Actuarial Science is perennially ranked among the top ten career choices, and is an excellent option for students with future-oriented minds and a strong aptitude for mathematics and statistics. As an actuary, you will join an elite group that estimates the probability of future events, develops ideas for coping with unexpected losses, and helps shape the way society deals with risk. The Actuarial Science minor offers a wide variety of career paths consistent with many attractive lifestyles. Students who minor in this subject receive a solid foundation for passing professional examinations that are required to become an actuary.
The Economics minor is intended for students who have a strong interest in rigorous economics and want to acquire problem-solving skills and develop a logical way of analyzing various social problems. The minor is especially valuable for students in business administration preparing for an MBA, or in engineering and the natural and physical sciences, as well as students considering graduate work in law and public policy. The minor is also attractive to students who wish to broaden their education and to better understand the forces that shape the modern world. The Economics minor includes coursework in microeconomics, macroeconomics, economic policy, and econometrics. The Department of Economics, Finance and Legal Studies offer a broad range of economic courses with a flexible minor requirement so the students can choose to take courses that match their academic ability, interests, and career goals.
This minor is not available to students who are pursuing majors in Economics or Finance.
The Finance minor is intended for students who have an interest in developing a strong foundation in financial decision-making by offering courses designed to develop the student’s analytical skills and financial problem solving abilities. Such skills can broaden a students career opportunities, as most business decisions are financially based. These same skills are also important when making personal investment decisions, regardless of career. The minor is especially valuable for students preparing for an MBA, or in engineering and the natural and physical sciences, as well as students considering graduate work in business. A Finance minor helps prepare students to apply their major degree to fields such as banking, financial services, corporate finance, investment management, real estate, insurance enterprise risk management and consulting.
This minor is not available to students pursuing majors in Economics or Finance.
The Personal Wealth Management minor qualifies students to sit for the Certified Financial Planner™ exam. The course selection extensively covers all aspects of personal finance including investments, estate planning, taxation, risk management and insurance, employee benefits, and retirement planning. Graduates with the Personal Wealth Management minor often land careers working in or with securities firms, bank trust departments, mutual funds, insurance companies, investment advisory firms, financial planning firms and pension and accounting firms. Students with this minor will gain extensive knowledge of all areas of personal finance and wealth management.
The Real Estate minor continues The University of Alabama’s real estate legacy that began over 80 years ago. Designed to provide students with a background in real estate fundamentals and decision making, the Real Estate minor combines many different academic disciplines including: economics, finance, sales, management, and law. Students have a unique opportunity to be eligible to take the Alabama Real Estate Salesperson License exam after completing two real estate courses, and a Real Estate Minor qualifies graduates for the Institute of Real Estate Management’s Certified Property Manager (CPM) fast track program. Another benefit to students is the Alabama Center for Real Estate’s (ACRE) Collegiate Career Assistance Program (CCAP). Housed within the Culverhouse College of Business, CCAP provides student support and resources for professional development and real estate internship/employment opportunities.
Risk complicates business and life. Every day companies and individuals confront catastrophic risks emanating from natural disasters, lawsuits, fire, and many other sources. Students in the Risk Management, Insurance, and Financial Services minor learn to identify and manage risks. They are trained for careers in the insurance and financial services industries, as professional risk managers, and as knowledgeable consumers as they navigate the risks in their own lives. Culverhouse has been designated a Global Center of Insurance Excellence, ranking among the top schools in the world for students seeking a risk management career.