Actuarial Science, Comprehensive Major

 Actuarial Science, Comprehensive Major, B.S. 

The following is a sample degree plan, based on the current catalog. It is based on the 120-credit graduation requirement and assumes no transferred credits, no requirements waived by placement tests, no courses taken in the summer or winter, no repeated courses, and no remedial courses that may be required. This sample degree plan is intended for first-year students entering UW-Eau Claire in the fall semester. Your own degree plan may differ depending on the course of study selected (second major, minor, etc.). UW-Eau Claire cannot guarantee all courses will be offered as shown, but will provide a range of courses that may enable prepared students to fulfill their requirements in a timely period. This sample degree plan is just a guide. Please consult your advisor, your degree audit, and the catalog to create your own degree plan. Note: In order to earn the required minimum of 120 credits for the degree in four years, you should plan to take 15 credits each semester or 30 credits each year.

To earn a degree, students must fulfill all University Graduation Requirements, including the Liberal Education (LE) Core.  LE Core course work in the following sample degree plan uses abbreviations such as LE-K1, LE-S2, LE-R3, and LE-I1 to represent the learning outcomes students will meet via completion of their liberal education course work.  Please click here for a description of the Liberal Education Core outcomes and requirements. Note that the LE Core may be completed through both course and non-course experiences.

Students in this major have the option to pursue either a Bachelor of Arts (B.A.) or a Bachelor of Science (B.S.) degree.  The degrees are distinguished by second language competency for the B.A. and a higher level of mathematics competency for the B.S.

FIRST YEAR
FIRST SEMESTER
MATH 114Calculus I (LE-S2)4
MATH 150Introduction to the Actuarial Career1
SECOND SEMESTER
MATH 215Calculus II4
SOMETIME IN THE FIRST YEAR
WRIT 114Intensive Blugold Seminar in Critical Reading and Writing (LE-S1)5
or WRIT 116 Blugold Seminar in Critical Reading and Writing
ECON 103Principles of Microeconomics (LE-K2)3
ECON 104Principles of Macroeconomics (LE-K2)3
DS 140Basics of Data Analysis with R h2
or DS 150 Computing in Python: Fundamentals and Procedural Programming
Elective b3-6
Elective b3-6
TOTAL FIRST YEAR32-33
SECOND YEAR
FIRST SEMESTER
MATH 216Calculus III4
MATH 346Introduction to Probability e4
DS 140Basics of Data Analysis with R (if not taken during first year)2
SECOND SEMESTER
MATH 347Mathematical Statistics a4
MATH 350Introduction to Financial Mathematics a4
SOMETIME IN THE SECOND YEAR
ACCT 201Introduction to Accounting3
IS 240Information Systems in Business3
Elective b3-6
Elective b3-6
TOTAL SECOND YEAR32-35
SOME TIME IN THE FIRST OR SECOND YEAR
LE Option: Knowledge 3 (LE-K3) Humanities, LE Option: Responsibility 1 (LE-R1) Equity, Diversity, and Inclusivity3
LE Option: Knowledge 4 (LE-K4) Fine Arts3
LE Option: Integration (LE-I1)3
Elective b3
LE Option: Knowledge 1 (LE-K1L) Natural Sciences3
Bus. Comm Course (LE-S1) c3
LE Option: Responsibility 1 (LE-R1, DDIV) Equity, Diversity, and Inclusivity with Design for Diversity, LE Option: Knowledge 3 (LE-K3) Humanities3
LE Option: Skills 1 (LE-S1) Written and Oral Communication d2
THIRD YEAR
FIRST SEMESTER - Apply for Admission to Major
MATH 450Foundations of Actuarial Science e4
MATH 475Actuarial Foundations of Short-Term Coverages e4
FIN 320Principles of Finance3
SECOND SEMESTER
MATH 312Differential Equations and Linear Algebra g4
MATH 460Contingent Payment Analysis a, i4
SOME TIME IN THE THIRD YEAR
LE Option: Integration (LE-I1)3
LE Option: Responsibility 3 (LE-R3) Civic and Environmental Issues3
Elective b3
LE Option: Knowledge 1 (LE-K1L) Natural Sciences with Lab4
LE Option: Responsibility 2 (LE-R2) Global Perspectives3
LE Option: Skills 3 (LE-S3) Creativity3
TOTAL THIRD YEAR33
FOURTH YEAR
FIRST SEMESTER
MATH 441Linear Regression Analysis, with Time Series f4
SECOND SEMESTER
MATH 442Advanced Statistical Modeling a, i4
SOME TIME IN THE FOURTH YEAR
Elective b4
Elective b3
Elective b3
Elective b3
TOTAL FOURTH YEAR29

Minimum total for the baccalaureate degree = 120 credits 

a

Spring Only

b

It is highly recommended that you use electives to complete a certificate or a minor.  Recommended certificates are Information Systems (IS), Advanced Business Communication, or Computer Programmer.

Recommended courses for IS Certificate:  IS 240, IS 310, IS 307IS 304 (12 credits). 

Advanced Business Communication Certificate requires 12 credits from BCOM, to be selected from the following: BCOM 206, BCOM 207, BCOM 306, BCOM 307, BCOM 309,BCOM 310BCOM 401BCOM 405, BCOM 490, BCOM 491, BCOM 495, BCOM 499. 

Computer Programmer Certificate requires 15 credits:  CS: CS 140, CS 150, CS 163 (or DS 150), CS 255. 

c

One of BCOM 206, Business Writing or BCOM 207, Business Presentations is required. It is highly recommended that you take both. 

d

It is highly recommended that you take both BCOM 206, Business Writing, and BCOM 207, Business Presentations. 

e

Fall Only

f

One of MATH 441, Regression and Time Series Analysis, or ECON 316, Econometrics, is required.

g

One of MATH 312, Differential Equations and Linear Algebra, or MATH 324, Linear Algebra, is required.

h

DS 140 is a prerequisite to MATH 347, MATH 441, and MATH 442.

i

One of MATH 460, Contingent Payment Analysis, or MATH 442, Advanced Statistical Modeling, is required. 

Application to Major
Entry Requirements:  To be admitted to this program students must: 

  1. Complete at least 15 credits of courses required for the major with a GPA in those courses of at least 3.0. 

  2. Complete MATH 346 and MATH 350 with a grade of B- or better, or earn a passing grade on the corresponding actuarial professional exam(s).

Note:  All students must complete the Community-Engaged Learning Requirement via a non-credit or credit option (see University Graduation Requirements).

RECOMMENDATIONS FOR HIGH IMPACT PRACTICES (HIPs) 
The University of Wisconsin-Eau Claire encourages all students to participate in High Impact Practices.  The following information identifies any specific recommendations that faculty in this major have concerning which HIPs might be most beneficial to students, and any recommendations about when those HIPs best fit into the degree plan. Students should also consult their faculty advisor for information on HIPs. There are many additional high impact opportunities available. Talk to your academic advisor for more information about incorporating HIPs like Study Abroad, Intercultural Immersion, Internship, and/or Student/Faculty Collaborative Research into your time at UW-Eau Claire.

It is recommended that Actuarial Science students participate in one or more summer internships. Participating in the Career Conference in fall semester starting in the first year is highly recommended. Study Abroad is also an available opportunity but should be completed very early in your college career.

Liberal Education (LE) Core Guidance

Liberal Education Core (LE Core) 

The LE Core comprises 17 learning experiences across 11 learning outcomes. Students must complete a minimum of 36 credits in courses approved for the LE Core. 

  • K1 – Natural Sciences; two experiences (one lab science experience is required in K1 or K2). 

  • K2 – Social Sciences; two experiences (one lab science experience is required in K1 or K2). 

  • K3 – Humanities; two experiences. 

  • K4 – Fine Arts; one experience. 

  • S1 – Written and Oral Communication; two experiences (one experience must satisfy the University writing requirement). 

  • S2 – Mathematics; one experience (must satisfy the University math competency requirement). 

  • S3 – Creativity; one experience (can be fulfilled in a student’s major). 

  • R1 – Equity, Diversity, and Inclusivity; two experiences (one experience must meet the UW System Design for Diversity (DD) requirement). 

  • R2 – Global Perspectives; one experience. 

  • R3 – Civic and Environmental Issues; one experience. 

  • I1 – Integration; two experiences (one experience can be fulfilled in a student’s major). 

  • CEL—Community Engaged Learning

Additional LE Core Information 

  • Most LE Core learning experiences are course based, and many courses meet more than one learning outcome (e.g., K3 and R2 or K1 and R3). 

  • Some learning experiences can also be met outside of a traditional course (e.g., undergraduate research (S3), study abroad (I1)). 

  • S1 – An English placement score that fulfills the University writing requirement fulfills one S1 experience. 

  • S1 – A world language placement score that qualifies the student to enter the 102 level satisfies one S1 experience. 

  • S1, R2 – A world language placement score that qualifies the student to enter the 202 level satisfies one experience in S1 and the R2 experience. 

  • S2 – A math placement score that qualifies the student to enter Math 111, 112, 113 or 114 fulfills the S2 experience. 

  • S3 – Completion of two credits from any approved music ensemble fulfills the S3 experience. 

  • I1 – Any semester long study abroad program can fulfill one I1 experience.