Learn the advanced statistical, econometric and mathematical fundamentals needed for success as an actuary, rated 1st in "The 10 Best Jobs of 2013" according to CareerCast.com. Understand specialized quantitative models and concepts in order to analyze data, accurately predict future trends and effectively manage risk. Study modern, advanced statistical and actuarial theory, and gain skills critical to strategic decision making.
Key outcomes: You will gain the necessary mathematical and quantitative modeling skills to prepare for the actuarial certification exam series and enter or advance in the actuarial profession.
An Actuarial Science Certificate will be awarded to individuals who successfully complete the following four online courses from the MS-CF&RM curriculum for a total of 16 credits. Students who started in summer 2013 are enrolled in either AMATH 461 Probability and Statistics for Computational Finance (3 credits) OR AMATH 462 Introduction to Computational Finance & Financial Econometrics (5 credits). Students who start in Autumn 2013 can "qualify out" of these courses and start in the Autumn 2013 quarter.
- Autumn 2013: AMATH 541 Investment Science (4 credits)
- Winter 2014: AMATH 544 Options and Derivatives (4 credits)
- Spring 2014: AMATH 500 Actuarial Models and Estimation (4 credits)
- Summer 2014: AMATH 500 Models for Life Contingencies (4 credits)
The Opportunities for Actuaries (99 second video by SOA)
To Apply for the Actuarial Science Certificate