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Undergraduate Degree
Quantitative Risk Analytics
Program:
Quantitative Risk Analytics
Plan Code:
QUANRS_BS1
Program Level:
Undergraduate
Award Type:
Bachelor of Science
College:
College of Natural Science
Department:
Statistics and Probability
Excerpt from the official Academic Programs Catalog:
Listed below are the approved requirements for the program from the official Academic Programs Catalog.
Students must consult their advisors to learn which specific requirements apply to their degree programs.
College of Natural Science
Department of Statistics and Probability
Undergraduate Programs
Quantitative Risk Analytics
View this text within the context of the catalog.
The Bachelor of Science degree in Quantitative Risk Analytics provides students the quantitative skills necessary for employment in the insurance and risk industry, including a mathematical treatment of probability and statistics, interest-rate theory and financial mathematics, predictive analytics and other data science tools, and insurance operations.
Admission
To be considered for admission to the major, the student must have:
a cumulative grade-point average of at least 3.0 in all courses taken at MSU.
a minimum grade-point average of 3.0 in MTH 132, MTH 133, and MTH 234 or equivalent courses.
a minimum average of 3.0 in the grades in MTH 360 and STT 441.
Students who declare the major in quantitative risk analytics are automatically reviewed at the end of every semester and are either admitted or informed of their progress. Students must be admitted to a degree-granting college at the time they have completed 56 credits. Those who do not meet the criteria may consider a major in either Mathematics or in Statistics and Probability.
Requirements for the Bachelor of Science Degree in Quantitative Risk Analytics
The University requirements for bachelor's degrees as described in the Undergraduate Education section of this catalog; 120 credits, including general elective credits, are required for the Bachelor of Science degree in Quantitative Risk Analytics.
The University's Tier II writing requirement for the Quantitative Risk Analytics major is met by completing Statistics and Probability 467. That course is referenced in item 3. below.
Students who are enrolled in the College of Natural Science may complete the alternative track to Integrative Studies in Biological and Physical Sciences that is described in item 1. under the heading Graduation Requirements in the College statement. Certain courses referenced in requirement 3. below may be used to satisfy the alternative track.
The requirements of the College of Natural Science for the Bachelor of Science degree. The credits earned in certain courses referenced in requirement 3. below may be counted toward College requirements as appropriate.
The following requirements for the major:
a.
One course of at least 3 credits in biological science, entomology, microbiology, physiology, plant biology, or integrative biology as approved by the student’s academic advisor.
b.
One of the following groups of courses (8 to 10 credits):
(1)
CEM
141
General Chemistry
4
CEM
142
General and Inorganic Chemistry
3
CEM
161
Chemistry Laboratory I
1
(2)
CEM
151
General and Descriptive Chemistry
4
CEM
152
Principles of Chemistry
3
CEM
161
Chemistry Laboratory I
1
(3)
CEM
181H
Honors Chemistry I
4
CEM
182H
Honors Chemistry II
4
CEM
185H
Honors Chemistry Laboratory I
2
(4)
LB
171
Principles of Chemistry I
4
LB
171L
Introductory Chemistry Laboratory I
1
LB
172
Principles of Chemistry II
3
c.
One of the following croups of courses (8 credits):
(1)
PHY
183
Physics for Scientists and Engineers I
4
PHY
184
Physics for Scientists and Engineers II
4
(2)
PHY
193H
Honors Physics I – Mechanics
4
PHY
294H
Honors Physics II – Electromagnetism
4
(3)
LB
273
Physics I
4
LB
274
Physics II
4
d.
One of the following groups of courses (11 or 12 credits):
(1)
MTH
132
Calculus I
3
MTH
133
Calculus II
4
MTH
234
Multivariable Calculus
4
(2)
LB
118
Calculus I
4
LB
119
Calculus II
4
LB
220
Calculus III
4
(3)
MTH
152H
Honors Calculus I
3
MTH
153H
Honors Calculus II
4
MTH
254H
Honors Multivariable Calculus
4
e.
One of the following courses (3 credits):
MTH
235
Differential Equations
3
MTH
340
Ordinary Differential Equations I
3
MTH
347H
Honors Ordinary Differential Equations
3
f.
One of the following groups of courses (4 to 7 credits):
(1)
MTH
299
Transitions
4
MTH
309
Linear Algebra I
3
(2)
MTH
317H
Honors Linear Algebra
4
g.
All of the following courses (15 credits):
MTH
360
Theory of Mathematical Interest
3
MTH
361
Financial Mathematics for Actuaries I
3
MTH
457
Introduction to Financial Mathematics
3
STT
441
Probability and Statistics I: Probability
3
STT
442
Probability and Statistics II: Statistics
3
h.
Both of the following courses (6 credits):
MTH
468
Predictive Analytics
3
STT
467
Insurance Operations
3
i.
All of the following courses (19 credits):
ACC
230
Survey of Accounting Concepts
3
CSE
231
Introduction to Programming I
4
EC
201
Introduction to Microeconomics
3
EC
202
Introduction to Macroeconomics
3
FI
311
Financial Management
3
FI
321
Theory of Investments
3
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