Bachelor of Science in Actuarial Science

Intake Periods

January
May
September

Modes of Study

Full Time
Part Time
Weekend

Course Overview

Learn how to turn risks into opportunities: we will equip you with the skills to measure, assess, manage, mitigate and sometimes, profit from risk. By the end of the programme you will be able to apply mathematical skills and business knowledge to solve important problems for insurance, the financial service industry, government, and researchers.

Who Can Join

This course has a heavy mathematical and statistical component. It is suited for those who enjoy solving mathematical problems and are interested in the application of statistics to business, finance, society and the social relationships found therein.

Career Opportunities

Career opportunities can be found

investment banking,
investment management,
commercial banking,
financial analysis,
auditing,
insurance,
business consultancy,
data analytics,
accounting,
statistics,
and the civil service.

Entry Qualifications

KCSE mean grade B+ (plus) with a B (plain) in Mathematics OR any other equivalent qualification approved by the university senate. For actual subject and work experience requirements please contact the enrollment office. Duration: 3 years (9 trimesters)

Curriculum Road Map

Year I

Year II

Year III

Trimester I	Trimester II	Trimester III
CUU 1001 Health Awareness CUU 1002 Information Literacy MAT 1101 Mathematics for science ACC 1101 Introduction to Accounting 1 CUU 1003 Communication Skills ACT 1101 Introduction to Actuarial Science ICT 1101 Introduction to Information Systems	FIN 1201 Business Finance ECO 1201 Introduction to Micro Economics ACC 1202 Introduction to accounting II MAT 1202 Linear Algebra ACT 1202 Principles of General Insurance MAT 1203 Calculus I STA 1201 Probability and Statistics I	ACT 1303 Financial Mathematics I ACT 1304 Principles of Life Insurance MAT 1304 Calculus II STA 1302 Probability and Statistics II ECO 1302 Introduction to Macroeconomics STA 1303 Statistical Programming I

Trimester I	Trimester II	Trimester III
STA 2104 Stochastic processes I ACT 2105 Financial Mathematics II MAT 2105 Vector Analysis MAT 2106 Numerical Analysis STA 2105 Estimation Theory BAM 1102 Principles of Management	ACT 2206 Actuarial Mathematics I FIN 2202 Financial Statement Analysis STA 2206 Stochastic processes II STA 2207 Time Series Analysis ENT 2306 Entrepreneurship and small business management Electives MAT 2207 Ordinary Differential Equations MAT 2208 Real Analysis	STA 2308 Decision Theory and Bayesian Inference STA 2309 Hypothesis Testing ACT 2307 Actuarial Mathematics II STA 2310 Demography and social statistics STA 2311 Financial Time Series Electives ACT 2308 Pensions and Other benefits schemes ACT 2309 General insurance reserving

Trimester I	Trimester II	Trimester III
STA 3112 Statistical Programming II CFU 3100 Research methodology ACT 3110 Investment Analysis and Asset Management ACT 3111 Actuarial Mathematics III ACT 3112 Credibility Theory and Loss Models Electives ACT 3113 Principles of healthcare ACT 3114 Non-Life Insurance Mathematics	ACT 3215 Financial Derivatives STA 3213 Survival Analysis ACT 3216 Professional Skills ACT 3217 Actuarial Science Project (2 units) Electives ACT 3218 Risk Mathematics ACT 3219 Enterprise Risk Management	ACT 3320 Industrial Attachment (12weeks)