CAS IT

Search CAS | 

College of Arts & Science | 

Center of Actuarial Excellence Actuarial Science at Illinois State University
Our faculty are engaged in cutting edge research, funded by various external agencies, and published in books and top-level journals.

Register for Prep Classes

There are two ways to register for the Actuarial Examinations Intensive Review Seminars:

Register Online

or

Download our PDF Registration Form

You can fax the completed form to

(309) 438-5364

or mail it to:
Illinois State University

Conference Services
Campus Box 8610

Normal, IL 61790-8610

ISU students and alumni  of Illinois State University: please use the PDF Registration Form and submit it to Dr. Krzysztof Ostaszewski.

Support for these seminars may be available from Illinois Workforce Development System.

Actuarial Examinations Intensive Review Seminars

Illinois State University Actuarial Program, a Center of Actuarial Excellence, presents intensive review seminars preparing for:
• Actuarial Examination SOA P/ CAS 1, with Dr. Krzysztof Ostaszewski, FSA, CERA, CFA, MAAA
• Actuarial Examination SOA FM/ CAS 2 with Dr. Krzysztof Ostaszewski, FSA, CERA, CFA, MAAA
• Actuarial Examination SOA MFE with Dr. Ewa Kubicka, ASA
• Actuarial Examination SOA MLC with Dr. Ewa Kubicka, ASA and Dr. Krzysztof Ostaszewski, FSA, CERA, CFA, MAAA

 

Society of Actuaries Course P / Casualty Actuarial Society Course 1 Examination Preparation Seminar

The following seminars are scheduled:

  • April 24-25, 2010 (for the May 26 -- June 6, 2010 testing dates).
  • June 5-6, 2010 (for the July 27 -- August 7, 2010 testing dates).
  • August 28-29, 2010 (for the September 21 -- October 2, 2010 testing dates).
  • October 9-10, 2010 (for the November 16-30, 2010 testing dates).

The seminar will review material covered on the Course P/1 examination on probability. All of the material on the examination will be thoroughly explained and illustrated with a variety of practice problems. Then some practice examinations will be discussed and examination strategies explained. Participants are asked to purchase the Actuarial Study Materials manual for Course P, which will be used as the seminar textbook. This textbook will not be required, but candidates without it will not be able to fully benefit from the seminar. The textbook can be purchased at Actex Publications, The Actuarial Bookstore, or Slide Rule Books. The review will end with an optional practice test (mandatory for Illinois State University students) offered in the evening of the second day, and participants can also take a copy of that diagnostic test, with complete solutions, with them.

Society of Actuaries Course FM / Casualty Actuarial Society Course 2 Examination Preparation Seminar

The following seminars are scheduled:

  • March 13-14, 2010 (for the Mary 19 -- May 25, 2010 testing dates).
  • June 12-13, 2010 (for the August 19 -- August 25 testing dates).
  • October 23-24, 2010 (for the December 1 -- December 8, 2010 testing dates).

This two-day seminar will review material covered on the Course FM/2 examination on financial mathematics. All of the material on the examination will be thoroughly explained and illustrated with a variety of practice problems. All of the new investment material will be included. Then some practice examinations will be discussed and examination strategies explained. Participants are asked to purchase the study manual for Course FM written by Dr. Krzysztof Ostaszewski, available from the New England Actuarial Seminars, or from Actex Publications, Actuarial Bookstore, or from Slide Rule Books, which will be used as the seminar textbook. The seminar will end with an optional practice test (mandatory for Illinois State University students) offered in the evening of the second day, and participants can also take a copy of that diagnostic test, with complete solutions, with them.

Society of Actuaries Course M (MLC and MFE) Examinations Preparation Seminar

The following seminars are scheduled:

The two seminars (MFE & MLC) can be taken separately, or together. The seminars will prepare candidates for the Society of Actuaries Course M examination, with the first two days devoted to Course MFE and taught by Dr. Ewa Kubicka, ASA, the third day devoted to the Markov processes and Poisson processes portion of Course MLC, also taught by Dr. Ewa Kubicka, ASA, and the last three days devoted to life contingencies portion of MLC, and taught by Dr. Krzysztof Ostaszewski, FSA, CERA, CFA, MAAA. All of the material will be thoroughly explained and illustrated with a variety of practice problems. All participants in this review will receive a complimentary study manual to use in preparation for their exam, which will also serve as the textbook for the seminar. The manual will include practice examinations similar to a real examination.

 

About the Instructors

Dr. Ewa Kubicka is an Associate of the Society of Actuaries. She holds a Ph.D. in Mathematics from the Western Michigan University. She is a Professor of Mathematics, Actuarial Program Director, and Internship Director at the University of Louisville. She has taught actuarial science classes at the University of Louisville.

Dr. Krzysztof Ostaszewski is a Fellow of the Society of Actuaries, Chartered Enterprise Risk Analyst, Member of the American Academy of Actuaries and a Chartered Financial Analyst. He holds a Ph.D. in Mathematics from the University of Washington. He is the Actuarial Program Director and Professor of Mathematics at Illinois State University. He has taught actuarial science at Illinois State University, Washington University in St. Louis, University of Ulm in Germany, New England Actuarial Seminars, Actex Professional Development Seminar, University of Louisville, and the Actuarial Summer School in Poland. He was a core instructor for the Society of Actuaries Course 7 Applied Modeling Seminar. For a full biography of Dr. Ostaszewski, go to http://math.illinoisstate.edu/krzysio/krzys.html.

Cost

Course P/1 seminar: $330

Illinois State University students are eligible for a scholarship covering the entire fee, should not pay, but apply for the scholarship, see below.

Past Course P/1 seminar participants who paid a full fee and want to take the review again may qualify for a reduced fee of $105 and should contact Dr. Krzysztof Ostaszewski about their situation.

Course FM/2 seminar: $330

Illinois State University students are eligible for a scholarship covering the entire fee, should not pay, but apply for the scholarship, see below.

Past Course FM/2 seminar participants who paid a full fee and want to take the review again may qualify for a reduced fee of $105 and should contact Dr. Krzysztof Ostaszewski about their situation.

Course MFE seminar: $400

Illinois State University and University of Louisville students are eligible for a scholarship reducing this fee to $175, please Dr. Krzysztof Ostaszewski to apply for it. Past Course MFE seminar participants who paid a full fee and want to take the review again may qualify for a reduced fee of $105 and should contact Dr. Krzysztof Ostaszewski about their situation.

Course MLC seminar: $650

Illinois State University and University of Louisville students are eligible for a scholarship reducing this fee to $275, please Dr. Krzysztof Ostaszewski to apply for it. Past Course MLC seminar participants who paid a full fee and want to take the review again may qualify for a reduced fee of $175 and should contact Dr. Krzysztof Ostaszewski about their situation.

Course MFE seminar and Course MLC seminar taken together: $925

Illinois State University and University of Louisville students are eligible for a scholarship reducing this fee to $325, please Dr. Krzysztof Ostaszewski to apply for it). Past Course MFE/MLC seminar participants who paid a full fee and want to take the review again may qualify for a reduced fee of $200 and should contact Dr. Krzysztof Ostaszewski about their situation.

Unemployed alumni of Illinois State University have the same rights as current Illinois State University students for all of the above registrations. Employed alumni of Illinois State University are eligible for a 10% discount but only if they submit their paper form registration to Dr. Krzysztof Ostaszewski.

Registration

You can also register online at: http://www.peopleware.net/2390. The registration form is also available for download. Please fax your registration to (309) 438-5364 or send by regular mail to:
Illinois State University,
Conference Services, Campus Box 8610,
Normal, IL 61790-8610, U.S.A.

Questions? Please call the Conference Services at Illinois State University, tel. 309-438-2160 or 800-877-1478.

All active (i.e., currently enrolled in at least one class) Illinois State University students are eligible for a scholarship covering their fee for Course P/1 and/or Course FM/2 reviews. If you are an Illinois State University student, send a statement in support of such application to Dr. Krzysztof Ostaszewski. While we expect to offer the scholarships to all ISU students, those scholarships are not automatic, and our funds are limited (please do not be discouraged, as we have granted every single request up to date). Illinois State University students who receive this scholarship and subsequently do not attend the review practice tests without canceling with at least two weeks notice will have to pay a cancellation fee of $100, or they will forfeit their right to this scholarship in the future, as well as actuarial exams fees reimbursements and other actuarial scholarships. Illinois State University students who received the scholarship are unconditionally required to take the diagnostic test for the seminar they are taking, and not taking the test is considered as absence from the seminar, and will be assessed a cancellation fee. All active Illinois State University students and the University of Louisville students are eligible for scholarships reduing the fee for the Course M (MFE & MLC) seminars fees. Students requesting these scholarships should contact Dr. Krzysztof Ostaszewski.

Illinois State University students are also eligible for reimbursement of the cost of a study manual purchased for the Course P/1 or Course FM/2 seminar, or the fee paid for the seminars for Courses MFE or MLC, as follows:

• 100% reimbursement if after the seminar the student takes the corresponding professional actuarial examination and passes it, or

• 50% reimbursement if after the seminar the student takes the corresponding professional actuarial examination and fails it.

No reimbursement will be provided if the student does not attempt the corresponding professional actuarial examination. However, the examination attempt can be at any time subsequent to the seminar. Only one reimbursement will be provided.

Although we will make every effort to accomodate every applicant, registrations received after registration deadline of two weeks before first day of classes may be rejected. We also reserve the right to cancel these seminars if the enrollment does not reach the level of at least five students. We are very sorry that we have to reserve this right, but due to fixed expenses we are simply unable to run the seminars with very low enrollment. In case of cancellation, fees paid will be refunded in full. Please note, however, that we have very rarely cancelled previous seminars, and we make every effort to always run them.

Confirmation letter, information about hotels available in the area (this information is also given below), and map will be sent upon paid registration.

There is a $100 cancellation fee until two weeks before course begin date. No refunds will be issued after that date. Cancellation requests must be in writing. Medical emergencies may be accommodated with a note from a physician.

 

We Can Come to You

All of the seminars are available for offering on site anywhere in the world, subject to negotiation concerning fees, travel expenses (business class airfare for instructors is expected) and local accommodations. Expected fees (not including travel and accommodations) are $6000 for Course P/1 seminar, $6000 for Course FM/2 seminar, $6,000 for the Course MFE seminar, $12,000 for the Course MLC seminar, and $17,000 for the combined Course M seminar.  We also offer Actuaries Can Communicate! one day (six hours) seminar on actuarial communication by Dr. Catherine Konsky and Dr. Krzysztof Ostaszewski, for $4,000 plus travel costs and accommodations (all of these are, however, subject to final agreement). Please contact Dr. Ostaszewski about your need for an on-site seminar.

 

Seminars Schedule

Course P/1

Seminar will be held on campus of Illinois State University in Normal, IL and taught entirely by Dr. Ostaszewski.

  • February 2010 offering:
    • Saturday, February 6, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, February 7, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.
  • April 2010 offering:
    • Saturday, April 24, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, April 25, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.
  • June 2010 offering:
    • Saturday, June 5, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, June 6, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.
  • August 2010 offering:
    • Saturday, August 28, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, August 29, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.

 

Course FM/2

Seminar will be held on campus of Illinois State University in Normal, IL and taught entirely by Dr. Ostaszewski.

  • March 2010 offering:
    • Saturday, March 13, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, March 14, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.
  • June 2010 offering:
    • Saturday, June 12, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, June 13, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.
  • October 2010 offering:
    • Saturday, October 23, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m., in College of Business room 149.
    • Sunday, October 24, 2010, 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. Practice test: 5:00 p.m. -- 8:00 p.m., in College of Business room 149.

 

Course M (MFE + MLC)

Spring 2010

Course MFE (taught by Dr. Ewa Kubicka)

  • March 2010 offering:
    • Saturday, March 27, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m.
    • Sunday, March 28, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m.

Course MLC (taught by Dr. Ewa Kubicka and Dr. Krzysztof Ostaszewski)

  • March-April 2010 offering:
    • Monday, March 29, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (Markov processes and Poisson processes taught by Dr. Ewa Kubicka)
    • Tuesday, March 30, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)
    • Wednesday, March 31, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)
    • Thursday, April 1, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)

Fall 2010

Course MLC (taught by Dr. Ewa Kubicka and Dr. Krzysztof Ostaszewski)

  • October 2010 offering:
    • Wednesday, October 13, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)
    • Thursday, October 14, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)
    • Friday, October 15, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (life contingencies taught by Dr. Krzysztof Ostaszewski)
    • Saturday, October 16, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m. (Markov processes and Poisson processes taught by Dr. Ewa Kubicka)

Course MFE (taught by Dr. Ewa Kubicka)

  • October 2010 offering:
    • Sunday, October 17, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m.
    • Monday, October 18, 2010: 8:00 a.m. -- 12:00 noon, 1:00 p.m. -- 5:00 p.m.

 


Travel information

If you travel here, you can fly into the Bloomington/Normal airport, about 3.5 miles from campus. Many local hotels provide free shuttle to and from the Bloomington/Normal airport, as well as to and from campus. Please inquire about the shuttle service at the hotel directly. Some local hotels are listed below. When you call the hotel, mention Illinois State University, as hotels often offer discounts for the university. Other nearby airports include: Peoria (35 miles away), Springfield (70 miles), Urbana-Champaign (60 miles), Chicago O'Hare (140 miles) and Chicago Midway (140 miles). There is a shuttle service by Lincolnland Express and bus service by Peoria Charter Coach Company connecting the Chicago O'Hare and Chicago Midway airports with the center of campus of Illinois State University. There is also Amtrak train service directly to campus from downtown Chicago and from St. Louis.

Hotels
Best Western
The Chateau
Courtyard by Marriott
Country Inn
Doubletree
Holiday Inn
Holiday Inn Express

Marriott