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Course Requirements

Course Requirements

The Master of Arts program in Actuarial Science requires 30-34 credit hours.

Degree Requirements:

Financial Mathematics, 3-4 hours
MATH 551 Mathematics of Finance (4)
Program advisor will approve 3-4 credit hours substitution in financial mathematics for students who have passed Exam FM.

MATH 552 Mathematics of Life Contingencies 1 (4)
MATH 553 Mathematics of Life Contingencies 2 (4)

Probability, 3-4 hours

MATH 620 Mathematical Theory of Statistics 1 (4)
Program advisor will approve 600-level 3-4 credit hour substitution in probability/statistics for students who have passed Exam P.

MATH 557 Actuarial Models 1 (4)
MATH 559 Models in Financial Economics (3)
MATH 692 Actuarial Science Exit Survey (0)

3-8 hours from
FIN 500 Corporation Finance (3)
MATH 528 Regression Time Series Models (3)
MATH 554 Mathematics of Investments (3)
MATH 558 Actuarial Models 2 (3)
MATH 621 Mathematical Theory of Statistics 2 (4)
MATH 625 Probability Theory and Applications (3)
MATH 626 Probability and Stochastic Processes (3)
MATH 627 General Linear Models with Applications (4)
MATH 628 Computational Methods in Statistics (4)
MATH 655 Topics in Actuarial Science (1-4)
MATH 658 Risk Theory (3)
RMI 570 Risk Management and Insurance (3)
More hours from this list will be required if courses are waived due to undergraduate or actuarial exam credit.

Research component, 3-6 hours from
MATH 659 Research in Actuarial Science (3)
THES 698 Thesis (1-6)

Related Links
Graduate Course Offering Schedule (PDF)


For course descriptions and prerequisites, please see the Mathematical Sciences section of the current Graduate Course Catalog.

Mathematical Sciences
Robert Bell Building (RB), room 465
Ball State University
Muncie, IN 47306

Hours: 8:00 a.m. - 5:00 p.m. Eastern Time, Monday-Friday (Summer Hours 7:30 a.m. - 4:00 p.m. Eastern Time, Monday - Friday)
Phone: 765-285-8640
Fax: 765-285-1721
View E-mail Address