The Relevance (Why the course is being taught)
Justification of the Course
Actuarial Science is a study of Insurance, Statistics or Mathematics. The Subject is about applying mathematical,statistical and economic models to study and calculate risks associated with insurance,pensions and other financial systems.
Th knowledge of Actuarial Science also enable one to interpret the economic environment and make informed decisions on the future inflation,returns on investment,stock market behaviour,exchange rates and economic growth.
The programme seeks to improve the quality of personnel working in financial and insurance sectors
- To train professionals in Actuarial Science to work in many financial and insurance institutions in Uganda and East Africa as a whole
- To provide a strong background to people who are interested in Actuarial Career
- To meet the existing demand of financial and insurance institutions for actuaries in East Africa
- To upgrade the skills of those in the financial and insurance industry