2023-2024 Undergraduate General Catalog

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.