Minor in Actuarial Studies
This minor is open to students from all majors.
Educational objective
The objective of the Minor in Actuarial Studies is to provide students with the necessary knowledge to work in the general areas of actuarial science, mainly life and health insurance, pension funds, and financial security.
Learning outcomes
Graduates in the Minor in Actuarial Studies will attain:
- The ability to understand basic actuarial problems.
- The ability to model basic actuarial problems using mathematical, probabilistic and statistical methods;
- The ability to solve actuarial problems by applying actuarial mathematics in life contingencies, and the ability to apply the concepts of actuarial science in solving problems related to financial security.
Curriculum
The following courses totaling 21 credits are recommended for the Minor in Actuarial Studies.
Mathematical requirements (6 credits)
| Number | Course | Cr |
|---|---|---|
| MTH201 | Calculus III | 3 |
| MTH305 | Probability and Statistics | 3 |
Business requirements (6 credits)
| Number | Course | Cr |
|---|---|---|
| ECO201 | Microeconomics | 3 |
| ECO202 | Macroeconomics | 3 |
Actuarial mathematics courses (9 credits)
| Number | Course | Cr |
|---|---|---|
| MTH402 | Theory of Interest | 3 |
| MTH406 | Life Contingencies I | 3 |
| MTH408 | Life Contingencies II | 3 |
Duration
This program requires 21 credits. The duration will vary depending on how many of those courses can be counted as part of your major courses. Make sure to consult with your advisor.
Location
This minor is offered in Beirut and Byblos.