Course Requirements: Actuarial Science Concentration

The concentration in actuarial science consists of four courses – three required and one elective.

Required Courses (3 cu):

STAT 451 / BEPP 451 – Fundamentals of Actuarial Science I
STAT 452 / BEPP 452 – Fundamentals of Actuarial Science II
STAT 453 / BEPP 453 – Actuarial Statistics

Electives (1 cu):

BEPP 322 – Business Insurance and Estate Planning
STAT 405: Statistical Computing with R (0.5 CUs)
STAT 422: Predictive Analytics (0.5 CUs)
STAT 435: Forecasting Methods for Management
STAT 470: Data Analytics and Statistical Computing
STAT 471: Modern Data Mining

An elective course taken to fulfill the actuarial concentration cannot be used for the insurance and risk management concentration.

Students concentrating in actuarial science should have taken two calculus and two statistics classes before enrolling in their first actuarial class. Recommended calculus classes are MATH 104 and MATH 114. Statistics 430-431 is recommended in lieu of Statistics 101-102.

*Deviations from the above requirements must be approved by the Director of the Actuarial Science Program, Professor Jean Lemaire (lemaire@wharton.upenn.edu; 215.898.7765).

*Changes in the mathematics requirements of the Actuarial Science Concentration must be approved by the Undergraduate Chairman of the Mathematics Department, Professor Tony Pantev (UGradChair@math.upenn.edu).