Program Description:

 

The Professional Master’s in Applied Mathematics (Actuarial Science) Program, or PMAM, is intended primarily students who would like to pursue an actuarial career, as well as, have a very good foundation for the professional actuarial examinations.

 

Qualification:

 

Aside from the general requirements for admission set forth by the College of Science, applicants of PMAM must have a bachelor’s degree with at least 6 units of calculus, a probability and statistics course, an interest theory course, and at least 3 units of life contingencies course.

 

Program Requirement:

 

Students admitted into PMAM must complete 34 units of course work, including a project paper and a one-unit graduate seminar. Students should also pass the preliminary and comprehensive examinations prior to graduation. The preliminary examination is a written examination covering Math 260, Math 261, Math 262.1, Math 262.2 and a third area. The comprehensive examination is an oral examination which is administered once the preliminary examination is passed.

 

Disqualification from the Program:

 

A student is disqualified from the program if either (1) the student did not pass any of the courses in a particular semester; (2) the student did not achieve a GWA of at least 2.0 during the academic year; or (3) the student did not pass the preliminary examination or comprehensive examination twice.

 

Program of Study:

FIRST YEAR

First Semester Second Semester
Math 203 Matrices and Applications Math 261 Loss and Survival Models
Math 260 Actuarial Theory and Practice Math 271.1 Numerical Analysis
Elective

SECOND YEAR

First Semester Second Semester
Math 262.1 Actuarial Science I Math 262.2 Actuarial Science II
Elective (Actuarial Course) Math 295
Elective Elective

THIRD YEAR

Math 296 N/A
Preliminary & Qualifying Examinations

(for illustration purposes)

Note: Requirements and Guidelines for the PMAM program are patterned from those in the Masters of Science

Programs under a non-thesis option.