6.

Degree Plan
The BS degree plan for ASFM program showing the sequence of courses suggested in each semester is presented in this section. In addition to the ASFM degree plan and for completeness, we also show the sequence of courses in the preparatory year program.
COURSE ACTUARIAL SCIENCE AND FINANCIAL MATHEMATICS (ASFM) CURRICULUM TITLE LT LB CR COURSE TITLE LT LB
15 3 2 0 0 20 First Year (Freshman) English Composition I ENGL 101 PE MATH ECON IAS ICS 101 101 101 101 102/ 103 Physical Education I Calculus I Prin of Economics I (MICRO)VE Practical Grammar Intro to Computing/ Computer Programming in C 5 1 0 2 2 10 8 4 2 1 1 16 ENGL MATH PYP ME PE 002 002 002 003 002 Preparatory English II Preparatory Math II Preparatory Computer Sciences Preparatory Engineering Technology Prep. Physical Educ. II 15 3 0 0 0 18 5 1 2 2 2 12 8 4 1 1 1 15

CR

Prep Year (Preparatory) Preparatory English I ENGL 001 MATH PYP PYP PE 001 001 003 001 Preparatory Math I Preparatory Physical Sciences University Study Skills Preparatory Physical Education I

Total credit hours required in Preparatory Program: 31 3 0 4 3 2 2 0 2 0 0 0 3 3 1 4 3 2 3 IAS PE ENGL MATH ACCT ECON 111 102 102 102 201 202 Belief and its Conseq. Physical Education II English Composition II Calculus II Prin of Accounting I Prin of Economics II (MACRO)VE General Studies I 2 0 3 4 2 3 0 2 0 0 2 0 2 1 3 4 3 3

GS 14 Second Year (Sophomore) Objective Writing IAS 201 ASFM MATH ACCT STAT ENGL 201 201 202 213 214 Financial MathematicsFM Calculus III Prin of Accounting II (investment acct) Statistical Methods for ActuariesVS Technical Report Writing 2 3 3 2 2 3 15 Third Year (Junior) IAS STAT STAT FIN ASFM ASFM STAT 311 302 310 320 381 388 416 Islamic Shariah Statistical Inference Regression AnalysisVS InvestmentsVF Actuarial Contingencies IC Actuarial Lab II Stochastic Process for ActuariesM 2 3 3 3 3 0 3 17 0 0 0 0 0 1 0 1 2 3 3 3 3 1 3 18 ASFM MATH FIN STAT FIN ASFM ASFM 5 0 0 0 2 2 0 4 16 2 3 3 3 3 3 17 IAS MATH FIN MATH ASFM STAT

xxx

3 17

0 4 0 0 0 0 1 0 1 0 0 0 0 0 0

3 19 2 3 3 3 1 3 15 3 3 3 3 3 3

212 202 250 280 288 301

Professional Ethics Elements of Differential Equations Financial Management IVF Intro to Linear Algebra Actuarial Lab I Intro to Probability TheoryP

2 3 3 3 0 3 14

322 430 460 470 482 483

Quantitative Meth for Actuaries Risk Mgt, Conventional and Islamic Insurance Time SeriesVS Financial Engineering Actuarial Contingencies IIC Actuarial Risk Theory and Credibility

3 3 3 3 3 3

18 350 Third year Summer Cooperative work 0

0 0

18 0

Fourth Year (Senior) Cooperative work ASFM 351 (continued) ASFM 352
Cooperative work (continued)

0 0

0 0

9 0

xxx ASFM ASFM

xxx xxx xxx

Free Elective I ASFM Elective I ASFM Elective II

3 3 3

0 0 0

3 3 3

GS IAS 0 0 9

xxx 418

General Studies II Contemporary Financial Transactions in Islam

3 2 14

0 0 0

3 2 14

Total credit hours required in Degree Program: 126 Total credit hours required in General Education Hours: 61 Total credit hours required in Major Requirement Hours: 47 Cooperative Work Hours: 9 Total credit hours required in Major Electives: 6 Total credit hours required in Other Electives: 3 VF VE VS P F M C courses covering Finance topics for the SOA Validation by Educational Experience (VEE) courses covering Economics topics for the SOA Validation by Educational Experience (VEE) courses covering Applied Statistical Methods topics for the SOA Validation by Educational Experience (VEE) courses covering topics for the SOA professional exam P (Probability) courses covering topics for the SOA professional exam FM (Financial Mathematics) courses covering topics for the SOA professional exam M (Actuarial Models) courses covering topics for the SOA professional exam C (Constructing & Validating Actuarial Models)

Blue colored font = Actuarial Related courses Red colored font = Finance and Business Related courses ASFM = Actuarial Science and Financial Mathematics.

20

BSc in Actuarial Science and Financial Mathematics College of Science Department of Mathematics & Statistics
F I R S T Y E A R

IAS 101

ENGL 101

PE 101

ICS 102/103

ECON 101

MATH 101

IAS 111

ENGL 102

PE 102

ACCT 201

ECON 202

MATH 102

General Studies I

S E C O N D Y E A R

IAS 201

ENGL 214

ACCT 202

MATH 201

STAT 213

ASFM 201

IAS 212

FIN 250

MATH 202

MATH 280

STAT 301

ASFM 288 Lab 1

T H I R D Y E A R

IAS 311

FIN 320

STAT 302

STAT 416

ASFM 381

STAT 310

ASFM 388 Lab 2

FIN 430

FIN 470

MATH 322

STAT 460

ASFM 483

ASFM 482

COOPERATIVE WORK
F O U R T H Y E A R

PROGRAM ASFM 350, 351 & 352

IAS 418

Free Elective I**

General Studies II

ASFM Elective I*

ASFM Elective II*

* Any 3 credit hour course listed under Major electives with approval of advisor ** Any 3 credit hour course including those listed under Major electives with approval of advisor