Abstract

The education of actuarial students has been discussed from time to time at meetings of the Society of Actuaries and its predecessor organizations, the Actuarial Society of America and the American Institute of Actuaries. The company actuaries who have participated in these discussions have usually confined themselves to the syllabus for the Society's examinations, the nature of the examinations, and the standards for passing. Mention of college programs by company actuaries has been limited. It is my impression that the typical company actuary regards the education of an actuary as almost synonymous with the attainment of Fellowship, and does not hold a strong opinion with respect to a college program. The matter of education of students is a popular discussion topic because opinions vary widely and there is no right answer. Almost any position with respect to either the Society syllabus or college programs can find support among Fellows of the Society. Professors Black and Zubay,l for example, have chosen to quote an anonymous new Fellow's answer to a questionnaire.

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