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Actuarial Science

Program Transfer Guide
Morgan State University
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Effective
Fall, 2024 - Current
Instruction Methods
In person
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(443) 885-3333 Learn more about Actuarial Science APPLY NOW!

About the Program

Program Mission:
Actuarial Science is a discipline that uses probability, statistics, and other mathematical methods to assess risk and its financial impact. Finance, economics and computer science are also important components of actuarial study. Actuaries, who must pass a series of rigorous professional exams to be fully credentialed, find employment with insurance companies, banks, government agencies, investment houses, consulting firms, and many other kinds of organizations.

The mission of the Morgan State University Actuarial Science Program, the only formalized program in the state of Maryland approved by Maryland Higher Education Commission, is to increase the number of highly qualified students, especially among underrepresented populations, entering careers in actuarial and actuarial-related fields.

The Actuarial Science Program offers the following degrees: 
  • Bachelor of Science in Actuarial Science
  • Minor in Actuarial Science
The curricula for these degrees include courses covering the learning objectives for the preliminary actuarial examinations in Probability (Exam P), Financial Mathematics (Exam FM) and Investment and Financial Markets (Exam IFM).  Exposure to subject matter required for examinations in Long-Term Actuarial Mathematics (Exam LTAM) and Short-Term Actuarial Mathematics (Exam STAM) is also provided. Courses approved by the Society of Actuaries to fulfill Validation by Educational Experience (VEE) credits in accounting and finance, statistics, and economics are also offered.

Full and partial tuition scholarships are available for students who qualify. The Program includes extensive prep for actuarial exams and valid internship experiences.

Program Requirements:
Students must meet all University, General Education, and School requirements and pass the Senior Departmental Comprehensive Examination. Students must take all junior and senior-level actuarial science courses at Morgan unless granted prior written permission by the Dean to complete courses elsewhere.

Retention in the Actuarial Science Program requires students to maintain a cumulative GPA of 2.50, or higher. Any student whose GPA drops below 2.50 may be dropped from the program. Students must not have any outstanding grades below “C” in the major/minor. This includes all major courses and required supporting courses. In addition, students must complete all Validation by Educational Experience (VEE) requirements for Mathematical Statistics, Accounting, and Finance and Economics; sit for at least one Society of Actuaries examination prior to graduation; and must prepare and/or present a senior thesis on an actuarial science-related topic under the supervision of a qualified faculty member or professional actuary. 



PTG Requirements

By changing the institution you will be able to see how the transfers at the sender institution selected.

Allegany College of Maryland Requirement
Morgan State University Requirement
  • General Education Requirement: Information, Technological, and Media Literacy (IM) Take at least 1 course. COSC 150 Strongly Recommended
    3 - 4 credits
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
  • General Education Requirement: English Composition (EC) *Students must select two courses from the EC distribution area; ENGL 101 is a pre-requisite for ENGL 102; ENGL 111 is a pre-requisite for ENGL 112. Students must earn a grade of C or better in both courses in the sequence.
    6 - 8 credits
    Take 1 course from the following 2
    Minimum grade required: C
    No equivalency found. *
    Minimum grade required: C
    Take 1 course from the following 2
    Minimum grade required: C
    No equivalency found. *
    Minimum grade required: C
  • General Education Requirement: Mathematics and Quantitative Reasoning (MQ)
    3 - 5 credits
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
  • General Education Requirement: Biological and Physical Sciences (BP) Students must select two courses from the BP distribution area. At least one course must be lab-based.
    7 - 9 credits
    Notes: Students must select two courses from the BP distribution area. At least one course must be lab-based.
    Notes: Students must select two courses from the BP distribution area. At least one course must be lab-based.
  • General Education Requirement: Critical Thinking (CT) * All Supporting, Actuarial Science Core, and Major Required Courses must be completed with a grade of “C” or higher.
    3 credits
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
  • General Education Requirement: Health and Healthful Living (HH) Students must complete one of the options in the HH distribution area.
    1 - 3 credits
  • General Education Requirement: Arts and Humanities (AH) Students must select two courses from different disciplines in the AH distribution area.
    6 - 8 credits
  • General Education Requirement: Social and Behavioral Sciences (SB) Students must select two courses from different disciplines in the SB distribution area. One course must be ECON 211 (Principles of Economics I)
    6 - 8 credits
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
  • General Education Requirement: Contemporary and Global Issues, Ideas and Values (CI) * All Supporting, Actuarial Science Core, and Major Required Courses must be completed with a grade of “C” or higher.
    3 credits
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
  • University Requirement: Any Physical (PHEC) Activity, et.al. Required for graduation
    1 - 3 credits
    No equivalency found. *
    No equivalency found. *
    No equivalency found. *
    No equivalency found. *
  • Actuarial Science Supporting Courses * All Supporting, Actuarial Science Core, and Major Required Courses must be completed with a grade of “C” or higher.
    9 credits
    Minimum grade required: C
    Notes: * This course is a supporting course required by the department and as such requires a grade of “C” or higher
    Minimum grade required: C
    Notes: * This course is a supporting course required by the department and as such requires a grade of “C” or higher
    Minimum grade required: C
    Notes: * This course is a supporting course required by the department and as such requires a grade of “C” or higher
  • Actuarial Science Required Core Courses * All Supporting, Actuarial Science Core, and Major Required Courses must be completed with a grade of “C” or higher.
    12 - 13 credits
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
    No equivalency found. *
    Minimum grade required: C
    Notes: * denotes a department required supporting/major course which may fulfill a general education requirement and must be completed with a grade of “C” or higher
Grand Total Credits
60
* There is no Equivalency at Allegany College of Maryland. Check with your Advisor for an alternate course.