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Actuarial Science
Chair: Suzanne Boyd, EMS E402, (414) 229-4836

******If you have any course questions or concerns please notify the office at (414) 229-4836 or email us at math-staff@uwm.edu.******

POLICIES OF THE DEPARTMENT OF MATHEMATICAL SCIENCES

STUDENTS WHO DO NOT ATTEND CLASS (including discussions) or contact the instructor during the first week of classes may be administratively dropped from the course.

All course prerequisites are enforced in ACT SCI 290. Students on waiting lists and students who attempt to add or change sections after Open Enrollment should be prepared to show proof of prerequisites in the first week of classes. Math advisors are available in the Department of Mathematical Sciences to help students with prerequisite verification problems. Students are encouraged to consult with them during the first week of classes.


QL Part A. Completion of QL Part A can be demonstrated by satisfying one of the following options:
1. earning at least three credits with a grade of C or higher in Math 102, 103 (formerly 106), 105, 108, 116, 175 or equivalent courses,* or
2.achieving a placement code of at least 30 on the mathematics placement test The College of Letters & Science charges an additional special course fee for Distance Education (online) sections. These sections can be distinguished by a section number beginning with 2-- (e.g., 201, 202). If the special course fee is not listed in the Schedule of Classes, please contact Andy Cuneo, L&S Student Academic Services, via e-mail, acuneo@uwm.edu, or phone (414) 229-2787.
Courses - Expand Subject


ACTSCI-290: Introduction to Actuarial Science (3 units; U )

Overview of the actuarial profession, financial risks, and types of insurance products; risk components; and risk evaluation methods.

Notes:
Prereq: Satisfaction of Quantitative Literacy Part A GER.

GER   Units Section Class# Hours Days Dates Instructor Room Syllabus
    3 LEC 001
55895 12:30 PM-1:45 PM TR 01/21-05/07 Ho, Yang EMS W120  
Consent required to audit.

ACTSCI 391(MATH 311): Investment Mathematics I (4 units; U )

Examination of annuities, loans, bonds, portfolio immunization, and interest rate swaps.

Notes:
Counts as a repeat of MATH 311. Prereq: jr st; grade of C or better in MATH 232(P).

GER   Units Section Class# Hours Days Dates Instructor Room Syllabus
    4 LEC 001
48820 3:00 PM-4:50 PM TR 01/21-05/07 Ho, Yang PHY 149  

ACTSCI 491(MTHSTAT 592): Actuarial Workshop II (1 units; U )

Fundamental probability tools for quantitatively assessing risk integrated with economic and financial concepts; application of tools to actuarial problems; introduction to insurance and risk management for various streams of cash flow.

Notes:
Counts as a repeat of MTHSTAT 592. Prereq: C or better in MTHSTAT 361(P) or consent of instructor.

GER   Units Section Class# Hours Days Dates Instructor Room Syllabus
    1 LEC 001
49283 12:30 PM-1:45 PM TR 01/21-05/07   EMS E408  

ACTSCI 597(MTHSTAT 597): Actuarial Statistics II (3 units; U )

Credibility theory, ratemaking, and reserving.

Notes:
Counts as a repeat of MTHSTAT 597. Prereq: jr st; MATH 234(P); MTHSTAT 362(P).

GER   Units Section Class# Hours Days Dates Instructor Room Syllabus
    3 LEC 001
54513 11:00 AM-12:15 PM MW 01/21-05/07 Brazauskas, Vytaras EMS E495  
Consent required to audit.

ACTSCI-797: Actuarial Statistics II (3 units; G )

Credibility theory, ratemaking and reserving.

Notes:
Prereq: graduate standing.

GER   Units Section Class# Hours Days Dates Instructor Room Syllabus
    3 LEC 001
56196 11:00 AM-12:15 PM MW 01/21-05/07 Brazauskas, Vytaras EMS E495  
Consent required to audit.

University of Wisconsin-Milwaukee
P.O. Box 413, 2200 E. Kenwood Blvd.
Milwaukee, WI 53201-0413
(414) 229-1122