The BS Stat program major in Actuarial Science is a degree that evolved from our BS Math program major in Actuarial Science and Statistics.聽 The transition was brought about by the emerging needs in the Philippine milieu.
In response to several factors, the program has been revised to cover 12 terms, up from the original ten terms with a summer practicum term.聽 One factor is the recent move of the Philippine Educational system from a 10-year basic education cycle to a 12-year cycle, commonly referred to as the K-12 system.聽 The transition to K-12 brought with it corresponding changes in the general education curriculum and the migration of some introductory level college courses to the senior high school level.
In view of the changes brought about by the transition to K-12, De La Salle initiated its own review and revision of programs to make it more attuned to the needs of today鈥檚 students and more competitive even in the international level.聽 The changes also addressed keeping our programs in line with recognized international standards.
Another important factor in the move to revise the BS Stat program is the release of CHED Memorandum Order No. 42 Series of 2017 on the policies, standards, and guidelines for the BS Stat program.聽 When this program was first conceived there was no existing CHED guidelines.聽 With the release of CMO 42 s 2017, it became incumbent upon us to ensure that our program offering is up to par with existing standards.