Course Description
Actuaries are concerned with matters such as compiling assurance policies, retirement funds and medical aid schemes, determining the basis on which premium rates for policies are to be calculated, determining the amounts to be paid to policy holders and investigating the financial position of assurance companies. These tasks demand complicated and extensive mathematical and statistical calculations, as well as expert knowledge on management and investment.
To produce bachelors with a strong background in Mathematics, Statistics, Economics and Finance to deal with Data Analysis in the areas of Financial Sector such as Banking, Insurance, Capital Market and other Financial Applications in view of sustained growth envisaged in Insurance Industry and KPO industry at large in the financial sector.
