Bachelor of Science (B.S.) in Financial Technology with a Concentration in Actuarial Science Undergraduate Program By Virginia Commonwealth University |Top Universities

Bachelor of Science (B.S.) in Financial Technology with a Concentration in Actuarial Science

Main Subject Area

Accounting and FinanceMain Subject Area

Program overview

Main Subject

Accounting and Finance

Degree

Other

Study Level

Undergraduate

The Bachelor of Science in Financial Technology offers concentrations in actuarial science and financial engineering. The program provides quantitatively oriented students the opportunity to apply mathematical, statistical and programming tools to the financial, risk management and actuarial disciplines. Designed to meet the growing need for quantitative modeling and analysis in finance, risk management and actuarial science, the program is technical and interdisciplinary in nature. The curriculum emphasizes courses in finance, statistics and mathematics with supporting courses in related areas. The actuarial science concentration provides excellent preparation for the basic professional examinations and continued study in actuarial science. Students who complete this concentration also may find employment in areas such as quantitative applications in corporate and public financial policy, actuarial modeling and forecasting, reserves computation and rate making, and computer and information systems in the financial services and risk management industries. Learning goals To support career advancement over time by giving our students the academic foundation in information systems needed for continued professional development. To help students develop the professional skills that will be needed by the businesses and organizations that hire our graduates. To help our students develop ethical awareness so that they are able to deal with an ethical dilemma in the workplace Learning outcomes Upon completing this program, students will know and know how to do the following: Graduates will be able to understand the role of information systems and information technology in the organization, especially as a source of information. Graduates will be able to understand the value of, and be able to use, financial/accounting data to make decisions at both strategic and operating levels within the context of their discipline-specific knowledge. Graduates will be able to communicate effectively both orally and in writing. Graduates will be able to understand the importance to themselves, their organization and the larger community of working effectively in teams. Graduates will be able to use the appropriate quantitative/statistical analysis and reasoning to make business decisions. Graduates will be able to demonstrate an ability to respond appropriately to ethical dilemmas in business. From a scenario (i.e., what is good for some consumers might not be good for society as a whole), the student will be required to identify both sides of the dilemma, state what action they would recommend and incorporate the marketing concept and the American Marketing Association Code of Ethics in developing their recommendation. This program is to provide cutting-edge quantitative skills with mathematical, statistical and programming tools. Graduates will be able to explain and use terminology identified with risk management, demonstrate competence in the use of risk modeling and prepare corporate risk management plans. Graduates will be able to apply mathematical, statistical and programming tools to finance, risk management and actuarial disciplines. In recognition of the growing demand for communication of complex financial information, graduates will be able to clearly articulate financial analysis information in writing and in presentations. Graduates will be able to estimate Value at Risk-VaR (financial/operational) for a business situation and recommend optimal hedging strategies.

Program overview

Main Subject

Accounting and Finance

Degree

Other

Study Level

Undergraduate

The Bachelor of Science in Financial Technology offers concentrations in actuarial science and financial engineering. The program provides quantitatively oriented students the opportunity to apply mathematical, statistical and programming tools to the financial, risk management and actuarial disciplines. Designed to meet the growing need for quantitative modeling and analysis in finance, risk management and actuarial science, the program is technical and interdisciplinary in nature. The curriculum emphasizes courses in finance, statistics and mathematics with supporting courses in related areas. The actuarial science concentration provides excellent preparation for the basic professional examinations and continued study in actuarial science. Students who complete this concentration also may find employment in areas such as quantitative applications in corporate and public financial policy, actuarial modeling and forecasting, reserves computation and rate making, and computer and information systems in the financial services and risk management industries. Learning goals To support career advancement over time by giving our students the academic foundation in information systems needed for continued professional development. To help students develop the professional skills that will be needed by the businesses and organizations that hire our graduates. To help our students develop ethical awareness so that they are able to deal with an ethical dilemma in the workplace Learning outcomes Upon completing this program, students will know and know how to do the following: Graduates will be able to understand the role of information systems and information technology in the organization, especially as a source of information. Graduates will be able to understand the value of, and be able to use, financial/accounting data to make decisions at both strategic and operating levels within the context of their discipline-specific knowledge. Graduates will be able to communicate effectively both orally and in writing. Graduates will be able to understand the importance to themselves, their organization and the larger community of working effectively in teams. Graduates will be able to use the appropriate quantitative/statistical analysis and reasoning to make business decisions. Graduates will be able to demonstrate an ability to respond appropriately to ethical dilemmas in business. From a scenario (i.e., what is good for some consumers might not be good for society as a whole), the student will be required to identify both sides of the dilemma, state what action they would recommend and incorporate the marketing concept and the American Marketing Association Code of Ethics in developing their recommendation. This program is to provide cutting-edge quantitative skills with mathematical, statistical and programming tools. Graduates will be able to explain and use terminology identified with risk management, demonstrate competence in the use of risk modeling and prepare corporate risk management plans. Graduates will be able to apply mathematical, statistical and programming tools to finance, risk management and actuarial disciplines. In recognition of the growing demand for communication of complex financial information, graduates will be able to clearly articulate financial analysis information in writing and in presentations. Graduates will be able to estimate Value at Risk-VaR (financial/operational) for a business situation and recommend optimal hedging strategies.

Admission requirements

80+
6+

Tuition fee and scholarships

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RICHMOND, Va., (Feb. 1, 2006) – Virginia Commonwealth University is one of eight universities nationwide that has earned designation as a National Academic Center of Excellence on Youth Violence Prevention from the Centers for Disease Control and Prevention.The centers serve as models for the prevention of youth violence and foster an environment that encourages collaborations among health scientists, social scientists and the community with the common goal of reducing violence among youth.“VCU’s designation as a Center of Excellence on Youth Violence Prevention is a significant honor that speaks to the expertise, initiative and dedication of our faculty and staff who are committed to addressing youth violence prevention,” said Stephen D. Gottfredson, VCU’s provost and vice president for academic affairs. The VCU center, newly named the VCU Clark-Hill Institute for Positive Youth Development, will provide a basis for extending current efforts in the areas of youth violence research and community engagement. Faculty and researchers from the VCU Center for Promotion of Positive Youth Development and the VCU Center for the Study and Prevention of Youth Violence will be working together to develop and implement community response plans and to evaluate strategies for preventing youth violence.“Given the highly competitive nature of the selection process, the CDC’s selection of VCU represents a strong endorsement of the collaborations that have been established between VCU and the community,” said Albert D. Farrell, Ph.D., professor of psychology at VCU and the institute’s director.The institute also represents the types of efforts that VCU Community Solutions supports in strengthening VCU’s work on critical social issues in the community.The VCU Clark-Hill Institute for Positive Youth Development recognizes the contributions to the field of adolescent development by Maxine L. Clark, Ph.D., a former associate professor of psychology at VCU, and John P. Hill, Ph.D., former chair of the VCU Department of Psychology. Clark, who died in 1995, was involved with research that broadened the understanding of the development of African American adolescents and the role of culture in development. Hill, who died in 1988, was an acclaimed scholar in the field of adolescence. His conceptual and theoretical work shapes much of current teaching and understanding of adolescent psychology. In addition to VCU, the other CDC-funded centers of excellence are at Columbia University; Harvard University; Johns Hopkins University; the University of Hawaii; the University of California’s Berkeley and Riverside campuses; and the University of Illinois’ Chicago campus. VCU psychology, psychiatry, epidemiology and community health faculty involved with the new center include: Robert Cohen, Ph.D., associate director; Kevin Allison, Ph.D., director of community mobilization; Wendy Kliewer, Ph.D., director of training and mentoring; Saba Masho, M.D., director of community surveillance; Aleta Meyer, Ph.D., and Terri Sullivan, Ph.D., research faculty; Torey Edmonds, community liaison; and Anne Greene, director of operations. Elizabeth Erwin, Ph.D., is the director of qualitative inquiry and is from the University of Virginia School of Nursing

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