BACHELOR OF SCIENCE IN ACTUARIAL SCIENCE (BACT)

OLD CURRICULUM ( FOR STUDENTS ENROLLED BEFORE JULY 2021)

COURSE OVER VIEW

DURATION
The course of study of the Bachelor of Science in Actuarial Science degree shall be
completed in a period of:
(i) Four (4) years for Full-Time ,Part-Time and Long Distance Students.
ENTRY REQUIREMENTS Minimum entry requirement: Five (5) “O” level credits or better
which must include English Language and Mathematics.

COURSE STRUCTURE

First Year

First Semester Second Semester

1. BAS100 Introduction to Actuarial 1. AFIN102 Financial Accounting

Science 2. BAS110 Calculus(i)
2. BBA100 Introduction to Information 3. BAS120 Probability and Statistics I
Management and Computer 4. ECF110 Introduction to Macroeconomics
Applications 5. HRM100 Management Theory and Practice
3. BBA120 Business Mathematics
4. BBA140 Business Environment
5. BBA141 Communication Skills
6. ECF100 Introduction to
Microeconomics

Second Year

First Semester Second Semester

1. BAS140 Calculus(ii) 1. AFIN209 Corporate Finance and Financial

2. BAS200 General Insurance Theory Modeling
3. BAS210 Probability and Statistics II 2. BAS250 Financial Mathematics II
4. BAS212 Linear Algebra 3. BAS260 Statistical Inference
5. BAS240 Financial Mathematics I 4. BBA170 Business Law
5. BIT112 Pseudocode and Programming Logic

Third Year
First Semester
1. BAS300 Actuarial Mathematics I
2. BAS310 Risk Theory for Actuarial
Science
3. BAS320 Computational Methods and
Data Analysis
4. BAS330 Life Contingencies I
5. BF360 Operations Research
Fourth Year
First Semester
1. BAS410 Stochastic
Modelling/Processes
2. BAS420 Actuarial Demographic
Techniques
3. BBA410 Strategic Management
4. BF320 Investment analysis and
Portfolio management
5. D400A Dissertation I
Second Semester
1. BAS340 Actuarial Mathematics II
2. BAS350 Life Contingencies II
3. BAS370 Insurance and Pensions Law
4. BAS380 Loss Distribution and Credibility
Theory
5. BBA260 Research Methods in Business and
Social Science
Second Semester
1. BAS430 Financial Economics for Actuarial
Science
2. BAS440 Applied Time Series Analysis
3. BAS450 Financial Engineering
4. BIP420 Pensions Regulation and
Management
5. D400B Dissertation II