Bachelor of Science
Actuarial and Mathematical Sciences
Assess Risk and Solve Financial Problems
Learn how to analyze probabilities, risks and potential outcomes. You will master mathematical theory and apply your knowledge to solve financial problems as an actuary. UAlbany's bachelor’s in actuarial and mathematical sciences program will prepare you for a career in areas including insurance, pension, finance, government and business.
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.
See the Undergraduate Bulletin for program and actuary exam details.
For more information, contact Steven Plotnick at 518-442-4615 or splotnick@albany.edu.
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
What Makes The University at Albany Great
Live and take classes with other incoming freshmen who share your personal interests, passions or intended academic major.
Become a global citizen: international experience is crucial to success in business, education, research, and public policy.
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
- Computer Science
- Creative Writing
- Criminal Justice Studies
- Documentary Studies
- Economics
- Educational Studies
- Electronics
- Emergency Preparedness, Homeland Security and Cybersecurity
- English
- Film Studies
- Financial Market Regulation
- Forensic Science
- French
- Geographic Information Science
- Geography
- Globalization Studies
- Hebrew
- History
- Informatics
- International Studies
- Italian
- Japanese Studies
- Journalism
- Judaic Studies
- Korean Studies
- Latin American and Caribbean Studies
- Law and Philosophy
- Leadership
- Legal Studies
- LGBTQ Studies
- Library and Information Science
- Linguistics
- Mathematics
- Medical Anthropology
- Medieval and Renaissance Studies
- Music
- Musical Theatre
- Neuroscience
- Organizational Studies
- Philosophy
- Physics
- Political Science
- Portuguese
- Pre-Education
- Psychology
- Public Health
- Public Policy
- Religious Studies
- Russian
- Russian and Eastern European Studies
- Social Welfare Studies
- Sociology
- Spanish
- Statistics
- Sustainability
- Theatre
- Theatrical Design/Technology
- Urban Studies and Planning
- U.S. Latino Studies
- Women's, Gender and Sexuality Studies