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The Actuarial Program at TCU Dr. Susan G. Staples Director of the Actuarial Program TCU Dept. of Mathematics Dr. Susan G. Staples Director of the Actuarial.

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Presentation on theme: "The Actuarial Program at TCU Dr. Susan G. Staples Director of the Actuarial Program TCU Dept. of Mathematics Dr. Susan G. Staples Director of the Actuarial."— Presentation transcript:

1 The Actuarial Program at TCU Dr. Susan G. Staples Director of the Actuarial Program TCU Dept. of Mathematics Dr. Susan G. Staples Director of the Actuarial Program TCU Dept. of Mathematics

2 Background  Alumni survey of Spring 2000 indicated a need for more degree options for math majors.  Actuarial studies often mentioned  Departmental interest in adding an actuarial program  Alumni survey of Spring 2000 indicated a need for more degree options for math majors.  Actuarial studies often mentioned  Departmental interest in adding an actuarial program

3 Planning  TCU Program planned with guidance from Dr. Jim Daniel of UT Austin  Flexibility built into program  Actuarial Concentration degree plan first offered in Fall 2001  TCU Program planned with guidance from Dr. Jim Daniel of UT Austin  Flexibility built into program  Actuarial Concentration degree plan first offered in Fall 2001

4 Degree Plan  Actuarial Concentration offered as an option on the Mathematics BA or BS degree plans  Focus on mathematics, economics and business classes  TCU liberal arts core required of all students  Actuarial Concentration offered as an option on the Mathematics BA or BS degree plans  Focus on mathematics, economics and business classes  TCU liberal arts core required of all students

5 Mathematics Courses  Calculus 1, 2 and 3  Linear Algebra  Discrete Math  Probability  Statistics  Interest Theory 1 and 2 (Exam FM)  Actuarial Mathematics (Exam P)  Calculus 1, 2 and 3  Linear Algebra  Discrete Math  Probability  Statistics  Interest Theory 1 and 2 (Exam FM)  Actuarial Mathematics (Exam P)

6 Economics Classes  Introductory Macroeconomics  Introductory Microeconomics (This pair of classes together meet the SOA VEE for ECONOMICS.)  Intermediate Macroeconomics  Intermediate Microeconomics Math BA students are encouraged to consider a minor in Economics.  Introductory Macroeconomics  Introductory Microeconomics (This pair of classes together meet the SOA VEE for ECONOMICS.)  Intermediate Macroeconomics  Intermediate Microeconomics Math BA students are encouraged to consider a minor in Economics.

7 Business Classes  Principles of Financial Accounting  Principles of Managerial Accounting  Financial Management (This finance class meets the SOA VEE for FINANCE.) Math BA students are encouraged to consider a minor in Business.  Principles of Financial Accounting  Principles of Managerial Accounting  Financial Management (This finance class meets the SOA VEE for FINANCE.) Math BA students are encouraged to consider a minor in Business.

8 MATH BA with Actuarial Concentration  34 hours of Mathematics  At least 12 hours in Economics  At least 9 hours in Business  TCU liberal arts core  Minor in another department  4 semesters of a Foreign language  Computer Programming  34 hours of Mathematics  At least 12 hours in Economics  At least 9 hours in Business  TCU liberal arts core  Minor in another department  4 semesters of a Foreign language  Computer Programming

9 MATH BS with Actuarial Concentration  40 hours of Mathematics  At least 12 hours in Economics  At least 9 hours in Business  TCU liberal arts core  Computer Programming  40 hours of Mathematics  At least 12 hours in Economics  At least 9 hours in Business  TCU liberal arts core  Computer Programming

10 Exam P classes PREREQUISITES:  Calculus 1, 2 and 3  Probability SPECIALIZED CLASS:  Actuarial Mathematics - offered every odd spring Instructor: Dr. George Gilbert PREREQUISITES:  Calculus 1, 2 and 3  Probability SPECIALIZED CLASS:  Actuarial Mathematics - offered every odd spring Instructor: Dr. George Gilbert

11 Exam FM classes PREREQUISITES:  Calculus 1 and 2 SPECIALIZED CLASSES:  Interest Theory 1 and 2 - offered every odd fall and even spring, respectively Instructor: Dr. Susan Staples PREREQUISITES:  Calculus 1 and 2 SPECIALIZED CLASSES:  Interest Theory 1 and 2 - offered every odd fall and even spring, respectively Instructor: Dr. Susan Staples

12 Student Population  3 to 4 students graduate per year with an actuarial concentration  This represents roughly 35% of math majors at TCU  Typical enrollment in Interest Theory is 8 students.  Individual attention for students.  3 to 4 students graduate per year with an actuarial concentration  This represents roughly 35% of math majors at TCU  Typical enrollment in Interest Theory is 8 students.  Individual attention for students.

13 Student Activities  Resume Workshops  Actuarial Forum - panel discussion  Presentations by Actuarial Firms  Healthy Markets, North Richland Hills, TX  Buck Consultants  Tower and Perrin  Deloitte  University of Texas Graduate Program  Student Internships  Resume Workshops  Actuarial Forum - panel discussion  Presentations by Actuarial Firms  Healthy Markets, North Richland Hills, TX  Buck Consultants  Tower and Perrin  Deloitte  University of Texas Graduate Program  Student Internships

14 Thank You! We would love to have your company come to talk to TCU actuarial students about career opportunities. Contact us at s.staples@tcu.edu.s.staples@tcu.edu We would love to have your company come to talk to TCU actuarial students about career opportunities. Contact us at s.staples@tcu.edu.s.staples@tcu.edu


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