Actuarial Science Curriculum
Our Actuarial Science degrees offer preliminary exam coursework and additional math experiences to build a strong analysis and problem-solving foundation. In our program, you will also be exposed to a range of multidisciplinary topics including accounting, computer science, economics, finance, insurance and both applied and mathematical statistics to equip you with tools critical for an analytical business professional.
In addition to coursework, it is important that you engage in networking and career enrichment activities to prepare for your professional career. Seated in an internship-rich environment, work-ready skills are an important part of your academic career at MCFAM and these skills are reinforced in a unique practicum course taught in collaboration with the local actuarial industry.
The college you apply to upon admission to the University of Minnesota dictates which degree (BA or BS) you will earn, and a well-rounded education will be earned whether through the College of Liberal Arts or the College of Science and Engineering. Once you declare your major, you will be a part of the Minnesota Center for Financial and Actuarial Mathematics (MCFAM), and the core Actuarial program coursework is the same. Placement and hiring rates are equivalent between both degrees, so we encourage you to choose based on your own strengths and interests.
The Bachelor of Arts option includes a foreign language requirement and Senior (capstone) project.
The Bachelor of Science option requires two semesters of calculus-based physics prior to major declaration.