Michigan State University College of Natural Science 8 courses
The Minor in Actuarial Science, which is administered by the Department of Mathematics within the College of Natural Science, is available as an elective to students who are enrolled in any bachelor’s degree program at Michigan State University. This minor complements a number of major fields such as mathematics, statistics and probability, finance, and economics. It is intended to prepare students for work in insurance companies, banks, investment firms, government work, hospitals and business firms where there is a need to weigh the financial consequences of risk. The Minor in Actuarial Science prepares students for two of the examinations of the Society of Actuaries (SOA): Exam P/1 and Exam FM/2. With the approval of the department that administers the student’s degree program, courses that are used to satisfy the requirements for the minor may also be used to satisfy the requirements for the bachelor’s degree.
All of the following courses
| Code | Course Title | Credits |
|---|---|---|
| FI 311 | Financial Management | 3 |
| FI 321 | Theory of Investments | 3 |
| MTH 360 | Theory of Mathematical Interest | 3 |
| MTH 361 | Financial Mathematics for Actuaries I | 3 |
| STT 441 | Probability and Statistics I: Probability | 3 |
| STT 455 | Actuarial Models I | 3 |
| Total All of the following courses | 18 credits | |
One of the following courses
| Code | Course Title | Credits |
|---|---|---|
| MTH 457 | Introduction to Financial Mathematics | 3 |
| STT 442 | Probability and Statistics II: Statistics | 3 |
| Total One of the following courses | 3 credits | |
Click a course code or title to read the full course description.
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