BSc. Actuarial Science - kenyatta university | Educartis

Kahawa
4 years
Bachelor
On Campus

Benefits

Course Overview

This four year BSc in Actuarial Science is a comprehensive and rewarding course for students who are looking to enter the financial services such as insurance or pensions in a quantitative role. Taken on-campus at Kenyatta University, this programme teaches students the technical skills required to pursue the role of an actuarial analyst and is idea for those who are passionate about using and analysing data to solve financial problems. 

Are you looking for a career that is intellectually satisfying, financially rewarding, and has a good work/life balance? A career in actuarial science can provide you all this, as well as allow you to have a significant impact on legislation, global businesses, and peoples' lives. If this sounds like the right path for you, then this BBS will provide you with the unique mathematical, analytical, communication, and management skills you need to enhance your employability within this competitive sector. 
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How This Course Will Benefit Your Career

At the end of this course, students will be able to: 

  • Demonstrate a solid fondation in mathematics by their ability to solve a variety of basic and advanced mathematical problems. 
  • Correctly solve a wide variety of actuarial science problems using both basic and advanced mathematical techniques. 
  • Communicate effectively in both written and oral forms. 
  • Apply technology to actuarial problem solving. 
  • Apply techniques learned to a variety of fields including insurance, finance, investment, and other businesses. 
Certification obtained

BSc. Actuarial Science

What jobs will I qualify for?

This course will prepare students well for careers such as: 

  • Investment Analyst/Banker
  • Actuarial Analyst 
  • Asset Manager Officer 
  • Business Consultant 

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When do I start?

Next available course

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Admission Criteria

To be eligible for this course, students require: 

  • A KCSE Mean Grade of C+ 
  • A B - in Mathematics and C + in English 

How do I apply?

To apply, students must: 

  • Download and fill in an application form. 
  • Submit copies of National ID/Birth Certificate
  • Provide original Results Slip 
  • Pay an application fee of 1,000 KES

Payment options

Students can pay their fees through:

Bank Transfer
  • Bank Name: Family Bank 
  • Branch: Westlands
  • Account Number: 048000000831
or 
  • Bank Name: Equity Bank
  • Branch: Westlands
  • Account Number: 0550296578422.

Mpesa 
  • Paybill Number: 222123
  • Account Name: Student's Name

Detailed course information

This course is taken on-campus at Kenyatta University over four years (8 semesters). It includes theoretical learning and a practical attachment in Year 4. The curriculum is as follows:

YEAR 1
Semester 1

University Units

  • HRD 2101 Communication Skills
  • SMA 2104 Mathematics for Science
Core Units

  • HBC 2107 Introduction to Micro-Economics
  • ICS 2107 Introduction to Information Technology
  • ICS 2329 E-Commerce I
  • SMA 2100 Discrete Mathematics
  • STA 2104 Calculus for Statistics I
  • STA 2190 Introduction to Actuarial Science
Semester 2

University Units

  • HRD 2102 Development studies
  • SZL 2111 HIV/AIDS
Core Units

  • HBC 2125 Introduction to Macro-Economics
  • ICS 2108 Programming Methodology
  • SMA 2201 Linear Algebra I
  • STA 2100 Probability and Statistics I
  • STA 2105 Calculus for Statistics II
  • STA 2191 Financial Mathematics I
YEAR 2 
Semester 1
Core Units

  • HRD 2200 General Insurance: Theory
  • SMA 2306 Linear Algebra II
  • STA 2200 Probability and Statistics II
  • STA 2202 Introduction to Computer Interactive Statistics
  • STA 2204 Calculus for Statistics III
  • STA 2291 Actuarial Mathematics I
Compulsory Aadditional Unit

  • SMA 2321 Numerical Analysis
Semester 2
Core Units

  • HRD 2201 Accounts and Finance For Actuarial Science
  • ICS 2214 Data Base Management Systems
  • SMA 2231 Differential Equations
  • STA 2201 Probability and Statistics III
  • STA 2290 Financial Mathematics II
  • STA 2305 Statistical Programming I
YEAR 3 
Semester 1
Core Units

  • STA 2306 Real Analysis for Statistics
  • STA 2300 Theory of Estimation
  • STA 2302 Probability and Statistics IV
  • STA 2311 Statistical Programming II
  • STA 2390 Actuarial Mathematics II
  • STA 2413 Regression Modelling
Elective Unit

  • STA 2470 Operations Research
Semester 2

Core Units

  • HRD 2114 Research Methodology
  • STA 2301 Tests of Hypotheses
  • STA 2309 Risk Theory for Actuarial Science
  • STA 2391 Stochastic Processes for Actuarial and Finance
  • STA 2395 Decision Theory and Bayesian Inference I
  • STA 2401 Time Series Analysis
Elective Unit

  • STA 2422 Game Theory
Year 4

Semester 1
University Unit

  • HRD 2401 Entrepreneurship Skills
Core Units

  • HRD 2402 Financial Reporting and Interpretation of Accounts
  • HRD 2403 Pensions and Retirement Benefits
  • STA 2442 Financial Economics for Actuarial Science
  • STA 2490 Demographic Techniques
  • STA 2491 Actuarial Mathematics III
  • STA 2498 Decision Theory and Bayesian Inference II
Elective Units

  • STA 2402 Design and Analysis of Sample Surveys
  • STA 2494 Actuarial Science Project (In Semesters 1 and 2 – Two units)
Semester 2
Core Units

  • HRD 2301 Life Assurance: Theory
  • STA 2420 Financial Time Series
  • STA 2423 Financial Risk Management
  • STA 2492 Credibility Theory and Loss Models
  • STA 2493 Survival Analysis
  • STA 2495 Non-life Insurance Mathematics
Elective units

  • HRD 2404 Investment and Asset Management
  • STA 2416 Computer intensive Statistics
  • STA 2494 Actuarial Science Project (In Semesters 1 and 2 – Two units)
Semester 3
Core Unit

  • STA 2496 Practical Attachment
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