Biography
Sue Vagts received her Bachelor of Science in Mathematics with minors in Actuarial Science and Business from the University of Nebraska-Lincoln. She came to CBA in 1999 with more than 8 years of experience in the insurance industry.
Vagts worked as a pricing and product development actuary primarily in life insurance, fixed and variable annuities, and disability income insurance. She now serves as Director of the Actuarial Science Program and an Associate Professor of Practice. Her teaching interests include Insurance and Individual Risk Management, Theory of Interest, and Actuarial Applications in Practice.
Graduate Courses
Interest Theory (ACTS 840) - Application of financial mathematics to problems involving valuation of financial transactions; equivalent measures of interest; rate of return on a fund; discounting or accumulating a sequence of payments with interest; and yield rates, length of investment, amounts of investment contributions or amounts of investment returns for various types of financial transactions; loans and bonds. Introduction to the mathematics of modern financial analysis. Calculations involving yield curves, spot rates, forward rates, duration, convexity, and immunization.
Actuarial Applications in Practice (ACTS 875) - Principles and practices of pricing and/or funding and valuation for life, health, property and liability insurance, and annuities and pension plans. Commercially available actuarial modeling software.
Undergraduate Courses
Interest Theory (ACTS 440) - Application of financial mathematics to problems involving valuation of financial transactions; equivalent measures of interest; rate of return on a fund; discounting or accumulating a sequence of payments with interest; and yield rates, length of investment, amounts of investment contributions or amounts of investment returns for various types of financial transactions; loans and bonds. Introduction to the mathematics of modern financial analysis. Calculations involving yield curves, spot rates, forward rates, duration, convexity, and immunization.
Actuarial Applications in Practice (ACTS 475) - Principles and practices of pricing and/or funding and valuation for life, health, property and liability insurance, and annuities and pension plans. Commercially available actuarial modeling software.
Teaching Interests