2021-2022 Academic Catalog 
    
    Nov 21, 2024  
2021-2022 Academic Catalog [Archived Catalog]

Actuarial Science, B.S. to M.S. (Early Access)


All Maryville University Actuarial Science students in good standing are eligible for early access to the graduate program in Actuarial Science. This unique option enables the Maryville undergraduate majoring in actuarial science to complete the master’s program in just one additional year. In this accelerated option, four courses (12 credits) taken during the senior year, as part of the undergraduate curriculum, also count toward the master’s degree. Students continue with 24 credits in the fifth year of study to complete the requirements of the master’s degree. Students with 75 undergraduate credits, at least 20 at Maryville University, and GPA 3.25 can apply the early Accelerated Master’s Option. No GRE or TOEFL is required for Maryville students entering the accelerated master’s program.

Students in the Master in Actuarial Science program are also required to pass two Society of Actuary exams to fullfill their degree requirements.

Courses for the Master in Actuarial Science program can be located here.  

General Education Requirements


(48 credits)

Humanites


(5 courses)

  • Fine Arts elective
  • Literature or Foreign Language elective
  • Philosophy elective
  • Two Humanities electives

Social Science


(3 courses)

  • History or Political Science elective
  • Two Social Science electives from different subject areas

Natural Science


(1 course)

  • Science elective

General Education Required for Major


(2 courses)

Recommended Business Courses


(6 credits - VEE)

SOA Exam and VEE


As of 2018, the Society of Actuaries has revised its examination structure. Detailed information regarding this redesign can be obtained from the website of the Society of Actuaries.

One of the requirements for Associate of Society of Actuaries (ASA) must be met through taking approved course VEE (Validated by Education Experience Subjects). Maryville University, as one of the Society of Actuaries’ pilot group, offers courses which have been approved by VEE Administration Committee to fulfill the requirements of topics in Accounting and Finance, Economics, and Mathematical Statistics.

 
SOA EXAM
Course Number and Title
  VEE Economics
  ECON 203  -  Principles of Economics  
  VEE Accounting and Finance
  ACCT 210 Financial Accounting  
  ACSC 416  / ACSC 516 Corporate Finance I  
  VEE Mathematical Statistics
  MATH 372  / MATH 572 Mathematical Statistics  


The Maryville Actuarial Science curriculum is designed to coordinate with the seven actuarial exams sponsored by the Society of Actuaries. See the following table for the specific courses in the major and how they relate to the professional exams.

 

  SOA EXAM
  Course Number and Title
  FM  Financial Mathematics
  ACSC 414  / ACSC 514 Theory of Interest  
  ACSC 415  / ACSC 515 Financial Mathematics  
  ACSC 495  / ACSC 595 Actuarial Seminar II  
  P  Probability
 MATH 370  / MATH 570 Probability I  
  MATH 371  / MATH 571 Probability II  
  ACSC 394  / ACSC 594 Actuarial Seminar I  
  IFM  Investment & Financial Markets
  ACSC 411  / ACSC 611 Derivative Markets  
 ACSC 416  / ACSC 516  -  Corporate Finance I  
  LTAM  Long-Term Actuarial Mathematics
  ACSC 421  / ACSC 521 Actuarial Modeling I  
  ACSC 422  / ACSC 522 Actuarial Modeling II  
  STAM  Short-Term Actuarial Mathematics
  ACSC 407  / ACSC 607 Loss Models  
  SRM  Statistics for Risk Modeling
  MATH 405  /  
  PA  Predictive Analytics
  DSCI 412  /   

Graduation Requirements


  • 128 credit hours minimum (last 30 hours in residency)
  • A minimum half the major credit hours in residency
  • A minimum half the minor credit hours in residency
  • ​60 credit hours must be completed at a 4-year institution