Monday, February 24, 2014
Math 341 Approved by Society of Actuaries for Validation by Educational Experience credit
Actuary candidates are required to complete “Validation by Educational Experience” (VEE) requirements for economics, corporate finance, and applied statistical methods in addition to passing exams and completing other membership requirements. The Society of Actuaries recently approved Math 341 (Applied Regression Analysis) to meet the regression component of the VEE requirement for Applied Statistical Methods. The approval is retroactive, applying to any students who have taken Math 341 since 2006.
Ashland University now offers courses which satisfy all the VEE requirements except the time series component of the Applied Statistical Methods requirement. To qualify for VEE credit, the candidate must earn a grade of B- or better.
For more information, you can visit the Society of Actuaries FAQs on Validation by Educational Experience at http://www.soa.org/education/exam-req/resources/edu-vee-approval-faq.aspx
What is an actuary?
It’s the number one job of 2013 – if you don’t know, you should! CareerCast.com ranks careers on the basis of work environment, income, job growth outlook, and on-the-job stress. Actuary has been consistently in the top 10 for the past several years.
Actuaries are trained in risk management. They solve a variety of problems related to risk, such as determining premiums for insurance companies, helping companies establish their retirement plans, developing life insurance products and assisting banks in managing their assets and liabilities and developing ways to manage their financial risk.
Actuary Science takes a combination of strong analytical skills, business knowledge and understanding of human behavior. Interested in learning more? Check out the links below.
Be an actuary.- an overview of the career.
Ashland University's actuary program