Actuarial Studies

     The Actuarial Studies for Business major prepares students for a career path in the insurance industry, as well as preparing them for a series of actuarial examinations.

Actuarial Studies Requirements

Requirements for Actuarial Studies Majors:

  1. Admission to the BBA program, which requires a minimum GPA of 3.0 (subject to revision) in the first four courses listed below.
  2. A minimum GPA of 2.7 for courses taken as part of the FinTech Concentration at QC.
  3. No individual grade below C- is accepted.
  4. No more than 21 credits can be transferred into the program from other colleges.

19 Required Courses and 2 Electives as follows:

1 ACCT 101: Introduction to the Theory and Practice of Accounting I
2 ACCT 102: Introduction to the Theory and Practice of Accounting II
3 ECON 101: Introduction to Macroeconomics
4 ECON 102: Introduction to Microeconomics
5 MATH 141: Calculus/Differentiation, or MATH 151: Calculus/Differentiation & Integration
6 MATH 142: Calculus/Integration and MATH 143: Calculus/Infinite Series, or MATH 152: Calculus/Integration & Infinite Series
7 MATH 201: Calculus
8 MATH 241: Introduction to Probability and Mathematical Statistics
9 MATH 242: Methods of Mathematical Statistics
Note: Preregistration is strongly advised for Math 242. Students must email Chengcheng Wen, Mathematics Department, at prior to pre-registration.
10 ACCT 261: Business Law I or ACCT 367: Federal and New York State Taxes on Income
11 ECON 201: Macro-Economic Analysis
12 ECON 202: Price Theory
13 BUS 160W : Introduction to Business Writing
14 BUS 241: Corporation Finance
15 BUS 243: Economics of Distribution and Marketing
16 BUS 247: Business Economics
17 BUS 341W: Intermediate Finance
18 CSCI 048: Spreadsheet Programming
19 PHIL 160 : Business Ethics
Choose 2 electives from:

Globalization and Environment Electives
ECON 301: Economics of CryptoAssets
ECON 302: Blockchain and Money
BUS 390: Machine Learning in Business
BUS 305: Foundations in FinTech

6 Recommended Courses for Actuarial Examination:

1 BUS 353: Options and Futures Markets
2 MATH 116: Mathematics of Finance
3 MATH 271: Actuarial Mathematics I: Calculus and Probability
4 MATH 272: Actuarial Mathematics II: Probability and Risk Management
5 BUS 350: Investment Analysis
6 BUS 352: Investment Management

Important Announcement for Actuarial Studies Majors:

Please do not wait until your last semester to take Math 242. It is a course that closes quickly, often during preregistration. When you determine the semester you plan on taking Math 242, please email your name, cuny id, and desired semester to Please note that your request must be submitted no later than the first week of the semester that you plan on REGISTERING for Math 242. There are no guarantees that you will be able to take the course during your desired semester, therefore, please do not want until your LAST semester at QC to take this course.

Actuarial Science from Math department:

Students who wish to pursue a career as an actuary may also opt to major in Mathematics, pursuing the Actuarial Science option. Please see for information about this option and for more information about the actuarial exams