Wilkes University

Actuarial Science Minor

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Actuarial science is where finance and math intersect - and it’s one of the fastest-growing occupations in the job market right now.

Wilkes University’s minor in actuarial science, the only one of its kind in the region, will help prepare you for a career as an actuary - someone who uses mathematics, statistics and financial theory to analyze the costs of risk and uncertainty, particularly in the insurance and finance industries.

Actuary was ranked the #2 best job by U.S. News. The Bureau of Labor Statistics projects a 22 percent growth over the next decade, surpassing the average for all occupations. The average salary for actuaries with a bachelor’s degree is $100,610. In addition to earning a degree, you must pass a series of exams to become a professional actuary.

As an actuarial science minor, your courses will focus on a number of interrelating subjects, including probability and statistics, finance and economics. The minor requires a minimum of 21 credits, comprising these courses:

Actuarial science student studying

  • ECON 102 Principles of Economics II
  • MATH 111 Calculus I
  • MATH 112 Calculus II
  • MATH 234 Financial Mathematics
  • MATH 351 Probability and Mathematical Statistics I
  • MATH 353 Actuarial Mathematics
  • MATH 356 Actuarial Exam P Preparation

For more information, please contact:

Dr. Fanhui Kong
Associate Professor
Department of Mathematics and Computer Science