Actuarial mathematics is used primarily in the insurance, banking, and financial services industries to estimate risks, price products, and determine required reserves. Bentley offers specialized courses to help students prepare for up to four of the professional exams administered by the Society of Actuaries and fulfill the Validation by Educational Experience (VEE) requirements of the Society of Actuaries and the Casualty Actuarial Society. Most students complete at least one internship during their undergraduate years and the department maintains close contact with many of our alumni/alumnae who work in this field.
For further information about degree requirement policies and guidelines, see the Degree Requirements page.
Major Requirements
Prerequisite Course(s)
Course List Course | Title | Credits |
MA 131 | Calculus I | 3 |
or MA 131L | Calculus I with Lab |
Program Requirements
Course List Course | Title | Credits |
MA 139 | Calculus II | 3 |
or MA 139L | Calculus II with Lab |
MA 214 | Intermediate Applied Statistics | 3 |
MA 233 | Calculus III | 3 |
MA 239 | Linear Algebra | 3 |
MA 252 | Regression Analysis | 3 |
MA 263 | Continuous Probability for Risk Management | 3 |
MA 310 | Actuarial Topics in Probability and Risk Management | 3 |
or MA 357 | Mathematical Theory of Interest |
| 6 |
| Discrete Probability | |
| Actuarial Topics in Probability and Risk Management 1 | |
| Financial Calculus and Derivative Pricing | |
| The Mathematics of Discrete Options Pricing | |
| Mathematical Statistics | |
| Mathematical Theory of Interest 1 | |
| Mathematics of Investment & Financial Markets | |
| Fundamentals of Short-Term Actuarial Mathematics | |
| Fundamentals of Long-Term Actuarial Mathematics | |
| Advanced Long Term Actuarial Mathematics | |
| Introduction to Generalized Linear Models and Survival Analysis in Business | |
General Degree Requirements
Foundations for Success (15 Credits)
Course List Course | Title | Credits |
FDS 100 | Falcon Discovery Seminar | 3 |
| |
EMS 101 | Critical Reading and Writing | 3 |
or EMS 101L | Critical Reading and Writing with Lab |
or EMS 102 | Critical Reading and Writing for ESOL |
or EMS 102L | Critical Reading and Writing for ESOL with Lab |
| |
EMS 104 | Multimodal Communication | 3 |
or EMS 105 | Multimodal Communication for ESOL |
CS 100 | Solving Business Problems with Information Technology | 3 |
| |
MA 105 | Mathematical Foundations for Business | 3 |
or MA 105L | Mathematical Foundations for Business with Lab |
or MA 107 | Applied Calculus for Business |
or MA 107L | Applied Calculus for Business with Lab |
or MA 131 | Calculus I |
or MA 131L | Calculus I with Lab |
Context and Perspectives (18 Credits)
Course List Course | Title | Credits |
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Business Dynamics/Business Administration Minor (18 Credits)
Course List Course | Title | Credits |
| |
AC 115 | Introduction to Financial Reporting and Analysis | 3 |
EC 111 | Principles of Microeconomics | 3 |
FI 118 | Introduction to Finance | 3 |
LA 100 | Business Law | 3 |
MG 116 | Human Dynamics in Organizations | 3 |
ST 113 | Business Statistics | 3 |
Communication Intensive
All students are required to take a three-credit course designated as a Communication Intensive. This requirement can be met within a variety of course subjects in both Arts & Sciences and Business. Communication Intensive courses are designated with a "CI" in the course schedule. Transfer students with a minimum of 30 credits will be waived from the Communication Intensive requirement.
Please note that certain majors have an additional three-credit Communication Intensive built into their major requirements, separate from the general CI requirement.
Additional Requirements
Unrestricted Electives (42 Credits)
Course List Course | Title | Credits |
| 42 |
Total: 120 Credits