Is the purpose of Drake actuarial classes only to prepare students for the applicable actuarial exams?
No. While our classes do cover all the material that actuarial exam questions are based on, we ‘don’t teach to the exam.’ In other words, we attempt to provide both a strong theoretical foundation of concepts in mathematics, statistics, and modeling, but also strive to incorporate more practical skills that make individuals better, more well-rounded actuaries. We may do some sample actuarial exam problems in class, if time permits, but it is the student’s responsibility to put in extra time outside of class working these problems in preparing for actuarial exams.
