An actuary is a business professional who analyzes the financial consequences of risk. In the Actuarial Science minor, students will learn mathematics, statistics, and financial theory essential to study uncertain future events, especially those of concern to insurance in health, life, and properties, as well as how to mitigate them. Through the courses offered through this minor, students will be able to evaluate risk and learn methods to reduce the likelihood and decrease the impact of adverse events that do occur.
In addition to teaching valuable content, the minor will help prepare interested students to take the first five exams administered by actuarial societies, such as Society of Actuaries (SOA) or Casualty Actuarial Society (CAS). The minor will teach courses that map the SOA/CAS syllabus to the course contents so that students are well-equipped to take the first five exams during college or after graduation. Industry practitioners expect applicants to have taken the first 2-3 exams during college and value additional training for the next steps.
See Minor Requirements for further details on how to complete the Actuarial Science minor as well as a comprehensive list of courses. Access and fill out the minor application via this Google Form.
Please contact Julia Aquadro (jra269@cornell.edu), Assistant Director of Undergraduate Advising, with any questions about the minor.