by Linden N. Cole, SOA Managing Director,
and Yuan Chang, SOA Vice President
In June, the Society of Actuaries and Nankai University celebrated the tenth anniversary of the signing of the agreement of support for the university's graduate program in actuarial science, and renewed the program for another three years. Teachers are being sought for all of the Associateship examinations and some of the CAS examinations for this new cycle which begins fall 1997 and continues through January 2000.
The courses are listed below with Nankai's preferences in ( ). For example, Life Contingencies Part I is Nankai's first preference to be taught by a Society member. Each course will be completed within a period of one month—with three weeks for lecturing, fifteen hours a week, total forty-five hours, and one week flexible at the sole discretion of the Member. The Society courses schedule will be flexible within the semester to accommodate to the teacher. Teaching assistants will be supplied by the University from among graduates of prior actuarial programs. A copy of any textbook and reference material to be used by a Member in teaching a course will be provided by the Society.
During their stay in China, the University will provide Members with an apartment, clinical medical care and local transportation for work during their stay at the University, and an allowance of 3,000 yuan (RMB) for each course (45 class hours). Members participating in this program are responsible for their round-trip international airfare.
1st Semester: September 1997 - January 1998
Theory of Interest (pref: 10)
Life Contingencies Part I (1)
Note: if only one teacher will come, Nankai would like him/her to teach course on
Life Contingencies.
2nd Semester: March 1998 - June 1998
Life Contingencies Part II (2)
Casualty Contingencies (3)
3rd Semester: September 1998 - January 1999
Casualty Loss Distributions (8)
Survival Models and Construction of Actuarial Tables (9)
4th Semester: March 1999 - June 1999
Introduction to Financial Security (4)
Principles of Asset/Liability Management (5)
5th Semester: September 1999 - January 2000
Introduction to Actuarial Practice (6)
Introduction to Asset Management and Corporate Finance (7)
The administration of the program from the SOA side will now be centered in the new Asia Committee, with support from the SOA office in the U.S. If you would like to teach at Nankai, or if you know of others that might be interested, please respond directly to Clement Cheung at his SOA Directory address in Hong Kong (the FAX number is also shown in the Directory). His e-mail address is 73231.455@compuserve.com.
Linden N. Cole is Managing Director, Society of Actuaries, Schaumburg, Il. Yuan Chang is chairman and CEO, MetLife Greater China Operations, Hong Kong.
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