Actuarial Math Advising
The Actuarial Math BS requires Intermediate Micro (Econ 1100)
and Intermediate Macro (Econ 1110), but not the prerequisite
introductory courses Econ 0100 and Econ 0110.
The Economics Department has agreed to waive the prerequisites
for declared Actuarial Math majors only.
Many students will take the introductory courses as freshmen, before
they declare their major.
A declared Actuarial Math major who wishes to take Econ 1100 or Econ 1110
without the introductory prerequisites will have to obtain a permission
number from the Economics Department by sending email to
BusEcn 1010 can be used as a substitute for Econ 1100 for the Actuarial
Mathematics BS, but students should be aware that this course will probably
not count toward Economics VEE credit with the Society of Actuaries.
There are multiple options here, but one requires special attention.
Engineering 0012 treats programming in Matlab and C++. The School of
Engineering has agreed to allow our majors to take the course without
the usual Engineering 0011 prerequisite, but
only in the fall term. To take the course, students will need
a permission number from the School of Engineering.
Students should contact Ruth Burton (firstname.lastname@example.org) for a permission
Several upper level Statistics courses are required, most of which have
prerequisites, and some of which are offered infrequently. Careful planning
To ensure a path to graduation within four years, it is important that
students complete both Stat 1000 and a regression course (Stat 1221 or
Econ 1150) by the end of the second year.
To complete the upper level statistics requirement, students will have to
follow one of the two sequences indicated below.
The sequence ending with Stat 1321 is preferred, since it leads to
VEE credit in Statistics (see below).
The Statistics Department has agreed to accept Econ 1150 as a
substitute prerequisite for Stat 1321. Students who wish to
substitute prereq should contact Carl Bodenschatz (CBODEN@pitt.edu)
of the Statistics Department for permission.
In planning a program keep in mind the following approximate schedule.
|Stat 1000||Every term
|Stat 1151||Every fall
|Stat 1221||Every spring
|Stat 1321||Offered occasionally
|Stat 1731||Spring term, alternate years
|Stat 1741||Spring term, alternate years
|Econ 1150||Every term
Econ 1440 or BusFin 1311 is required. BusFin 1311 is preferred.
The Business School has agreed to substitute Math 1120 for the usual
Students should contact Michael McDermott (email@example.com) of
CBA for permission to enroll in this course.
Students can get
Validation by Educational Experience (VEE) credit with
the Society of Actuaries for certain course sequences. VEE credit is
awarded in each of three areas: Economics, Corporate Fiance, and Applied
Statistical Methods. Approved course sequences are:
It is the students' responsibility to apply for VEE credit after completing
a course sequence. Forms for doing so can be found at the SOA
Economics: Econ 1100 and Econ 1110
Corporate Finance: Econ 1440 or BusFin 1311
Applied Statistical Methods: (Econ 1150 or Stat 1221) AND Stat 1321