Actuarial Education and Technology Enhanced Learning
Speaker: Jed Frees, University of Wisconsin - Madison
Date & Time:
7:00 AM - 8:00 AM
Abstract: Providers of massive open online courses (MOOCs) and distance-based universities have not yet discovered actuarial science but they will. In this talk, I describe a three-prong approach that the actuarial program at Wisconsin-Madison is taking to embrace technology with the added benefit of fending off mass marketing competition. First, I outline the curriculum restructuring being implemented by the Wisconsin School of Business which we refer to using the acronym KDBIN (for knowing, doing, being, inspiration, and networking). Second, I demonstrate results from a Society of Actuaries funded education project that provides open access tools for anyone wishing to learn the fundamentals of actuarial science. Third, I discuss a current experiment underway where we reverse (or "flip") the roles of homework and lecture in a class, known as a "flipped" classroom, designed to promote active and team-based learning.
Video of Dr. Frees's talk is available here.