$10,000 Ph.D. Grants Program

Sponsored by the Casualty Actuarial Society and Society of Actuaries

PURPOSE

To encourage graduate students to complete research in topics related to actuarial science and to pursue an academic actuarial career in North America upon completion of the Ph.D. degree program.

The grant is to be used at the discretion of the Ph.D. candidate for appropriate expenses related to the completion of the Ph.D., including tuition, living expenses, purchase of equipment or software, expenses associated with attendance at conferences related to the thesis topic, and expenses associated with literature searches, typing, photocopying, mailing.

ELIGIBILITY

Individuals who have been admitted to Ph.D. candidacy by their institution and who have a thesis topic in actuarial science or a related area. Individuals must have completed at least one year of their Ph.D. program and are required to either be either citizens or residents of Canada, Mexico, or the United States.

Thesis topics of individuals who have received Ph.D. Grants include:

• "Informed Trading and Option Pricing"
• "Stochastic Models of Interest Rates in Actuarial Science"
• "Modern Statistical Methods in Credibility Theory"

AMOUNT OF AWARDS

The grant is generally $10,000 per academic year, renewable up to two times upon evidence of satisfactory progress and available funds.

SELECTION

Grants are awarded on the basis of individual merit. Candidates must intend to pursue an academic actuarial career in North America. Relevance of thesis topic to actuarial science is a primary consideration in the evaluation process. Preference is also given to candidates who are members, or working toward becoming members, of the Casualty Actuarial Society or the Society of Actuaries.

APPLICATION

For more information, contact:
Gena Long
tel 847-706-3582
fax 847-706-3599
glong@soa.org
Society of Actuaries
475 N. Martingale Road, Suite 600
Schaumburg, IL 60173-2226 U.S.A.

Completed application forms and supporting materials must be received at the Society of Actuaries no later than March 1, 2008. Recipients will be notified by May 31, 2008.

The Casualty Actuarial Society and the Society of Actuaries are international research, education and membership organizations that promote the advancement of actuarial science