Department of Mathematics and Actuarial Science
Mathematics has long been recognized as an essential tool for developing theory and research in a broadrange of quantitative fields. The study of mathematics provides training in disciplined thought and analysis. Mathematicians create new theories and techniques using the latest technology and solve economic, scientific, engineering, and business problems using mathematical knowledge and computational tools.
Mathematics prepares students for a variety of jobs and careers, to be a mathematics teacher, or to go to graduate school. In addition to the math major we offer concentrations in statistics and secondary education.
As described in the Occupational Outlook Handbook of the U.S. Bureau of Labor Statistics, actuaries answer questions about future risk, make pricing decisions and formulate investment strategies. Any time a company must decide whether to pursue a course of action involving substantial financial risk, they need to consult an actuary. An actuary uses quantitative tools to analyze and plan for future financial situations, such as determining an appropriate price for a company that is about to merge with another business or designing a retirement plan for a company. In addition to insurance companies, actuaries work in government, banks, financial planning and investment companies, consulting firms, public accounting firms, large industrial corporations and labor unions.
Our actuarial science degree programs prepares students for the professional exams of the Society of Actuaries and the Casualty Actuary Society. Roosevelt students pass professional exams with a success rate that exceeds the national average. Students can earn the Societies' VEE credit in the three areas of applied statistics, economics, and corporate finance as part of their degree program.
Internship opportunities for virtually all the major P&C company can be found here http://www.casstudentcentral.org/internship-opportunities/
To increase awareness of women's ongoing contributions to the mathematical sciences, the Association for Women in Mathematics
(AWM) and Math for America are co-sponsoring an essay contest for biographies of contemporary women mathematicians and statisticians in
academic, industrial, and government careers.
At least one winning submission will be chosen from each category. Winners will receive a prize, and their essays will be published online at the AWM web site. Additionally, a grand prize winner will have his or her submission published in the AWM Newsletter. (cas)
AWM website: http://www.awm-math.org/
Program URL: https://sites.google.com/site/awmmath/programs/essay-contest
Link to full program description: http://www.infoed.org/new_spin/spin_prog.asp?17276
Chicago Office: AUD 402
430 S Michigan Ave, Chicago, IL 60605
Schaumburg Office: SCH 127-A
1400 N Roosevelt Blvd, Schaumburg, IL 60173