{"id":11325,"date":"2020-12-16T16:10:41","date_gmt":"2020-12-16T22:10:41","guid":{"rendered":"https:\/\/uwm.edu\/actuarial-science\/?post_type=program&#038;p=11325"},"modified":"2026-04-13T15:46:43","modified_gmt":"2026-04-13T20:46:43","slug":"actuarial-science-minor","status":"publish","type":"program","link":"https:\/\/uwm.edu\/actuarial-science\/academics\/actuarial-science-minor\/","title":{"rendered":"Actuarial Science, Minor"},"content":{"rendered":"\n\n<div id=\"primary\" class=\"content-area\">\n\t<div id=\"main\" class=\"site-main\">\n\t\t\n\n<section id=\"program-intro\" class=\"uwm-u-pt-80 uwm-u-pb-40\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"intro-main\" class=\"uwm-l-col\">\n<header class=\"page-header\">\n    <h1 class=\"entry-title heading-separator\">\n        Actuarial Science, Minor                    <div class=\"program-degree size-h3 uwm-u-mt-20\">Minor<\/div>\n            <\/h1>\n<\/header>\n  \n\n\n\n\n<style>\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\t\t\t\n\t\t\t.hidden.noscript{\n\t\t\t\tdisplay: none;\n\t\t\t}\t\n\t\n\t.notinpdf{\n\t\tdisplay:none;\n\t}\n\t\t\t.areaheader, .symcol {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\t.HU { background-color: #ffce9c; }\n\t\t\t.SS { background-color: #f0e68c; }\n\t\t\t.NS { background-color: #ceefbd; }\n\t\t\t.OWCB { background-color: #ccccff; }\n\t\t\t.QLB { background-color: #ccffff; }\n\t\n\tdl {\n  display: grid;\n  grid-template-columns: max-content auto;\n}\n\ndt {\n  grid-column-start: 1;\n}\n\ndd {\n  grid-column-start: 2;\n}\n<\/style>\n<text>\n  \n<p class=\"intro\">Actuarial science is the quantitative analysis of risk. In addition to mathematics and statistics courses, students in actuarial science take classes in finance, economics and computer programming.<\/p>\n<p>At many universities, actuarial sciences is housed in the business department. We believe that the most successful actuaries have an extensive foundation in mathematics and in the broader liberal arts, and therefore our program is housed in our Department of Mathematical Sciences.<\/p>\n<p>While you will take several business classes, you will also be heavily exposed to the broader context in which risk exists in our lives. Through economics courses and other courses in the social sciences and humanities, you will see how actuarial science is not practiced in a vacuum but has real-life implications and impact on businesses, individuals, and communities as a whole.<\/p>\n<p>Students interested in actuarial science should make every effort to prepare themselves in high school by taking four years of challenging math classes. Ideally, students will enter college ready to start in the first semester of calculus.<\/p>\n<p>As students progress in our program, they begin to take the professional exams required of actuaries, making themselves more attractive job candidates. Our location in Milwaukee, the largest city in Wisconsin and home to many large and small companies, also gives our students easier access to internships and part-time jobs compared to smaller cities. If you are looking for more advanced training beyond the bachelor's level, explore our\u00a0<a href=\"http:\/\/uwm.edu\/math\/graduate\/programs\/ms-program\/\" target=\"_blank\">Master's of Science in Mathematical Sciences<\/a>. In this program, you can obtain graduate-level training in actuarial science.<\/p>\n  \n\n<\/text>\n\n\n    <div id=\"program-details-jump\">\n        <a class=\"uwm-c-button uwm-c-button--s\" href=\"#program-details\" rel=\"\">Jump to Program Details <i class=\"uwm-u-pl-10 fa-solid fa-arrow-down\"><\/i><\/a>\n    <\/div>\n\n    \n\n\n    <div class=\"uwm-l-row uwm-u-mt-50\">\n                    <div class=\"uwm-l-col\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Type<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>Minor<\/strong>\n                <\/p>\n            <\/div>\n        \n                    <div class=\"uwm-l-col uwm-l-offset--2\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Format<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>On Campus<\/strong>\n                <\/p>\n            <\/div>\n            <\/div>\n\n<\/div>\n\n\n\n<div id=\"intro-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n        <div class=\"uwm-mini-rfi uwm-p-card uwm-p-card--gold uwm-p-card--shadow\">\n            <div class=\"uwm-p-card--body\">\n                <div class=\"uwm-p-card--content\">\n                    <div class=\"uwm-p-card--title\">Request Information<\/div>\n                    <div id='form_47e36b1a-64dd-41ea-a6b5-b9deba75dca3'>Loading&#8230;<\/div>                <\/div>\n            <\/div>\n        <\/div>\n        \n\n<div class=\"uwm-u-flex uwm-u-flex--wrap uwm-u-flex--left uwm-u-mt-40\">\n<a class=\"uwm-c-button uwm-c-button--gold uwm-u-mr-20 uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/undergrad-admission\/apply\/\" rel=\"\">Start Your Application<\/a>\n\n\n\n<a class=\"uwm-c-button uwm-c-button--gold uwm-u-mr-20 uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/actuarial-science\/students\/undergraduates\/declare-your-minor\/\" rel=\"\">Declare Your Minor<\/a>\n<\/div>\n\n<script async='async' src='https:\/\/admissions.uwm.edu\/register\/?id=47e36b1a-64dd-41ea-a6b5-b9deba75dca3&amp;output=embed&amp;div=form_47e36b1a-64dd-41ea-a6b5-b9deba75dca3'>\/**\/<\/script>\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\n\n<div class=\"uwm-l-container--base\"><hr class=\"uwm-c-hr--thick uwm-u-m-0\" \/><\/div>\n  \n\n\n\n<section id=\"program-details\" class=\"uwm-u-py-80\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"details-main\" class=\"uwm-l-col\">\n\n<div class=\"uwm-p-tabs\" data-tabs-prefix-class=\"uwm-p-tabs\"><ul class=\"uwm-p-tablist\" data-hx=\"h2\"><li class=\"uwm-p-tablist--item\"><a href=\"#tab-0eyi-requirements\" class=\"uwm-p-tablist--link\">Requirements<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-0eyi-advising\" class=\"uwm-p-tablist--link\">Advising<\/a><\/li><\/ul><div class=\"uwm-p-tabcontent\">\n<div id=\"tab-0eyi-requirements\" class=\"uwm-p-tabcontent--pane\">\n<p class=\"default\">Admission to this minor requires a minimum grade point average of 2.5 in MATH 231, 232, and 233 (or equivalent). These three courses do not count in the minor GPA. Students who have completed these courses with the required grade point average may complete a formal declaration of minor at the department office.<\/p>\n\n\n\n<style>\ntable  {\n   font-family: Helvetica, Arial, \"sans-serif\";\n}\n\t\n\n\t\n\th2, h3, h4 {\n\t\tfont-family: Helvetica, Arial, \"sans-serif\";\n\t\t\n\t}\n\t\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\n\t\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\n\t\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\n\t\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\n\t\t\t\n\t\t\t .hidden.noscript{\n\t\t\t\/*\tdisplay: none; *\/\n\t\t\t}\n\t\t\t\n\t\t\t.areaheader, .symcol, .listsum {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\n\t\t\t.HU { background-color: #ffce9c; }\n\n\t\t\t.SS { background-color: #f0e68c; }\n\n\t\t\t.NS { background-color: #ceefbd; }\n\n\t\t\t.OWCB { background-color: #ccccff; }\n\n\t\t\t.QLB { background-color: #ccffff; }\n<\/style>\n\n\n<h2>Requirements<\/h2>\n<p>Students must complete at least 9 upper-division (numbered 300 and above) credits for the minor in residence at 51ÁÔÆæ. The College of Letters &amp; Science requires that students attain at least a 2.0 GPA on all credits in the minor attempted at 51ÁÔÆæ. In addition, students must attain a 2.0 GPA on all minor credits attempted, including any transfer work.<\/p>\n<table class=\"sc_courselist\">\n<caption class=\"hidden noscript\">Course List<\/caption>\n<colgroup>\n<col class=\"codecol\"\/>\n<col class=\"titlecol\"\/>\n<col align=\"char\" char=\".\" class=\"hourscol\"\/>\n<\/colgroup>\n<thead>\n<tr class=\"hidden noscript\">\n<th scope=\"col\">Code<\/th>\n<th scope=\"col\">Title<\/th>\n<th scope=\"col\" class=\"hourscol\">Credits<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"even areaheader  firstrow\"><td colspan=\"2\"><span class=\"courselistcomment areaheader \">Admission Courses<\/span> <sup>1<\/sup><\/td><td class=\"hourscol\"><\/td><\/tr>\n<tr class=\"odd\"><td colspan=\"2\"><span class=\"courselistcomment\">One of the following calculus sequences (or an equivalent)<\/span><\/td><td class=\"hourscol\">8-12<\/td><\/tr>\n<tr class=\"even\"><td class=\"codecol\"><div style=\"margin-left:20px;\" class=\"blockindent\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 231\">MATH\u00a0231<\/a><br\/><span style=\"margin-left:20px;\" class=\"blockindent\">&amp;\u00a0<a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 232\">MATH\u00a0232<\/a><\/span><br\/><span style=\"margin-left:20px;\" class=\"blockindent\">&amp;\u00a0<a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 233\">MATH\u00a0233<\/a><\/span><\/div><\/td><td>Calculus and Analytic Geometry I<br\/><span style=\"margin-left:20px;\" class=\"blockindent\">and Calculus and Analytic Geometry II<\/span><br\/><span style=\"margin-left:20px;\" class=\"blockindent\">and Calculus and Analytic Geometry III<\/span><\/td><td class=\"hourscol\"><\/td><\/tr>\n<tr class=\"odd\"><td class=\"codecol\"><div style=\"margin-left:20px;\" class=\"blockindent\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 211\">MATH\u00a0211<\/a><br\/><span style=\"margin-left:20px;\" class=\"blockindent\">&amp;\u00a0<a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 212\">MATH\u00a0212<\/a><\/span><\/div><\/td><td>Survey in Calculus and Analytic Geometry I<br\/><span style=\"margin-left:20px;\" class=\"blockindent\">and Survey in Calculus and Analytic Geometry II<\/span><\/td><td class=\"hourscol\"><\/td><\/tr>\n<tr class=\"even areaheader \"><td colspan=\"2\"><span class=\"courselistcomment areaheader \">Required Courses<\/span><\/td><td class=\"hourscol\"><\/td><\/tr>\n<tr class=\"odd\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ACTSCI 290\">ACTSCI\u00a0290<\/a><\/td><td>Introduction to Actuarial Science<\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"even\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ACTSCI 391\">ACTSCI\u00a0391<\/a><\/td><td>Investment Mathematics I<\/td><td class=\"hourscol\">4<\/td><\/tr>\n<tr class=\"odd\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 234\">MATH\u00a0234<\/a><\/td><td>Linear Algebra and Differential Equations<\/td><td class=\"hourscol\">3-4<\/td><\/tr>\n<tr class=\"orclass odd\"><td class=\"codecol orclass\">or\u00a0<a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MATH 240\">MATH\u00a0240<\/a><\/td><td colspan=\"2\"> Matrices and Applications<\/td><\/tr>\n<tr class=\"even\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MTHSTAT 361\">MTHSTAT\u00a0361<\/a><\/td><td>Introduction to Mathematical Statistics I<\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"odd\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MTHSTAT 362\">MTHSTAT\u00a0362<\/a><\/td><td>Introduction to Mathematical Statistics II<\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"even lastrow\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=BUS ADM 450\">BUS\u00a0ADM\u00a0450<\/a><\/td><td>Intermediate Finance <sup>2<\/sup><\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"listsum\"><td colspan=\"2\">Total Credits<\/td><td class=\"hourscol\">27-32<\/td><\/tr><\/tbody>\n<\/table>\n\n<dl class=\"sc_footnotes\" aria-label=\"Footnotes\"><dt> <sup> 1 <\/sup> <\/dt><dd start-indent=\"3%\"><p class=\"noindent\">Admission to the minor requires a minimum GPA of 2.500 in these courses or an equivalent course sequence. Students who have completed these courses with the required GPA may complete a formal declaration of minor at the department office. These courses do not count in the minor GPA.<\/p><\/dd><dt> <sup> 2 <\/sup> <\/dt><dd start-indent=\"3%\"><p class=\"noindent\"><span class=\"sc_courseinline\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=BUS ADM 450\">BUS\u00a0ADM\u00a0450<\/a><\/span>\u00a0should be completed with a grade of B- or better.<\/p><\/dd><\/dl>\n\n\t\t\n<\/div>\n\n\n\n<div id=\"tab-0eyi-advising\" class=\"uwm-p-tabcontent--pane\"><style>\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\t\t\t\n\t\t\t.hidden.noscript{\n\t\t\t\tdisplay: none;\n\t\t\t}\t\n\t\n\t.notinpdf{\n\t\tdisplay:none;\n\t}\n\t\t\t.areaheader, .symcol {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\t.HU { background-color: #ffce9c; }\n\t\t\t.SS { background-color: #f0e68c; }\n\t\t\t.NS { background-color: #ceefbd; }\n\t\t\t.OWCB { background-color: #ccccff; }\n\t\t\t.QLB { background-color: #ccffff; }\n\t\n\tdl {\n  display: grid;\n  grid-template-columns: max-content auto;\n}\n\ndt {\n  grid-column-start: 1;\n}\n\ndd {\n  grid-column-start: 2;\n}\n<\/style>\n<advisingtext name=\"Advising\">\n\n <h2>Letters &amp; Science Minor Advising<\/h2> <p>Advising for the minor takes place within the department by a faculty member or staff member. Follow the steps using the &quot;Declare a Minor&quot; button on the department\u2019s website which may include instructions on how to select a faculty advisor if there is more than one to choose from.<\/p> <p>Students who already have an L&amp;S college advisor because their degree plan is in L&amp;S can discuss the minor with them as well since they will be familiar with any minor in L&amp;S. Students who are working on a degree from a 51ÁÔÆæ college other than the College of Letters &amp; Science will not need an L&amp;S college advisor for just a minor and one will not be assigned. These students should work with the faculty or staff advisor they receive as part of the minor declaration process or contact the department directly for assistance.<\/p> <p>Applicants who have not started classes at 51ÁÔÆæ yet who wish to declare a minor should wait until they are registered for their first 51ÁÔÆæ classes and then can declare the minor using the \u201cDeclare a Minor\u201d button on the program\u2019s website. If you have questions about the minor before then, contact\u00a0<a href=\"mailto:let-sci@uwm.edu\">let-sci@uwm.edu<\/a>.<\/p>\n\n<\/advisingtext>\n\n\n\n<p>Declare your minor using the &#8220;Declare a Minor&#8221; button on the Actuarial Science website and a faculty advisor will contact you. <\/p>\n\n\n\n<p>.<\/p>\n<\/div>\n<\/div><\/div>\n\n<\/div>\n\n\n\n<div id=\"details-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/letters-science\/mathematical-sciences\/actuarial-science-minor\/\" rel=\"\">Academic Catalog<\/a>\n<\/div>\n\n\n\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/course-search\/\" rel=\"\">Schedule of Classes<\/a>\n<\/div>\n\n\n\n\n\n\n    <div class=\"uwm-p-card uwm-p-card--color-head uwm-u-mt-40\">\n        <div class=\"uwm-p-card--title\">Contact<\/div>\n        <div class=\"uwm-p-card--body\">\n            <div class=\"uwm-p-card--content\">\n                <h2 class=\"is-style-size-h5 uwm-u-my-10\">Prospective Undergraduate Students (not yet enrolled at 51ÁÔÆæ)<\/h2>\r\n<p class=\"uwm-u-mt-10 is-style-size-p-md\">Prospective students, contact our admissions counselor at\u00a0<a href=\"mailto:let-sci@uwm.edu\">let-sci@uwm.edu<\/a>\u00a0or\u00a0<a href=\"tel:414-229-7711\">414-229-7711<\/a>.<\/p><h2 class=\"is-style-size-h5 uwm-u-mb-0 uwm-u-mt-30\">Current Undergraduate Students<\/h2>\r\n<p class=\"uwm-u-mt-10 is-style-size-p-md\">General questions such as how to declare, how to change a major, general education requirements, etc. should be directed to the college advising office at\u00a0<a href=\"mailto:ls-advising@uwm.edu\">ls-advising@uwm.edu<\/a>\u00a0or\u00a0<a href=\"tel:414-229-4654\">414-229-4654<\/a>.<\/p><p class=\"uwm-u-mt-10 is-style-size-p-md\">Specific questions about Actuarial Science, such as research opportunities, internship opportunities, major requirements, etc., should be directed to\u00a0<a href=\"mailto:actuarial-science@uwm.edu\">Undergraduate Coordinator, Jessica Gartner<\/a>.<\/p>            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\t<\/div>\n<\/div>\n\n\n","protected":false},"author":6745,"parent":0,"template":"","meta":{"_acf_changed":false,"_uwm_academics_program_template":"page","_uwm_academics_program_navigation":[],"uwm_academics_program_card_image_id":0,"uwm_academics_program_banner_image_id":12134,"uwm_academics_program_sort_title":"","uwm_academics_program_external_url":"","uwm_academics_program_jump_details_btn":true,"_uwm_academics_program_exclude_from_programs_archive_page":false,"_uwm_academics_program_exclude_from_programs_block":false,"_uwm_academics_program_exclude_from_department_page":false,"footnotes":"","uwm_wg_additional_authors":[]},"program_group":[],"program_tag":[],"program_type":[9],"program_format":[15],"program_department":[],"class_list":["post-11325","program","type-program","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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