About the Program
The program covers five major areas of Applied Statistics namely:
•    Mathematical Statistics
•    Economic Statistics
•    Demography and Social Statistics
•    Actuarial Science
•    General Applied Statistics

About the Program

Program Objectives
•    To develop in students, an appreciation of actuarial methods, and of the links between the theory of the subject and their practical application in industry;
•    To develop in students, a logical, formal and quantitative approach to formulating and solving problems;
•    To provide a foundation of knowledge about the financial sector and risk management;
•    To provide students with a knowledge and skills base from which to develop further abilities to understand and analyse financial markets and institutions;
•    To develop all rounded actuarial professionals with good grounding in the mathematical and statistical approaches;
•    To provide enough academic training for students who wish to pursue postgraduate studies in actuarial science or other related areas.
•    To provide adequate knowledge for students to sit for the early professional examinations organized by international actuarial organizations

Program Objectives
The Diploma in Actuarial Science program is designed to provide students with broad training in Mathematical and Statistical models to solve problems in Finance and Insurance. Specific objectives are:
•    To train and provide a comprehensive grounding and opportunity to professionals in actuarial science to work in and support the growing insurance industry and pensions sector, including other financial institutions.
•    To provide an opportunity for people interested in up-grading their skills in actuarial science for better and effective delivery of services in their respective employments.
•    To provide an opportunity to people from other disciplines to pursue training in Actuarial Science as a career.
•    To provide a firm technical basis for developing other related Risk Management training programmes, such as: Pensions Management, Life and General Insurance, Business Management and Financial Risk Management for the needs of specialized financial institutions.

About the Module
We live in times when intuition has minimal or no role to play in decision making in all sectors of society.  Strengthening the evidence base for decision making in developing countries is now more important than ever before.  The decision-makers often need statistics – a subject in which a number of people are not well grounded.   This is exacerbated by the professionals not using their statistical knowledge regularly to gain the required confidence.  This module provides the student the opportunity to put into use, recent developments in the subject including the use of statistical software for the analysis of data.  The module intends to make the subject more accessible and relevant.