Due to the advancement of modern technology, huge amount of data can be collected in real time. Insurance industries is not an exception. The size and types of data related to insurance and financial risks require the use of modern data science techniques to investigate potential insights. The demand of experts in data and risk analytics is increasing dramatically in insurance industry The CMU’s Actuarial and Risk Analytics minor is designed to train students with knowledge and skills in analytics for application in actuarial industries. . If you are interested in career in insurance and financial risk fields, but you do not plan to go through the actuarial exam path, then taking this actuarial and risk analytics minor opens diverse career choices for you in insurance and financial risk fields.
The updated program requirements can be found in the official undergraduate Bulletin