Actuarial Science Minor
This program is available at the following locations:
- Corvallis
- Ecampus
This minor prepares students for a career as an actuary. Actuarial science is frequently ranked among the top career choices. Actuaries use probability, statistics, fundamentals of calculus, and other mathematical instruments for quantifying, assessing, and managing uncertainties. Actuaries work for insurance companies, banks, investment firms, government institutions, and other businesses where there is a need for risk assessment.
Minor Code: 563
Upon successful completion of the program, students will meet the following learning outcomes:
- Demonstrate mathematical reasoning skills by reading, writing, and explaining formal definitions, theorems, and proofs.
- Analyze mathematical problems by applying the theory and techniques from a variety of mathematical perspectives.
- Use computational technology to support problem solving and mathematical understanding.
- Use mathematical concepts and techniques to recognize, formulate and analyze questions from another discipline.
- Communicate mathematics effectively.
A minimum GPA of 2.0 is required in this minor. No course used to fulfill requirements for this minor may be taken S/U.
The Actuarial Science minor must include 28 credits, at least 12 of which must be upper-division credits.
- Except for MTH 306 and MTH 341, upper-division courses used to satisfy a student's major requirements may not also be used to satisfy requirements for the Actuarial Science minor.
- Except for MTH 306 and MTH 341, upper-division courses used to satisfy a student's additional minor program may not also be used to satisfy requirements for the Actuarial Science minor.
Code | Title | Credits |
---|---|---|
Required Core | ||
MTH 251Z | +*DIFFERENTIAL CALCULUS | 4 |
MTH 252Z | INTEGRAL CALCULUS | 4 |
MTH 253Z | CALCULUS: SEQUENCES AND SERIES | 4 |
or MTH 306 | MATRIX AND POWER SERIES METHODS | |
or MTH 264 & MTH 265 | INTRODUCTION TO MATRIX ALGEBRA and INTRODUCTION TO SERIES | |
MTH 254 | VECTOR CALCULUS I | 4 |
MTH 341 | LINEAR ALGEBRA I | 3 |
MTH 361 | INTRODUCTION TO PROBABILITY | 3 |
Electives | ||
Select at least two upper-division courses from the following: | 6-8 | |
INTRODUCTION TO NUMERICAL ANALYSIS | ||
PROBABILITY I | ||
PROBABILITY II | ||
PROBABILITY III | ||
ACTUARIAL MATHEMATICS | ||
METHODS OF DATA ANALYSIS | ||
METHODS OF DATA ANALYSIS | ||
METHODS OF DATA ANALYSIS | ||
INTRODUCTION TO MATHEMATICAL STATISTICS | ||
INTRODUCTION TO MATHEMATICAL STATISTICS | ||
PROBABILITY, COMPUTING, AND SIMULATION IN STATISTICS | ||
APPLIED STOCHASTIC MODELS | ||
Total Credits | 28-30 |
- *
Baccalaureate Core course. Applies to general education requirements for undergraduate students in a catalog year up to 2024-2025
- +
Core Education course. Applies to general education requirements for undergraduate students in catalog year 2025-2026 and beyond
Minor Code: 563