Actuarial Science Minor

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Affiliation: School of Sciences & Mathematics

For those considering a career in risk assessment for insurance, business and other industries, they should equip themselves for success with Truman’s Actuarial Science minor. When students pursue an Actuarial Science minor, they take classes in economics, mathematics, and statistics to prepare themselves for the first two actuarial exams, which serve as the gateway into the profession.

GRADUATION REQUIREMENTS:

A 2.00 GPA in minor requirements.
At least nine hours of the program requirements must be completed at Truman State University.

Program Requirements:

The Actuarial Science Minor requires the successful completion of 26-27 credit hours of the following coursework or their equivalents:

MATH 330 - Mathematics of Finance Credit(s): 3
STAT 290 - Statistics Credit(s): 3
STAT 570 - Mathematical Probability and Statistics I Credit(s): 3
STAT 571 - Mathematical Probability and Statistics II Credit(s): 3
ACCT 220 - Introduction to Financial Accounting Credit(s): 3
BSAD 329 - Principles of Finance Credit(s): 3

Choose one of the following:

ECON 200 - Principles of Macroeconomics Credit(s): 3 AND
ECON 201 - Principles of Microeconomics
Credit(s): 3
ECON 205 - Principles of Economics Credit(s): 5

Choose one of the following

BSAD 420 - Investments Credit(s): 3
STAT 478 - Regression Analysis Credit(s): 3
STAT 481 - Loss Models Credit(s): 3
MATH 425 - Introduction to the Mathematics of Life Contingencies Credit(s): 3