As of Fall 2026, this program is no longer accepting students.

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. 

Related Programs

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.