AcSc Certificate Description

Register Here

Program Description

Actuarial Science is a discipline that uses probability, statistics, and other mathematical methods to assess risk and its financial impact. Finance, economics and computer science are also important components of actuarial study. Actuaries, who must pass a series of rigorous professional exams to be fully credentialed, find employment with insurance companies, banks, government agencies, investment houses, consulting firms, and many other kinds of organizations.  For many, many years, actuarial careers are consistently ranked among the best jobs with high work/life quality, excellent pay and proven advancement:

Articles – Be An Actuary

The mission of the Morgan State University Actuarial Science Program, recognized and approved by the Maryland Higher Education Commission, is to increase the number of highly qualified students, especially among underrepresented populations, entering careers in actuarial and actuarial-related fields.

Morgan State University’s Actuarial Analyst Certificate offers candidates academic support for the Exams P and FM.  The program further provides access to key professional development opportunities through exposure to valuable industry connections and job opportunities!  

Location

Online

Cost

$399 per month, plus a $20 administrative fee
(significant aid exists for promising candidates)

Instructor Biographies

Candice Marshall, PhD

Dr. Candice Marshall has been the actuarial science program director in the Department of Mathematics at Morgan State University, the only HBCU with a BSc in Actuarial Science since August 2018.  Under her leadership, Morgan State University successfully initiated several actuarial and insurance professional organizations including a Gamma Iota Sigma chapter and the International Association of Black Actuaries chapter.  At the 2020 national conference, the Alpha Xi Chapter of Gamma Iota Sigma received the most improved chapter award.

Dr. Marshall’s primary research areas are Algebra and Combinatorics, particularly Riordan Group Theory. Her most recent publication in the Applicable Analysis journal can be found by clicking here. More recently, she has been working as the lead researcher on a team of 3 after being approved for a Leveraging Big Data grant sponsored by UNCF, Excelencia and the Coleridge Initiative.  Dr. Marshall continues to stay connected to industry both through her professional development efforts and through projects at The Travelers.

Dr. Marshall holds a BSc in Mathematics, MA in Mathematics and a PhD in Industrial and Computational Mathematics all from Morgan State University.

Timothy J. Luedtke, FSA, MAAA, CFA

Tim Luedtke, currently a Morgan State University faculty adviser, was most recently an assistant professor of practice in the Department of Risk, Insurance and Healthcare Management at the Fox School of Business. He is also the founder and CEO of Navigator Benefit Solutions, a consulting firm which helps insurers, employers, healthcare providers, and brokers navigate the complex world of healthcare reform, employee benefits, insurance design with consulting, technical, management and expert witness services.

With over 25 years of experience with leading Fortune 100 insurance and banking organizations, as well as the Big Four auditors, Luedtke has worked in the areas of new business development, investment management, product development, strategic growth, insurance securitizations, life settlements, international, long-term care, and corporate development. He has written and presented on numerous health and employee benefit topics, including captive insurance, comparative effectiveness, consumer-driven healthcare, and pay for performance. Current research and development focuses on helping regulators and carriers address the growing financial threat to today’s long-term care market.

Mr. Luedtke holds a BS in Actuarial Science from the University of Nebraska; is both Fellow of the Society of Actuaries and Chartered Financial Analyst; and has held a Pennsylvania Life and Health Producer License.

Elisabeth Kemajou-Brown, PhD

Dr. Kemajou-Brown is an Associate Professor in the School of Computer, Mathematical and Natural Science at Morgan State University. As an Actuarial Science faculty, she teaches courses that prepare students for passing several Actuarial exams since 2015 to present. In addition, she is the instructor of Applied Regression, Correlation and Time Series Analysis, including Probability and Statistics courses at the undergraduate and graduate levels. Prior to Morgan Dr. Kemajou-Brown taught actuarial science and financial Mathematics courses in the Minnesota Center of Financial and Actuarial Mathematics (MCFAM) at the University of Minnesota in Minneapolis Twin-cities campus for three years (2012-2015).

Dr. Brown has served on several conference and workshop program committees including as the Diversity & Inclusion committee Program co-Chair for the Society of Industrial and Applied Mathematics (SIAM) 2021 Computational Science and Engineering (CSE21) conference Broader Engagement (BE) program. She co-organized the AMS Special Session on Stochastic Analysis and Applications in Finance,  Actuarial Science, and related Fields at the JMM 2021. She has founded the American Statistical Association Student Chapter (Statistics Club) at Morgan State University, and has served as the advisor from 2015 to present.

Dr. Brown’s research interests lie in the areas of stochastic analysis, mathematical modeling, ranging from theory to applications using real data. My main interest includes developing and/or analyzing models in economics or finance, simulating using real data. Recent topics of interest involve statistical and machine learning. She has collaborated actively with researchers in several other disciplines such as engineering, computer science, particularly computer architecture on problems at the software interface.

Dr. Brown completed her Ph.D. at Southern Illinois University Carbondale and her masters studies at both the African Institute for Mathematical Sciences (AIMS) in South Africa and the University of Yaounde 1. Her undergraduate studies were completed at the University of Yaounde 1.

Ahlam Tannouri, PhD