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Bachelor of Business Administration Degree in Actuarial Science

Actuarial Science is a discipline that uses mathematical and statistical models to solve problems in insurance and finance. Students will take courses in mathematics, statistics, economics, and finance as part of the degree program. There is an increasing need for trained actuaries in the insurance industry. The Bachelor of Business Administration (B.B.A.) in Actuarial Science provides students the opportunity to acquire the quantitative and business skills to prepare them for a career as an actuary. The minimum number of semester credit hours for the B.B.A. degree in Actuarial Science is 120, at least 39 of which must be at the upper-division level.

All candidates seeking this degree must fulfill the Core Curriculum requirements, the Common Body of Knowledge requirements, and the degree requirements, which are listed below.

Core Curriculum Requirements (42 semester credit hours)
Students seeking the Bachelor of Business Administration degree in Actuarial Science must fulfill University Core Curriculum requirements. The courses listed below satisfy both degree requirements and Core Curriculum requirements; however, if these courses are taken to satisfy both requirements, then students may need to take additional courses in order to meet the minimum number of semester credit hours required for the degree. For a complete listing of courses that satisfy the Core Curriculum requirements, see pages 3-5 of this catalog.

MAT 1214 should be used to satisfy the core requirement in Mathematics. ECO 2013 should be used to satisfy the core requirement in Economics.

Common Body of Knowledge (CBK)

All students seeking a B.B.A. degree in the College of Business must complete the following Common Body of Knowledge (CBK) courses in addition to the Core Curriculum.

ACC  2013    Principles of Accounting I
ACC  2033    Principles of Accounting II
BLW 3013    Business Law
COM 1053    Business and Professional Speech
ECO 2013    Introductory Macroeconomics (satisfies Economics Core Curriculum requirement)
ECO 2023    Introductory Microeconomics
FIN  3014    Principles of Business Finance
GBA 2013    Social and Ethical Issues in Business
IS    1403    Business Information Systems Fluency
IS    3003    Principles of Information Systems for Management
MAT 1033   Algebra with Calculus for Business (satisfies Mathematics Core Curriculum requirement)
(Actuarial Science majors must take MAT 1214 in lieu of MAT 1033)
MGT 3003    Business Communication and Professional Development
MGT 3013    Introduction to Organization Theory, Behavior, and Management
MGT 4893    Management Strategy (taken in semester of graduation)
MKT 3013    Principles of Marketing
MS   1023    Business Statistics with Computer Applications I
(Actuarial Science majors must take STA 1053 in lieu of MS 1023)
MS   3043    Business Statistics with Computer Applications II
(Actuarial Science majors must take STA 3003 in lieu of MS 3043)
MS   3053    Management Science and Operations Technology

In addition to the Core Curriculum requirements and requirements from the College of Business Common Body of Knowledge (CBK), all candidates for the degree must complete the following degree requirements.

Degree Requirements

  1. 20 semester credit hours of required Mathematics and Statistics courses:

    MAT  1224  Calculus II
    MAT  2214  Calculus III
    STA  3513  Probability and Statistics
    STA  3523  Mathematical Statistics
    STA  4713  Applied Regression Analysis
    STA  4753  Time-Series Analysis

  2. 6 semester credit hours from the following courses:

    FIN  4523  Introduction to Risk Management
    FIN  4813  Property-Liability Insurance Finance
    FIN  4823  Life and Health Insurance Finance
    STA 3023  Statistical Mathematics
    STA 4643  Introduction to Stochastic Processes

  3. 2 semester credit hours

    STA 4961  Actuarial Science Examination Preparation (to be taken two semesters)

Course Sequence Guide for B.B.A. Degree in Actuarial Science

This course sequence guide is designed to assist students in completing their UTSA undergraduate business degree requirements. This is a term-by-term sample course guide. Students must satisfy other requirements in their catalog and meet with an academic advisor in the College of Business Undergraduate Advising Center for an individualized degree plan. Progress within this guide depends upon such factors as course availability, individual student academic preparation, student time management, work obligations, and individual financial considerations. Students may choose to take courses during Summer terms to reduce course loads during long semesters.

Recommended Four-Year Academic Plan

First Semester Second Semester
IS 1403 3 COM 1053 3
MAT 1214 (core and major) 4 MAT 1224 4
WRC 1013 (core) 3 WRC 1023 (core) 3
U.S. History & Diversity core 3 Natural Sciences core - Level I 3
Visual & Performing Arts core 3 U.S. History & Diversity core 3
Total semester hours 16 Total semester hours 16
Third Semester Fourth Semester
ACC 2013 3 ACC 2033 3
ECO 2013* (core and major) 3 ECO 2023* 3
MAT 2214 4 STA 3003 3
STA 1053 3 Course option in major 3
Literature core 3 Natural Sciences core - Level II 3
Total semester hours 16 Total semester hours 15
Fifth Semester Sixth Semester
FIN 3014 4 IS 3003 3
MGT 3003 3 MGT 3013 3
MS 3053 3 MKT 3013 3
POL 1133 or POL 1213 (core) 3 STA 3523 3
STA 3513 3 STA 4713 3
Total semester hours 16 Total semester hours 15
Seventh Semester Eighth Semester
GBA 2013 3 BLW 3013 3
POL 1013 (core) 3 MGT 4893 3
STA 4753 3 STA 4961 1
STA 4961 1 Social & Behavioral Science core 3
Course option in major 3 World Society & Issues core 3
Total semester hours 13 Total semester hours 13

* ECO 2013 and ECO 2023 may be taken in either sequence.

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