Student Organization: Actuarial Science Club

Actuarial science is the career field that applies mathematical and statistical methods to calculate risk in insurance, finance, and other industries or professions. Actuaries are professionals who are qualified through intense education and real-life experiences. Actuarial science includes several interrelated subjects, including mathematics, probability theory, statistics, finance, economics, and computer science.

ASC

The Actuarial Science Club (ASC) has been at YSU for approximately ten years. The club was created to provide opportunities for students interested in actuarial science careers. In this club, students can learn more about the profession through speakers from the industry, attendance at conferences and career/internship fairs.

Dr. Thomas Wakefield is the co-advisor of the Actuarial Science Club and he is an Associate Professor of Mathematics and Statistics. Dr. Moon Nyugen is also a co-advisor of ASC; she is an Associate Professor of Mathematics and Statistics. As the advisors, Dr. Wakefield and Dr. Nyugen work diligently to provide all the members of the club with adequate resources for their future.

“There are currently about 20 members in the Actuarial Science Club and there are no requirements to join our club,” said Aaron Loveless, President of ASC.

There are many students who do not know anything about the actuarial science field. For that very reason, ASC provides students with information that allows them to make an informed decision as to whether actuarial science is the career for them. The club also provides its members with extremely beneficial study tips and practice for actuarial examinations.

“The organization typically brings 1-2 speakers from industry in each year,” said Dr. Wakefield. “In the past YSU grads have returned to talk about their experiences working in the insurance industry.”

Several members of ASC are also preparing to attend the Midwest Actuary Student Conference at the University of Iowa at the end of September.

ASC is also involved in several aspects of campus life. They frequently partner with the other math clubs (Pi Mu Epsilon, AWM, SIAM) to support various activities each semester within the Math Department.

Any student who is considering a degree in the actuarial field is encouraged to contact Dr. Thomas Wakefield (tpwakefield@ysu.edu) or Moon Nguyen (ntnguyen01@ysu.edu) or the Club VP Maddie Cope (mcope01@student.ysu.edu). Students can also visit the website for ASC here and look for its addition to the Department page!

YSU Student Math Group Receives Award

On Friday, July 28, the YSU Association for Women in Mathematics Student Chapter was awarded the AWM Award for Professional Development at the MathFest Conference in Chicago, Illinois. The chapter was presented with a certificate and a $100 honorarium. The following students attended the event: Monica Busser, Julie Phillis, Alanis Chew, Sarah Elizabeth Odidika, Mirella Boulus, Hannah Haynie, Jacqueline Chapman, Ashley Amendol, Lexi Rager, Christine Langer, and Nathalie Halavick.

The purpose of the award was to reward a student chapter for its recruitment and development of students’ professional involvement in mathematics.

Alanis Chew, a junior Business Economics and Mathematics major, is the Secretary of YSU’s AWM Student Chapter. Speaking of the AWM Award for Professional Development, Alanis explained that “our chapter received this award because of our former president, Monica Busser, who started the AWM Bigs and Littles program.”

She also mentioned that Busser organized several events to promote women in STEM. A few of the events that YSU’s AWM was recognized for were pursuing an event that provided a more inclusive environment in STEM, the Women’s History Month Colloquium, and the Women in Math Trivia Day.

Each member that attended the conference also presented research they have worked on for the past year. Some of the research topics include Konstant’s Partition Function, Preparation for Industrial Careers in Mathematics, infinite series, bones, and muscles.

President Julie Phillis began her research in April with the assistance of a special computer system. “We were continuing the research done by Gabrielle Van Scoy, who graduated this past spring with her math degree and is now pursuing her PhD at the University of Kentucky,” said Phillis. “Gabbie succeeded in creating a mathematical simulation that accurately mimics how bone cells form bone in nature.”

Researcher Lexi Rager and her group found uses for recommender systems. “Our research uses recommender systems in the academic sphere,” said Rager. “We’ve created a program that recommends classes and professors to students based on classes and professors a student has already had and liked.”

AWM strives to promote and encourage women to be more involved in a math community. Chew said that the chapter “wants everyone to know how amazing female mathematicians are and how much fun math can be!”

AWM also helps with many events that the math department hosts like movie nights and pancake dinner nights.

“There are no qualifications to join AWM, you just have to be open to making a lot of new friends,” said Chew.

Any students that are interested in joining AWM can email Alanis Chew at ajchew@student.ysu.edu or the President of AWM, Julie Phillis at japhillis@student.ysu.edu. You can also find the organization on Facebook.