Actuarial Science Certificate

Actuarial work has been consistently considered as one of the best jobs because of its high demand, great job security, nice salary, and on-the-job training provided by employers.

This certificate program will provide guidance for actuarial study at UNCW, and ensure comprehensive training in economics, finance, mathematics and statistics. It features two courses preparing students for exam P and exam FM. Students are expected to take both of the exams, and qualify for all the Validation of Educational Experience (VEE) requirements for the associate of actuaries. The student’s transcript will list the certificate along with other degrees earned.

Registration

The Certificate in Actuarial Science appears in UNCW’s catalogue as a certificate degree option. Students may log in to UNCW SeaPort, and add the certificate program through “Major declaration/Curricular updates”.

Requirements

Admission Requirements:

In order to be admitted to the program, students must achieve a minimum grade of ‘C-’ for each of the following courses:

MAT 161 - Calculus with Analytical Geometry I Credit Hours: 4
MAT 162 - Calculus with Analytical Geometry II Credit Hours: 4
STT 215 - Introduction to Statistics Credit Hours: 3 or
BAN 280 - Statistical Analysis for Business and Economics Credit Hours: 3

Program Requirements: A total of 21-22 credit hours.

Core courses:

A total of 12 credit hours:

STT 315 - Probability and Statistics Credit Hours: 3
MAT 381 - Introduction to Financial Mathematics Credit Hours: 3
MAT 468 - Probability Models with Actuarial Applications Credit Hours: 3
STT 412 - Applied Regression and Correlation Credit Hours: 3 or
ECN 377 - Introduction to Econometrics and Data Analytics Credit Hours: 3

Electives:

A total of 9-10 credit hours from the following courses. Students are required to complete at least one of the following three course sequences.

ACG 201 - Financial Accounting Credit Hours: 3
ACGL 201 - Financial Accounting Lab Credit Hours: 1
ACG 203 - Managerial Accounting Credit Hours: 3
ECN 221 - Principles of Economics-Micro Credit Hours: 3
ECN 222 - Principles of Economics-Macro Credit Hours: 3
FIN 335 - Principles of Financial Management Credit Hours: 3
FIN 336 - Intermediate Corporate Finance Credit Hours: 3

Additional Information:

Students must maintain an overall 3.0 GPA or above to be in the program, and are expected to take Exams P and FM before the conclusion of the program.