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Bachelor of Science in
Actuarial and Mathematical Sciences

Program of Study

Coursework focuses on key areas like computer science, statistics, accounting and economics, giving you the knowledge and confidence to pass the National Actuarial Examinations. Excelling in these exams is essential to securing employment in the actuary field.

Combined major and minor sequence (64 credits)

Mathematics Courses (37 credits)

  • Calculus I or Algebra and Calculus II
  • Calculus II
  • Calculus of Several Variables
  • Linear Algebra
  • Introduction to Proofs and corequisite Information Literacy in Mathematics and Statistics
  • Theory of Interest
  • Probability for Statistics
  • Statistics
  • Life Contingencies I
  • Applied Stochastic Processes
  • Applied Statistics

Computer Science Courses (6 credits)

  • Introduction to Computer Science
  • Data Processing Principles
  • Scientific Computing
  • Object Oriented Programming for Data Processing Applications
  • Data Structures

Business Courses (6 credits)

  • Financial Accounting
  • Financial Management

Economics Courses (15 credits)

  • Principles of Economics I: Microeconomics
  • Principles of Economics II: Macroeconomics
  • Intermediate Microeconomics
  • Intermediate Macroeconomics
  • Financial Economics

Honors Program

A student may be admitted formally to the Department’s honors program in actuarial science at any time after the sophomore year. However, any student who is interested in the program should see the Director of the Actuarial Science Program as early as possible for informal advisement concerning the honors thesis.

Accelerated Undergraduate/Graduate Option

You can save time and money by beginning your graduate degree coursework while still enrolled as an undergraduate student. Up to 12 academic credits, billed at the undergraduate rate, will count towards both degrees – so you’ll complete your combined program in only 5 years and spend less than you would if you completed each program separately. 

Combine your Actuarial and Mathematical Sciences degree with the MS in Information Science program. This ALA-accredited master's program covers a broad range of interdisciplinary topics related to library science, information processing, information management and data analysis.

UAlbany graduate at Commencement
Career Outcomes

With a Bachelor of Science in Actuarial and Mathematical Sciences you will be prepared to work in the actuarial industry or a closely related field such as health insurance, life insurance, property insurance, pension and retirement benefits, and enterprise risk.

Potential job titles include:

  • Insurance underwriter
  • Budget analyst
  • Auditor
  • Statistician
  • Financial advisor
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Student Learning Objectives

Learning objectives that UAlbany students are expected to attain through their course of study within their academic program.

Bachelor of Science
  • Construct proofs using techniques from logic such as proof by contradiction and/or specific techniques such as the principle of induction.
  • Analyze and check correctness of mathematical arguments, and read mathematical text independently.
  • Apply an advanced abstract mathematical idea to a concrete real-world problem (e.g., application of differential equations, or linear programming, or RSA or error correction codes).
  • Write effectively using language appropriate for mathematical discourse.
  • Use calculus to analyze and evaluate properties of real valued functions.
  • Use mathematics, statistics, and probability principles for the analysis and quantification of risk of uncertain future events and their potential financial impact.

What Makes The University at Albany Great

Student move-in day.

Living-Learning Communities

Live and take classes with other incoming freshmen who share your personal interests, passions or intended academic major.

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Study Abroad

Become a global citizen: international experience is crucial to success in business, education, research, and public policy.

A student conducting undergraduate research.

Undergraduate Research

Research, scholarship, and creative activities at the University at Albany is an option for all students, across all academic disciplines. You will be able to learn more about a specific academic field or career path all while building a long-lasting mentoring relationship with a faculty member or principal investigator.

Explore Minors

Build competency in a passion or strengthen your resume.

A minor consists of 18–24 graduation credits which must include a minimum of 9 graduation credits of advanced coursework at or above the 300 level. Most undergraduate degrees require completing a minor and it has to have a different title from your major.

Full List of Minors
  • Acting
  • Africana Studies
  • Anthropology
  • Art
  • Art History
  • Atmospheric Science
  • Bioethics
  • Biology
  • Broadcast Meteorology
  • Business
  • Chemistry
  • Chinese Studies
  • Cognitive Science
  • Communication (Fully Online Option)
  • Computer Science
  • Creative Writing
  • Criminal Justice Studies (Fully Online Option)
  • Cybersecurity (Fully Online Option)
  • Documentary Studies
  • East Asian Studies
  • Economics
  • Educational Studies
  • Electrical and Computer Engineering
  • Electronics
  • Film Studies
  • Emergency Preparedness, Homeland Security and Cybersecurity (Fully Online Option)
  • English
  • Forensic Science
  • French
  • Game Design and Development
  • Geographic Information Science
  • Geography
  • Globalization Studies
  • Hebrew
  • History (Fully Online Option)
  • Informatics (Fully Online Option)
  • Instrumental Performance
  • International Studies
  • Italian
  • Japanese Studies
  • Journalism (Fully Online Option)
  • Judaic Studies
  • Korean Studies
  • Latin American and Caribbean Studies
  • Law and Philosophy
  • Leadership
  • Legal Studies
  • LGBTQ Studies
  • Library and Information Science
  • Linguistics
  • Machine Learning
  • Mathematics
  • Medical Anthropology
  • Music
  • Musical Performance
  • Musical Theatre
  • Philosophy
  • Physics
  • Political Science
  • Portuguese
  • Pre-Education
  • Psychology (Fully Online Option)
  • Public Health
  • Public Policy
  • Religious Studies
  • Russian
  • Russian and Eastern European Studies
  • Social Welfare Studies
  • Sociology (Fully Online Option)
  • Spanish
  • Statistics
  • Sustainability
  • Theatre
  • Theatrical Design/Technology
  • Urban Studies and Planning
  • U.S. Latino Studies
  • Vocal Performance
  • Women's, Gender and Sexuality Studies