Sample 4-year Plan
The Sample 4-year plan on above only tackles Actuarial Courses / Major Requirements and some other recommended courses and assumes students have credit for Math 221 before their Freshman Year.
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Details for the differences in major requirements by year can be found in the presentation above.
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Courses can be taken in other semesters than what is suggested above, just be aware of course prerequisites.
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The rest of your schedule should be filled with other BBA requirements and potentially other Major/certificate requirements. If you are wondering if your course plans fulfil your requirements, try running a DARS report in course search & enroll.
Actuarial Science Major Requirements
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Interest Theory - Act Sci 303*
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Probability - One of Math 331**, Math 431, Stat 309 or Stat 311 AND Act Sci 300
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Statistics - One of Gen Bus 317** or Stat 310
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Do not take Gen Bus 306/307: UW Actuarial Science Majors get exempted from this Biz-Requirement due to our required Probability Course.
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Risk Modeling - Act Sci 640***
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Fundamentals of Actuarial Mathematics - Act Sci 650* (Long Term) AND Act Sci 652* (Short Term)​
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Advanced Actuarial Mathematics - One of Act Sci 651* (Long Term) OR Act Sci 653* (Short Term)
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Regression and Analytics - One of Act Sci 654, Act Sci 655, or Gen Bus 656
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While not required, taking two regression/analytics classes can be extremely valuable!​
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* = Course offers UEC credit for a professional Exam
** = Course is newly offered to complete Probability/Statistics Requirements!
*** = Course not required for people entering the program before Fall 2024.
SOA & CAS Exams
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FM/2 (Financial Mathematics) - Act Sci 303 (UEC) AND Act Sci 301 (Pre-Fall 2024)
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P/1 (Probability) - Math 331 OR Stat 309 OR Stat 311 OR Math 431 AND Act Sci 300
SOA Exams
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FAM (Fundamentals of Actuarial Mathematics)
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Act Sci 650 AND Act Sci 652 (Both are UEC)*
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Exam ALTAM** (Advanced Long Term Actuarial Mathematics)​​
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Act Sci 651 (UEC)
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Exam ASTAM** (Advanced Short Term Actuarial Mathematics) ​
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Act Sci 653 (UEC)​​
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Exam SRM (Statistics for Risk Modeling: Predictive Analytics)
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Act Sci 640 (UEC)
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* Note that UEC credit requirements must be met in BOTH Act Sci 652 and Act Sci 650 to earn credit for Exam FAM
** Note the SOA only requires one of ALTAM or ASTAM
CAS Exams
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MAS-I (Modern Actuarial Statistics - 1) - Topics from:
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Stat 310 or 312 or Gen Bus 317
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Act Sci 652
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Act Sci 654
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Act Sci 650
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Act Sci 640
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Other Topics
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MAS-II (Modern Actuarial Statistics - 2) - Topics from:
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Act Sci 653 ​
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Gen Bus 656
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Other topics
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** MAS-1 and MAS-II are not fully captured by any one or two UW-Madison offered courses. Check the syllabi released by the CAS to understand what exact topics are covered on the above exams
Validation by Educational Experience (VEE) Requirements
​Students can meet their VEE Requirements by taking the below UW-Madison approved courses and obtaining a B/C or better.
*Note that transfer courses taken at other universities that have transferred to UW-Madison may not count for their VEE requirements. Check with your credentialling organization to check if the course you took counts
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Economics VEE - Econ 101 AND Econ 102 OR Econ 111
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An Advanced Placement (AP) score of 4 or 5 on AP Macroeconomics AND AP Microeconomics would​ also count for this requirement
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Accounting and Finance VEE - Accounting 100 AND Finance 300
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Statistics VEE (SOA Only) - Gen Bus 317, Stat 310 OR Stat 312