The student learning outcomes for this degree are located at www.niu.edu/assessment/clearinghouse/outcomes/index.shtml.
This major prepares students for careers in the actuarial profession and helps them learn material included in the Exams P / 1 (Probability), FM / 2 (Financial Mathematics), and Statistics and Risk Modeling of the Society of Actuaries (SOA) / Casualty Actuarial Society (CAS). A few courses relevant to Exam C / 4 (Construction and Evaluation of Actuarial Models) of the SOA / CAS, and to Exam MLC (Models for Life Contingencies) of the SOA are also available to actuarial students. The major also provides the Validation by Educational Experience (VEE) required by the societies if the students complete those courses with a grade of B or better.
Check departmental information for any additional requirements.
At least 12 additional semester hours of ACSC courses numbered 400 or higher or STAT 411; courses that are crosslisted with an ACSC course may be counted towards this requirement (12)
At least 3 additional semester hours of STAT/ACSC courses numbered 400 or higher (3)
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