Program Overview
The Capstone Certificate in Actuarial Science is a post-baccalaureate program designed to prepare students for an actuarial career. It provides a strong foundation in actuarial mathematics and predictive modeling, developing critical thinking, quantitative analysis, and communication skills. The program can be completed in two semesters, with graduates having access to resources like the Risk and Insurance Career Fair to connect with potential employers.
Program Outline
Degree Overview:
The Capstone Certificate in Actuarial Science at the School of Business is a post-baccalaureate program designed to prepare students for an actuarial career. It is not a degree program, but a high-quality certificate program designed to prepare students to pass the preliminary professional exams required by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). A key strength of the program is its short time to completion, with full-time students able to complete it in two semesters.
Objectives:
The program aims to:
- Provide students with a strong foundation in actuarial mathematics and predictive modeling
- Develop students' critical thinking, quantitative analysis, and communication skills
- Foster an appreciation for actuarial theory, research, and its practical applications
Outline:
Required Courses
- ACT SCI 303: Theory of Interest
- ACT SCI 650: Actuarial Mathematics I
- ACT SCI 652: Loss Models I
Specialization Core (choose at least one)
- ACT SCI 651: Actuarial Mathematics II
- ACT SCI 653: Loss Models II
Optional Supporting Courses (choose at least one)
- ACT SCI 654: Regression and Time Series for Actuaries
- ACT SCI 655: Health Analytics
Careers:
The demand for actuaries is consistently strong and resilient to economic factors. Graduates have many resources, such as the Risk and Insurance Career Fair, to connect them with prospective employers.
University of Wisconsin–Madison
Overview:
University of Wisconsin–Madison is a public research university located in Madison, Wisconsin. It is known for its strong academic programs, extensive research enterprise, and vibrant campus life. The university is guided by the Wisconsin Idea, a philosophy that emphasizes the importance of using knowledge to improve the lives of people beyond the campus.
Services Offered:
The university offers a wide range of services to students, including:
Academic Support:
Academic advising, tutoring, writing centers, and career services.Student Life:
Student organizations, recreational facilities, cultural events, and health services.Technology:
Access to computer labs, online resources, and software.Housing:
On-campus residence halls and off-campus housing options.Financial Aid:
Scholarships, grants, loans, and work-study programs.Student Life and Campus Experience:
Students at UW–Madison can expect a vibrant and engaging campus experience. The university boasts a diverse student body, a wide range of student organizations, and a lively social scene. The city of Madison offers a variety of cultural attractions, restaurants, and entertainment options.
Key Reasons to Study There:
Strong Academic Programs:
UW–Madison is home to a wide range of academic programs, including highly ranked programs in engineering, business, medicine, and the humanities.Research Opportunities:
The university is a leading research institution, offering students opportunities to participate in groundbreaking research projects.Wisconsin Idea:
The university's commitment to public service provides students with opportunities to make a positive impact on the world.Vibrant Campus Life:
UW–Madison offers a lively and engaging campus experience with a diverse student body, a wide range of student organizations, and a variety of cultural events.Location:
Madison is a beautiful and vibrant city with a strong sense of community.Academic Programs:
UW–Madison offers a wide range of undergraduate and graduate programs across various disciplines, including:
Engineering:
The College of Engineering is highly ranked and offers programs in areas such as computer science, electrical engineering, and mechanical engineering.Business:
The Wisconsin School of Business is known for its strong programs in finance, marketing, and entrepreneurship.Medicine:
The School of Medicine and Public Health is a leading institution in medical research and education.Humanities:
The university offers a wide range of programs in the humanities, including English, history, philosophy, and art history.Other:
Athletics:
UW–Madison is a member of the Big Ten Conference and has a strong athletic tradition.Alumni Network:
The university has a large and active alumni network, providing students with valuable connections after graduation.Sustainability:
UW–Madison is committed to sustainability and has a number of initiatives to reduce its environmental impact.Entry Requirements:
Applicants must possess a baccalaureate degree in a discipline other than actuarial science.
