Actuarial Science
This interdisciplinary minor is designed for students planning to seek certification from the Society of Actuaries (SOA), who need to fulfill Validation of Educational Experience (VEE) credit. Augustana offers courses approved by SOA to fulfill all VEE requirements, allowing students to move more efficiently toward certification. The SOA has approved the courses listed below to fulfill VEE credit in the three indicated areas:
- Economics
ECON 120 – Principles of Economics I, and
ECON 121 – Principles of Economics II
- Applied Statistical Methods
MATH 315 – Probability & Statistics, and
ECON 373 – Econometrics
- Finance
BSAD 330 – Principles of Finance or
BSAD 431 – Advanced Finance
To complete the minor, students must complete courses satisfying at least two of the three VEE areas and their pre-requisites which total between 13 and 16 credits outside their major. Because of the limitations on credit hours:
- Math majors may request the waiver of one required course (ECON 373), in which case they will satisfy VEEs in Economics and Finance,
- Business Administration and Accounting majors must take BSAD 431,
- Business Administration majors with the Finance Emphasis and double majors may qualify for an exemption from the 13 credit hour requirement, with the approval of the Minor Coordinator.