Actuarial Science Minor

Goal 1:  Students will master the quantitative and analytical skills required to obtain an entry level position in the actuarial science profession.

Outcome 1.1:  Students will be able to apply and use the fundamentals tools of calculus to solve applied and theoretical mathematical problems.

Outcome 1.2: Students will be able to demonstrate mastery of the computational skills used in probability theory as well as the use of discrete and continuous probability distributions to model various applications in the natural sciences, finance, insurance and the social sciences.

Goal 2: Students will have the knowledge to qualify for professional credentials awarded by the Society of Actuaries and the Casualty Actuary Society.

Outcome 2.1: Students will be able to demonstrate their knowledge of macro and micro economics and obtain VEE (Validation by Educational Experience) credit from professional actuarial societies.

Outcome 2.2: Students will know the content covered in the first two professional actuarial science examinations.

Goal 3: Students will attain proficiency in research methodology and computer technology.

Outcome 3.1: Students will be able to conduct quantitative research using appropriate statistical methodology.

Outcome 3.2: Students will be able to demonstrate proficiency in the use of computer software such as EXCEL and statistical software.

Required Courses
ACC 101Concepts of Financial Acct3
FIN 225Fund of Quantitative Finance3
FIN 201Markets and Institutions3
ASC 300Intro to Actuarial Probability3
ASC 301Actuarial Probability3
Elective Course: Select one from any 300- or 400-level ASC, FIN, or RMI course. A maximum of two (2) courses used to satisfy the Actuarial Science Minor may be double-counted towards another major/minor.3
Total Hours18