Course Work

M.S. Mathematics with concentration in Actuarial Science, degree requirements

• 24 credits, including requirements listed below
• Two qualifying examinations (offered each August); may be waived by passing two SOA exams

Required Courses:
(SOA exam connection, VEE credit), # of UConn credits, F usually Fall, S usually Spring)

Any four of:

• Math 5620 Financial Math I (theory of interest, exam FM) -3 F S
• Math 5621 Financial Math II (theory of corporate finance, exams FM & MFE, corp. fin. VEE) -4 F S
• Math 5660 Advanced Financial Math (stochastic finance, exams MFE & C) -3 S
• Math 5630 Actuarial Math I (exam MLC) -4 F
• Math 5631 Actuarial Math II (exam MLC) -4 S
• Math 5633 Survival Models (exams MLC & C) -3 not offered in recent years
• Math 5637 Risk Theory (SOA exam C, CAS exam 3) -3 F
• Math 5640 Advanced Topics in Actuarial Math I (model construction, exam C) -3 F
• Math 5641 Advanced Topics in Actuarial Math II (credibility theory, exam C) -3 S

Elective Courses: select additional courses from the required list, and/or select from the following:

• Math 3170 Elementary Stochastic Processes (exam C) -3 S
• Stat 3965 Elementary Stochastic Processes -3 F (equivalent to Math 3170)
• Math 3610 Probability Problems (focused exam P prep) -1 F S
• Math 3615 Financial Math Problems (focused exam FM prep) -1 F S
• Math 5335 Simulation (exam C) -3 S
• Math 5800 sec. 5 Financial Math Practitioners' Forum -1 F (may be repeated for credit)
• Math 5800 sec. 31 Yield Curve Models -1 S (may be repeated for credit)
• Math 5850 Graduate Field Study Internship -3 F S Summer
• Grad 5925 Curricular Practical Training -3 F S Summer (international students on CPT)
• • (Math 5850 and Grad 5925 may be repeated for credit, but not repeated toward degree requirements)
• Math 5110 Introduction to Modern Analysis -3 F
• Math 5111 Measure and Integration -3 S
• Math 5160 Probability and Stochastic Processes I -3 F
• Math 5161 Probability and Stochastic Processes II -3 S
• Acct 5121 Financial Accounting and Reporting -3 F S (strongly encouraged, but not required)
• Fnce 5202 Investments and Securities Analysis -3 F
• Fnce 5504 Options and Futures -3 S (usually Hartford campus)
• Fnce 5512 Fixed Income Instruments -3 F (usually Hartford campus)
• Fnce 5151 Introduction to Economic Markets -3 F S
• Stat 5361 Statistical Computing (large financial models) -3 S
• Stat 5585 Mathematical Statistics I -3 F
• Stat 5685 Mathematical Statistics II -3 S
• Stat 5505 Applied Statistics I -3 F
• Stat 5605 Applied Statistics II -3 S
• Stat 5315 or 3115 Analysis of Experiments (regression analysis VEE) -3 F
• Stat 5825 or 4825 Applied Time Series (time series VEE) -3 S
• Econ 5201 Microeconomics (microeconomics VEE) -3 F S
• Econ 5202 Macroeconomics (macroeconomics VEE) -3 F S

Courses offering VEE credit with the SOA
but not eligible to include in the M.S. degree requirement of 24 credits:

• Econ 1200 Principles of Economics-Intensive (micro- and macro-economics VEE) - 4 F S
• Econ 1201 or Econ 2201 (microeconomics VEE) -3 F S
• Econ 1202 or Econ 2202 (macroeconomics VEE) -3 F

Actuarial Exams
In order to graduate with a master's degree, two of the mathematics department's preliminary Ph.d qualifying examinations must be passed (administered each year in August). Alternatively, passing grades on two exams of the Society of Actuaries or the Casualty Actuarial Society provide a waiver to the department qualifying examinations.