Apr 18, 2024

2022-2023 Undergraduate Catalog

2022-2023 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

Minor in Actuarial Science (29)

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This minor is designed to provide preparatory study in actuarial science. Specifically, students completing the required course work can take the professional Exams P/1 (Probability) and FM/2 (Financial Mathematics) of the Society of Actuaries/Casualty Actuarial Society.

Check departmental information for any additional requirements.

Requirements

Ten or more semester hours in the minor must be taken at NIU.

ACSC 350 - Theory of Interest Credits: 4
ACSC 400X - Introduction to Probability Theory Credits: 3
OR STAT 400 - Introduction to Probability Theory Credits: 3
ACSC 405 - Quantitative Methods for Actuaries Credits: 3
MATH 229 - Calculus I Credits: 4
Available for Foundational Studies Quantitative Literacy Requirement.
MATH 230 - Calculus II Credits: 4
MATH 232 - Calculus III Credits: 4
MATH 240 - Linear Algebra and Applications Credits: 4
STAT 300 - Introduction to Probability and Statistics Credits: 3
Available for Foundational Studies Quantitative Literacy Requirement.