• Advanced Calculus 
  • AI Foundation and Applications
  • Calculus
  • Fundamentals of Accounting
  • Introduction to Probability
  • Linear Algebra & Applications
  • Principles of Business Finance
  • Principles of Economics
  • Programming Principles
  • Theory of Interest
  • Derivative Securities I
  • Derivative Securities II
  • Essentials of Employability
  • Introduction to Statistics
  • Life Contingencies I
  • Life Contingencies II
  • Mathematical Methods
  • Risk Theory
  • Free Elective 1
  • Free Elective 2
  • Internship
  • Ratemaking & Loss Reserving for General Insurance
  • Regression Analysis
  • Simulation & Credibility Theory
  • Stochastic Processes

Year 1

Year 2

Year 3

PROGRAMME STRUCTURE

Choose 3:

Advanced Actuarial Specialisation

  • Advanced Actuarial Statistics
  • Advanced Actuarial Mathematics and Finance

Finance & Risk Management Specialisation

  • Survival Models
  • Time Series & Forecasting

Actuarial AI Specialisation

  • Multivariate Analysis
  • Machine Learning Techniques for Data Mining

Other Electives

  • Design of Experiments
  • Categorical Data Analysis
  • Research Project
  • Discrete Mathematics

Additional MOHE Compulsory General Studies Subjects apply for local and international students.

ELECTIVES WITH SPECIALISATION

Students will be prepared for professional exams that will lead to a recognised actuary status or specialist in financial risk and insurance industries.

January
April
September

INTAKES

Bachelor of Science (Hons) in 
Actuarial Studies

(R2/0542/6/0017)(07/27)(MQA/FA1631)

  • February
  • April
  • September

Intakes

Duration

  • 3 years

Exemptions

Institute and Faculty of Actuaries (IFoA) UK

3 Years

DURATION

EXEMPTIONS

Institute and Faculty of Actuaries UK

IFoA Exemptions: CS1, CS2, CM1, CM2, CB1, CB2 
— Average of 65% ≥ eligible

Society of Actuaries USA

SOA Exemptions: 3 papers through the Validation by Education Experience (VEE) pathway 
— 55% ≥ (B- or above) in designated subjects* eligible

Casualty Actuarial Society USA

CAS Credits: Earn 5 ≥ exam credits and guided preparation for Exam 5 and MAS-II

Pathways