Minor in Actuarial Science

About the Minor

The minor in actuarial science is designed to provide students with the quantitative and analytical skills required to obtain an entry level position in the actuarial sciences profession. The coursework will help prepare students for the first two actuarial exams (probability and financial mathematics) and can be applied towards VEE (Validation by Education Experience) credit requirements from professional actuarial societies in the areas of Mathematical Statistics, Accounting and Finance, and Economics. Additional elective coursework will introduce students to appropriate statistical software or more advanced topics relevant to the actuarial sciences profession.

No more than 9.0 credits required by a student’s major may be counted towards this minor.

A grade of “C” (2.0) or better must be earned for each course in this minor for it to be counted.

Students should check the prerequisites of all classes when selecting electives. It is the responsibility of the student to know pre-requisites.

Program Requirements

Required Courses11.0
Mathematics of Investment and Credit
Probability and Statistics I
Probability and Statistics II
Probability and Statistics III
Choose one track8.0
Accounting and Finance Track
Accounting for Professionals
Introduction to Finance **
Economics Track
Principles of Microeconomics
Principles of Macroeconomics
Actuarial Science Electives
Select 2 of the following *6.0
Investment Securities & Markets **
Mathematical Applications of Statistical Software
Actuarial Mathematics
Mathematical Finance
Total Credits25.0

Students may apply any course(s) from the unused track towards the electives requirement.


Students may substitute MATH 311 and MATH 312 for the STAT 201 and STAT 202 pre-requisite requirements for these courses.

Writing-Intensive Course Requirements

In order to graduate, all students must pass three writing-intensive courses after their freshman year. Two writing-intensive courses must be in a student's major. The third can be in any discipline. Students are advised to take one writing-intensive class each year, beginning with the sophomore year, and to avoid “clustering” these courses near the end of their matriculation. Transfer students need to meet with an academic advisor to review the number of writing-intensive courses required to graduate.

A "WI" next to a course in this catalog may indicate that this course can fulfill a writing-intensive requirement. For the most up-to-date list of writing-intensive courses being offered, students should check the Writing Intensive Course List at the University Writing Program. Students scheduling their courses can also conduct a search for courses with the attribute "WI" to bring up a list of all writing-intensive courses available that term.

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