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 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 students majoring in the Departments of Mathematics and/or Statistics.

Program Requirements

(25 semester hours)

ACC 221Introduction to Financial Accounting3
ACC 222Introduction to Managerial Accounting3
ECO 201Principles of Microeconomics3
ECO 202Principles of Macroeconomics3
FIN 301Introduction to Business Finance3
STA 401/STA 501Probability3
STA 463/STA 563Regression Analysis4
STA 483/STA 583Analysis of Forecasting Systems3
Total Credit Hours25

Students are encouraged to select MTH 447/MTH 547, FIN 401/FIN 501, 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 501, STA 463/STA 563, or STA 483/STA 583 toward the requirements of the major.

The prerequisites for the statistics courses in the program include introductory statistics, calculus and linear algebra.