College of Sciences and Humanities
Department of Mathematical Sciences
www.kent.edu/math

About This Program

The Bachelor of Science in Actuarial Mathematics program provides a strong foundation in mathematics and statistics, along with specialized coursework in actuarial science to prepare you for a successful career in this growing field. You will learn from experienced faculty, gain hands-on experience through internships and research projects and have opportunities to network with professionals in the industry. Read more...

Contact Information

• Darci Kracht | dkracht@kent.edu |
  330-672-9093
• Speak with an Advisor
• Chat with an Admissions Counselor

Program Delivery

• Delivery:
  • In person
• Location:
  • Kent Campus

Examples of Possible Careers and Salaries*

^{* Source of occupation titles and labor data comes from the U.S. Bureau of Labor Statistics' Occupational Outlook Handbook. Data comprises projected percent change in employment over the next 10 years; nation-wide employment numbers; and the yearly median wage at which half of the workers in the occupation earned more than that amount and half earned less.}

Admission Requirements

The university affirmatively strives to provide educational opportunities and access to students with varied backgrounds, those with special talents and adult students.

First-Year Students on the Kent Campus: First-year admission policy on the Kent Campus is selective. Admission decisions are based upon cumulative grade point average, strength of high school college preparatory curriculum and grade trends. Students not admissible to the Kent Campus may be administratively referred to one of the seven regional campuses to begin their college coursework. For more information, visit the admissions website for first-year students.

First-Year Students on the Regional Campuses: First-year admission to Kent State’s campuses at Ashtabula, East Liverpool, Geauga, Salem, Stark, Trumbull and Tuscarawas, as well as the Twinsburg Academic Center, is open to anyone with a high school diploma or its equivalent. For more information on admissions, contact the Regional Campuses admissions offices.

International Students: All international students must provide proof of proficiency of the English language (unless they meet specific exceptions) through the submission of an English language proficiency test score or by completing English language classes at Kent State’s English as a Second Language Center before entering their program. For more information, visit the admissions website for international students.

Former Students: Former Kent State students who have not attended another institution since Kent State and were not academically dismissed will complete the re-enrollment process through the Financial, Billing and Enrollment Center. Former students who attended another college or university since leaving Kent State must apply for admissions as a transfer or post-undergraduate student.

Transfer Students: Students who attended an educational institution after graduating from high school or earning their GED must apply as transfer students. For more information, visit the admissions website for transfer students.

Admission policies for undergraduate students may be found in the University Catalog's Academic Policies.

Students may be required to meet certain criteria to progress in their program. Any progression requirements will be listed on the program's Coursework tab

Program Requirements

Major Requirements

¹

Students who earn a minimum B- grade in ACCT 23020, ECON 22060, ECON 22061 and FIN 36053 will fulfill the Validation by Educational Experience (VEE) requirements jointly sponsored by the Society of Actuaries, Casualty Actuarial Society and Canadian Institute of Actuaries.

²

A minimum C grade must be earned to fulfill the writing-intensive requirement.

³

A course may only count for one requirement even though it may appear in more than one course list.

⁴

If students complete the American Civic Literacy requirement by taking HIST 12061, the course will apply to the Kent Core Humanities category. If they complete it with POL 10101, the course will apply to the Kent Core Social Sciences category.

Graduation Requirements

Foreign Language College Requirement, B.S.

• Students pursuing the Bachelor of Science degree in the College of Sciences and Humanities must complete 8 credit hours of foreign language.¹ 
• The following programs are exempt from this requirement: The Bachelor of Science in Cybercriminology and the Bachelor of Science in Medical Laboratory Science.²
• Minimum Elementary I and II of the same language

¹

All students with prior foreign language experience should take the foreign language placement test to determine the appropriate level at which to start. Some students may start beyond the Elementary I level and will complete the requirement with fewer credit hours and courses. This may be accomplished by (1) passing a course beyond Elementary I through Intermediate II level; (2) receiving credit through one of the alternative credit programs offered by Kent State University; or (3) demonstrating language proficiency comparable to Elementary II of a foreign language. When students complete the requirement with fewer than 8 credit hours and two courses, they will complete remaining credit hours with general electives.

²

The Bachelor of Science in Medical Laboratory Science exemption exists under another college policy (Three-Plus-One Programs). The Bachelor of Science in Cybercriminology exemption is due to its extensive collaboration with and contribution from the Information Technology program in the College of Applied and Technical Studies, which does not have a foreign language requirement.

Roadmap

This roadmap is a recommended semester-by-semester plan of study for this program. Students will work with their advisor to develop a sequence based on their academic goals and history. Courses designated as critical (!) must be completed in the semester listed to ensure a timely graduation.

University Requirements

All students in a bachelor's degree program at Kent State University must complete the following university requirements for graduation.

NOTE: University requirements may be fulfilled in this program by specific course requirements. Please see Program Requirements for details.

Kent Core Requirements

Program Learning Outcomes

Graduates of this program will be able to:

1. Reason mathematically by using precise definitions, articulating assumptions and reasoning logically to conclusions.
2. Engage effectively in problem solving by exploring examples, assessing the correctness of solutions and interpreting solutions in an actuarial context.
3. Define, interpret and apply standard actuarial notation, terminology and formulas.
4. Analyze various streams of cash flows, both certain and contingent.
5. Apply methods from probability, statistics and stochastic processes to the solution of problems in actuarial science, finance and economics.
6. Communicate solutions of mathematical problems clearly, both orally and in writing.
7. Employ commonly used computer programming languages and software packages to solve problems in actuarial science, finance and economics.
8. Demonstrate fundamental knowledge of finance, economics and accounting.

Program Policies

Foreign Language Requirements

In general, students may elect any foreign language taught through the Department of Modern and Classical Language Studies. However, certain majors, concentrations and minors require specific languages or limit the languages from which students may choose. In addition, students who plan to pursue graduate study may need particular languages for that study. In such cases, students should seek the advice of the appropriate department before selecting a language.

Progress Toward Fulfillment

College of Sciences and Humanities students are encouraged to begin meeting the foreign language requirement as early as possible in their program to ensure timely degree completion.

Mandatory Outcomes Assessment

In addition to the other General Requirements of the college, candidates for an undergraduate degree in the College of Sciences and Humanities are required, as a condition of graduation, to participate in an outcomes assessment. These outcomes assessments are conducted by each undergraduate degree program in the College of Sciences and Humanities.

Full Description

The Bachelor of Science degree in Actuarial Mathematics prepares students for the actuarial profession. Actuaries are professionals who manage risk. They predict the likelihood of future events and model the financial impact of future scenarios. They find creative ways to mitigate the undesirable effects of future events. Although most actuaries are employed in the insurance and financial industries, many others work in the transportation, environmental, medical and manufacturing industries, as well as in government.

The Actuarial Mathematics major is highly interdisciplinary, integrating substantial coursework in business, computing and communications with a solid core of mathematics and statistics. Kent State University is one of only four institutions in Ohio to receive the "Universities and Colleges with Actuarial Programs-Advanced Curriculum" designation from the Society of Actuaries. The Kent State program prepares students for the first four of a series of examinations to receive professional certification as an actuary.

Students may apply early to the Master of Arts in Economics degree and double count 9 credit hours of graduate courses toward both degree programs. See the Combined Bachelor's/Master's Degree Program Policy in the University Catalog for more information.