Developing an Introduction to Actuarial Science MOOC

Abstract

Financial Mathematics a subject taught under the actuarial science program in preparation for the professional actuarial examination under the SOA as well as getting students to understand the monetary aspect of the current financial system. The present methods of teaching the subject underscore the difficulty students faced in trying to master the subject matters. Major difficulties included difficulties of the subject contents, limited face to face discourse with lecturers, and time limitation on teaching the subject contents. A new platform using the Massive Open Online Course (MOOC) is considered to address the above issues to ensure students have assessed to understand the subject in a more conducive manner.