Actuarial Science Minors

Coordinator: James Parson

An actuary is someone who uses knowledge of mathematics and finance to manage financial uncertainty. Actuaries work for insurance companies, for private corporations, for the government, and as consultants. Being an actuary is consistently ranked as one of the best jobs in America – where people are happiest and best-paid. The goal of this minor is to help prepare students to be an actuary.

Students pursuing the actuarial science minor usually major in a related field; students with majors other than the ones listed below should contact the coordinator to design an appropriate program.

Actuarial Science Minor for Business Administration Major

Courses:

ECON 480Econometrics

3.0

MATH 201Calculus I

4.0

MATH 202Calculus II

4.0

MATH 253Multivariable Calculus

4.0

MATH 351Probability and Statistics

3.0

Total Credit Hours:18.0

Actuarial Science Minor for Economics Major

Courses:

MATH 202Calculus II

4.0

MATH 253Multivariable Calculus

4.0

MATH 339Linear Algebra

3.0

MATH 351Probability and Statistics

3.0

MGMT 281Principles of Financial Accounting

3.0

Total Credit Hours:17.0

Actuarial Science Minor for Mathematics Major

Courses:

ECON 205Principles of Macroeconomics

3.0

ECON 206Principles of Microeconomics

3.0

ECMG 303Principles of Finance & Investment

3.0

ECON 306Microeconomic Analysis

3.0

ECON 480Econometrics

3.0

MGMT 281Principles of Financial Accounting

3.0

Total Credit Hours:18.0
Mathematics majors must choose MATH 351 Probability and Statistics when choosing courses for the major. Students are also encouraged to choose MATH 320 Modeling and Simulation as part of the mathematics major.