In December 2018, the Saint Mary’s actuarial program was approved by the Society of Actuaries (SOA) for UCAP-IC status (Universities & Colleges with Actuarial Programs-Introductory Curriculum). For UCAP-IC status, the program must have courses covering at least two SOA preliminary exams and approved courses for at least one VEE topic area. Right now we cover Exam P – Probability and Exam FM – Financial Mathematics and have VEE courses approved in four areas: Accounting and Finance, Corporate Finance, Economics, and Mathematical Statistics.
Most importantly, this means our program is now one of only six Minnesota actuarial programs (Mankato, Moorhead, UM-Twin Cities, UM-Duluth, St. Thomas) listed on the SOA website.
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