The Actuarial Studies for Business major prepares students for a career path in the insurance industry, as well as preparing them for a series of actuarial examinations.

 

Requirements for Actuarial Studies Majors:


1. Admission requires a GPA of 3.3 (subject to revision) in the first four courses listed below.
2. The minimum GPA is 2.7 for courses taken for the major in finance at Queens College.
3. No Individual Grade below C- is accepted.
4. No more than 21 credits can be transferred into the program from other colleges.

Review the Four Year Academic Plan

Important Announcement for Actuarial Majors:
Please do not wait until your last semester to take Math 242. It is a course that closes quickly, often during preregistration. When you determine the semester you plan on taking Math 242, please email your name, cuny id, and desired semester to joan.nix@qc.cuny.edu. Please note that your request must be submitted no later than the first week of the semester that you plan on REGISTERING for Math 242. There are no guarantees that you will be able to take the course during your desired semester, therefore, please do not want until your LAST semester at QC to take this course.

 

19 Required Courses and 2 Electives as follows:
1ACCT 101: Introduction to the Theory and Practice of Accounting I
2ACCT 102: Introduction to the Theory and Practice of Accounting II
3ECON 101: Introduction to Macroeconomics
4ECON 102: Introduction to Microeconomics
5141: Calculus/Differentiation, or
151: Calculus/Differentiation & Integration
6MATH 142: Calculus/Integration and
143: Calculus/Infinite Series, or
152: Calculus/Integration & Infinite Series
7MATH 201: Calculus
8MATH 241: Introduction to Probability and Mathematical Statistics
9MATH 242: Methods of Mathematical Statistics - Preregistration is strongly advised for Math 242. Students must email Chengcheng Wen, Mathematics Department, at chengcheng.wen@qc.cuny.edu) prior to pre-registration.
10ACCT 261: Business Law I, or
ACCT 367: Federal and New York State Taxes on Income
11ECON 225: Price Theory (Mathematics Emphasis)
12ECON 226: Macro-Economic Analysis (Mathematical Emphasis)
13BUS 160W : Introduction to Business Writing
14BUS 241: Corporation Finance
10BUS 243: Economics of Distribution and Marketing
11BUS 247: Business Economics
17BUS 341W: Intermediate Finance
18CSCI 48: Spreasheet Programming
19PHIL 160 : Business Ethics
20First Globalization and Environment Elective.
21Second Globalization and Environment Elective.

 

Six Recommended Courses for Actuarial Examination
6BUS 353: Options and Futures Markets
1MATH 116: Mathematics of Finance
2MATH 271: Actuarial Mathematics I: Calculus and Probability
3MATH 272: Actuarial Mathematics II: Probability and Risk Management
4BUS 350: Investment Analysis
5BUS 352: Investment Management

Students who wish to pursue a career as an actuary may also opt to major in Mathematics, pursuing the Actuarial Science option. Please see http://qcpages.qc.edu/math/ for information about this option and http://qcpages.qc.cuny.edu/math/actuarial.html for more information about the actuarial exams

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