UTSA College of Business to Offer
Actuarial Science Degree Program
—August 15, 2002
The College of Business will begin offering a bachelor's of business
administration degree in actuarial science this fall.
"This program was created due to the increasing need for properly
trained actuarial candidates in various areas of the insurance industry,"
said Bruce Bublitz, dean of the College of Business and champion of the
program. "Our program will provide students with a strong and versatile
background, which will help them pass their actuarial exams through a
curriculum focused on professional needs."
Actuarial science uses mathematics, statistics, insurance, economics
and many other business disciplines. An actuary applies mathematical models
to problems of insurance and finance. In this role, they develop models
to evaluate the current financial implications of uncertain future events.
Currently, no such program exists in the San Antonio and South Texas
region.
Community insurance leader USAA reviewed the degree program, and their
actuaries have volunteered to serve on an advisory committee and to mentor
students.
Faculty members instrumental in creating this degree program were Nandini
Kannan, associate professor of management science and statistics, and
Jim Groff, professor of accounting.
"Our actuarial science degree program will improve the success rates
on actuarial exams, increase cooperation between UTSA and the private
sector and provide greater access to a financially beneficial career path
for students," said Jerry Keating, chairman of the Department of
Management Science and Statistics.
UTSA's College of Business is accredited by AACSB International, The
Association to Advance Collegiate Schools of Business. It is one of the
40 largest business schools in the nation with more than 4,800 enrolled
students and 35 different graduate and undergraduate business programs.
For more information about College of Business degree programs, call 210-458-4562
or visit the college's Web site at http://www.business.utsa.edu.
Wendy Frost—
____________________________________________________________________
|