Central College Certified by Society of Actuaries in VEE Areas
Pella, IA (07/29/2019) — The Society of Actuaries has again certified Central College for all three Validation by Educational Experience areas--Economics, Accounting and Finance, and Mathematical Statistics. Central previously was certified for all three areas before the SOA made changes to its structure in June 2018.
The SOA added accounting to what was a Corporate Finance VEE, creating a larger Accounting and Finance VEE. It also changed the Applied Statistics VEE to a more theoretical Mathematical Statistics VEE. The Accounting and Finance VEE was met by getting two of Central's introductory accounting courses certified by the SOA. The Mathematical Statistics VEE included a large list of learning objectives and topics in advanced statistical theory.
"The Mathematical Statistics VEE has proven to be quite hard for small college actuarial science programs to fill," says Mark Mills, professor of mathematics. "I'm really happy we were able to meet the SOA's requirements."
Mills said the certification required an overhaul of Central's junior-senior level statistics course, covering a large amount of advanced statistical theory that hadn't previously been included in the course. He introduced the learning objectives in the course's curriculum this past spring and then submitted it for certification.
"I am very excited for this news, because it continues to validate our actuarial science program as a complete program," Mills says. "By completing the actuarial science major, students will automatically fulfill all three required VEE areas so they won't have to make up anything once they begin their career. This definitely sets us apart."
Central College of Pella, Iowa, is a private, four-year liberal arts college. Central is known for its academic rigor, leadership and character development, global experiential learning, STEM (science, technology, engineering and math) and sustainability education, athletics and service. For more information about Central College: www.central.edu.
Media Attachments
Central College
Denise Lamphier (641) 628-5986, lamphierd@central.eduShare this Story
Recent News
- Mat Kelly Book Exhibit at Central College's Mills Gallery
- Central College Students Elect Governance Leaders
- Central College to Host Kid Captains on Grandparent Day
- Central Graduates Present Research at Iowa Communication Association Conference
- Central College Announces Geisler-Penquite Scholarship Recipients
- Central College Mathematics Professor Delivers Two Publications
- Rob Lindley '95 Returns to Central College in "Working Actor" Career Conversations
- Middle School Bandfest and Honor Band Concert to be Held at Central College
- Mills Gallery to Feature Works by Cedar River Artisans
- Central College Awarded $500,000 Annual Grant for Federal TRIO Talent Search Program