UPH Actuarial Received Advanced Curriculum Recognition from the Society of Actuaries

by / Thursday, 10 September 2020 /
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The Pelita Harapan University (UPH) Mathematics Study Program has won international recognition by obtaining the Advanced Curriculum certification, so that UPH is listed in Universities and Colleges with Actuarial Programs (UCAP), as one of the universities and colleges that has the best Actuarial Department in all world, published by the Society of Actuaries (SOA) at https://www.soa.org/institutions/. This recognition makes the UPH Mathematics Study Program the only university in Indonesia that is included in the UCAP SOA list. This means that UPH Actuarial and Applied Mathematics students can use the scores they receive as transition credit to register for the SOA Validation by Educational Experience (VEE) accreditation exam.

In addition, UPH Actuarial students have the opportunity to put the knowledge they have gained and explore the latest actuarial applications in the field; through collaborations with other leading organizations in the actuarial world such as the Institute and Faculty of Actuaries (IFOA).

SOA was founded in 1949, as the largest professional actuarial organization in the world and has more than 30,000 members worldwide. Meanwhile, UCAP is a recognition list containing the names of universities and colleges that have actuarial programs according to SOA standards.

To get the UCAP-Advanced Curriculum Recognition, UPH has met a series of requirements set by SOA, including having several courses that are equivalent to a minimum of 4 SOA professional exams and several courses that meet the Validation by Educational Experience (VEE) qualifications from SOA, namely VEE Accounting & Finance, VEE Economics, and VEE Mathematical Statistics.

Kie Van Ivanky Saputra, S.Si., Ph.D., Head of the UPH Actuarial and Applied Mathematics Study Program said, "UPH is able to have courses that support and prepare its students to take the SOA actuarial exam, including: Financial Mathematics (FM) ), Exam Investment & Financial Markets (IFM), Exam Long-Term Actuarial Mathematics (LTAM), Exam Probability (P), and Exam Short-Term Actuarial Mathematics (STAM). The UPH Actuarial and Applied Mathematics Department targets to get the highest recognition from SOA to universities, namely as Centers of Actuarial Excellence (CAE) in the future. "
Through this certification, UPH will have the opportunity to obtain resources and funding from the UCAP SOA project, as well as use the SOA platform to increase UPH's international visibility. UPH was also recommended by UCAP as the best choice for prospective students who are interested in actuarial programs with world-class quality.

"In other words, UPH is recognized as a university that can provide actuarial education according to SOA standards. We hope that there will be many opportunities, very good opportunities for students who are currently studying in the Mathematics Study Program, "said Ivanky.

The UPH Mathematics Study Program was established in 2005 with a full commitment to have quality education and is supported by a vision to develop the latest discipline that is respected both nationally and internationally. Research conducted by lecturers in Mathematics includes Financial Mathematics, Actuarial Science, Applied Mathematics, and Mathematics and Statistics Education.

With this achievement, prospective UPH students can certainly enjoy a competitive quality of education and have a network with an international level, through the best education in the Actuarial field. For 12th grade high school students who aspire to become actuaries, continue your studies in the Mathematics study program by taking advantage of the '100 Billion Scholarship' opportunity for the 2021/2022 Academic Year (TA).

For further information, please contact UPH Student Consultant at 08111.63.2838.
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