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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
• Actuarial Examination SOA FM/ CAS 2
• Actuarial Examination SOA MLC
with Dr. Krzysztof Ostaszewski, FSA, CERA, FSAS, CFA, MAAA.

 

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

The seminar is offered online only, with registration good for one year, but candidates who pass the exam within 90 days will receive $100 back. 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. 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 or Actuarial Bookstore. Online resources for the seminar will include practice problems.

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

The seminar is offered online, starting in December 2011,  with registration good for one year, but candidates who pass the exam within 90 days will receive $100 back. This 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. Participants are asked to purchase the study manual for Course FM written by Dr. Krzysztof Ostaszewski, available from Actex Publications or Actuarial Bookstore, which will be used as the seminar textbook. Online resources for the seminar will include practice problems.

Society of Actuaries Course MLC Examinations Preparation Seminar

Course MLC seminar is taught entirely online. All of the material on the examination will be presented in video lectures and illustrated with a variety of practice problems. All participants in this seminar 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 fourteen practice examinations similar to a real examination. The material is presented in ten lectures corresponding to ten ections of the maual:

Section 1: Markov Processes
Section 2: Survival Models
Section 3: Life Insurance
Section 4: Life Annuities
Section 5: Premiums
Section 6: Reserves
Section 7: Multiple Lives
Section 8: Multiple Decrements
Section 9: Insurance Models Including Expenses
Section 10: Universal Life

About the instructor

Dr. Krzysztof Ostaszewski is a Fellow of the Society of Actuaries, Chartered Enterprise Risk Analyst, Fellow of the Singapore Actuarial Society, 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 is also the Reearch Director for Life Insurance and Pensions at the Geneva Association, the International Association for the Study of Risk and Insurance Economics. 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: $350 for one year (participants who pay this fee and pass the exam within 90 days get $100 back)

Illinois State University students are eligible for a scholarship covering the entire fee, should not pay, but apply for the scholarship (inquire by sending an e-mail to: actuary@illinoisstate.edu).

Course FM/2 seminar: $350 for one year (participants who pay this fee and pass the exam within 90 days get $100 back)

Illinois State University students are eligible for a scholarship covering the entire fee, should not pay, but apply for the scholarship (inquire by sending an e-mail to: actuary@illinoisstate.edu).

Course MLC seminar: $650 for one year (participants who pay this fee and pass the exam within 180 days get $100 back)

Illinois State University students are eligible for a scholarship reducing this fee to $325, please contacr Dr. Krzysztof Ostaszewski to apply for it.

Unemployed alumni of Illinois State University have the same rights as current Illinois State University students for fees reductions in 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.conferences.illinoisstate.edu/Actuarial. 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 seminars. All active Illinois State University students are alsp eligible for scholarships reduing the fee for the Course MLC seminar fee. Students requesting these scholarships should contact Dr. Krzysztof Ostaszewski. All scholarships are subject to availability of funds.


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. The student must be an active member of the Actuarial Club to receive this reimbursement.

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. Student must still be enrolled at Illinois State Univeristy to receive a reimbursemnet. All reimbursements are always subject to availability of funds.

Seminars fees are non-refundable.