** Certificate in Actuarial and Financial Mathematic**s

(approved by the Faculty of Science)

** OBJECTIVES. ** This program addresses many of the learning objectives and fundamental mathematical and statistical skills required for successful completion of several requirements of
the Society of Actuaries accreditation program. For a more detailed description see:

**http://www.soa.org/education/exam-req/** and ** http://www.beanactuary.org/ **

This program also prepares students for employment in general financial institutions where modeling, quantitative risk analysis, management of investment instruments, asset and liability management, life contingencies and insurance assessment, and other complex financial calculations are required.

__ REQUIREMENTS.__ A Faculty of Science Certificate in Actuarial and Financial Mathematics will be awarded to a student who meets the following requirements:

1.Completion of the 20 credit Major or Honours programme in Mathematics and/or Statistics.

2.Completion of the following nine mathematics classes

MATH 1000, MATH 1010

MATH 2001, MATH 2002, MATH 2030, MATH 2600, MATH 2120

MATH 3300, MATH 3900

3.Completion of the following four statistics classes

STAT 2060, STAT 2080

STAT 3340, STAT 3360

** ADDITIONAL RECOMMENDED (BUT NOT REQUIRED) COURSES**:

MATH 3310, MATH 3800/ECON 3800

STAT 3460, STAT 4390, STAT4701, STAT4703

__ NOTE 1.__ The Certificate in Actuarial and Financial Mathematics (CAFM) is only available to those who are currently registered at Dalhousie University.

__ NOTE 2.__ The Society of Actuaries, Canadian Institute of Actuaries, and
Casualty Actuary Society have implemented Validation by Educational Experience (VEE) requirements for Applied Statistical
Methods, Economics and Corporate Finance. These are requirements which must be fulfilled prior to
professional designation as an Associate or Fellow of one of the Societies.

MATH2600 (Theory of Interest) - the content of this class is similar to that of Society of Actuaries Examination FM (Financial Mathematics) - OPTION A.

STAT3360 (Probability) - the content of this class is similar to that of the Society of Actuaries Examination P (Probability).

STAT4701 (Actuarial Models I) - the content of this class is similar to that of the Society of Actuaries Examination M (Actuarial Models).

STAT4703 (Actuarial Models II) - the content of this class is similar to that of the Society of Actuaries Examination C (Construction and Evaluation of Actuarial Models).

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To register your intent to complete the requirements__ for the Certificate in Actuarial and Financial Mathematics, please contact Professor Bruce Smith (bruce.smith@dal.ca) two to three months prior completion of your degree requirements.

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