About the Program
An Actuary is a professional who applies mathematical and statistical techniques to financial problems. Actuaries manage financial risk and make financial sense of the future for their clients. They look at what has happened in the past and use it to make predictions about the future, developing strategies which are appropriate given the risks involved. Actuaries work in all kinds of areas: insurance companies, investments, pensions, health care and banking. Qualifying as an actuary is a passport to a wide variety of careers throughout the world.  This 2-year programme provides a clear pathway to a professional actuarial career.  

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.

Admission requirements
To be admitted into the Diploma in Actuarial Science:
•    Candidates must meet the minimum entry requirements.  
•    Candidates for the Diploma course in Actuarial Science must have passed Mathematics C- and English C- and attained a minimum grade of C at K.C.S.E., or an Equivalent qualification.

Duration of the Program
To be considered for the award of Diploma in Actuarial Science, a candidate shall normally have enrolled for courses over a period of not less than two academic years (Four Semesters)

Program Structure
The courses will be offered in units. A course unit is defined as a one-hour lecture or two hours tutorial or three hours practical session per week per semester.

Mode of Delivery
Face-to-face