Program Overview

Program Overview

The Minor in Actuarial Science is designed to prepare students to begin the pathway to becoming an Associate of the Society of Actuaries. The coursework in the minor is selected to satisfy the SOA coursework requirements and teach the material necessary to pass the first set of introductory actuarial exams.

Program Structure

The minor contains two main components:

• Mathematics courses, totaling 22 semester hours, consisting of:
  • MTH 168 Analytic Geometry & Calculus I (4 hours)
  • MTH 169 Analytic Geometry & Calculus II (4 hours)
  • MTH 218 Analytic Geometry & Calculus III (4 hours)
  • MTH 229 Theory of Interest (3 hours)
  • MTH 328 Actuarial Probability Seminar (1 hour)
  • MTH 411 Probability & Statistics I (3 hours)
  • MTH 412 Probability & Statistics II (3 hours)
• Courses in accounting, economics, and finance, totaling 21 semester hours, consisting of:
  • ACC 207 Introduction to Financial Accounting (3 hours)
  • ECO 203 Principles of Microeconomics (3 hours)
  • ECO 204 Principles of Macroeconomics (3 hours)
  • FIN 300 Survey of Financial Management (1 hour)
  • FIN 360 Investments I (3 hours)
  • FIN 470 Fixed Income Securities (3 hours)
  • FIN 480 Options & Futures Markets (3 hours)

Total Program Hours

The total hours required for the minor are 43 semester hours. Mathematics majors pursuing the minor will take five of the mathematics courses as part of their major requirements.