The actuarial science track is for students who want to pursue a career as an actuary, a professional who manages and measures risk and uncertainty.

Sacred Heart University is one of the few schools in the state recognized by the Society of Actuaries in the UCAP-IC list (Universities and Colleges of Actuarial Programs). In this math major track, you will prepare for your first three actuarial exams.

Learn more about actuarial science from the Society of Actuaries.

Required Courses

Explores limits and approximation, differential and integral calculus of the elementary algebraic and transcendental functions, and applications of differentiation and integration.
Prerequisite: Minimum grade of C in MA-140 or placement by Dpt

Covers applications and methods of integration, inverse trigonometric functions, improper integrals, sequences and series, parametric representation, and polar coordinates.
Prerequisite: Take MA-151 with a minimum grade of C, P

LaTeX is the free, open-sourced software that is the industry standard used for typesetting professional documents that involve mathematical notation. This course introduces essential components of a functioning LaTeX file, including document classes, preambles and packages, mathematical symbols, commands, display math, spacing and alignment, arrays, image insertion, and references. Students will be given multiple opportunities to practice typesetting documents using LaTeX. Templates for future use will be supplied and reviewed.  This course is Pass/Fail.
Prerequisite: Take MA-151; min grade of C or permission of dept chair

Introduces three-dimensional analytic geometry, multivariable calculus, realvalued functions of several variables, limits and continuity, partial derivatives, multiple integration, and vector calculus.
Prerequisite: Take MA-152 with a minimum grade of C, P

Focuses on matrix theory, systems of linear equations, linear transformations, vector spaces and subspaces, determinants, eigenvalues, inner product spaces, and orthogonality.
Prerequisite: MA-152 with a minimum grade of C, P

Introduces students to the understanding and creation of rigorous mathematical arguments and proofs. Includes methods of proof, set theory, relations and functions, properties of the integers, real and complex numbers, and polynomials.
Prerequisite: MA-152; MINIMUM GRADE C, P

Addresses probability, discrete random variables and their distributions, mathematical expectations, sampling distributions, and multivariate distributions. Offered every Third Semester.
Prerequisite: Math-152 with a minimum grade of C, P

Addresses statistics with an emphasis on the underlying mathematical theory. Topics include point estimation and its properties, interval estimation, correlation, regression, and hypothesis testing involving parametric as well as non-parametric methods. Offered every Third Semester.
Prerequisite: Take MA-331 with Minimum Grade of C, P

This course covers the fundamentals of financial valuation and pricing of Life and Annuity contracts as covered in the Joint Society of Actuaries/Casualty Actuarial Society FM exam and the Life Contingencies portion of the Society of Actuaries FAM exam. This includes the Theory of Interest; valuation of loans, annuities, and bonds; the term structure of interest rates, rates of return and attribution of investment income. The Life Contingencies section adds mortality and survival to these financial computations including computation of Life Insurance and Annuity benefits, premiums, and valuation.
Prerequisite: Take MA-331 and FN-215 with a Minimum Grade of C

Capstone course for the mathematics major. Each student works on a research project leading to an oral presentation and the writing of a formal paper. Senior standing required.
Prerequisite: Take MA-301C or better

Choose Two:

At least one course needs to be MA 362 or MA 371

This course covers advanced theories of Euclidean geometry and introduces non-Euclidean geometries such as spherical and hyperbolic.
Prerequisite: Take MA-301 with Minimum Grade of C, P

This course introduces both point-set and algebraic topology. Topics covered include topological spaces, metric spaces, continuity, homeomorphisms, connectedness, compactness, and fundamental groups.
Prerequisite: Minimum grade of C, P in MA-301

Focuses on structures and properties of graphs and their applications. Topics include traversability, trees, connectivity, network flow, graph coloring, chromatic number, and planarity. Discussion of application of graph theory to computer science, transportation, scheduling, communication, chemistry, and a variety of other fields. Writing mathematical proofs will be an essential part of this course.
Prerequisite: Take MA 301 with a grade of C, P or better

This course is designed to give students a basic understanding of the properties of numbers, mainly the integers and rational numbers and their applications. Topics covered include primes and divisibility, congruence modulo n, Euler's phi function, and continued fractions. Applications discussed include check digit schemes and cryptology. Writing mathematical proofs will be an essential part of this course.
Prerequisite: TAKE MA-301 with grade of C or better, P

Explores algebraic systems, group theory, quotient structures, isomorphism theorems, ring theory and ideals, as well as integral domains and fields. Writing mathematical proofs will be an essential part of this course.
Prerequisite: Minimum grade of C, P in MA-261 and MA-301

Addresses real numbers, cardinality, metric spaces, convergence, topology, continuity, differentiability, and Riemann integration. Writing mathematical proofs will be an essential part of this course.
Prerequisite: MA-301 with a minimum grade of C, P

Examines the algebra and geometry of complex numbers, analytic functions, integration, Taylor and Laurent series, contour integration, and conformal mapping.
Prerequisite: Take MA-253 with Minimum Grade of C, P

Required Supporting Courses

Emphasis on the information that the language of business provides for decisionmakers. This is accomplished by using a transactions-analysis approach. Individual and team-based problems and cases are used to stress accounting fundamentals as well as the global and ethical issues of accounting decisions.

This course introduces microeconomic concepts such as supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, welfare analysis, and labor market. Students will also be introduced to the use of microeconomic applications to address problems such as the role of government, environmental policies, insurance markets, and income distribution.

This course introduces macroeconomic concepts and analysis of unemployment and inflation within the context of the business cycle, the determinants of economic growth, the role of interest rates in savings and investment, the interaction of money and the banking system, and corrective monetary and fiscal policies. Students gain an international perspective by assessing the role of international trade and exchange rates in the modern global economy. A prerequisite to EC 301, EC 302, EC 303, EC 316, EC 321, EC 342, EC 373, and EC 399
Prerequisite: Take EC-202 AND MA-106 OR MA-109 OR MA-110 OR MA-151

Provides an overview of the principles and techniques used in financial management and an introduction to financial markets. Topics include time value of money, measures of risk, models for pricing bonds and stocks, financial analysis, capital structure, cost of capital, capital budgeting, and working capital management. Students are introduced to financial problem-solving using Microsoft Excel.
Prerequisite: Take AC 221

Designed to help undergraduate students understand the basic derivative markets such as forward, futures, options, and swap markets. Key concepts needed to price these basic claims, such as the law of one price, the cash and carry arbitrage, and the put call parity, are introduced and explained. Explores the pricing of these claims, as well as arbitrage and hedging in these markets.
Prerequisite: Pre: FN-315