MINOR IN ACTUARIAL SCIENCE (18 hours)

Actuarial science is a multidisciplinary area that is based primarily upon mathematics and its applications to the study and management of risk.

This field represents a career path in mathematics that will be particularly attractive to many students considering the study of mathematics at GCSU. The minor will prepare students for some (but not all) of the examinations necessary to achieve associate status in either the Society of Actuaries or the Casualty Actuary Society, the two professional bodies that oversee individual certification of actuaries in the United States. Entry-level positions in actuarial careers typically command salaries at or near the top by college graduates with a bachelor's degree.

The liberal arts education received by our students provides a superb backdrop against which to offer this minor. Graduates will have the broad perspectives characteristic of a liberal arts education along with the focused technical abilities needed to begin working as actuaries.

Minor Requirements:

Eighteen semester hours with grades of C or better, distributed as follows:

A.

Required (9 hours)

1. FINC 3131

Business Finance

2. ECON 4340

Introductory Econometrics

3. MATH 4621

Introduction to Actuarial Mathematics

B.

Electives (9 hours chosen from the following)

1. MATH 4600

Probability

2. MATH 4620

Mathematical Statistics

3. MATH 4650

Numerical Analysis

4. MATH 4890

Operations Research


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