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• http://sam.math.lsa.umich.edu/• http://tinyurl.com/kyoeo5z
Student Actuaries at Michigan2014 Fall Mass Meeting
SAM Board Members
Position Officer
President George You
Vice President Huan Wang
Career Chair Zachary Shaw
Joyce Zhang
Secretary Scott Kim
Treasurer Yuchen Lin
Webmaster Chris Plumhoff
IM Sports Chair Jillian Longton
Social Chair Yuki Xin
Planning Committee Chair Louis Paparella
Faculty
Actuarial Mathematics Faculty
B. Roger Natarajan Actuarial Program Director
Joseph Marker Lecturer IV
Kristen Moore Associate Professor
Virginia R. Young Cecil J. & Ethel M. Nesbitt Professor
Bradley P. Hinesman Lecturer I
Objective & Overview
• Career Events• Help members with recruiting
• Social Events• Build up networks
• Sports Events• We are not nerds
• Exam subsidies• Encourage exam pass
Career Events• Resume Workshop
• 9/24, 4-5 PM• Time: TBD• Location: Math Commons (tentative)
• Mock Interviews• Week of 9/29 - 10/3 (see SAM calendar)
• Information Sessions• First information session - 9/18 • Company: Cigna• 6 pm,Pizza House
• Refer to SAM calendar for all future dates, times, etc.
• Company Visits• Towers Watson - 9/19• Blue Cross Blue Shield & Deloitte - 9/26
• Career Center Connector• Check career center for resume submission deadlines• Most of these will occur after the first information session
Social Events
• Coffee Chat• BBQ• Picnic• Laser Tag• Painting the Rock!• Bar Crawl
News from Secretary:
2. Case Study1. SAM Newsletter
3. Mass Meeting Survey
Intramural Sports• Easy way to earn attendance points, make new
friends and have tons of fun
• Sports selected based on your preference
• SAM pays all fees and takes care of administrative business
• Please fill out survey sent out after mass meeting to indicate sports you’d be interested in playing with SAM!
SAM Intramural Sand Volleyball• Mondays at 6:30PM at Elbel Field (starting next Monday)
• How to join?• Either come talk to me at end of meeting if you are
interested in playing• Or indicate interest on survey sent out after mass
meeting
Webmaster
• Brand New Website• http://sam.math.lsa.umich.edu/
• Calendar of Events• Web Based Attendance• Schedule Maker
How to become our member?
1. Membership dues 2. Fill out survey
• Amount:• $30 by 9/22• $35 afterwards
• Basic info• Name• Uniqname• UMID#• T-shirt size• Sign up at
sam.math.lsa.umich.edu
• Will be sent out after mass meeting
Forget to bring membership dues?
• Yuchen (Treasurer) appointment• Math Undergraduate Office (EH 2nd floor)• Wrapped in an envelope• Basic info• Name• Uniqname• UMID#• T-shirt size
• Notify SAM Board via email
Attendance/Subsidy Policy
• Exam Subsidy Requirements:• Membership dues paid• Enough attendance points (Next Slide)• Declared Actuarial or Financial Mathematics major• Have not previously received support from the
Department for a particular examination• Have a completed resume on file with the Career
Centre
Event Type Attendance Points
Company Visit 6
Recruiting Event 3
Social Event 2
Survey 1
Exam Sittings
Exam Exam DateRegistration
DeadlineAttendance
Points
P November 1-12 October 2nd 6
FM December 9-20 October 29th 15
MFE November 13-19 October 2nd 6
MLC October 31 September 24th 3
16
ACTUARIAL SCIENCE MAJOR
MA 215 Calculus III
OR255/285/295
MA 217Linear
Algebra
ECON 101Micro-
Economics(SOA VEE)
ECON 102Macro-
Economics(SOA VEE)
EECS 183Elementary
ProgrammingConcepts
MA 216Differential
Equations OR 256/286/316
MA 423Mathematics
of Finance
MA 425 Introduction
ToProbability
STATS 426 Introductory Theoretical
Statistics
MA 523Risk
Theory
MA 521Life
ContingenciesPart II
(or MA 522)
MA 520Life
ContingenciesPart I
MA 424CompoundInterest &
Life Insurance
ECON 406(SOA VEEApplied
Statistics )
FIN 302(SOA VEECorporateFinance)
PRE REQ
BASIC(Min
C Minus)
CORE( Min
C Minus)
Cognates(Valuable)
ECON 406 = ECON 452
TALK TO AN ADVISORBEFORE DECIDING
CONGNATES
17
Actuarial Exams – SOA vs CASDescription SOA Exam CAS Exam
Probability Exam P Exam 1
Interest Theory Exam FM Exam 2
FinancialEconomics
Exam MFE Exam 3 F
Life Contingencies Exam MLC Exam LC
Loss Models Exam C Exam 4
Statistics &Stochastic Modeling
No Equivalent Exam ST
If you take SOA Exams, then you get credit for CAS Exams.If you take CAS Exams, we are not sure whether SOA will give credit or not.So, it might be a good idea to take SOA Exams, initially.
18
POSSIBLE SOA EXAM STRATEGIES
MA 215 MA 425 Exam P
MA 217
MA 424 Exam FM AndExam MFE
MA 115 or 156 or 186
MA 215
MA 423
MA 215
19
POSSIBLE SOA EXAM STRATEGIES
STATS 426 ECON 452
MA 520Fall Only
MA 521Winter Only Exam MLC
MA 425
MA 215
MA 523
MA 424
MA 215 Exam C
MA 425MA 215
Questions
Thank you for coming!