Actuarial Sciences at UNC-CH

Actuarial studies is an informal concentration rather than an independent major and is therefore open to students in any major. Most students pursue actuarial studies at UNC-CH by majoring or minoring in Mathematical Decision Sciences, an undergraduate program administered by the Department of Statistics and Operations Research. Courses offered by this program include:

STOR 455/456 (Statistical Methods I and II), which have been accepted by the Society of Actuaries and the Casualty Actuarial Society for validating knowledge of applied statistical methods (see the VEE Courses page).

STOR 435 (Intro to Probability), which lays the foundation for the first actuarial examination.

STOR 471 (Long-Term Actuarial Models) and STOR 472 (Short-Term Actuarial Models), which expose the student to the kinds of models that life insurance, pension, and casualty actuaries develop on the job.

STOR 555 (Mathematical Statistics), which provides the statistical background prerequisite to the study of constructing and evaluating actuarial models.

If you complete these STOR courses, ECON 410/420 and BUSI 408 (Corporate Finance), pass at least two actuarial examinations, and develop good communication skills,  you should be able to compete well for actuarial jobs.  With additional courses in computer science, economics, and business , you will be even more competitive.

Don’t overlook the importance of learning the soft skills.  Take classes in verbal and written communication.  Passing exams may get you an interview, but it’s the soft skills that will get you the job and help you keep it.  Work hard to improve yours.