Including an Exam P/1 Prep Course in a Growing Actuarial Science Program

• Autores: Thomas P. Wakefield
• Localización: Primus: problems, resources, and issues in mathematics undergraduate studies, ISSN 1051-1970, Vol. 24, Nº. 9, 2014, págs. 867-882
• Idioma: inglés
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• Resumen

  • 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 Actuarial Science, has been offered twice by our institution. Since its offering, nine students have sat for Exam P/1 and seven students passed the exam (three students passed on their first attempt). This course has created a new culture emphasizing studying for actuarial examinations and has established camaraderie among actuarial science students at our institution. The Spring 2010 and Spring 2012 versions of the course will be described and compared and future changes to the course will also be presented.