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ACTUARIAL SCIENCE - ASSESSMENT RESULTS
Actuarial Science - Assessment Results
Working
actuaries advance their careers by achieving “Associate” status in their
field. They must pass 5 examinations plus
additional coursework to gain this status.
Upper-level actuarial science majors are actively encouraged to take up
to four of the actuarial examinations in order to fulfill graduation
requirements and to give them a hiring advantage in the marketplace for this
skill set. Passage of at least one SOA
or CAS examination has been a degree requirement in RMU’s Actuarial Science
program since 2011. The Actuarial
Science program at RMU has several goals regarding actuarial examination pass
rates: 1) At least 80% of its majors
receiving grades of A or A- in its advanced statistics course will pass one
examination within one year; 2) at least 50% of Actuarial Science majors will
have passed two examinations by graduation; and 3) at least 15% will have
passed three examinations by graduation.
For the past
nine years goal 1 has been achieved. For 2018 graduates, 80% passed at least two examinations by graduation and 15% passed 3 examinations.
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