Tuesday, September 23, 2014

Moseman's Internship at Union Home Mortgage

Joel Moseman (15') completed an internship at Union Home Mortgage in the secondary marketing department. The secondary marketing department is the department where loans were originated and processed and then sold to other entities such as Ginnie Mae or Fannie Mae.

Although the internship was not an actuarial position, it was loosely related. Moseman updated loan information and sometimes loan pricing, based on changed characteristics of the loan or the applicant. Risk characteristics such as the borrower's FICO score and down payment amount affect pricing. Moseman also learned about how interest rate risk was managed.

Moseman Passes the FM Exam

Moseman Passes FM Exam
Joel Moseman (15') has passed the Society of Actuaries' Financial Mathematics Exam (FM Exam). The exam tests the candidate's knowledge of  annuities, bond valuation, immunization, time-value of money, derivative uses and strategy.

The test requires hundreds of hours of study, the recommended being 300 hours. Moseman took Ashland University's Financial Mathematics course to help prepare for the FM Exam.

Congratulations, Joel, and Good Luck!

For more information about the Actuarial Science Program, Contact Dr. Christopher Swanson, at cswanson@ashland.edu or visit the website www.beanactuary.com.

Wednesday, September 17, 2014

Tresch's Internship at Findley-Davies

Garrett Tresch
Garrett Tresch (15') completed an internship at Findley-Davies this summer. Findley-Davies is a firm that consults with the human resource department of other corporations. Findley-Davies has a wide variety of sectors that specialize in a different aspect of this often wide field, which includes an actuarial group in downtown Cleveland.

As an intern, Tresch discovered that the key to his position would be "variety." In addition to internship duties of scanning information and government filings, he also, created excel spreadsheets for companies pension plans, calculated actuarial equivalent forms of payment, updated databases to include changes in employee information, created excel charts and adjusted inputs that indicated a current law change dealing with interest rates. Tresch said, "The greatest way of defining what I did into a single sentence would be, 'I assisted the actuaries in the mathematical and technological work involved in the consulting of human resources.'"

Tresch accredits his higher end financial math, probability, and technology courses for his ability to understand and adjust to the many complicated tasks that were expected of him by Findley-Davies. He also accredits Ashland University's fantastic collection of professionals, that he said, "I could not have had such an enlightening experience without." He would like to give special thanks to Dr. Chris Swanson and Dr. Maduka Rupasinghe, as well as, the Career Service Department for their advice and coaching.

Tresch Passes Exam P

Garrett Tresch Passes Exam P

Garrett Tresch Passes Exam P

Garrett Tresch (15') has passed the Society of Actuaries' Probability Exam (Exam P). The exam tests the candidate's knowledge of the fundamental probability tools for quantitatively assessing risk.  Exam P is one of the exams required to achieve professional status as an actuary.

Actuaries are professionals who provide expert advice and relevant solutions for business and societal problems that involve economic risk. The actuarial profession is consistently ranked as one of the top 5 careers in the United States.

Congratulations, Garrett, and Good Luck!

For more information about the Actuarial Science Program, Contact Dr. Christopher Swanson, at cswanson@ashland.edu or visit the website www.beanactuary.com.

Friday, September 12, 2014

Drop-In Tutoring Fall 2014

Do Not Struggle. Drop-In and see a Tutor! 

Drop-In Tutoring Available for Math Courses

Ashland University's Center for Academic Support provides tutors and other tools to help students succeed. Drop-in sessions are available for several Math classes in Kettering 219. Below are the classes and times for drop-in tutoring:




Math Tutoring Schedule Fall 2014

Calculus with Application (M201)
Thursdays 6:30-7:30 pm

The Calculus (M205)
Wednesdays 3-5 pm
Monday, Tuesday, and Wednesday 7-8:30 pm

Elementary Statistics (M208)
Tuesdays 1-3 pm
Monday, Tuesday, Wednesday, and Thursday 7-8:30 pm

Theory of Arithmetic & Geometry (M217)
Mondays 7-8:30 pm
Thursdays 7-8:30 pm

Geometry for Middle Grades (M218)
Tuesdays 7-8:30 pm
Wednesdays 7-8:30 pm

Discrete Math 1 (M223)
Thursdays 3-5 pm

Also, please see your professor for help!
Visit the Center for Academic Success for a complete list of all tutoring services available to AU students.