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The Math For Business Program
The Math For Business Program
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Contact Us

Actuarial Program Director:
Dr. Wafaa Shaban  (Webpage)

Undergraduate Coordinator:
Dr. Kim Harris

Actuarial Resources

  • Actuarial Events/Pictures
  • Actuarial Exams Success
  • Actuarial Scholarships at UNCC
  • Actuarial Science Club
  • Actuarial Science Program

Helpful Links

  • Actuarial Foundaton
  • Actuarial Scholarships
  • Actuary.com
  • Be an Actuary
  • Casualty Actuarial Society
  • Society of Actuaries

Math For Business Program – MABU

  • Congratulations for Passing Actuarial Exams in 2022: Cali Howell (FM in April), Laura Dotter (FM in June), John Cernava (P in July), Jacob Elmore (FM in October), Paislee Garland (FM-October), Christian Greco (FM-October), Cali Howell (P-November), Nikhil Vasanth (FM-December).
  • Annual Actuarial Science Day and Career Fair on September 23rd: Hosted by the Actuarial Science Program and the Actuarial Science Club on Friday, September 23, 2022 at UNC Charlotte in the Student Union Room 340.  Open to any major and students from nearby colleges and high schools. Guest speakers and presentations 10 am – 1 pm, followed by lunch 1 pm – 2 pm, and career fair 2 pm – 4 pm. Registration at:  https://charlotte-csm.symplicity.com/events/actuarial22. More information email washaban@uncc.edu or gwcrosby@uncc.edu.
  • Thank you alumni and friends for the continued support! To give to the “Math Scholarship Fund”, open the “GIVING” tab on the Math Department website, click on the green “Give Now” box, scroll to the bottom of the screen, and type “Math” in the search box. Select “Math Scholarship Fund” or “Mathematics and Statistics Department Fund”.

  • M.S. in Math with a Concentration in Actuarial Statistics: This degree provides advanced skills and knowledge to individuals seeking actuarial careers in insurance and financial institutions. In addition to acquiring statistical and computational skills, the required courses for this concentration are designed to prepare students for the Actuarial Exams needed to earn an Actuarial Designation. Students may apply for the “Early Entry Program” and begin with the graduate degree before completion of the BA/BS. Catalog


Analytic and quantitative skills have become increasingly important as business practices have become more theoretical and vast amounts of data have become available along with the computing power to analyze it. Traditional undergraduate mathematics programs have been oriented to pure mathematics or towards applications in physics or engineering.

The Mathematics and Statistics Department of the University of North Carolina at Charlotte is now offering a Bachelor Degree in Mathematics for Business.The Mathematics for Business program is a solid and practical applied mathematics program that tightens the focus on business applications to better prepare students for a successful career path in the areas of insurance, finance, banking, and economics.

The Mathematics for Business program has a B.A. and a B.S. degree track. The B.S. program offers concentrations in Actuarial Science, Operations Research, and Mathematics Economic/Finance. Graduates of the proposed program in Mathematics for Business will be a valuable asset to the community. They will bring expertise in Mathematics, Statistics, and Operations Research along with excellent analytic skills to businesses, financial institutions, insurance firms, and governments of the area. The B.S. degree program when partnered with a program in Economics or Finance is an excellent stepping stone to graduate work in the areas of Economics, Finance, or Mathematical Finance.

Students in this program are also eligible to receive an Undergraduate Certificate in Actuarial Studies. More information


Learn more about our actuarial program from the perspective of a current student


Actuarial Courses Offered in the Fall

MATH 2228/3228Actuarial Science IA/IB: Two Preparatory courses for Actuarial Exam FM/2Prerequisite: Math 1242
STAT 3122/3123Probability and Statistics I/II: Two Preparatory courses for Actuarial Exam P/1Prerequisite: Math 2241
MATH 4228Actuarial Science IIA: First of two Preparatory course for Actuarial Exam LTAMPrerequisite: STAT 3122 & MATH 3228
MATH 4226 Topics in Math: Preparatory undergraduate course for Actuarial Exam IFM/3FPrerequisite: STAT 3123

Actuarial Courses Offered in the Spring

MATH 2228/3228Actuarial Science IA/IB: Two Preparatory courses for Actuarial Exam FM/2Prerequisite: Math 1242
STAT 3122/3123Probability and Statistics I/II: Two Preparatory courses for Actuarial Exam P/1Prerequisite: Math 2241
MATH 4229Actuarial Science IIB: Second Preparatory course for Actuarial Exam LTAMPrerequisite: MATH 4228

Click on this link to check Exams Dates and Deadlines Schedule

Connections with Actuaries, Employers and Actuarial Societies and Organizations:

  • Aflac – Columbia , SC
  • Aon Hewitt
  • Arch MI – Greensboro, NC
  • Arrow Capital
  • AXA
  • BCBS – Durham, NC
  • BCBS – Columbia, SC
  • Brighthouse Financial
  • FTI Consulting – Winston-Salem, NC
  • Lincoln Financial Group – Greensboro
  • MetLife
  • Mutual of Omaha
  • North Carolina Department of Insurance
  • Oliver Wyman
  • SCOR
  • Scottish Re
  • TIAA
  • Unum – Colonial Life – Columbia, SC
  • Willis Towers Watson
  • Zurich Na
  • Society of Actuaries – SOA
  • Casualty Actuarial Society – CAS
  • Casualty Actuaries of the South East  – CASE
  • North Carolina Actuarial Club

Click for more  

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