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Actuarial Science Minor

Use mathematics and statistics to create economic growth and have a positive impact on industry, society and the world at large.

Actuarial Science Minor

Use mathematics and statistics to create economic growth and have a positive impact on industry, society and the world at large.

The Actuarial Science minor includes 28 credits combining core and upper-division mathematics and statistics courses. Professional actuary advisers will guide you through the actuarial preparatory track and share timely information regarding actuarial coursework, exams, internships and job opportunities that will help you meet your personal goals.

Actuarial science jobs

Actuaries employ high-level statistical analyses and apply technical and mathematical methods and skills in a variety of industries, from the calculation and analysis of pricing models and financial risk modeling to pension programs, housing markets and health insurance valuation. The Bureau of Labor Statistics projects 22.5 percent employment growth for actuaries between 2016 and 2026. With an average salary of more than $130K, speedy job growth, high personal and professional satisfaction, with the added advantage of being beneficial to society, actuarial science jobs frequently feature in rankings of the best STEM (science, technology, engineering and mathematics) jobs in America.

Requirements

28 credits are required for the minor in actuarial science. These credits are fulfilled by the courses in the checklist below. A minimum GPA of 2.0 is required in this minor. No course used to fulfill requirements for the minor in actuarial science may be taken "S/U".

Restriction: No upper-division courses other than MTH 306 and MTH 341 used to satisfy requirements in a student's major may also be used to satisfy the requirements of the actuarial science minor.

  • MTH 251: Differential Calculus (4)
  • MTH 252: Integral Calculus (4)
  • MTH 253: Infinite Series and Sequences* (4)
  • MTH 254: Vector Calculus I (4)
  • MTH 341: Linear Algebra (3)
  • MTH 361: Introduction to Probability (3)

*MTH 306: Matrix and Power Series Methods (4) may be substituted for MTH 253.

  • MTH 351: Introduction to Numerical Analysis (3)
  • MTH 463: Probability I (3)
  • MTH 464: Probability II (3)
  • MTH 465: Probability III (3)
  • MTH 467: Actuarial Mathematics (3)
  • ST 411: Methods of Data Analysis (4)
  • ST 412: Methods of Data Analysis (4)
  • ST 413: Methods of Data Analysis (4)
  • ST 421: Introduction to Mathematical Statistics (4)
  • ST 422: Introduction to Mathematical Statistics (4)
  • ST 441: Probability, Computing, and Simulation in Statistics (4)
  • ST 443: Applied Stochastic Models (4)

Connect with an advisor

For all queries related to the actuarial science minor, please contact Professor Enrique Thomann:

You can also send inquires to ActuarialInfo@math.oregonstate.edu.

Sample courses

  • Introduction to Mathematical Statistics
  • Applied Stochastic Models
  • Actuarial Mathematics
  • Methods of Data Analysis

Next steps