Mathematics and Applied Mathematics （Sino-US Cooperative Actuarial Science and Risk Management）
Training objectives:
This major comprehensively implements the Party's educational policy, implements the fundamental task of cultivating morality and talents, adapts to major strategic needs of the country and regions, bases itself in Zhejiang, radiates across the country, follows the growth laws of disciplinary talents, cultivates good mathematical literacy, outstanding statistical application ability, solid actuarial basic theory and professional knowledge, and can be applied in the insurance industry, fund industry, securities investment industry, banking Internationally versatile talents engaged in product design, risk management, decision-making consulting, and other related work by relevant government departments and large and medium-sized enterprises.
Main courses:
Calculus, Linear Algebra, Compound Interest Mathematics, Financial Mathematics, Probability Theory, Mathematical Statistics, Fundamentals of Actuarial Mathematics, Financial Risk Management, Stochastic Processes, Actuarial Models, Actuarial Mathematics 1 (Life Insurance Actuarial), Actuarial Mathematics 2 (Non Life Insurance Actuarial), etc.
Duration: Four years
Degree awarded: Bachelor of Science degree
Professional Characteristics:
This major starts with the construction of an international major, takes the internationalization of disciplinary development as the starting point, and aims to cultivate students' internationalization. The connotation of international characteristics is rich. In terms of internationalization of professional construction, we have established cooperative education mechanisms with foreign universities such as Central Tennessee State University, North Carolina State University, and York University in Canada, introducing and integrating each other's courses, textbooks, teaching concepts, and management experience, and continuously and stably introducing foreign teachers to teach on campus. In terms of internationalization of discipline construction, we encourage and support teachers to participate in actuarial conferences, hold annual international actuarial and financial seminars, and exchange academic issues with domestic and foreign peers. In terms of internationalization of talent cultivation, we will refer to advanced foreign training concepts and carry out a multi-directional actuarial insurance talent cultivation model to cultivate talents with an international perspective.
Employment and further education:
This major encourages students to take the North American Actuary Examination. 384 students have passed the Global Certified North American Actuary Examination, and 5 students have obtained the North American quasi actuarial qualification. After graduation, students can serve the insurance industry, fund industry, securities investment industry, banks, relevant government departments, and large and medium-sized enterprises, providing intellectual support such as product design, risk management, and decision-making consultation for modern insurance, financial investment, social security, and other industries. At present, the employment situation of six graduates is good, and most of them choose to work for well-known domestic and foreign companies such as KPMG Consulting, Munich Reinsurance Company, People's Insurance Company of China, Liberty Mutual, China Korea Life Insurance, China Dutch Insurance, Scotiabank, China Construction Bank, Industrial and Commercial Bank of China, etc. The average enrollment rate in the past five years has reached 58%, and nearly 90% of the top 100 universities in the world have been admitted, such as Columbia University, Johns Hopkins University, New York University, University of Toronto, Tsinghua University, Fudan University, etc.
