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The development of university-based actuarial education in Canada

2021· article· en· W3020566708 on OpenAlexaboutno aff
Тетяна Фурсенко

Bibliographic record

VenueThe Scientific Issues of Ternopil Volodymyr Hnatiuk National Pedagogical University Series pedagogy · 2021
Typearticle
Languageen
FieldSocial Sciences
TopicMethodology and Impact of Social Science Research
Canadian institutionsnot available
Fundersnot available
KeywordsActuarial scienceBusiness

Abstract

fetched live from OpenAlex

The paper is aimed at figuring out the current state of actuarial education provided by Canadian universities tracing the peculiarities of its development and concentrating mainly on the process of the University accreditation program implementation. The academic novelty of the article lies in the fact that in national comparative pedagogy it is the first attempt to analyze Canada`s university-based actuarial education. Having studied the documents, we may conclude that the UAP is a set of the criteria and requirements having fulfilled which a university is granted the right to provide its actuarial students with the opportunity of exemption from the professional exams set by the SOA and the CAS on their way to the ACIA or FCIA designations. It is worth mentioning that in many ways Canada is the first country in North America which is now actively trying to bring the profession of an actuary into academic environment. The reasons for implementing such measures are obvious: university settings open wide prospects for research activities as well as provide more predictable route for becoming a qualified actuary as compared to its alternative of going through the set of the exams established by the above mentioned bodies. By integration of formal and informal actuarial education into a single whole it is possible to strengthen the profession. However, the main obstacle on the way to success of the UAP is the assumption that by shifting educational process to universities we are reducing professional standards. Under such circumstances the UAP policy is characterized by stringent selection criteria as for the syllabi, course outlines, faculty members, minimum exemption grades etc.. The main of them can be broadly summarized as follows. In order to be accredited a university has to provide 85 % coverage of the syllabus of the professional bodies, to have at least 4 full-time faculties, one of them has to be a fellow of the CIA, rigid testing and examination procedures are a must; for students to get the exemption, the grade on each of the courses in question has to be not lower than «B» or higher. In order to figure out whether a university satisfies the standards, lots of administrative bodies have been created or engaged: the Eligibility and Education Council, the CIA, the Accreditation committee, accreditation panels, appeal investigation panels etc. For the time being, there are 11 universities which comply with the given requirements. Overall, the UAP can be considered as a successfully implemented experiment.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.006
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Qualitative · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.884
Threshold uncertainty score0.840

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.006
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0080.003
Scholarly communication0.0050.001
Open science0.0020.003
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0090.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.137
GPT teacher head0.421
Teacher spread0.284 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designQualitative
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2021
Admission routes1
Has abstractyes

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