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Staples, Susan G. – PRIMUS, 2014

We describe the roles and duties of a director in developing an introductory actuarial program. Degree plan design, specialized exam courses, internship classes, coordination of efforts with Economics and Finance Departments, opportunities for creating a minor in actuarial mathematics, actuarial clubs, career advice, and interaction with actuarial…

Descriptors: College Programs, Risk Assessment, Administrator Role, Program Development

Kennedy, Kristin; Schumacher, Phyllis – PRIMUS, 2014

Bryant University was originally a school for business majors and offered only a few mathematics courses. After becoming accredited by the New England Association of Colleges and Universities in the 1960s, the college was required to upgrade its offerings in the area of mathematics. In the 1970s, the department offerings were increased to include…

Descriptors: Mathematics Education, Risk Assessment, Educational Development, Educational History

Rodgers, Kathy V.; Sarol, Yalçin – PRIMUS, 2014

Students earning a degree in mathematics often seek information on how to apply their mathematical knowledge. One option is to follow a curriculum with an actuarial emphasis designed to prepare students as an applied mathematician in the actuarial field. By developing only two new courses and utilizing existing courses for Validation by…

Descriptors: Program Development, Educational Resources, Risk Assessment, Mathematics Education

Wainwright, Barbara A. – PRIMUS, 2014

This paper focuses on the development of an actuarial science track for the mathematics major at Salisbury University (SU). A timeline from the initial investigation into such a program through the proposal and approval processes is shared for those who might be interested in developing a new actuarial program. It is wise to start small and take…

Descriptors: Program Development, College Programs, Risk Assessment, Mathematics Education

Marchand, Richard J. – PRIMUS, 2014

This paper provides suggestions for preparing students to take the actuarial examination on financial mathematics, SOA/CAS Exam FM/2. It is based on current practices employed at Slippery Rock University, a small public liberal arts university. Detailed descriptions of our Theory of Interest course and subsequent Exam FM/2 prep course are provided…

Descriptors: Risk Assessment, Mathematics Education, Financial Services, Test Preparation

Wilson, Christopher James – PRIMUS, 2014

We describe specific curricular decisions employed at Butler University that have resulted in student achievement in the actuarial science major. The paper includes a discussion of how these decisions might be applied in the context of a new actuarial program.

Descriptors: Majors (Students), Risk Assessment, Educational Objectives, Degree Requirements

Wakefield, Thomas P. – PRIMUS, 2014

The purpose of this article is to describe the actuarial science program at our university and the development of a course to enhance students' problem solving skills while preparing them for Exam P/1 of the Society of Actuaries (SOA) and the Casualty Actuary Society (CAS). The Exam P/1 prep course, formally titled Mathematical Foundations of…

Descriptors: Science Curriculum, Curriculum Enrichment, Test Preparation, Risk Assessment

Marano, Lisa E. – PRIMUS, 2014

In 2007, the B.S. in Applied Mathematics program consisting of five concentrations, including Actuarial Science, began at West Chester University of Pennsylvania, and we graduated our first class (of one) that December. We describe our program, some ideas to consider when planning your own program, and share some of the successes of our program…

Descriptors: College Programs, Program Development, Program Descriptions, Risk Assessment

Mills, Mark A. – PRIMUS, 2014

The article provides details of the process of starting an actuarial science major at a small, liberal arts college. Some critique of the major is included, as well as some challenges that may be faced by others wanting to start such a major at their institution.

Descriptors: Majors (Students), Liberal Arts, Risk Assessment, Program Development

Actuarial Foundation, 2013

"Setting the Stage with Geometry" is a new math program aligned with the National Council of Teachers of Mathematics (NCTM) standards that is designed to help students in grades 6-8 build and reinforce basic geometry skills for measuring 2D and 3D shapes. Developed by The Actuarial Foundation, this program seeks to provide skill-building math…

Descriptors: Mathematics Instruction, Mathematics Skills, Class Activities, Mathematics Activities

Chu, Chi Wing; Chan, Kevin L. T.; Chan, Wai-Sum; Kwong, Koon-Shing – International Journal of Mathematical Education in Science and Technology, 2017

The mathematics education literature shows that encouraging students to develop multiple solutions for given problems has a positive effect on students' understanding and creativity. In this paper, we present an example of multiple-solution problems in statistics involving a set of non-traditional dice. In particular, we consider the exact…

Descriptors: Mathematics Instruction, Statistics, Probability, Games

Actuarial Foundation, 2013

"The Power of Probability" is a new math program aligned with the National Council of Teachers of Mathematics (NCTM) and Common Core State Standards, which gives students opportunities to practice their skills and knowledge of the mathematics of probability. Developed by The Actuarial Foundation, the program's lessons and worksheets motivate…

Descriptors: State Standards, Assignments, Probability, Teaching Guides

Actuarial Foundation, 2013

"Solving the Unknown with Algebra" is a new math program aligned with the National Council of Teachers of Mathematics (NCTM) standards and designed to help students practice pre-algebra skills including using formulas, solving for unknowns, and manipulating equations. Developed by The Actuarial Foundation with Scholastic, this program provides…

Descriptors: Algebra, Teaching Guides, Grade 6, Grade 7

Actuarial Foundation, 2013

"Welcome to Conversions Rock" is a new math program designed to build and reinforce the important skills of converting fractions, decimals, and percents for students in grades 6-8. Developed by The Actuarial Foundation, this program seeks to provide skill-building, real-world math to help students become successful in the classroom and beyond. [A…

Descriptors: Grade 6, Grade 7, Grade 8, Mathematics Instruction

Actuarial Foundation, 2013

"Bars, Lines, & Pies" is a dynamic math program designed to build graphing skills in students, while also showing them the relevance of math in their lives. Developed by The Actuarial Foundation along with Scholastic, the graphing lessons and activities involve engaging, real-world examples about the environment and recycling. In these lessons,…

Descriptors: Graphs, Grade 4, Grade 5, Grade 6