Actuarial Science Minor

For information, contact the Department of Statistics, 311 Upham Hall, 513-529-7828.

This minor is designed for students who are preparing for a possible career as an actuary. Courses in the minor may also be used to satisfy the requirements of a major.

All courses in this minor must be taken for a grade, not credit/no-credit.

This minor satisfies the Thematic Sequence requirement of the Miami Plan for all students including those majoring in the Departments of Mathematics or Statistics.

Program Requirements

ACC 221Introduction to Financial Accounting3
ACC 222Introduction to Managerial Accounting3
ECO 201Principles of Microeconomics3
ECO 202Principles of Macroeconomics3
FIN 301Introduction to Business Finance3
STA 401Probability3
STA 462Inferential Statistics3
STA 463Regression Analysis4
Total Credit Hours25

Students are encouraged to select MTH 447, FIN 401, and/or FIN 404 as an elective course that will enhance this program.

Students in the Bachelor of Arts in Mathematics may count at most two courses from STA 401, STA 462, or STA 463 toward the requirements of the major.

The prerequisites for the statistics courses in the program include calculus, linear algebra, introductory statistics, and an introduction to statistical model (STA 363).