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Department's Mission Statement
The Department of Statistics and Actuarial Science has four interrelated missions by which it serves the University, the State, and the World. These four missions are:
- to provide both undergraduate and graduate students with strong degree programs and excellent instruction in probability, statistics, and actuarial science;
- to conduct and publish outstanding research in probability, statistics, and actuarial science;
- to promote the solid practice of statistics at the University and beyond; and
- to produce leaders in the insurance, pension, and actuarial consulting industry.
"On the History of Statistics and Actuarial Science at The University of Iowa"
presented as part of the Fall 2003 colloquia series
by Robert V. Hogg on October 2, 2003
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Department's History
| 1847 |
The University of Iowa is founded. |
| 1902-03 |
The first actuarial course, entitled "The Mathematical Theory of Insurance," is taught by Dr. Westfall. (Actuarial courses have been taught at Iowa every year since 1913.) |
| 1910 |
Department of Mathematics offers "Least Squares and Statistics," the first statistics course at Iowa. |
| 1918 |
Henry Lewis Rietz is appointed Professor and Head of the Department of Mathematics. |
| 1947 |
Robert V. Hogg arrives at Iowa to study actuarial science. |
| 1965 |
Department of Statistics is established. |
| 1981 |
Actuarial Science major is established; department is renamed: Department of Statistics and Actuarial Science. |
| 2009 |
Designated by the Society of Actuaries as one of its 12 inaugural Centers of Actuarial Excellence. |
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