Students interested in pursuing this joint major must be granted formal admission to the program upon application to the Undergraduate Business Admissions Committee. To graduate from Wake Forest University with a major in mathematical business, the student must satisfy the requirements for graduation of both the Department of Statistical Sciences and the School of Business. This interdisciplinary program, consisting of a minimum of 49.5 hours, prepares students for careers in business with a strong background in mathematics. The major has the following course requirements:
| Code | Title | Hours |
|---|---|---|
| Prerequisites for Admission | ||
| ACC 111 | Introductory Financial Accounting | 3 |
| ECN 150 | Introduction to Economics | 3 |
| MTH 112 | Calculus with Analytic Geometry II | 4 |
| STA 112 | Introduction to Regression and Data Science | 3 |
| Core Requirements | ||
| ACC 221 | Introductory Management Accounting | 3 |
| BEM 211 | Organizational Behavior | 3 |
| BEM 221 | Principles of Marketing | 3 |
| BEM 241 | Productions and Operations Management | 3 |
| BEM 251 | Management Information Systems | 3 |
| BEM 261 | Legal Environment of Business | 3 |
| BEM 388 | Management Simulation | 1.5 |
| FIN 231 | Principles of Finance | 3 |
| Required Major Courses | ||
| BEM 392 | Seminar in Mathematical Business Analysis | 3 |
| MTH 121 | Linear Algebra I | 3 |
| MTH 253 | Operations Research | 3 |
| STA 310 | Probability | 3 |
| or MTH 357 | Probability | |
| STA 363 | Introduction to Statistical Learning | 3 |
| Select a minimum of two additional courses * | 6 | |
| Recommended Electives | ||
| BEM 383 | Seminar in Negotiations | 3 |
| BEM 371 | Strategic Management | 3 |
| or BEM 372 | Strategic Management in Entrepreneurial Firms | |
| CSC 111 & CSC 112 | Introduction to Computer Science and Fundamentals of Computer Science | 8 |
| STA 362 | Multivariate Statistics | 3 |
- *
Chosen from 3 or 4-hour courses among business, computer science, economics, mathematics, or statistics, excluding BEM 201, FIN 203, MTH 381 and STA 383. One elective must be 300-level or higher in either mathematics or statistics; the other elective must be either 200-level or higher in one of these five areas, or CSC 111 or CSC 112.
Students may major in Mathematical Business and also complete the certificate in Actuarial Science, however no courses from the certificate may be used to satisfy any electives from the Mathematical Business Major.
Mathematical Business majors with a minimum cumulative grade point average of 3.0 and a minimum grade point average of 3.5 in the major are eligible to apply for admission to the honors program in mathematical business. The application is available from the program co-directors, and must be submitted prior to the start of a student’s senior year. Honors students write a paper under the supervision of a faculty advisor and also present their work. Those who successfully complete the requirements specified by the School of Business and the Department of Statistical Sciences graduate with the designation "Honors in Mathematical Business." For additional information, interested students should consult with both departments' program directors.