Actuarial Science Minor

This program will provide a solid understanding of annuities, yield rates, amortization, sinking funds, and bonds with real-life applications. On completion of the program, the students would have a sound background of actuarial mathematics and risk theory and be able to analyze real-life problems involving life insurance and annuities along with associated premiums and valuations, and also be able to analyze problems involving individual risk models over a short term and collective risk models over a single and an extended period.

Please see the UNLV College of Sciences Department of Mathematics web page for information about department programs, faculty and facilities.  Degree worksheets are available on the UNLV Degrees Directory.

Learning Outcomes

Students that graduate with a minor in the Mathematical Sciences, Actuarial Science Concentration, will:

• Demonstrate a solid understanding of differential and integral calculus, and be able to apply these concepts to a variety of problems.
• Demonstrate a solid understanding of linear algebra and be able to apply these concepts to a variety of problems.
• Able to analyze real-life situations dealing with life insurance, life annuities, and contingent investments.
• Communicate effectively in writing the solution to an actuarial science problem.