Mathematics, MS (53-456) - Actuarial Science and Statistics Option (0017) (30 hours) [Also available as an accelerated program]

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Student Learning Outcomes - The graduate with a Master of Science degree in Mathematics, Actuarial Science and Statistics Option will use the knowledge and skills obtained in the program to:

Communicate actuarial/statistical ideas clearly and coherently.
Develop analytical skills to solve complex problems in actuarial/statistical fields.
Select appropriate software packages to solve real world problems in actuarial/statistical principles.

This program is designed to fit the needs of students in actuarial science, statistics, or related areas. To be accepted into this program, a student must have an undergraduate major in mathematics, or course work equivalent to a Central major in mathematics, actuarial science, statistics, or coursework equivalent to a UCM major in mathematics, actuarial science or statistics with a minimum grade point average of 3.00 in upper level mathematics, actuarial science, or statistics courses.

A student not meeting these minimum standards may consult the School of Computer Science and Mathematics for possible acceptance on a conditional basis.

The sequence of courses is designed to begin in the fall semester. Starting in the spring may result in an extended time to complete the degree. No courses are offered in the summer.

Required Graduate Courses: 24 Semester Hours

Electives from the Following: 6 Semester Hours

Minimum Graduate Hour Total: 30 Semester Hours

If the required graduate courses have been taken for undergraduate courses at UCM, more courses can be selected from the elective courses to make up the required 24 credit hours.

ACST 6950 may only be used as a program elective for students completing a Thesis. Students who complete this course and do not complete a Thesis will be required to complete the additional required credit hours to meet the minimum hours requirements.

Accelerated Program Notes:

The Accelerated model for this program designed for the BS Actuarial Science and Statistics - Actuarial Science Option.

Undergraduate UCM students with a major GPA of at least 3.00 may consult with their faculty advisor and complete a school application to declare the accelerated BS/MS in Mathematics - Actuarial Science and Statistics Option. Prior to beginning the graduate portion of the program, student in the accelerated program will need to apply to the UCM Graduate School for formal admittance to the Accelerated BS/MS program.

Courses that an accelerated student may be eligible to include as overlap between the undergraduate and graduate programs:

ACST 5312 - Probability Models (3) (ACST 4312)

ACST 5315 - Mathematical Statistics (3) (ACST 4315)

ACST 5321 - Regression Analysis (3) (ACST 4321)

ACST 5322 - Time Series Models and Analysis (3) (ACST 4322)

ACST 5323 - Statistical Aspects of Experimental Design (3) (ACST 4323)

ACST 5331 - Multivariate Statistical Analysis (3) (ACST 4335)

ACST 5351 - Principles of Data Mining (3) (ACST 4351)

ACST 5361 - SAS Programming for Statistical Analysis (3) (ACST 4331)

ACST 5510 - Mathematics of Finance (3) (ACST 4510)

ACST 5520 - Life Contingencies I (3) (ACST 4520)

ACST 5530 - Statistical Modeling (3) (ACST 4530)