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2010–2012 Undergraduate Catalog

Bachelor of Business Administration Degree in Actuarial Science

Actuarial Science is a discipline that uses mathematical and statistical models to solve problems in insurance and finance. Students will take courses in mathematics, statistics, economics, and finance as part of the degree program. There is an increasing need for trained actuaries in the insurance industry. The Bachelor of Business Administration (B.B.A.) in Actuarial Science provides students the opportunity to acquire the quantitative and business skills to prepare them for a career as an actuary. The minimum number of semester credit hours for the B.B.A. degree in Actuarial Science is 121, at least 39 of which must be at the upper-division level.

All candidates seeking this degree must fulfill the Core Curriculum requirements, the Common Body of Knowledge requirements, and the degree requirements, which are listed below.

Core Curriculum requirements: Students seeking the Bachelor of Business Administration degree in Actuarial Science must fulfill University Core Curriculum requirements. Some of the courses listed in the table below satisfy both degree requirements and Core Curriculum requirements; however, if these courses are taken to satisfy both requirements, then students may need to take additional courses in order to meet the minimum number of semester credit hours required for the degree. For a complete listing of courses that satisfy the Core Curriculum requirements see pages 5-9 of this catalog.

Common Body of Knowledge (CBK)

All students seeking a B.B.A. degree in the College of Business must complete the following Common Body of Knowledge (CBK) courses in addition to the Core Curriculum.

In addition to the Core Curriculum requirements and requirements from the College of Business Common Body of Knowledge (CBK), all candidates for the degree must complete the following degree requirements.

Degree Requirements

1. 20 semester credit hours of required Mathematics and Statistics courses:
   
   MAT  1224  Calculus II
   MAT  2214  Calculus III
   STA  3513  Probability and Statistics
   STA  3523  Mathematical Statistics
   STA  4713  Applied Regression Analysis
   STA  4753  Time-Series Analysis
   
   
2. 9 semester credit hours from the following courses:
   
   FIN  4523  Introduction to Risk Management
   FIN  4813  Property-Liability Insurance Finance
   FIN  4823  Life and Health Insurance Finance
   STA  4643  Introduction to Stochastic Processes

Course Sequence Guide for B.B.A. Degree in Actuarial Science

This course sequence guide is designed to assist students in completing their UTSA undergraduate business degree requirements. This is merely a guide and students must satisfy other requirements of this catalog and meet with advisors in the College of Business Undergraduate Advising Center for individualized degree plans. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students may choose to take courses during Summer terms to reduce course loads during long semesters.

* Beginning math course will be determined by Math Placement Test scores.
** ECO 2013 and ECO 2023 may be taken in either sequence.

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