Instructors
Dr. Krzysztof
Ostaszewski, FSA,
CERA,
FSAS, CFA, MAAA,
Actuarial Program
Director
Office: Stevenson Hall room 313G. Office telephone: 309-438-7226,
office fax: 309-438-5866. E-mail: krzysio@ilstu.edu
Mr. Ken Williams, FCAS, MAAA, Staff Actuary, Casualty Actuarial Society. e-mail: kwilliams@casact.org
Textbooks
Complrte study notes for this class are provided on Reggienet.
The following textbooks are suggested, but not required:
• David C. M. Dickson, Mary R. Hardy, and Howard R. Waters, Actuarial Mathematics for Life Contingent Risks, Third Edition, Cambridge University Press, ISBN: 9781107044074.
• Sheldon M. Ross, Introduction to Probability Models, 12th Edition, Academic Press, ISBN: 9781108478083.
Grading
There will be a total of six tests. Any of the comprehensive tests
(as indicated in the schedule) can count as a final. Because there
will be many opportunities for testing and only the best three
scores will affect the class grade (but with the opportunity for
extra credit for two more tests), no make-up tests will be
offered. The final will count as 40% of your grade, and the best
two of the remaining tests will count as 30% of your grade each.
You will also receive up to 10% extra credit for the best two
(each) of the remaining tests. The grading scale for will be as
follows: 90% or better -- A, 80% to 90% -- B, 70% to 80% -- C, 60%
to 70% -- D, below 60% -- F. Tests will be about 70% multiple
choice, and the rest will be written answer. Students are strongly
encouraged to explain their work thoroughly even in the multiple
choice part of the test, as points for the work shown may be
awarded. Also, this is an undergraduate class available for
graduate credit, and this means that graduate students will be
required to do additional work to earn the same grade as
undergraduate students -- this will be represented in the
structure of the tests and the grading scheme. Graduate students
should expect to do about 10% more work than undergraduate
students for the same grade.
The tests in the class may be given online. Note that use of
a webcam by each student may be required for tests in this
class that will be given online. Students may have
to go through Onboarding Test in Proctortrack before they can
take class tests.
Class attendance
While this class does not have a strict formal attendance
requirement, students who actively participate in class, and make
a significant contribution may be granted extra credit. You are
expected to attend classes and be involved in the learning
process. If you must miss class due to an extended illness (3 or
more consecutive class days) or bereavement, the Student Health
Services and the Dean of Students
Office can help. Please note this university policy: Excused
Student Absences Due to Communicable Disease.
Important dates
Illinois State University withdrawal information for the Fall 2021
semester is given at the web site of University Registrar.
Student Access and Accommodation
Services
Any student needing to arrange a reasonable accommodation
for a documented disability and/or medical/mental health condition
should contact Student
Access and Accommodation Service at 350 Fell Hall, (309)
438-5853, or visit the website at StudentAccess.IllinoisState.edu.
No recording of this class is allowed
Students may not photograph or use audio or video devices to
record classroom lectures or discussions or visual materials that
accompany them (e.g., lecture slides, whiteboard notes/equations).
Students with disabilities who need to record classroom lectures
or discussions must contact Student Access and Accommodation
Services to register, request and be approved for an
accommodation. Students who violate this policy may be subject to
both legal sanctions for violations of copyright law and
disciplinary action under the University’s Code of Student
Conduct.