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Actuarial Mathematics (Minor)

Prepare for a future in risk analysis and financial modeling with a minor in actuarial mathematics. Open to undergraduates in any major, this program builds a strong foundation in calculus, probability and actuarial science to equip you for careers in insurance, finance or beyond.
Type: Minor
Format: In-Person
Credit Hours: 21
College: College of Arts and Sciences
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Provides undergraduates with a rigorous foundation in calculus, probability, statistics and actuarial science. Designed to complement any major, it develops analytical and problem-solving skills valued in finance, insurance and risk management. Students complete 21 credit hours, including specialized courses such as "Theory of Interest and Foundations of Actuarial Science," preparing them for professional exams and careers where quantitative expertise is in demand.

This program was approved for students entering the university in the Summer 2025-Spring 2026 catalog year. For more information about catalog year, go to Catalog Year Information.

Minor in Actuarial Mathematics         
Unit: College of Arts and Sciences (AS)
Department:  Mathematics
Academic Plan Code(s): MATAMINOR

Program Requirements

MATH 205Calculus I - QR4
MATH 206Calculus II4
MATH 301Calculus III4
MATH 372Theory of Interest3
or MATH 562 Mathematical Statistics
MATH 561Probability3
MATH 570Foundations of Actuarial Science3
Minimum Total Hours21

At least three (3) semester hours of the requirements for a minor must be successfully completed while enrolled in the University of Louisville.

For a minor in Mathematics, at least six (6) hours in courses numbered 311 or higher must be successfully completed in the Department of Mathematics at the University of Louisville.