |
| Social Science Requirement | 3 | |
| Beginning Foreign Language I | 4 | |
| Hours | 14 | |
| Spring Semester | ||
| MATH:222 | Analytic Geometry-Calculus II | 4 |
| ENGL:112 | English Composition II | 3 |
| STAT:471 | Introduction to Actuarial Science | 3 |
| Beginning Foreign Language II | 4 | |
| Speech Requirement | 3 | |
| Hours | 17 | |
| 2nd Year | ||
| Fall Semester | ||
| MATH:223 | Analytic Geometry-Calculus III | 4 |
| STAT:461 | Applied Statistics | 4 |
| ECON:244 | Introduction to Economic Analysis | 3 |
| ACCT:201 | Accounting Principles I | 3 |
| Intermediate Foreign Language I | 3 | |
| Hours | 17 | |
| Spring Semester | ||
| STAT:462 | Applied Regression and ANOVA | 4 |
| Intermediate Foreign Language II | 3 | |
| Domestic Diversity Requirement | 3 | |
| CPSC:200 | Programming for Data Science | 4 |
| FIN:301 | Principles of Finance | 3 |
| Hours | 17 | |
| 3rd Year | ||
| Fall Semester | ||
| STAT:451 | Theoretical Statistics I | 3 |
| Arts/Humanities Requirement | 3 | |
| Natural Science Requirement | 3 | |
| STAT:480 | Statistical Data Management | 3 |
| RMI:414 | Risk Managment: Property and Casualty or Risk Management: Life and Health Insurance or Investments | 3 |
| Hours | 15 | |
| Spring Semester | ||
| STAT:452 | Theoretical Statistics II | 3 |
| STAT:477 or STAT:472 | Time Series Analysis or Actuarial Models | 3 |
| Arts/Humanities Requirement | 3 | |
| Global Diveristy Requirement | 3 | |
| General Elective | 3 | |
| Hours | 15 | |
| 4th Year | ||
| Fall Semester | ||
| STAT:495 | Statistical Consulting | 1-3 |
| Complex Issues Requirement | 3 | |
| Natural Science Requirement/Lab | 4 | |
| General Elective | 3 | |
| Hours | 11-13 | |
| Spring Semester | ||
| STAT:472 or STAT:477 | Actuarial Models or Time Series Analysis | 3 |
| STAT:495 | Statistical Consulting | 1-3 |
| General Elective | 3 | |
| Arts/Humanities Requirement | 3 | |
| Upper Level Statistics Elective | 3 | |
| Hours | 13-15 | |
| Total Hours | 119-123 | |