Actuarial Science Minor

Collecting, analyzing, and interpreting data and evaluating risk in an insurance industry setting requires a strong background in the disciplines of economics, finance, mathematics, and statistics. This minor gives students from a variety of majors coursework that will help them enter the actuarial profession.

Total hours: 21-22

Required courses:

MAT 250 Calculus and Analytic Geometry I
MAT 308 Calculus and Analytic Geometry II
MAT 309 Calculus and Analytic Geometry III
MAT 543 Financial Mathematics
STA 540 Mathematical Statistics I

Students already taking MAT 250, 308, 309, and STA 540 for another program may substitute these courses with:

ECO 230 Principles of Macroeconomics
ECO 231 Principles of Microeconomics
FIN 330 Principles of Finance
MAT 555 Probability in the Actuarial Sciences
STA 565 Applied Statistics I
STA 567 Introduction to Time Series Analysis

Six hours must be upper-level courses.