Since the study of actuarial science deals with using mathematical and statistical methods to anticipate future events and take preventive measures, the actuarial science minor is especially beneficial if your future career contains aspects of risk management.
Courses in economics, mathematics, and statistics also prepare you for the first two actuarial exams, which serve as the gateway into the actuary profession. For details on prerequisites and suggested coursework for a career in actuarial science, check out our actuarial flowchart (PDF).
In addition to the actuary profession, you can use your ability to quantify and manage risk in a wide range of career fields:
- environmental protection
- consumer marketing
- banking and finance
- medical research
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