Actuarial Science / Minor
Program: ASCI
Minor Credit Hours: 26
Minor Requirements
The minor in Actuarial Science will allow students to obtain a deeper understanding of mathematics in combination with statistics and business management in preparation for a career as an actuary or in a related field. The courses will focus on the quantification and management of risk that improve decision-making under uncertainty. Students will cultivate their analytical and problem-solving skills, business skills, communication skills, and computer skills while also preparing to pass the first two actuarial exams.
| Code | Title | Hours |
|---|---|---|
| Required Courses | ||
| MATH 20600 | Applied Calculus | 4 |
| or MATH 20900 | Calculus 1 | |
| MATH 23500 | Calculus 2 | 4 |
| MATH 31500 | Probability Theory | 3 |
| MATH 31600 | Advanced Statistics | 3 |
| MATH 35500 | Financial Mathematics | 3 |
| Statistics Courses | ||
| Select one of the following: | 3 | |
| Biostatistics | ||
| Business Statistics | ||
| Applied Probability and Statistics | ||
| Statistics for the Social Sciences | ||
| Electives | ||
| Students should choose one of the following tracks to fulfill the minor requirements. Note that each track below fulfills a Validation by Educational Experience (VEE) requirement, so it is beneficial to complete both tracks if a student has the extra time and space. | 6 | |
| Basic Macroeconomics and Basic Microeconomics | ||
| Principles of Accounting 1 and Principles of Finance | ||
| Total Hours | 26 | |