The mission of the Department of Mathematics and Statistics is to serve NDU students by integrating preparatory education; the general education core; remedial and service courses for science, architecture, business and engineering; and mathematics or actuarial sciences majors at the undergraduate and graduate levels. The Department promotes excellence in teaching and offers a broad selection of courses that can be tailored to meet diverse student needs. Moreover, the Department is committed to enhancing and developing its research output and to supporting other professional activities.
Programs of Study
The Department offers programs in Mathematics and Actuarial Sciences leading to the degrees of:
- BS in Mathematics (90 credits);
- BS in Actuarial Sciences (94 credits);
- MS in Mathematics (33 credits);
- MS in Financial Mathematics (33 credits);
- MS in Actuarial Sciences (30 credits).
The Department also offers the following minors:
- Minor in Actuarial Sciences (18 credits);
- Minor in Mathematics (15 credits).
The undergraduate program in Mathematics leads to a B.S. in Mathematics, B.S. in Actuarial as well as a minor in Mathematics or a minor in Actuarial Sciences.
The B.S. in Mathematics is designed for students who value the study of mathematics for its own sake, and for its applications. The Mathematics track is recommended for those who seek employment in mathematics and those interested in a Master’s degree or in pursuing a Ph.D. to prepare for a career in research or university-level teaching.
The Mathematics minor provides an excellent foundation in mathematics, which can serve a student well in careers that require quantitative analysis. The Mathematics minor can also provide an enjoyable supplement for students who love mathematics but have already decided to pursue another major.
The B.S. in Actuarial Sciences is designed for students who want to become actuaries and want a program that integrates business, economics, and mathematics. Actuaries are trained to analyze risk and are typically employed by insurance companies, banks, the government, and companies that handle retirement funds.
The minor in Actuarial Sciences is tailored to the needs of students interested in actuarial careers, especially in business. It provides students with the necessary knowledge to work in life and health insurance, pension funds, and financial security.