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It outlines the role of actuaries in designing and managing programs that control risk and improving financial decision-making through models. The text details required calculus, statistics, probability, and computing courses, lists advanced elective options, describes VEE approved subjects (Economics, Corporate Finance, Applied Statistical Methods), and summarizes key preliminary actuarial exams and their focus areas.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/actuarial-studies-within-the-biometry-and-statistics-and-statistical-science-majors/398752/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/actuarial-studies-within-the-biometry-and-statistics-and-statistical-science-majors/398752.png","ImageObject",300,407,{"name":92,"@type":93},"Indoniesian Boy","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-01","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",13,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What is the primary work actuaries perform?","Question",{"text":113,"@type":114},"Actuaries analyze the financial consequences of risk. They use mathematics, statistics, and financial theory to evaluate uncertain future events, reduce the likelihood of adverse events, and decrease their impact.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"Which required courses are listed for the Biometry and Statistics and Statistical Science majors?",{"text":118,"@type":114},"The document lists Calculus I and II (MATH 1110 & 1120), multivariable calculus and linear algebra, statistical methods I and II, probability, theory of statistics, statistical computing, and linear models, each mapped to specific course numbers.",{"name":120,"@type":111,"acceptedAnswer":121},"What are VEE courses and what topics do they cover?",{"text":122,"@type":114},"VEE courses are required toward achieving actuarial credentials and can be satisfied through undergraduate coursework. 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Actuaries use mathematics, statistics and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. They evaluate the likelihood of those events, design creative ways to reduce the likelihood and decrease the impact of adverse events that actually do occur. To be more specific, actuaries improve financial decision making by developing models to evaluate the current financial implications of uncertain future events.  \nActuaries are an important part of the management team of the companies that employ them. Their work requires a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk.  \nNo matter the source, actuary is consistently rated as one of the best jobs in America. US News and World Report, the Jobs Rated Almanac, CNN Money, and others all agree: few other occupations offer the combination of benefits that an actuarial career can offer. In almost every job satisfaction category, such as work environment, employment outlook, job security, growth opportunity, and salary (especially starting salary), a career as an actuary is hard to beat.  \nRequired courses for the Biometry and Statistics and Statistical Science majors  \nCalculus I and II: MATH 1110 & 1120  \nMultivariable Calculus and Linear Algebra: MATH 2210 & 2220 or 2230 & 2240 or 2930 & 2940 or 2130 & 2310  \nStatistical Methods I: BTRY 3010 or BTRY 6010 or equivalent  \nStatistical Methods II: BTRY 3020 or BTRY 6020  \nProbability: BTRY 3080, STSCI 3080, ECON 3130, or MATH 4710  \nTheory of Statistics: BTRY 4090, STSCI 4090, or MATH 4720  \nStatistical Computing: BTRY 3520  \nLinear Models: BTRY 4030  \nElective courses  \nStudents in the Actuarial Studies concentration must take at least three advanced electives from the following list and one additional advanced statistics elective (which may also be from this list):  \nSTSCI 4270: Introduction to Survival Analysis  \nSTSCI 4550: Applied Time Series Analysis AEM 2240/ Econ 4220: Finance  \nAEM 4210/Econ 4240 : Derivatives and Risk Management  \nValidation by Educational Experience (VEE) approved courses  \nVEE courses are required toward achieving actuarial credentials. These courses may be satisfied through undergraduate coursework. It is strongly suggested by many in the field that these courses are completed prior to undergraduate graduation. Both CAS and SOA require completion with a  \nminimum grade of a B- . The courses cover 3 topics: Economics, Corporate Finance and Applied Statistical Methods. The following Cornell courses have been pre-approved by the CAS and SOA to be applied for VEE credit:  \nEconomics: ECON 1110 & 1120 or ECON 3010 & 3020 combined by an econometrics course ( ECON 3125, ORIE 4630, or ECON 6200 )  \nCorporate Finance: AEM 2240 or ECON 4220  \nApplied Statistics: BTRY 3010-3020 or BTRY 6010-6020, BTRY 4030*, STSCI 4270*, ORIE 5550/STSCI 4550*, ORIE 4740  \n* Under review for VEE approval  \nCourses and Exams  \nThe preliminary exams are the common foundation for becoming an actuary. No matter which actuarial practice area a person decides to enter, future actuarial education will depend on mastery of the preliminary exams. Actuaries achieve professional status by passing a set of examinations prescribed by the Casualty Actuarial Society (CAS) or Society of Actuaries (SOA) . Many prospective actuaries begin taking exams while in college with the aid of self-study courses and materials. Most achieve Associateship in three to five years. All students acquire a core set of knowledge from required courses before following the CAS or SOA career path.  \nProbability  \nThe Probability Exam is a three–hour multiple–choice examination. It is called Exam P by the Society of Actuaries and Exam 1 by the Casual","cbCaigionFbSyOqq","https://ap.wps.com/l/cbCaigionFbSyOqq","pdf",107360,"English","# Required courses for the Biometry and Statistics and Statistical Science majors\n## Elective courses\n## Validation by Educational Experience (VEE) approved courses\n# Courses and Exams\n## Probability\n## Financial Economics\n## Models for Financial Economics\n## Models for Life Contingencies","[{\"question\":\"What is the primary work actuaries perform?\",\"answer\":\"Actuaries analyze the financial consequences of risk. They use mathematics, statistics, and financial theory to evaluate uncertain future events, reduce the likelihood of adverse events, and decrease their impact.\"},{\"question\":\"Which required courses are listed for the Biometry and Statistics and Statistical Science majors?\",\"answer\":\"The document lists Calculus I and II (MATH 1110 \\u0026 1120), multivariable calculus and linear algebra, statistical methods I and II, probability, theory of statistics, statistical computing, and linear models, each mapped to specific course numbers.\"},{\"question\":\"What are VEE courses and what topics do they cover?\",\"answer\":\"VEE courses are required toward achieving actuarial credentials and can be satisfied through undergraduate coursework. They cover three topics: Economics, Corporate Finance, and Applied Statistical Methods.\"}]","Actuarial Studies within the Biometry and Statistics and Statistical Science majors | PDF",1790488650]