CMU Actuarial Club Budget
FY2010 (July 1, 2009 - June 30, 2010)
Actuaries are business professionals who deal with managing the risk of financial loss. They often work for insurance companies, since insurance is societies form of risk management, however they also may work for consulting firms. Being an actuary is consistently rated a top profession. Most actuaries major in Mathematics, Statistics, Economics, or Finance, but students from any major or class year are welcome to join the Actuarial Club. Our mission is to represent the actuarial profession here at Carnegie Mellon. We hold regular informational meetings, study sessions for actuarial exams, and social events. If you are interested in learning more, e-mail cmuactuary@gmail.com to be added to our d-list!
JFC Rep:
Summary
| Requested |
| Expenditures |
$1,095.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Final |
$1,095.00 |
| Recommended |
| Expenditures |
$220.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Final |
$220.00 |
| Final |
| Expenditures |
$220.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Debt |
($0.00) |
| Rollover |
($0.00) |
| Total Subsidy |
$220.00 |
| FY10 Starting Balance |
$220.00 |
Professional Actuarial Exams
| Object Code |
Requested |
Recommended |
Final |
Description |
| Professional Services (+) |
$875.00 |
$0.00 |
$0.00 |
This is for subsidization of at least 50% of exam fees. At least 10 Carnegie Mellon students take Actuarial Exams each year. Please note that many more than 10 students from CMU take the exams each
JFC does not fund professional exams
|
| Sub-Total |
$875.00 |
$0.00 |
$0.00 |
|
Uncategorized Items
| Object Code |
Requested |
Recommended |
Final |
Description |
| Refreshments (+) |
$200.00 |
$200.00 |
$200.00 |
The Actuarial Club needs at least $200 for refreshment costs for our yearly events. These events include guest speakers from different industry companies, Professor guest speakers from CMU and Robert
|
| Travel Local (+) |
$20.00 |
$20.00 |
$20.00 |
The club takes a yearly trip to the Robert Morris University Actuarial Career Fair in Moon, Pa. (60 miles round trip to RMU) x (3 cars of students) x ($2 to $3 per gallon) / (20 miles per gallon) = $
|
| Sub-Total |
$220.00 |
$220.00 |
$220.00 |
|
By Object Code
| Object Code |
Requested |
Recommended |
Final |
Description |
| Professional Services (+) |
$875.00 |
$0.00 |
$0.00 |
This is for subsidization of at least 50% of exam fees. At least 10 Carnegie Mellon students take Actuarial Exams each year. Please note that many more than 10 students from CMU take the exams each |
| Refreshments (+) |
$200.00 |
$200.00 |
$200.00 |
The Actuarial Club needs at least $200 for refreshment costs for our yearly events. These events include guest speakers from different industry companies, Professor guest speakers from CMU and Robert |
| Travel Local (+) |
$20.00 |
$20.00 |
$20.00 |
The club takes a yearly trip to the Robert Morris University Actuarial Career Fair in Moon, Pa. (60 miles round trip to RMU) x (3 cars of students) x ($2 to $3 per gallon) / (20 miles per gallon) = $ |
By Ocode
| Requested |
| Professional Services |
$875.00 |
| Refreshments |
$200.00 |
| Travel Local |
$20.00 |
| Recommended |
| Professional Services |
$0.00 |
| Refreshments |
$200.00 |
| Travel Local |
$20.00 |
| Final |
| Professional Services |
$0.00 |
| Refreshments |
$200.00 |
| Travel Local |
$20.00 |
Summary
| Requested |
| Expenditures |
$1,095.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Final |
$1,095.00 |
| Recommended |
| Expenditures |
$220.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Final |
$220.00 |
| Final |
| Expenditures |
$220.00 |
| Capital |
$0.00 |
| Revenue |
($0.00) |
| Debt |
($0.00) |
| Rollover |
($0.00) |
| Total Subsidy |
$220.00 |
| FY10 Starting Balance |
$220.00 |
