This paper focuses on the development of an actuarial science track for the mathematics major at Salisbury University (SU). A timeline from the initial investigation into such a program through the proposal and approval processes is shared for those who might be interested in developing a new actuarial program. It is wise to start small and take advantage of as many existing courses as possible. Two new courses were developed to fill the void at SU. These courses as well as seminars for preparing students for SOA/CAS exams are described. The extent to which the program prepares students for taking the actuarial exams and/or finding employment is also discussed.
We have developed an introductory course that exposes mathematical sciences majors to a full range of issues that most practicing statisticians may face including data acquisition, design of experiments, use of theory, and formal writing.This new course developed for mathematics majors not only requires the use of the computer in and out of the classroom for demonstrations and assignments, but also has a two hour computer laboratory once a week.In this paper, we provide a summary of the labs, and share student perspectives on the course. This laboratory-based course can easily be transported to other locations.
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