Tobin’s actuarial science program recognized

This spring The Peter J. Tobin College of Business’ School of Risk Management, Insurance and Actuarial Science was marked a Center of Actuarial Excellence (CAE) by the Society of Actuaries (SOA).

This is a leading professional actuarial organization, and one of the largest actuarial organizations in the world.

St. John’s University, along with eight other institutions in the U.S was honored to receive this designation. Institutions who are recognized by the organization may participate in a 5-year funding program that provides multi-year education and research grants through the SOA.

According to their web site, www.SOA.org , receiving this designation is based on a number of requirements including industry partners, degree curriculum, faculty, grad student count, research and scholarship.

Victoria Shoaf, associate dean for Academic Affairs of The Peter J. Tobin College of Business said that students studying actuarial science would benefit from this award.

“The impact for St. John’s students is tremendous when they go out to seek jobs in this field,” she said. “The enhanced stature of the school will undoubtedly reflect well on graduates in other areas of the school.”
Tobin has also launched two new programs on the St. John’s Manhattan campus for the
upcoming fall semester.

These degrees include an M.S in Enterprise Risk Management and The Investment Management degree for students interested in the Charted Financial Analyst certification.

Haralambos Damanakis is a graduate student that studies under the Tobin College of Business.

“As a fifth year accounting student, attending Tobin was a great way to prep me for the CPA exam,” Damanakis said. “I feel comfortable with the exam prep and up-to-date requirements”.

Dr. Shoaf described the benefits of pursuing a master’s degree.

“We are seeing that the master’s degree offers students with less than ideal job prospects an opportunity to improve their marketability while they await the economic upturn,” she said.

The Peter J. Tobin School of Business has now been recognized at St. John’s University for 75 years.