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Undergraduate

Bachelor of Science Honours in Actuarial and Financial Analytics

01

Overview

The BSc (Hons) in Actuarial and Financial Analytics programme is designed to develop graduates with strong quantitative, analytical, financial, and actuarial skills. The programme integrates mathematics, statistics, finance, economics, actuarial science, risk management, programming, and data analytics to prepare students to assess financial risks, support strategic decision-making, and develop solutions for insurance, banking, investment, and financial industries. Students gain practical experience through analytical software, programming, financial modelling, industrial training, and research.

02

Curriculum

Semester 1

6 modules 15 credits
  • AAF1301 Management Fundamentals Core
  • AST1201 Foundation of Statistics Core
  • AST1202 Foundation of Probability Theory Core
  • AAF1202 Microeconomics Core
  • CCS0300 Programming Fundamentals with Python Core
  • SMA0302 Introductory Calculus Core

Semester 2

7 modules 18 credits
  • SMA1301 Intermediate Calculus Core
  • AAF1203 Macroeconomics Core
  • CSD2301 Effective Communication Core
  • AST1303 Probability and Statistical Distributions Core
  • AST1204 Statistical Inference Core
  • AMA1201 Foundation Mathematics Core
  • AAF1304 Financial Management Core

Semester 1

6 modules 15 credits
  • AST2201 Statistics Lab -R package Core
  • AST2302 Statistical Modelling with Regression Analysis Core
  • ABA2301 Feature Engineering for Machine Learning Core
  • AMA2201 Applied Linear Algebra Core
  • AAF2301 Financial Mathematics Core
  • AMA2202 Mathematical Methods Core

Semester 2

6 modules 16 credits
  • AST2303 Time series and Forecasting Core
  • AST2204 Non - Parametric Techniques Core
  • ABA2302 Introduction to Machine Learning Core
  • AMA2203 Modeling and Scientific Computing I Core
  • AAF2302 Financial Risk Management Core
  • AAF2303 Actuarial Mathematics Core

Semester 1

6 modules 17 credits
  • AAF3301 Mathematical Modelling for Finance Core
  • ABA3301 Machine Learning for Predictive Data Analysis Core
  • AAF3302 Financial Econometrics Core
  • AAF3303 Insurance Mathematics Core
  • AMA3201 Modeling and Scientific Computing II Core
  • AAF3304 Corporate Finance Core

Semester 2

6 modules 17 credits
  • ABA3305 Data Visualization for Decision Makers in Business Core
  • AAF3305 Investment Analysis Core
  • AAF3306 Optimization for Finance Core
  • AAF3307 Insurance Market and Products Core
  • AAF3308 Research methods for financial analytics Core
  • AAF3209 Fundamentals of Technical Analysis Core

Semester 1

8 modules 18 credits
  • AAF4201 Financial Risk Analysis Core
  • AAF4202 Computational Financial Models Core
  • AAF4203 Portfolio Management Core
  • AAF4204 General Insurance Models Core
  • AAF4305 Financial Derivatives and Pricing Core
  • AAF4306 Enterprise Risk Management Core
  • AAF4207 Actuarial Models Core
  • AAF4208 Financial Statements Analysis Core

Semester 2

3 modules 14 credits
  • AAF4209 Professional Practice in Finance and Insurance Core
  • AAF4610 Actuarial and Financial Analytics Research Project Core
  • AAF4611 Industrial Training Core
03

Entry Requirements

I. At least three (03) simple passes (S) in Physical Science stream in one and the same sitting at the G.C.E. (Advanced Level) Examination conducted by the Department of Examinations or equivalent qualification.

OR

II. At least Three (03) simple passes (S) for two subjects in Physical Science Stream and Information and Communication Technology as the third subject at the same sitting at the G.C.E. (Advanced Level) Examination conducted by the Department of Examinations or equivalent qualification.

04

Career Pathways

Graduates of the BSc (Hons) in Actuarial and Financial Analytics programme can pursue professional careers in actuarial science, finance, insurance, investment, banking, risk management, and data analytics. The programme provides a strong foundation for professional actuarial examinations offered by internationally recognized actuarial bodies while also preparing graduates for postgraduate studies in Actuarial Science, Financial Mathematics, Quantitative Finance, Data Science, Business Analytics, Statistics, or Risk Management.

Graduates are equipped for careers in insurance companies, banks, investment firms, pension funds, financial institutions, consulting firms, fintech companies, and regulatory organizations. Career opportunities include Actuarial Analyst, Risk Analyst, Financial Analyst, Investment Analyst, Insurance Analyst, Portfolio Analyst, Quantitative Analyst, Enterprise Risk Analyst, Financial Modeller, Data Analyst, Business Analyst, and Financial Consultant. Graduates may also pursue postgraduate education and professional actuarial qualifications.