Actuarial Science Certificate
Learn more: certificates@lvc.edu 717-867-6213
ACTUARIAL SCIEN It’s Possible at The Valley
Prepare for your next career... Why Actuarial Science at LVC?
Actuaries are business professionals who use mathematical and financial tools to identify and manage risk. They are hired by insurance companies, banks, consulting firms, healthcare organizations, government, and more. They enjoy high pay, high job security, and a great work-life balance.
Growing Field... Actuary has been ranked among the top three jobs by CareerCast five times since 2009 in its annual ranking report. The U.S. Bureau of Labor Statistics reported the median salary for actuaries in 2012 was $93,000 and projects that the demand for actuaries through 2022 will increase at more than twice the average of other professions.
Why Lebanon Valley College? LVC has run a successful actuarial science bachelor’s degree program for more than 40 years and graduates have achieved a nearly 100 percent employment rate many years. Our graduates have been employed at more than 100 firms across the country and abroad. LVC is ranked 3rd by U.S. News & World Report in the 2015 edition of their book “America’s Best Colleges” and is ranked 1st among the Best Colleges for Veterans (North Region).
NCE CERTIFICATE
Lebanon Valley College’s
ACTUARIAL SCIENCE CERTIFICATE
FAST FACTS: 6 targeted courses designed to prepare you for an actuarial career Includes preparation for the first two actuarial exams Offered in a convenient online format, ideal for working adults
Learn more: certificates@lvc.edu 717-867-6213
Entire program can be completed in as few as 24 months* *Assuming students successfully complete the course sequence in order with continuous enrollment. Students must pass either Exam P/1 or Exam FM/2 to earn the certificate. **For more information about our graduation rates, the median debt of students who complete the program, and other information, please visit our website.
Program Information
Actuarial Science Certificate 6 courses/20 credits: Term Course
Description
2016 Fall
Analysis I
2017 Spring
Analysis II
2017 Summer
Analysis III
A specially-tailored multivariable calculus course that includes partial derivatives, multiple integrals, and differential equations.
2017 Fall
Probability
A calculus-based probability course that covers the SOA/CAS Exam P/1 syllabus.
2018 Spring
Financial Mathematics
An introduction to interest theory and financial derivatives that covers the SOA/CAS Exam FM/2 syllabus.
2018 Summer
Actuarial Programming A project-based programming course based on software typically used by actuaries. Content usually involves Access, Excel, and Visual Basic.
A calculus sequence that focuses on developing the technical reading and writing skills that are vital to actuaries. It also builds the math background required for later actuarial exams.
Learn more: certificates@lvc.edu 717-867-6213
Passing Exam P/1 or Exam FM/2 is necessary to complete the program.
Convenient. Targeted. Challenging. Rewarding.
POSSIBLE.
Frequently Asked Questions
How will the classes be offered? The classes will be delivered in a convenient online format, designed to be ideal for working adults. Instruction will be as interactive as possible; with online lectures and videos and opportunities for class discussion and collaboration. Required coursework will be asynchronous, meaning there are no set times you would need to be online, but assignments and other activities will be due within weekly deadlines. The admission placement assessment and course exams would be proctored at your base, but all other coursework could be completed entirely online.
Where are actuarial exams offered? Actuarial exams are administered through Prometric, which has testing centers throughout the world. To find the one nearest you, visit their website: Prometric Testing Centers.
When would the first cohort begin? The first class will begin August 2016.* The course series as designed will enable students to complete the program by following the prescribed course sequence in as few as 24 months.
When should I apply? You should express your interest and submit your application as soon as possible as there will be a limited number of seats for this new program. Applications will be reviewed and accepted on a rolling basis as they are received up until two weeks prior to the cohort start date. Contact the Office of Graduate & Professional Studies at 717-8676213 or certificates@lvc.edu for an application, or apply for free online at www.lvc.edu/ certificate-programs/application.aspx. Priority deadline for applications is May 31, 2016.
What background is necessary for admission? The only official requirement is a four-year degree from a regionally accredited college or university. However, the first course in this program is calculus-based, so a math background that includes trigonometry and exponential functions is also important for students to be successful in actuarial studies; therefore those students with that background will be given first priority for admission. We encourage all to apply. We will advise applicants regarding any remedial coursework that may be required to set you up for success.
How long will each semester be? Each year of the program consists of a 15-week course beginning in August, a 15-week course beginning in January, and an 11-week course beginning in June.
How much work could I expect each week? The workload will depend on your background, but a typical student may expect 10 to 12 hours of work each week. Since math-related material tends to build on itself during a course, breaking your weekly study into several shorter sessions is the best strategy. Additional tips for success in an online program can be found here.
Who will the instructors be? Our courses will be presented by our highly-qualified, full-time actuarial science faculty members. Our faculty are passionate about the success of learners and will offer additional support through virtual advising sessions using online technologies, if requested.
What happens if I need to take a semester off? The program is designed as a cohort model, meaning each course will be offered once per year; if you need to take a semester off, you can rejoin the course sequence the following year. LVC adheres to a flexible Leave of Absence Policy (LOA) for military students.
What type of funding is available? The program is approved for VA funding. Payment plans, deferred tuition billing with employer reimbursement, and other federal financial aid are also options (for those who qualify).
Learn more: certificates@lvc.edu 717-867-6213
How to Get Started
Step 1
Priority deadline for applications is May 31, 2016
Complete the free online application
www.lvc.edu/certificateprograms/application.aspx
Step 2 Submit your résumé, military bio, or letter of recommendation, and statement of interest by mail to the Office of Graduate & Professional Studies, or by email to certificates@lvc.edu. Official transcripts must
Step 3 Submit an official transcript from each college, university, or professional school attended, including military transcripts.
Step 4 Schedule the Placement Assessment and explore your funding options.
be signed, sealed, and sent by the issuing school to the Office of Graduate & Professional Studies. Transcripts may also be sent through secure email to certificates@lvc.edu.
Questions about where to start? We’ll help you every step of the way once we receive your application.
Learn more: certificates@lvc.edu 717-867-6213
How much does the program cost? Lebanon Valley College’s Actuarial Science Certificate offers a distinctive education that is flexible and affordable.
2016–2017 Cost & Financing
Certificate Courses
Discounted Military Tuition Rate: $495 per credit Cost of the entire program: $9,900* *Plus the cost of textbooks. No additional fees or charges!
Approved by the VA for military benefits www.lvc.edu/financial-aid/military-benefits.aspx
Questions? Contact Beth Romanski, director of professional studies, at 717-867-6336 or romanski@lvc.edu. At Lebanon Valley College, admission decisions are made without regard to race, color, national origin, ancestry, religion/creed, sex, pregnancy, sexual orientation, or gender identity or expression, age, disability, genetic information, or veteran status, or any trait protected by applicable federal, state, or local laws and/ or College policy. The College does not discriminate on any of the foregoing bases in the administration of its educational policies, admission policies, or its scholarship and loan programs.
Actuarial Science Certificate Office of Graduate & Professional Studies Lebanon Valley College 101 North College Avenue Annville, PA 17003 717-867-6213 1-877-877-0423 certificates@lvc.edu www.lvc.edu/certificate-programs