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Showing 1 to 15 of 42 results Save | Export
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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
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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
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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
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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
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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
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Piercey, Victor – PRIMUS, 2021
Since the content of the Theory of Interest course in an actuarial science program is tied to an external exam, instructors may be hesitant to attempt to use inquiry-based learning. In this paper, I outline how and why I did so, including descriptions of the materials that I wrote. I found that student performance on the final exam improved…
Descriptors: Risk Management, Inquiry, Mathematics, Money Management
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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
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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
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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
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Smith, Richard Manning; Schumacher, Phyllis A. – College Student Journal, 2005
A study of undergraduate actuarial graduates found that math SAT scores, verbal SAT scores, percentile rank in high school graduating class, and percentage score on a college mathematics placement exam had some relevance to forecasting the students' grade point averages in their major. For both males and females, percentile rank in high school…
Descriptors: Scores, Gender Differences, Predictor Variables, Undergraduate Students
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Wamala, Robert; Maswere, Dyson W.; Mwanga, Yeko – American Journal of Business Education, 2013
This study investigates the role of prior grounding attained in mathematics in predicting the academic achievement of enrollees in Bachelor of Science in Actuarial Science (BSAS). The investigation is based on administrative records of 240 BSAS enrollees at Makerere University, School of Statistics and Planning in the 2007-2009 cohorts. Students'…
Descriptors: Foreign Countries, Mathematics Achievement, Academic Achievement, Grade Point Average
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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
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Tuttle, Jerome E. – Mathematics Teacher, 1990
Discussed are some applications of mathematics involved in actuarial science which may be taught in high school mathematics classes. Described are the importance of approximate solutions, multiple answers, and selling the solution to a problem. (CW)
Descriptors: Creative Thinking, Learning Strategies, Mathematical Applications, Mathematics Curriculum
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Schumacher, Phyllis; Olinsky, Alan; Quinn, John; Smith, Richard – Journal of Education for Business, 2010
The authors extended previous research by 2 of the authors who conducted a study designed to predict the successful completion of students enrolled in an actuarial program. They used logistic regression to determine the probability of an actuarial student graduating in the major or dropping out. They compared the results of this study with those…
Descriptors: Regression (Statistics), Classification, Probability, Comparative Analysis
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Warren, Bette – American Mathematical Monthly, 1982
Details are provided of a program on actuarial training developed at the State University of New York (SUNY) at Binghamton through the Department of Mathematical Sciences. An outline of its operation, including a few statistics on students in the program, is included. (MP)
Descriptors: College Mathematics, Higher Education, Mathematical Applications, Mathematics Instruction
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