Department of Mathematical Sciences

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VEE Courses at Appalachian

The following courses are approved for validation by education experience:

  • VEE in Economics – ECON 2030 and ECON 2040
  • VEE in Mathematical Statistics – STT 4880   (STT 4530, F2018)
  • VEE in Accounting and Finance – ACC 2100 and FIN 3690

An updated listing of VEE approved courses can be found online at https://www.soa.org/education/exam-req/edu-vee.aspx

Courses containing material necessary for exam preparation:

  • EXAM P/1 – STT 3250 Fundamentals of Probability (3), MAT 3251 (2 hour, Problems in Probability )
  • EXAM FM/2 – MAT 3330 Financial Mathematics (4), MAT 3331 (2 hour, Problems in Financial Mathematics)
  • EXAM FAM - MAT 3340 Actuarial Models (3), MAT 3345 Short Term Actuarial Models (3)
  • EXAM ALTAM - MAT 3340 Actuarial Models (3), MAT 4350 Actuarial Models II (3)
  • EXAM IFM - Discontinued

Course of Study

(To see requirements under a previous bulletin in the major view degree requirements.)

The following table shows one sample of how scheduling the required courses for the actuarial science major may look for a student entering in the Fall 2023 semester and later. This schedule does not show the additional courses required by the university. A student should determine their schedule with the help of their academic advisor.

Fall Freshman Year

 Spring Freshman Year

MAT 1110 Calculus I

MAT 1120 Calculus II
ECON 2030 Pricing Theory‡

Fall Sophomore Year

Spring Sophomore Year

MAT 2130 Multivariable Calculus
MAT 3330 Financial Mathematics (F,S)
ACC 2100 Principals of Accounting I
STT 3850 Data Analysis I (F,S)

MAT 2240 Linear Algebra
ECON 2040 Macroeconomics
STT 3851 Data Analysis II (F,S)

Fall Junior Year

Spring Junior Year

FIN 3100 Principals of Risk Manag and Ins 
FIN 3680 Intro to Finance
STT 3250 Fundamentals of Probability (F,S)

FIN 3690 Financial Management
FIN 3890 Survey of Investments

Fall Senior Year

Spring Senior Year

MAT 3340 Actuarial Models (F)
MAT 3345 Short term Actuarial Models (F)
FIN 4770 Derivatives and Fin Risk (F,S)

MAT 4330 Sen Sem in Act Science (S)
STT 4880 Mathematical Statistics (S)
Major Elective

  • MAT 4350 Actuarial Models II - is a continuation of MAT 3340, counts as a major elective. MAT 3340, MAT 4350 provides background for Advanced Long Term Actuarial Mathematics (ALTAM).
  • [*MAT 3331 - Problems in Financial Mathematics (2)] problem solving course in financial mathematics, for actuarial Exam FM preparation.
  • [*MAT 3251 - Problems in Financial Mathematics (2)] problem solving course in probability, for actuarial Exam P preparation.

Major Electives: Choose at least 3 hours from.

  • MAT 2110 - Techniques of Proof (4)
  • Law 2150 – Legal Environment of Business(3)
  • MAT 3130 - Introduction to Differential Equations (3)
  • MAT 3251 - Problems in Probability (2)
  • MAT 3310 - Discrete and Continuous Mathematical Models (3)
  • MAT 3331 - Problems in Financial Mathematics (2)
  • MAT 3350 - Introduction to Mathematical Biology (3)
  • MAT 3220 - Introduction to Real Analysis I (3) [WID]
  • MAT 4340 - Introduction to Operations Research (3)
  • MAT 4350 - Actuarial Models II (3)
  • CS 1440 - Computer Science I (4)
  • STT 4840 - Regression and Time Series Forecasting (3)