KNUST Bachelor Bsc Actuarial Science

KNUST Bachelor Bsc Actuarial Science

KNUST Bachelor Bsc Actuarial Science – This programme is offered at KNUST College of Science.

What is Bsc Actuarial Science ?

Actuarial science applies mathematical skills to the social sciences to solve important problems for insurance, government, commerce, industry and academic researchers. The BSc Actuarial Science programme has a heavy mathematical and statistical component.

KNUST Bachelor Bsc Actuarial Science Entry Requirement


Credits in the THREE (3) Core Subjects (English Language, Mathematics and Integrated Science) are required.

Credits in THREE (3) Elective Subjects including: Mathematics.

FIVE (5) credit passes at GCE O’ Level including English Language, and Mathematics and Additional/Elective Mathematics plus THREE (3) passes at the A’ Level including Mathematics.

Applicants must be at least 25 years at the time of submitting the application. In addition to passing a written and oral Examination, applicants must have;
FIVE (5) credit passes at GCE O’ Level (or its Equivalent) including English Language, Mathematics and Additional/Elective Mathematics.
Credit passes in three (3) SSSCE/WASSCE core subjects including English Language, Mathematics, and Integrated Science, plus credit passes in any three (3) Elective subjects including Mathematics.

Such applicants that also meet any of the above requirements will be admitted into year two. Applicants are expected to pass an interview.

FIVE (5) credits at O’ Level including English Language and Mathematics plus passes at the A’ Level or equivalent in THREE (3) of the following relevant subjects: Chemistry, Zoology or Botany, Mathematics, Physics, Biology.

Career Opportunities For BSc Actuarial Science

Actuarial Science is the discipline concerned with the study and application of mathematical, statistical, probabilistic, and financial theories to solve real life and business problems. The traditional areas in which actuaries operate are: life and general insurance, pensions, and investment. Actuaries are also increasingly moving into other fields like health insurance, solvency measurements and asset- liability management, financial risk management, mortality and morbidity investigation and so on, where their analytical skills can be employed.    Actuarial science involves the study of a number of interrelating courses and disciplines, including probability, mathematics, statistics, finance, economics, financial economics, and computer programming to define, analyze and solve the financial implications of uncertain future events. 

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