Actuarial Science
General
This program is not currently accepting students.
Program Title
Actuarial Science
Degree Designation
CERT
Award Type
Certificates
Program Level
Undergraduate
Instruction Mode
On Campus
Program Description
This undergraduate certificate will allow students intending to become actuaries to be eligible to receive Validation by Educational Experience (VEE) credit from the Society of Actuaries (SOA). The requirements of the certificate match the minimum requirements of the SOA to receive VEE credit.
Department/Unit(s)
College/School
College of Science and Engineering
Status
Active
Program Learning Outcomes
Outcome
Describe the nature of economics in dealing with the issue of scarcity, including the concept of opportunity cost.
Outcome
Perform supply and demand analysis to analyze the impact of economic events and government policies on market prices and output.
Outcome
Analyze the forces that affect the aggregate level of economic activity and the business cycles using the AD-AS model.
Outcome
Recognize how monetary and fiscal policy may be used to achieve policy goals.
Outcome
Evaluate the determinants of international trade and financial flows, as well as the benefits and costs of trade barriers.
Outcome
Evaluate the determinants of international trade and financial flows, as well as the benefits and costs of trade barriers.
Outcome
Evaluate and understand the term structure of interest rates.
Outcome
Describe the characteristics of stocks & bonds and calculate the value of different investment instruments such as perpetuity, annuity, stocks, and bonds by applying the time-value-of-money concept.
Outcome
Describe the relationship between risk and return and the benefits of diversification, and calculate and analyze the different measures of risk.
Outcome
Compute a company's cost of capital/debt/equity and evaluate a project using capital budgeting decision rules.
Outcome
Select appropriate regression or times series models in different situations.
Outcome
Use statistical software to analyze data using regression and time series models.
Outcome
Interpret analysis results and deliver findings with a written report.
Degree Maps
Major Code
8207
Program Code
342082016