228 Main Street
Farmington, ME 04938
Phone: (207) 778-7120
FAX: (207) 778-7125
TDD: (207) 778-7000
e-Mail: michael.molinsky@maine.edu




Actuarial Science

This new concentration of the Bachelor of Arts degree in Interdisciplinary Studies will be available starting in Fall 2013.  Actuaries specialize in the evaluation of insurance and financial risks. They hold positions of responsibility with insurance companies, consulting firms, investment banks, self-insurers, government regulators, and government insurance programs. The industry requires an interdisciplinary skill set, including skills in Mathematics, Computer Science, Business, and Economics.

The Actuarial Science concentration is specifically designed to prepare students for a career as an actuary. Moreover, together with the UMF’s liberal arts education, students completing this concentration have a broad foundation that will prepare them for many different business-oriented careers. Students completing the Actuarial Science concentration will have a good foundation in the material for the actuarial industry’s first two exams and will have completed two and a half of the industry’s three required Validation by Educational Experience (VEE) requirements.

Click here to view the complete 2013-2014 catalog description of the program.

The table below presents one possible schedule for the completion of a Bachelor of Arts degree in Interdisciplinary Studies – Actuarial Science in four years, for students entering under the 2013-2014 college catalog.

Fall Spring
First Year MAT 141M Calculus I

ECO 110S Principles of Economics

ENG 100 First-Year Writing Seminar

General Education (Open Elective)*

FYS 100 First-Year Seminar

MAT 142 Calculus II [S]

BUS 208 Accounting Principles

General Education (Humanities)*

PHE 010

Sophomore MAT 220 Data Analysis [F]

MAT 241 Calculus III [F]

BUS 210 Principles of Management

General Education (Natural Science)

MAT 367 Intermediate Statistics [OS]

BUS 340 Managerial Finance

COS 140 Introduction to Computer Science

General Education (Natural Science)

Junior MAT 371 Mathematical Probability [F]

BUS 345 Investment Management

ECO 309 Macroeconomics

BUS 250 Applications of Technology

MAT 251 Linear Algebra [S]

MAT 325 Interest Theory [ES]

ECO 308 Microeconomics

General Education (Social Science)

Senior General Education (Arts)








*If you have not passed 2 years of one foreign language in the high school, then these slots should be filled by two semesters of one foreign language at the college level.

[F] – This course is offered only in the Fall semester

[S]– This course is offered only in the Spring semester

[ES] - This course is offered only in the Spring semester of even years

[OS] – This course is offered only in the Spring semester of odd years