Title

Education in Actuarial Science and the Role of Data Analytics

List all Project Mentors & Advisor(s)

Dr. John Porter

Second Project Mentor & Advisor(s)

Dr. Jeff Osborne

Presentation Format

Event

Abstract/Description

The field of actuarial science is by no means a new discipline. However, the educational content for aspiring actuaries must continue to develop alongside the advancements in the profession. The increasing prevalence of data analysis in the field of actuarial science begs for a change in the curriculum and the Society of Actuaries is responding. The question that naturally arises concerns how data analytics can be integrated into the already rigorous educational standards of the actuarial profession. To examine this idea it is necessary to research what data analytics is to an actuary and how colleges and universities have created actuarial science programs. These topics can facilitate a solution to how actuarial programs can adapt to changes in the curriculum. A literary review and analysis will provide insight to better actuarial education here at Murray State University and in the profession as a whole.

Location

Barkley Room, Curris Center

Start Date

April 2016

End Date

April 2016

Affiliations

Honors Thesis

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Apr 21st, 12:00 PM Apr 21st, 1:00 PM

Education in Actuarial Science and the Role of Data Analytics

Barkley Room, Curris Center

The field of actuarial science is by no means a new discipline. However, the educational content for aspiring actuaries must continue to develop alongside the advancements in the profession. The increasing prevalence of data analysis in the field of actuarial science begs for a change in the curriculum and the Society of Actuaries is responding. The question that naturally arises concerns how data analytics can be integrated into the already rigorous educational standards of the actuarial profession. To examine this idea it is necessary to research what data analytics is to an actuary and how colleges and universities have created actuarial science programs. These topics can facilitate a solution to how actuarial programs can adapt to changes in the curriculum. A literary review and analysis will provide insight to better actuarial education here at Murray State University and in the profession as a whole.