{"id":15168,"date":"2019-05-23T08:23:25","date_gmt":"2019-05-23T08:23:25","guid":{"rendered":"http:\/\/www.uwb.edu\/?p=15168"},"modified":"2023-06-08T21:12:49","modified_gmt":"2023-06-08T21:12:49","slug":"actuary-science-minor","status":"publish","type":"post","link":"https:\/\/www.uwb.edu\/news\/2019\/05\/23\/actuary-science-minor","title":{"rendered":"Math, econ merge in new Actuary Science minor"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"\/wp-content\/uploads\/ariana-camelia.jpg\" alt=\"Ariana Dundon, left, Camelia Bejan\" class=\"wp-image-25580\"\/><figcaption class=\"wp-element-caption\">Ariana Dundon, left, Camelia Bejan. Marc Studer photos<\/figcaption><\/figure>\n\n\n\n<p>University of Washington Bothell students who graduate with the new minor in Actuary Science will be prepared to take the first credential exams they\u2019ll need to become certified actuaries.<\/p>\n\n\n\n<p>That\u2019s the beginning of a profession that uses statistics to assess risks for insurance companies or manage risks in other businesses. Hosted by two schools \u2014 <a href=\"\/business\">Business<\/a> as well as <a href=\"\/stem\">Science, Technology, Engineering &amp; Mathematics<\/a> (STEM) \u2014 the minor brings together skills from both disciplines.  <\/p>\n\n\n\n<p>\u201cThis has been a perfect collaboration, just a perfect mesh,\u201d said Ariana Dundon, a lecturer in the School of STEM\u2019s <a href=\"\/engineering-math\">Division of Engineering &amp; Mathematics<\/a> and a self-described instigator of the minor along with Camelia Bejan, an associate professor in the School of Business. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cross-disciplinary collaboration <\/h2>\n\n\n\n<p>\u201cI really find probability fascinating,\u201d said Dundon, who had taught the subject mainly for engineers and then started talking with Bejan about business applications.  <\/p>\n\n\n\n<p>Dundon and Bejan recognized they could design an actuary minor by adding three new courses to existing offerings: Probability, Financial Mathematics and Financial Economics, all of which can be taught by current faculty. 足彩app哪个是正规的 minor was officially approved in May.  <\/p>\n\n\n\n<p>足彩app哪个是正规的s already majoring in Mathematics or Business can add the credits for the minor in a quarter or two and graduate with the recognition of those skills on their transcripts.  <\/p>\n\n\n\n<p>\u201c足彩app哪个是正规的 Actuary Science minor shows you have a strong mathematical background and a strong analytical ability in addition to understanding real-world mathematics,\u201d Dundon said. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Career-ready graduates <\/h2>\n\n\n\n<p>In talking with recruiters, Dundon found local insurance companies are ready to hire candidates who pass the initial <a href=\"https:\/\/www.soa.org\/future-actuaries\/earning-credentials\/\">certificate exams<\/a> administered by the professional actuarial organization, the <a href=\"https:\/\/www.beanactuary.org\/\">Society of Actuaries<\/a>. 足彩app哪个是正规的 minor is specifically designed to prepare students for the first three exams. <\/p>\n\n\n\n<p>\u201cWe\u2019d like the Actuary Science minor from UW Bothell to mean something to people in the area,\u201d Dundon said. \u201cIt gives students something they can really use.\u201d <\/p>\n\n\n\n<p>足彩app哪个是正规的 number of actuary jobs is growing, with evidence that actuaries will be in demand in coming years, Bejan said. 足彩app哪个是正规的y are needed in the private and government sectors to assess a variety of risks: accidents, health, financial or natural disasters and even the impact of climate change. 足彩app哪个是正规的 minor also could be valuable to students majoring in Computer Science, Engineering or Biology.  <\/p>\n\n\n\n<p>\u201cAn expertise in risk assessment, its measurement and mitigation is useful in almost any career, and this is what the minor in Actuary Science offers our students,\u201d Bejan said. \u201cA computer science student interested in cybersecurity issues would benefit from it as much as one interested in biomedical science.\u201d <\/p>\n\n\n\n<p>足彩app哪个是正规的 UW doesn\u2019t currently have an actuarial program at any other campus. Eventually, Dundon and Bejan said, they would like to see the minor develop into a major degree that would draw new students to campus from across the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>University of Washington Bothell students who graduate with the new minor in Actuary Science will be prepared to take the first credential exams they&rsquo;ll need to become certified actuaries. <\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_is_archived":false,"_archived_contact_email":"","footnotes":""},"categories":[202],"tags":[241],"school":[417,421],"class_list":["post-15168","post","type-post","status-publish","format-standard","hentry","category-campus-news","tag-minor","school-school-of-business","school-school-of-stem"],"acf":{"related_links":{"toggle_visibility":false,"link_1":null,"link_2":null,"link_3":null,"link_4":null,"link_5":null},"highlight_box":{"toggle_visibility":false,"title":"","content":"","button":null,"button_style":"angled-purple-button","button_screen_reader_text":""},"contact_type_1":{"toggle_visibility":true,"contact_title":"","email":"","phone":"","box":"","address_line_1":"","address_line_2":"","location":""},"contact_type_2":{"toggle_visibility":false,"contact_title":"","email":"","phone":"","box":"","address_line_1":"","address_line_2":"","location":""},"social_media":{"toggle_visibility":false,"facebook_url":"","instagram_url":"","linkedin_url":"","twitter_url":"","youtube_url":""},"blog_archive_sidebar_visibility":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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