Drake’s actuarial school receives renewed CAE designation
Drake University has again been awarded the prestigious Center of Actuarial Excellence designation by the Society of Actuaries, signifying that its School of Actuarial Science & Risk Management is among a small number of programs accredited as best in the world in this burgeoning field of study. Drake is one of 17 programs in the United States and 33 globally with this designation. The five-year CAE designation recognizes outstanding actuarial science programs that meet rigorous requirements. “The renewed recognition by the SOA is very relevant for Drake’s College of Business and Public Administration with employment of actuaries projected to grow 18% from 2019 to 2029, much faster than the average for all occupations according to the U.S. Bureau of Labor Statistics,” said Alejandro Hernandez, dean of the College of Business and Public Administration, which is home to Drake’s actuarial science program.