ACTUARIAL SCIENCE IN UNIVERSITY OF DAR ES SALAAM

The  department of mathematics runs one undergraduate degree programme (Bsc. In Actuarial Science), in collaboration with department of Finance under University of Dar es Salaam Business School (UDBS) and Department of Statistics under the College of Arts and Social Sciences (CASS).

About Bsc.  In Actuarial Sciences
Actuarial Science is the study of risk and uncertainty, usually of a financial and long-term nature. This degree programme offers students the opportunity to develop their mathematical ability, whilst staying focused on financial and actuarial applications.
Not only does the course provide the technical knowledge required by students wanting  to join the actuarial profession, but it also seeks to provide a wide range of skills. This ensures that graduates are able to add value in many areas for their future employers. The Recent graduates have been employed in the fields of Insurance, telecommunications, auditing firms, academia, as well as banking and finance

ENTRY REQUIREMENTS
The General University minimum requirements shall apply. In addition, an applicant shall be eligible for consideration for admission to the programme if s/he has obtained.

Category A: Direct Entry (Form VI)
At least the Principal Passes at ACSEE level,one of which has to be in advanced mathematics, at the same sitting

Category B: Equivalent Qualifications
1. Ordinary Diploma approved by the Senate in Mathematics statistics or other relevant discipline of not less than second-class and a grade in Statistics or Mathematics or Quantitative method of C or better.
                                                         OR
2. Advanced diploma approved by the Senate in Mathematics, Statistics or other relevant discipline with a grade in Statistics or Mathematics or Quantitative Method of C or better.

COORDINATOR

Mr. Mashaka Mkandawile,
Office number 304,
Mathematics Department building.
Mobile: +255 719 253005

COURSE MAPPING

YEAR 1		YEAR 2		YEAR 3
DS 101	Development Perspectives 1	MT 281	Life Contingencies	ST 326	Survival Models
MT 136	Ordinary Differential Equations	ST 220	Basic Demographic Methods	ST 327	Actuarial Modelling
MT 144	Computer Programming	MT 226	Partial Differential Equations	FN 315	Basics of Actuarial Planning and Control
ST 113	Basic Statistics	MT 233	Mathematical Statistics	FN 314	Quantitative Methods for Risk Management
ST 121	Analytical Calculus	MT 278	Linear Programming	FN 316	Superannuation practices
AC 102	Accounting for Non business majors	FN 200	Principles of Finance	MT 381	Credibility Theory and Loss Distributions
FN 102	Introduction to Actuarial Studies	FN 209	Risk Theory	FN 317	Actuarial Practices in Insurance Schemes
DS 102	Development Perspective II	MT 280	Basic Pension Mathematics	FN 318	Actuarial Practices in Pension and Retirement benefits
CL 107	Communication Skills	FN 202	Financial Management	ST 325	Mathematical Demography
MT 180	Introduction to Actuarial Mathematics	LW 705	Legal Aspects of Actuarial Science
ST 121	Linear Algebra with Applications	ST 324	Linear Models
ST 114	Probability Theory I	BM 333	Field Practical with research component
FN 101	Principles of Macroeconomics

Optional courses

YEAR 2		YEAR 3
One option from the following		Two options from the following
ST 212	Statistical Inference I	ST 310	Statistical Inference II
ST 215	Differential and Difference Equations	ST 312	Stochastic Processes
		MT 378	Queuing Theory and Inventory Models
		MT 348	Integer and Non Linear Programming
		One option from the following
		FN 310	Investment Analysis
		FN 301	Financial Analysis