The paradigm below is one example of how this major may be completed. Students may use their elective credits to explore other majors or to enroll in skill-building courses in mathematics, reading, writing and/or study skills. With planning, students may use these credits to complete a minor, enroll in a practicum or internship, or study abroad.
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
| * Students may take C102 Business Computer Application in place of CS106. | ||||||||||||||||||||||||
It is the responsibility of the student to complete all major and university requirements. Please refer to the university catalog for additional information regarding this major. Course title and content is subject to change. Not all courses are offered each semester or year. Please consult with your major advisor for the most current information.
Students enrolled in the Lasallian Honors Program should consult the program director for the appropriate sequence of courses.
A. Actuarial Science Core
All of the following:
(NOTE: Students take either M148 and M149 or M151)
AC222 - Accounting Concepts (3 credits)
This course provides an introduction to accounting with an emphasis on the interpretation and use of accounting information for effective business decision-making. The course employs an “information user/managerial approach” rather than an “information preparer approach.” Students are introduced to the accounting system, financial statement analysis, and quantitative managerial accounting techniques.
Prerequisite: mathematics competency.
BU341 - Corporate Finance (3 credits)
The goal of corporate financial management is to maximize the wealth of the stockholders. Decisions regarding risk and return, the management of current assets and current liabilities, and capital budgeting are examined in view of this goal. Students are also introduced to the stock market and other financial institutions and systems.
Prerequisites: AC222 and either EC261 or EC262.
EC261 - Principles of Microeconomics (3 credits)
A traditional introduction to the principles of microeconomics, concentrating on behavior of the household and the firm. The course analyzes factors determining prices, production and allocation of economic resources. Current issues are emphasized.
Prerequisite: mathematics competency.
EC262 - Principles of Macroeconomics (3 credits)
A traditional introduction to the principles of macroeconomics, concentrating on how aggregate levels of economic activity are determined. The course analyzes macroeconomic policies and economic issues such as problems of unemployment and inflation. Current issues are emphasized.
Prerequisite: mathematics competency.
FN368 - Investments (3 credits)
Students study the stock markets, bond markets, and commodity markets. The course emphasizes both personal investing and professional opportunities as investment counselors.
Prerequisites:
BU341 Corporate Finance
M145 Finite Mathematics
FN406 - Derivative Securities ()
This course will focus on financial risks that many firms face in their normal course of doing business. Many financial risks are managed using derivatives so that will be the major focus in this course. The course will emphasize how corporations use derivatives for the purpose of hedging rather than speculative uses.
Prerequisites:
BU341 Corporate Finance
FN368 Investments
M148 - Calculus with Precalculus I (4 credits)
This course, followed by M149, provides a two-semester sequence that covers the material of a traditional Calculus I course along with built-in coverage of precalculus topics. Topics in M148 include: solving equations, functions, classes of functions (polynomial, rational, algebraic, exponential, logarithmic), right triangle trigonometry, angle measure, limits and continuity, derivatives, rules for derivatives. Credit is not granted for this course and M151 or courses equivalent to college algebra and college trigonometry.
Prerequisite: mathematics competency satisfied.
M149 - Calculus with Precalculus II (4 credits)
This course completes the two-semester sequence that begins with M148, and together with M148 provides a two-semester sequence that covers the material of a traditional Calculus I course along with built-in coverage of precalculus topics. Topics in M149 include: trigonometric and inverse trigonometric functions, rules for derivatives, applications of derivatives, and definite and indefinite integrals. Credit is not granted for this course and M151.
Prerequisite: M148.
This course provides an introduction to the differential and integral calculus. Topics include: the concepts of function, limit, continuity, derivative, definite and indefinite integrals, and an introduction to transcendental functions.
Credit cannot be granted for this course and M308 or M309.Prerequisites: M115 and M116, or departmental placement.
M152 - Calculus II (4 credits)
This course is a continuation of M151. Some of the topics of M151 are revisited at a higher mathematical level. Topics include: limits, differentiation, applications of the definite integral, inverse trigonometric functions, techniques of integration, improper integrals, indeterminate forms, numerical methods for integration and approximation, curves in the plane given parametrically, polar coordinates, and vectors in 2-space and 3-space.
Prerequisite: Minimum grade of C in either M149 or M151 or departmental placement.
M252 - Linear Algebra (4 credits)
This course provides an introduction to techniques and applications of linear algebra. Topics include: systems of linear equations, matrices, determinants, Euclidean n-space, real vector spaces, basis and dimension, linear transformations, inner products, and eigenvalues and eigenvectors.
Offered spring semester. Prerequisite: minimum grade of C in M152.
M332 - Probability (2 credits)
This calculus-based course is designed to provide mathematics majors and minors with an introduction to the mathematical underpinnings of statistics. Topics include: probability axioms, probability, Bayes’ Theorem, random variables, discrete and continuous probability distributions, and expected value.
Offered spring semester. Prerequisite: M152.
M490 - Actuarial Science Capstone (3 credits)
This course consists of student research on a topic from finance, mathematics, mathematical modeling, or statistics. Each student chooses a topic in consultation with the instructor, do appropriate background reading, and prepare an oral presentation and written paper on the topic. An exam covering material from Actuarial Exam P – Probability and Actuarial Exam FM – Financial Mathematics is administered as part of this course.
ST232 - Introduction to Statistics (2 credits)
This course is designed to provide the basic ideas and techniques of statistics. Topics include: descriptive and inferential statistics, an intuitive introduction to probability, estimation, hypothesis testing, chi-square tests, regression and correlation. This course makes significant use of appropriate technology. Topics in this course is treated at a higher mathematical level than they are treated in ST132.
Credit is not granted for this course and any of the following: BU215, B392 or ST132. Offered fall semester. Prerequisite: departmental placement or minimum C grade in M148.
Prerequisites:
M115 College Algebra
ST431 - Mathematical Statistics I (3 credits)
This course provides a mathematical treatment of probability and statistics. Topics include: several descriptions of the concept of probability, univariate and bivariate probability distributions, joint and marginal probability distributions, covariance, hypothesis testing, estimation, data analysis, and sampling distributions.
Prerequisites: M332 (may be concurrent) and ST232.
B. One of the following:
CS102 - Business Computer Applications (3 credits)
This course provides in-depth coverage of Microsoft Excel and Access in the context of business applications. Excel topics include formulas and functions, charting, large datasets, pivot tables and what-if analysis. Access topics include relational database concepts, database design, basic query construction, and report generation. This course combines online and hands-on learning.
Prerequisite: AC222 for business majors.
CS106 - Introduction to Programming for Sciences (3 credits)
This course teaches introductory programming within a problem solving framework applicable to the sciences. The course emphasizes technical programming, introductory data storage techniques, and the processing of scientific data. There is an emphasis on designing and writing correct code using an easy to learn scientific programming language such as Python. Advanced excel spreadsheet concepts will be taught and utilized during the programming process.
Prerequisite: mathematics competency.
C. Two of the following:
BU312 - Business Law I (3 credits)
This survey course is designed to introduce students to the study of law through a review of its historical origins, the various sources of the law and the practical context in which laws are applied. Particular attention is given to areas of law which are relevant to today’s business environment; for example, torts, contracts, agency and sales.
Prerequisite: MG219.
FN402 - Financial Markets & Institutions (3 credits)
This course focuses on financial markets, money, instruments, and institutions. The emphasis is on the operations and functions of domestic and international markets and institutions. The course reviews the determinants and structure of interest rates and bond prices.
Prerequisites:
BU341 Corporate Finance
FN368 Investments
FN404 - Portfolio Management ()
This course focuses on the valuation and major investment instruments and strategies available in capital markets. The course considers how investors evaluate and form portfolios with instruments such as bonds, mutual funds, and stocks. The primary focus of this course is the theory and practice of combining securities to optimal portfolios.
Prerequisites:
BU341 Corporate Finance
FN368 Investments
M361 - Operations Research (3 credits)
This course is required for the mathematics education major, providing an introduction to techniques and applications of operations research. Topics include: linear programming, game theory, queuing theory, Markovian decision processes, and decision theory.
Offered in alternate spring semesters. Prerequisites: M252 and M332.
ST371 - Applied Regression Analysis (3 credits)
This course provides students with an introduction to linear and non-linear models in statistics. Topics include: linear regression, multiple regression, one-, two-, and higher-way analysis of variance, and popular experimental designs. Real-world problems are analyzed using appropriate technology.
Prerequisites: M251, M332, and ST232.












