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Rafiq Islam | Ph.D. Candidate in Financial Mathematics

Email: rislam@fsu.edu
Office Hour: 11:15-12:15 T-Th
Office: MCH 404 F
Personal Website: mrislambd.github.io
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You can download my CV from here


  • Ph.D. in Financial Mathematics (Ongoing, Expected date of graduation May 2026)
    Florida State University, Tallahassee, FL, USA
  • MS in Mathematics (May 2020)
    Minor: Statistics, Actuarial Science, and Data Science
    Youngstown State University, Youngstown, Ohio, USA
  • MS in Applied Mathematics (March 2016)
    University of Dhaka, Bangladesh.
  • BS in Mathematics (November 2014)
    Minor: Statistics, Physics, and Computer Education University of Dhaka, Bangladesh.


Society of Actuaries (SOA)

  • Exam P
  • Exam FM


Assistant Vice President

September 2017- July 2018

Calculated all types of claims (death, surrender, and maturity) using excel spreadsheets. Processed approximately 500 claims each week and submitted corresponding statistical reports to the higher authority. Worked in a team to develop a new short-term endowment assurance product which played an important role to increase the company's new business. Refurbished a without risk endowment product which was out of the sale. Priced insurance premiums based on different risk factors for bigger clients which impacted our life fund significantly. Calculated reserves for group endowment, term and premium back policies which was a vital part of the final valuation report. Liaised directly with the consulting actuary and provided all sorts of technical and documental supports during actuarial valuation

Actuarial Trainee Executive

September 2017- July 2018

Prepared monthly report for the insurance regulatory authority using raw data obtained from the IT server.Generated surrender factor using excel spreadsheets. Calculated group insurance liabilities using group valuation model provided by the actuary. Attended group business meetings to explain the benefits and features of our group insurance products

Awards & Affiliations


  • Outstanding Graduate Student in Statistics Award for the 2019-2020 academic year, Youngstown State University.
  • Graduate College Premiere Scholarship, Youngstown State University.
  • MetLife Bangladesh Actuarial Study Program 2015




  • Financial Mathematics I & II
  • Foundation of Computational Mathematics
  • Financial Engineering
  • Investment Management and Analysis
  • Monte-Carlo Methods in Finance
  • Stochastic Analysis
  • Stochastic Computation and Optimization
  • Applied Machine Learning
  • Advanced Probability and Inference
  • Measure Theory part I
  • Stochastic Control Theory
  • Deep and Reinforcement Learning


  • Theory of Interest
  • Mathematical Statistics I & II
  • Advanced Data Analytics with SPSS
  • Advanced Linear Algebra
  • Real Analysis
  • Programming in SAS
  • Statistical Consulting
  • Linear Modeling: Time Series Analysis
  • Modeling in Financial Economics
  • Monte-Carlo Methods


  • Theory of Relativity And Cosmology
  • Geophysical Fluid Dynamics
  • Mathematical Hydrology
  • Applied Numerical Methods
  • Riemannian Geometry
  • Stochastic Modeling in Finance
  • Dynamical Meteorology
  • Real Analysis I & II
  • Complex Analysis
  • Calculus I & II
  • Linear Algebra I & II
  • Abstract Algebra
  • Numerical Analysis I & II
  • Linear Programming
  • Mechanics
  • Fundamentals of Topology
  • Introduction to Functional Analysis
  • Tensor Analysis
  • Partial Differential Equations
  • Differential Geometry
  • Theory of Numbers
  • Hydrodynamics
  • Fuzzy Mathematics
  • Mathematical Modeling in Biology
  • Introduction to Mathematical Finance
  • Ordinary Differential Equations I & II
  • Fundamentals of Mathematics
  • Analytic and Vector Geometry
  • Introduction to Mathematical Statistics
  • Introduction to Probability
  • Physics: Waves and Mechanics
  • Physics: Electronics and Magnetism