Course Overview

The philosophy of this program is to nurture the development of specialists in actuarial science by helping each person grow into a professional capable of solving complex business problems using analytical tools and models. In line with the University’s philosophy of nurturing learners’ unique abilities, the pedagogical approaches adopted are intended to excite the learners’ curiosity of exploration and discovery through group discussions, field visits, and research. Moreover, the program’s philosophy aims to help students make connections between classroom experience and the praxis of business locally and internationally. The program’s philosophy is to encourage active participation in class through discussions and open dialogue with their instructors. The goal is to encourage students to pursue scholarship and research by modelling business problems and developing aids for managerial decision-making.

Who Can Join

To be eligible for admission into the BSc Actuarial Science program, the applicant must be a holder of:

• Must have passed with mean grade of C+ and above in KCSE plus B+ in Mathematics and B in English in the KCSE

OR

• Have a minimum of 2 principal passes, including Mathematics, at Advanced Level/ KACE (Kenya Advanced Certificate of Education) with at least C in mathematics.

OR

• Have a Diploma in Actuarial Science, Diploma in Mathematics, Diploma in Statistics, Diploma in Insurance with at least a Credit pass from an accredited Institution recognized by the university Senate,

OR

• Any other qualifications equivalent to (i) to (v) above, subject to approval by the Senate meeting the minimum requirements set by the Commission for University Education (CUE).

Entry Qualifications

To be eligible for admission into the BSc Actuarial Science program, the applicant must be a holder of:

• Must have passed with a mean grade of C+ and above in KCSE plus B+ in Mathematics and B in English in the KCSE

OR

• Have a minimum of 2 principal passes, including Mathematics, at Advanced Level/ KACE (Kenya Advanced Certificate of Education) with at least a C in mathematics.

OR

• Have a Diploma in Actuarial Science, Diploma in Mathematics, Diploma in Statistics, or Diploma in Insurance with at least a Credit pass from an accredited Institution recognized by the university Senate,

OR

• Any other qualifications equivalent to (i) to (v) above, subject to approval by the Senate meeting the minimum requirements set by the Commission for University Education (CUE).

Duration & Structure Of The Programme

To be considered for the award of the degree of Bachelor of Actuarial Science, a candidate shall normally have enrolled for 49 units over a period of not less than nine (9) trimesters or equivalent offered in three calendar years. Each trimester is the equivalent of fifteen (15) weeks of study and each calendar year shall consist of three (3) trimesters. based on individual preference a student can register for a maximum of seven (7) units per trimester. the minimum number of units a student can register per trimester is three (3) provided that all the required units are covered within five years.

Normal duration for the degree shall be three calendar years and not more than six calendar years. Each candidate must satisfy the requirements of the common under-graduate courses as set by the University Senate. during each academic year, a candidate must satisfy the school of Business and Public Management requirements regarding the minimum number of units to be taken.

This program is taught using face-to-face student-lecturer interaction and both are required have physical presence in the assigned classrooms for teaching and learning to take place. The course work will be covered through the following approaches;

• Lectures and seminars,
• Group discussions and presentations,
• Case studies,
• Guest speakers and site visits.

Mode of Delivery of The Programme/Course

• Full time
• Part time
• Weekend

Curriculum Road Map