Actuarial Studies Undergraduate Certificate

Program Overview

The Certificate in Actuarial Studies at the University of Missouri-St. Louis provides students with the foundational knowledge and skills in economics, finance, and mathematics necessary for entry-level employment as an actuary. The program includes 18 credit hours of coursework, including required courses in financial management, financial engineering, financial mathematics, and mathematical statistics. Upon completion, students will be prepared to take the first two actuarial examinations (P and FM) and satisfy some of the Validation by Educational Experience requirement of the Society of Actuaries.

Program Outline

• MATH 4010 Financial Mathematics I (3 credit hours)
• MATH 4020 Financial Mathematics II (3 credit hours)
• MATH 4200 Mathematical Statistics I (3 credit hours)
• MATH 4210 Mathematical Statistics II (3 credit hours)

Careers:

Actuaries use the tools of economics, finance, and mathematics to evaluate and price risk. They are employed by insurance companies, pension funds, consulting firms, and a variety of other financial institutions. The actuarial profession has consistently been ranked as one of the most desirable professions in which to be employed. To become an actuary one must satisfy certain educational requirements, pass exams offered by the Society of Actuaries, and complete professional courses. The Certificate in Actuarial Studies is designed to provide the education needed for entry level employment in the actuarial profession. Those who complete the certificate will satisfy some of the Validation by Educational Experience requirement of the Society of Actuaries and be prepared to take the first two actuarial examinations (P and FM).