Actuarial Science degree overview

Bachelor of Arts in Mathematics: Actuarial Science Concentration

As a student of this online math degree program, you will develop strong skills in logic and critical thinking; gain a mastery of calculus, algebra, geometry, statistics and computer programming; and learn how mathematics is a critical tool for technological advancement and practical problem-solving in a complex natural and social world.

In addition to your required courses, you can choose a concentration in actuarial science, which is math and statistics applied to assess risk in the insurance and finance industries.

Online Mathematics Program Courses Include:

  • Abstract Algebra
  • Calculus I-III
  • Differential Equations
  • Discrete Mathematics
  • Introduction to Real Analysis
  • Linear Algebra
  • Mathematical Statistics I & II
  • Numerical Methods
You’ll also complete an integrative seminar in mathematics, which will guide you in the development of an integrative project that demonstrates achievement of learning outcomes in the mathematics major. Download a program overview for a complete curriculum and course descriptions.

Mathematics Career Possibilities:

Mathematics consistently ranks near the top in job satisfaction surveys and can lead to a variety of careers in mathematics, including teaching, computer science, business, investments and research. Other occupations that require extensive knowledge of mathematics or, in some cases, a degree in mathematics include statisticians, computer programmers and computer software engineers. A strong background in mathematics also facilitates employment as teachers, economists, physicists and astronomers.

Discover the Benefits of Ottawa University
  • Generous credit transfer policy – up to 80 credit hours
  • Rich, established history – For almost 150 years, Ottawa University has educated students for lifetimes of enlightened faith, exemplary service, inspired leadership and personal growth and significance
  • Life-friendly online learning options – At Ottawa University, we’re committed to your professional growth and development – no matter where you are in life. That’s why we offer life-friendly degree programs for working adults
  • A supportive learning environment – As an online student at Ottawa University, you will collaborate with and draw upon the expertise and support of faculty members and ministry professionals who are dedicated to your success
For more information on our online math degree program, contact us today.
For detailed curriculum and more please visit the University Catalog entry for this program.

Actuarial Science Concentration Courses

A concentration consists of a minimum of four courses, of which at least 12 semester credits must be upper division. See the course catalog for more information regarding concentrations.
As a Mathematics Major, the following Actuarial Science concentration courses are required:

Mathematics Major Courses

Discrete Mathematics | MAT 20043
Discrete Mathematics is an introductory course into mathematical structures that are primarily discrete as opposed to continuous. Such topics to be covered include logic, relations, basic set theory, graph theory, languages, and finite state machines.

Calculus I | MAT 21044
Studies basic notions of a derivative and integral with basic techniques and applications to elementary functions. Emphasis on intuitive understanding and theorem application. Includes computer laboratory component.

Calculus II | MAT 21144
Study of integration techniques of infinite series and applications of derivatives and integrals to a wide variety of geometric, physical and behavioral problems. Includes computer laboratory component.

Linear Algebra | MAT 22043
Introduces algebra and geometry of vectors, matrices and linear transformations. Designed for all students using simultaneous equations and matrices. Also introduces reading and writing rigorous mathematical proofs.

Transition to Higher Mathematics | MAT 30243
Emphasizes the enhancement of the student’s ability to write and comprehend mathematical proof. The course takes a rigorous look at standard methods of proof and their validity.

Calculus III | MAT 31044
Extension of study of differentiation and integration to vector function and functions of several variables.
Emphasis on intuitive understanding of concepts and on applications. Includes computer laboratory

Probability | MAT 31143
Axioms and theorems of elementary probability, random variables, probability distributions, expectation, mean, variance, moment generating functions of probability distributions, multivariate distributions, and the central limit theorem. Designed to prepare student to take actuarial exam in probability and statistics. Intended for mathematics majors.

Inferential Statistics | MAT 32044
Mathematical Statistics II is the second half of a solid undergraduate treatment of statistical theory. Emphasis is placed on inferential statistics. Topics to be covered include survey sampling, descriptive statistics, parameter estimation, hypothesis testing, two-sample issues, analysis of variance, and analysis of categorical data.

Differential Equations | MAT 33043
Topics include various techniques for finding solutions of differential equations in one variable, general characteristics of solutions of first and second-order equations, boundary value problems, series solution techniques, and systems of linear equations. Studies historical development of the subject and applications to problems in sciences.

Abstract Algebra | MAT 42143
Study of elementary number theory, groups, rings, and fields. Includes induction, fundamental theorem of arithmetic, congruence relations, isomorphism theorems, and quotient structures. Culminates with survey of Galois Theory. 

Numerical Methods | MAT 43443
Introduces numerical techniques and algorithms fundamental to scientific computer work including discussion of error, roots of equations, interpolation, systems of equations, numerical integration and methods of solution of ordinary differential equations.

Introduction to Real Analysis | MAT 45143
Study of real number system and its application to limit concept. Includes proofs of basic theorems on derivatives, integrals and continuity. Emphasis on rigor.

Integrative Seminar in Mathematics | MAT 49201
Capstone course that guides student in development of an integrative project that demonstrates achievement of learning outcomes in the mathematics major.

For detailed curriculum and more please visit the Course Catalog entryfor this program.

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