What can an actuarial science minor do for you?
A hurricane hits the East Coast. An employee embezzles company funds. A pension fund is running out of money.
Insuring against risks like these is a huge industry.
And insurers always need actuaries who can assess the risk of potential scenarios, such as natural disasters, corporate mismanagement, accidents and terrorism.
By adding an actuarial science minor to your business or math major, you’ll learn how to evaluate financial risk so that you can design, analyze and refine programs to help meet the insurance needs of society.
Becoming an actuary is a great career choice for our mathematic and business majors.
As an actuary, you’ll assess the risk of events occurring and create solutions that minimize risk and its financial impact on companies.
An actuarial science minor is right for you if you have a strong interest in mathematics and business. Courses in accounting, economics and business are offered through our Sigmund Weis School of Business.
Why else should you study to be an actuary here?
Actuarial science students have interned at insurance companies the summer after their junior year, and started their senior year with job offers in hand!
Minor in Actuarial Science. Students minoring in actuarial science will typically have strong interests in mathematics and business. Students taking this minor complete with grades of C- or better the following courses: MATH-211 Multivariate Calculus, MATH-441 Mathematical Statistics, MATH-351 Numerical Computing, MATH-352 Numerical Analysis, CSCI-401 Machine Learning, ACCT-200 Financial Accounting, FINC-340 Corporate Financial Management and either ECON-105 Elements of Economics or both ECON-201 Principles of Macroeconomics and ECON-202 Principles of Microeconomics.
Double-counting restriction for interdisciplinary minors: because this is an interdisciplinary minor, at least 16 semester hours of the minor must not be credited toward the student's major.