About

This program will provide a solid understanding of annuities, yield rates, amortization, sinking funds, and bonds with real-life applications. On completion of the program, the students would have a sound background of actuarial mathematics and risk theory and be able to analyze real-life problems involving life insurance and annuities along with associated premiums and valuations, and also be able to analyze problems involving individual risk models over a short term and collective risk models over a single and an extended period.

Accreditation

For information regarding accreditation at 51³Ô¹ÏºÚÁÏ, please head over to Academic Program Accreditations.

Learning Outcomes

Students that graduate with a minor in the Mathematical Sciences, Actuarial Science Concentration, will:

  • Demonstrate a solid understanding of differential and integral calculus, and be able to apply these concepts to a variety of problems.
  • Demonstrate a solid understanding of linear algebra and be able to apply these concepts to a variety of problems.
  • Able to analyze real-life situations dealing with life insurance, life annuities, and contingent investments.
  • Communicate effectively in writing the solution to an actuarial science problem.

Requirements

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Documents/Downloads

Minor in Actuarial Science

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Contacts

Department of Mathematical Sciences

Mathematics is the foundation for many technical and scientific fields. Through our curriculum, the Department of Mathematical Sciences helps students along paths that lead to branches of science, technology and mathematical specializations. This allows students to prepare themselves for work in areas such as industry, government, or educational institutions.

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College of Sciences

The School of Life Sciences offers programs that meet the needs of students intending to enter the workforce or pursue advanced training in the sciences, medicine, and other professional and technical fields. We provide a well-rounded foundation in natural, physical, and mathematical sciences that can set students up for successful careers and professional programs.

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