Minor in Actuarial Mathematics
Students enrolling in the actuarial mathematics minor should have normally completed a minimum of 30 credits of course work and be in good academic standing. The following rules apply:
- The minor consists of a minimum of 18 credits, including at least nine credits in courses at or above the 300 level.
- At least nine credits of the 18 credits required for the minor must be taken in residence at AUS.
- At least six credits of the nine credits at or above the 300 level must be taken in residence at AUS.
- A minimum GPA of 2.00 must be earned in courses completed to satisfy the minor.
Students seeking a minor in actuarial mathematics must successfully complete the following courses or their equivalent. All course prerequisites must be satisfied.
MINOR REQUIREMENTS (12 CREDITS)
- MTH 102 Mathematics for Business II or
MTH 103 Calculus I or
MTH 111 Mathematics for Architects - MTH 304 Mathematics of Finance
- MTH 305 Life Contingencies
- one of the following:
- STA 201 Introduction to Statistics for Engineering and Natural Sciences
- STA 202 Introduction to Statistics for Social Sciences
- QBA 201 Quantitative Business Analysis
- NGN 111 Introduction to Statistical Analysis, plus MTH 243 Introduction to Mathematical Programming or a one-credit directed study in actuarial mathematics
MINOR ELECTIVES (MINIMUM OF 6 CREDITS)
Students must successfully complete a minimum of six credits in courses selected from the following list:
- MTH 307 Theory of Risk
- MTH 350 Introduction to Probability or MTH 360 Probability and Stochastic Processes
- MTH or STA 394/494 approved special topic courses in the areas of actuarial mathematics, probability and statistics. Consult the online course catalog or the online class schedule accessible via the AUS student information system to verify course classifications.
- ECO 351 Introduction to Econometrics or
- FIN 330 Investments or
- FIN 389 Advanced Financial Modeling or
- One 400-level course in FIN
