Actuarial Science, Undergraduate Minor

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About the Actuarial Science Undergraduate Minor Program

Contact: Dr. Alexandre Trindade, Department of Mathematics and Statistics, 806.834.6164, alex.trindade@ttu.edu, or Dr. Lih-Ing Roeger, Department of Mathematics and Statistics, 806.834.6265, lih-ing.roeger@ttu.edu.

The interdisciplinary minor in actuarial science builds a foundation for students interested in a profession that provides advice and solutions for business and societal problems involving economic risk. To secure an entry-level position, a prospective actuary is expected to have passed several society (CAS/SOA) exams, as well as have acquired validation through education experience (VEE) credits in three areas: applied statistical methods, corporate finance, and economics. The varied courses in this interdisciplinary minor prepare students for most of these entry requirements.

Required Courses

MATH 3356 - Quantitative Theory of Interest 3 Semester Credit Hours
MATH 4342 - Mathematical Statistics 3 Semester Credit Hours

Suggested Courses

The suggested courses for the minor are any six of the following:

MATH 4343 - Mathematical Statistics 3 Semester Credit Hours
FIN 3320 - Financial Management 3 Semester Credit Hours
FIN 3322 - Corporation Finance I 3 Semester Credit Hours
FIN 4329 - Fixed Income Analysis 3 Semester Credit Hours
ECO 2301 - Principles of Economics I 3 Semester Credit Hours
OR
AAEC 2305 - Fundamentals of Agricultural and Applied Economics 3 Semester Credit Hours
ECO 2302 - Principles of Economics II 3 Semester Credit Hours
ECO 4305 - Introduction to Econometrics 3 Semester Credit Hours
OR
AAEC 4302 - Statistical Methods in Agricultural Research 3 Semester Credit Hours