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ug:overview [2025/11/19 00:17]
kargin
ug:overview [2025/11/19 00:45] (current)
kargin [Actuarial Tracks (BA/BS)]
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-===== Statistics Track (BA) ===== 
-Statistics is the discipline that concerns the collection, organization,​ analysis, interpretation,​ and presentation of data, in the context of uncertainty. Statistics is primarily mathematics in nature but has grown through applications in the social sciences, natural sciences, as well as business and engineering,​ to become its own separate, though closely allied, field. 
  
-The BA track in Statistics ​is designed to provide a solid mathematical ​and statistical foundation for a successful career related to statisticians, ​data analysts, ​and data scientists. It offers students ​the possibility ​of expanding the interdisciplinary aspect of the program by completing a second majorFor examplestudents may combine statistics with computer sciencebiologypsychologyeconomicsaccountingfinance, management science, or social science.+===== Data Science & Statistics ​Track (BA) ===== 
 +Data science ​and statistics focus on turning raw data into reliable insight ​and decisions in the presence ​of uncertaintyThis field combines statistical modelingcomputingand domain knowledgewith applications across the natural and social sciencesbusinessengineeringand the humanities.
  
-To obtain a BA degree in mathematical sciences with a statistics ​track, ​a student ​must complete ​50 credits ​of coursework.+The BA track in Data Science & Statistics is designed to provide a strong mathematical and statistical foundation together with modern data-science tools, while leaving room for a second major or minor. Students complete core coursework in calculus, linear algebra, probability,​ mathematical statistics, regression, and statistical learning, together with a computing-intensive course and a practical experience in data analysis (for example, an internship, research project, or consulting course). 
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 +This track works especially well in combination with majors such as computer science, biology, psychology, economics, finance, accounting, management, or other social and natural sciences. ​To obtain a BA degree in mathematical sciences with the Data Science & Statistics ​track, ​students ​must complete ​the required core and elective courses described in the University Bulletin and on the departmental planning sheets. Approximate number ​of credits is 52--56.
  
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-===== Actuarial Tracks ​(BA/BS) =====+===== Data Science & Statistics Track (BS) ===== 
 +The BS track in Data Science & Statistics is a more intensive program aimed at students who want a deeper mathematical and computational background for graduate study or technically demanding careers in data science, statistics, or related fields.
  
-The track in Actuarial Science is designed ​to prepare students for an actuarial career. Actuaries use probability ​models to quantify uncertainty ​and risk in business problems. Actuaries assemble ​and analyze data related with risks to answer questions ​such as how much to charge policy-holders for autolife or health insuranceshow to set up retirement planshow to formulate investment strategies in light of future risks. They provide an evaluation of risk for their companies for strategic decisions.+In addition ​to the core courses shared with the BA track (calculus, linear algebra, ​probability, mathematical statistics, regression, statistical learning, ​and computing), BS students take further upper-level mathematics ​and statistics, ​such as real analysisadvanced linear algebraoptimizationstochastic processes, or related topics. They also complete additional advanced electives and a practical experience in data analysis.
  
-Because of the crucial role in such decision making, actuaries ​are rewarded accordingly;​ salaries offered ​to actuaries are [[https://​www.dwsimpson.com/​salary.html/​|substantial]], and there is ample opportunity for advancement ​in the actuarial professionMoreover, actuarial careers often lead to upper management and executive positions.+Students considering ​the BS track are strongly encouraged ​to consult with their academic advisors early and to plan their schedules carefully to meet the more demanding requirementsTo obtain a BS degree in mathematical sciences with the Data Science & Statistics trackstudents must complete all required core and elective coursework specified ​in the University Bulletin and departmental degree-planning materialsApproximate number of credits is 64--68
  
  
-Refer to the [[https://​www2.math.binghamton.edu/​p/​actuary/​start|Math department section on actuarial sciences for more detailed information.]]+===== Actuarial Tracks (BA/BS) =====
  
-Professional advancement results from passing a series of examinations administered by the actuarial societies and by the completion of specific courses approved by the actuarial societies. ​The BA track in Actuarial Science ​requires 10.5 courses ​in Mathematical Sciences (that is 10 full-semester courses ​and one half-semester course) ​and 2 courses ​in Economics+The Actuarial Science ​track is designed to prepare students for an actuarial careerActuaries use probability models to quantify uncertainty and risk in business problems. They assemble ​and analyze data related to risks in order to answer questions such as how much to charge policyholders for auto, life, or health insurance, how to design retirement plans, ​and how to formulate investment strategies ​in light of future risks. They provide crucial evaluations of risk that inform their companies’ strategic decisions.
  
-To obtain a BA degree ​in mathematical sciences with an actuarial science tracka student must complete 42 credits of courseworkincluding 10.5 courses in Mathematical Sciences ​and two courses ​in EconomicsThe BS  +Because of their central role in decision makingactuaries are well compensated;​ salaries offered to actuaries are **[[https://​www.dwsimpson.com/​salary.html/​|substantial]]**, and there is ample opportunity for advancement ​in the actuarial professionMoreover, ​actuarial ​careers often lead to upper management ​and executive positions.
-degree with an actuarial ​science track requires 58 credits of coursework, including 14.5 courses in Mathematical Sciences ​and 4 courses in Economics.+
  
 +Refer to the **[[https://​www2.math.binghamton.edu/​p/​actuary/​start|Math department section on actuarial sciences]]** for more detailed information.
  
 +Professional advancement results from passing a series of examinations administered by the actuarial societies and by completing specific courses approved by these societies. ​
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 +To obtain a BA degree in mathematical sciences with an actuarial science track, a student must complete 52 credits of coursework, including 11 courses in Mathematical Sciences and 2 courses in Economics. The BS degree with an actuarial science track requires 76 credits of coursework, including 15 courses in Mathematical Sciences and 4 courses in Economics.
  
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ug/overview.1763529450.txt · Last modified: 2025/11/19 00:17 by kargin