Developing an Actuarial Track Utilizing Existing Resources

Abstract

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 Educational Experiences credit, our university developed an actuarial track to accompany a major in mathematics. An actuarial path attracts additional students to the major in mathematics and is a program of study sustainable by smaller departments.

Keywords:

• Actuarial track
• Validation by Educational Experiences credit
• financial mathematics

Additional information

Notes on contributors

Kathy V. Rodgers

Kathy V. Rodgers is Chair of the Department of Mathematics at the University of Southern Indiana and an Associate Professor of Mathematics. She earned her doctorate from Southern Illinois University, Carbondale. Much of her research interests have centered on advising, curriculum development, and innovative programming.

Yalçın Sarol

Yalçın Sarol is an Associate Professor in the Department of Mathematics at the University of Southern Indiana. He earned his M.S. and Ph.D. in Mathematics from Purdue University. His research interests lie in the fields of probability theory and financial mathematics.