1. SAM Freshman & Sophomore Workshop

2. CAS (Property/Casualty)
What is an Actuary
Definition: Technically trained business professional who manages risk for insurance and consulting firms
Pricing/Reserving
SOA (Life/Health)
Insurance
Consulting
CAS (Property/Casualty)
Top Job (multiple sources including CNN Money, US News and World Report)
Job Growth at 18% (much higher than average according to Bureau of Labor Statistics)
High Salary ($101,000 Median)
Stable Work/Life Balance and Job Security

3. What is SAM?
Student Actuaries at Michigan is a resource and tight-knit community for all actuarial students
Resume Workshops, Interview Preparation, Technical Skills Training
Professional Support
Renting Study Manuals, Exam Reimbursement Policy
Exam Preparation
Social Events
SAM Mixer, Coffee Chats, IM Sports

4. Actuarial Career Expo October 4th, 3-6pm at Michigan League
21 companies
Don’t be discouraged by recruiters saying they won’t hire freshmen and sophomores
NETWORK, NETWORK, NETWORK!

5. Career Events Resume Office Hours - Begin September 14
Elevator Pitch Workshop - September 17
Interview Workshops - September 18-19
International Students Career Workshop – September 20
Mock Interviews – September 20 – October 3

6. Exams and VEEs Reimbursement and study manual rental
LTAM is not for CAS

7. Courses and Four-Year Plan

8. ACTUARIAL MATH - REQUIREMENT
TO 414
Advanced Analytics for Management Consulting
(Exam PA)
FIN 302
Making Financial Decisions
(SOA VEE
Accounting & Finance/
Exam IFM)
ACC 300
Financial Accounting
(SOA VEE
Accounting & Finance)
STATS XXX
(Exam SRM)
Cognates
Suggested
Choose 2/4
MA 424 (*)
Compound
Interest &
Life Insurance
(Exam FM)
MA 520 (*)
Life
Contingencies
Part I
(Exam LTAM)
MA 521
Life
Contingencies
Part II
(Exam LTAM)
MA 523 (*)
Loss
Models I
(Exam STAM)
MA 524
Loss
Models II
(Exam STAM)
CORE
Courses
MA 316 (*)
Differential Equations OR MA 286
MA 423 (*)
Mathematics of
Finance
(Exam IFM)
MA 425 (*)
Introduction To
Probability
(Exam P)
STATS 426 (*)
Introductory
Theoretical
Statistics
(SOA VEE Mathematical Statistics)
BASIC
Courses P R
E R EQ
MA 215 (*)
Calculus III OR
255/285/295
MA 217 (*)
Linear
Algebra
OR 296/395
ECON 101
Microeconomics
(SOA VEE Economics)
ECON 102
Macroeconomics
(SOA VEE Economics)
EECS 183
Elementary
Programming
Concepts
9/1/2018
(*) Min Grade of C Minus Required

9. Student Has Credit for Calculus I and II
FALL
WINTER
SPRING/SUMMER
MA 215
MA 425
Exam P – July
EECS 183
MA 217
ECON 101
ECON 102
FRESHMEN
MA 424
MA 423
Exam FM – Feb
STATS 426
FIN 302
Exam IFM – July
ACC 300
Internship
SOPHOMORE
9/1/2018

10. Student Has Credit for Calculus I
FALL
WINTER
SPRING/SUMMER
MA 116
MA 215
MA 425*
ECON 101
ECON 102
EECS 183
FRESHMEN
MA 217
MA 424
Exam P – Jan
MA 425
STATS 426
Exam FM - June
ACC 300
Internship
SOPHOMORE
9/1/2018

11. Student Has NO Credit for Calculus I and II
FALL
WINTER
SPRING/SUMMER
MA 115
MA 116
ECON 101
ECON 102
EECS 183
FRESHMEN
MA 215
MA 217
Exam P – July
ACC 300
MA 425
SOPHOMORE
9/1/2018

12. Advice Take as many pre-reqs as you can
It is not necessary to take honors level classes (ie. Take MATH 116/Regular Calc 2 instead of MATH 186/Honors Calc 2)
Go to as many SAM events even if you are not sure. It will help!
Network, be involved, meet with other actuaries and learn about the program
Day in the Life, workshops
Attend the Actuarial Career Fair to gain experience speaking with companies. They will recognize you next year
Don’t stress about getting an internship, focus on your GPA and classes
Meet with Roger Natarajan or SAM Board Members if you have any questions about classes, exams, working at companies

13. Questions?
Contact Info:
Program Director: Professor Roger Natarajan,
When you declare actuarial major, meet with Roger
President: Nabil Ahmed,
VP: Brad Pineless,
UC Ambassador: Jiazhen Yang,
Slides 8 -12