Proposed Peer 1: Peer 2: Example UA Example Peer: Proposed: Minor in Actuarial Science, Michigan UA Actuary Minor State University Program: 16 Provide detailed From: description of the The Minor in Actuarial Science, which is administered by the Department of Highlight key Mathematics within the College of concepts that Natural Science, is available as an the program elective to students who are enrolled in plans to cover any bachelor’s degree program at and unique Michigan State University. This minor experiences. complements a number of major fields Description such as mathematics, statistics and could be used to probability, finance, and economics. It market the is intended to prepare students for program. work in insurance companies, banks, investment firms, government work, hospitals and business firms where there is a need to weigh the financial consequences of risk. The Minor in Actuarial Science prepares students for two of the examinations of the Society of Actuaries (SOA): Exam P/1 and Exam FM/2. With the approval of the department that administers the student’s degree program, courses that are used to satisfy the requirements for the minor may also be used to satisfy the requirements for the bachelor’s degree. -Insurance -Insurance companies companies -Banks -Banks -Investment firms -Investment -Government -Government -Hospitals -Hospitals -Business firms -Business firms 18 21 9 21
Proposed UA Program: Peer 1: Peer 2: Example UA Proposed: Actuary Minor Example Peer: Minor in Actuarial Science, Michigan State University 16 Provide detailed description of the Highlight key concepts that the program plans to cover and unique experiences. Description could be used to market the program. From: The Minor in Actuarial Science, which is administered by the Department of Mathematics within the College of Natural Science, is available as an elective to students who are enrolled in any bachelor’s degree program at Michigan State University. This minor complements a number of major fields such as mathematics, statistics and probability, finance, and economics. It is intended to prepare students for work in insurance companies, banks, investment firms, government work, hospitals and business firms where there is a need to weigh the financial consequences of risk. The Minor in Actuarial Science prepares students for two of the examinations of the Society of Actuaries (SOA): Exam P/1 and Exam FM/2. With the approval of the department that administers the student’s degree program, courses that are used to satisfy the requirements for the minor may also be used to satisfy the requirements for the bachelor’s degree. -Insurance companies -Banks -Investment -Government -Hospitals -Business firms -Insurance companies -Banks -Investment firms -Government -Hospitals -Business firms 18 21 9 21