The discipline of actuarial science deals with the mathematical and statistical analysis of risk, especially as it pertains to the insurance and finance industries. Students pursuing a Minor in Actuarial Science  will gain the foundation necessary to prepare for the first two Society of Actuaries exams. 

Curriculum

Course List

Code	Title	Hours
Required Courses
MATH 161	Calculus I	4
MATH 162	Calculus II	4
MATH 263	Multivariable Calculus	4
MATH 212	Linear Algebra	3
STAT 203	Introduction to Probability & Statistics	3
or STAT 335	Introduction to Biostatistics
STAT 304	Introduction to Probability	3
STAT 305	Introduction to Mathematical Statistics	3
STAT 396	Actuarial Seminar I	1
Total Hours		25

Double-Dipping Policy

Per our double dipping policy, at least 6 credit hours must be unique to this minor.

Transfer-Student Residency Requirement

At least 13 credit hours of Actuarial Science Minor must be completed at Loyola

LEARNING OUTCOMES

• Students will understand the foundational mathematics used in the actuarial field including single and multivariable calculus as well as linear algebra.
• Students will learn foundational probability and statistics, enabling a solid understanding of actuarial principles and techniques.
• Students will be prepared for the first actuarial exam.