Actuarial Science Course Descriptions

This course is a traditional introductory calculus course. We will study functions, limits, derivatives, and integrals. Applications of the derivative and the fundamental theorem of calculus will be particular highlights of this class as well as integrals and derivatives of logarithms and exponential functions. Students must enroll concurrently in MAT 1240. Four hours.

The laboratory is designed to support MAT 1230 and must be taken concurrently with the course. This course has a fee for consumables used in its labs.

This course is a continuation of the topics covered in Calculus 1. We will study integration techniques, as well as integrals and derivatives of a variety of functions: logarithms, exponential functions, inverse trigonometric functions, and hyperbolic trigonometric functions. We will also study applications of integration, improper Riemann integrals, and L’Hopital’s rule for taking limits. Investigating infinite sequences and infinite series will be a highlight of this course. Prerequisites: MAT 1230 or permission of the mathematics program director. Three hours

This course is an investigation of limits, derivatives, and integrals of functions of more than one variable. We will study various applications of calculus, further topics of multivariable calculus, and ways in which calculus interplays with the other mathematical disciplines such as linear algebra, probability theory, and complex analysis. Prerequisites: MAT 1250 or permission of the mathematics program director. Three hours.

A study of differential equations using analytical, numerical and graphical techniques. Emphasis is placed on solving first and second order, and systems of differential equations. Various types of differential equations, their solutions and their applications in physical sciences will be studied. Prerequisite: MAT 2250. Three credit hours.

In this course we learn the concepts of financial mathematics, including simple, compound and continuous interest; how to calculate present and accumulated values of cash flow streams, including annuities, loans and bonds; and how to calculate duration and convexity for immunization purposes. Material covered in this course is included on Exam FM/2 of the SOA/CAS. Prerequisite: MAT 1250 or permission of the mathematics program director. Three hours.

In this course we study the axioms and theorems of probability theory. We study probability distributions of discrete and continuous random variables, and many of their applications. Throughout this course we will use a significant amount of calculus to develop the theory of probability. Material covered in this course is included on Exam P/1 of the SOA/CAS. Prerequisites: MAT 2250 and MAT 2100, or permission of the mathematics program director. Three hours.

This course is the study of multivariable statistics on real data sets. Correlation, hypothesis testing and ANOVA are highlights of this class, which require a significant use of calculus. Prerequisites: MAT 2250 and MAT 3200.

This is a capstone course for mathematics and mathematics education majors. This course will cover several topics that draw together the various mathematical disciplines, and will portray the global perspective of mainstream mathematics. This course may meet in conjunction with other capstone courses within the science division for a portion of the semester. Prerequisites: declared mathematics or mathematics education major; and MAT 2250. Three hours.

The internship includes activity in a work environment, allowing the student to experience a hands-on opportunity to apply the skills and principles learned in class to a real-world, professional setting. Three hours of credit is given and is equivalent to approximately 120 hours in the work-place (or 40 work hours per credit hour). Students are responsible for providing their own transportation during the duration of the internship opportunity. Prerequisites: MAT 1230/1240, MAT 1250, and MAT 2250 or consent of the instructor. Three hours.

This course exposes students to essential computer science topics including algorithms and introductory programming concepts including sequence, decision, and assignment and iteration. This course assumes to prior knowledge. (BS Core elective – cross listed with ISM 1150) Three hours.

The role of Christians in the marketplace is discussed with consideration of economic reasoning and methodology through examination of fundamental concepts in micro- and macroeconomics and through extension and applications of economic theory. Examination of the general functioning of a price system using fundamentals of supply and demand is evaluated. Exploration of the variety of market forms, theory of factor incomes and the effects of government intervention to promote efficiency and equity occurs. Three hours.

Students advance their skill and confidence in using the workbook, database and output capabilities of Microsoft Excel. Focus is on understanding the advanced features of Excel and key issues of design and advanced output capabilities of spreadsheet programs. Three hours.

This foundational course explores corporate financial topics such as financial statement analysis, net present value, corporate valuation, the stock market, the bond market, financial governance, cash flow management, financing and debt strategies and the role of the CFO in managing a business. This course provides a practical approach to the discipline. Prerequisite: ACC2110. Three hours.

This course is designed to be the capstone course for the finance degree. We will expand on risk management and insurance concepts that were introduced in previous courses, as well as employee benefits from both the employer and employee perspective. We will also discuss profession designations and the different options for employment within the financial industry. The course will culminate with the student taking the SIE exam to prepare them for employment. Prerequisites: FIN3240 and 3 hours in other FIN courses.

Develops an understanding and application of basic financial accounting principles. Emphasis on building and using basic financial statements and a manager’s use of accounting data. This course and ACC2120 together serve as the first year of accounting. Three hours

The study of the managerial aspects of accounting and finance. Includes an in-depth study of the statement of cash flows, analysis of financial statements, product cost management, and cash budgeting. Prerequisite: ACC2110. Three hours.