What can you expect upon completion of the actuarial science programs at Albion College?
Successful students in both programs will acquire:
- First-rate analytical skills in mathematics, statistics, and economics/finance.
- Exposure to modern computational methods of analysis involving such computational tools as Excel, Mathematica, and R.
- Facility with at least one modern programming language.
- Well-developed problem-solving skills designed to tackle challenges in the modern everchanging workplace.
- Excellent professional communication, collaboration, and teamwork abilities.
- A broad education in the liberal arts that can support lifelong professional development.
Moreover, depending on which program is selected, students also accomplish:
- Satisfaction of VEE1 requirements in Economics, Accounting & Finance, and Mathematical Statistics through required coursework.
Preparation to take and pass SOA2 Exam
Opportunities to learn some optional material required for SOA Exams
- Exam FM (Financial Mathematics)
- Exam IFM (Investments and Financial Markets)
- Internship, networking, and career opportunities unique to a small liberal arts college.
Dual-Degree Program (DDPAS)
- Satisfaction of VEE requirements in Economics, Accounting & Finance, and Mathematical Statistics through required coursework.
Preparation to take and pass SOA Exams3
- P (Probability),
- FM (Financial Mathematics)
- IFM (Investment and Financial Markets)
- STAM (ShortTerm Actuarial Mathematics)
- LTAM (LongTerm Actuarial Mathematics)
- SRM (Statistics for Risk Modeling)
- Internship, networking, and career opportunities unique to a major research university
1 VEE stands for Validation by Educational Experience, a formal educational benchmark that is required by the SOA and CAS. At least two SOA/CAS exams must be passed before VEE credit is added to your professional record.
2 SOA (www.soa.org) stands for "Society of Actuaries", one of two major actuarial professional organizations in the US, the other being the Casualty Actuary Society (www.casact.org).
3 Actual coverage of IFM, STAM, LTAM, and SRM topics depends on transfer school and SOA syllabi contents which may vary over time.