THE UNIVERSITY OF NORTH CAROLINA AT ASHEVILLE

FACULTY SENATE

Senate Document Number 2508S

Date of Senate Approval 02/14/08

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Statement of Faculty Senate Action:

APC Document 18: Change in Required Courses outside the Major for the Statistics Concentration

Effective Date: Fall 2008 

1. Delete: On page 196, under Concentration in Statistics, item II:

II. Required courses outside the major—9 hours, including: CSCI 201; and either ECON 101 and 301; or ECON 102 and 302; or MGMT 220 and 380; or 6 hours at the 300-400 level approved by the department chair from disciplines which routinely employ statistical methodology.

Add: On page 196, in place of deleted entry:

II. Required courses outside the major—9 hours, including: CSCI 201; and either ECON 102 and 305; or ACCT 215 and ECON 306; or MGMT 220 and 380; or 6 hours at the 300-400 level approved by the department chair from disciplines which routinely employ statistical methodology. Students interested in actuarial science are strongly encouraged to take ACCT 215, ECON 101, 102, 305, and 306.

Impact:  There is no change in the number of hours required for the Statistics Concentration with this substitution. There is no expected impact on the enrollment in the accounting or economics courses.

Rationale: UNC Asheville now has approval for students to receive credit toward actuarial certification in the area of economics for completion of ECON 101 and ECON 102. They also get credit toward actuarial certification in the area of finance for completion of ECON 305 and ECON 306. This change will encourage students to make progress toward actuarial certification while still being able to complete the requirements for the statistics concentration.