Overview

Dive into the world of risk management and financial modeling with the Actuarial Science MS program at the University of Nairobi. Gain expertise in analyzing data, predicting future events, and managing uncertainty. Join UoN to become a skilled actuary and shape the future of the insurance and financial sectors.

Key Features

Comprehensive curriculum covering topics such as probability theory, financial mathematics, risk management, and insurance modeling
Advanced statistical and mathematical techniques applied to actuarial problems
Integration of actuarial software and tools for data analysis and modeling
Exposure to industry standards and practices through guest lectures and internships
Preparation for professional actuarial examinations (such as the Society of Actuaries or the Institute and Faculty of Actuaries)

Programme Structure

Courses include:

Probability and Statistics for Actuarial Science
Financial Mathematics and Derivatives
Risk Theory and Insurance Models
Stochastic Processes and Time Series Analysis
Actuarial Models and Credibility Theory
Health and Life Insurance Mathematics
Financial Risk Management
Generalized Linear Models for Actuarial Science
Research Methods in Actuarial Science

Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-09-29 00:00:00
- Apply before 2026-09-28 00:00:00

Language

English

Delivered

On Campus, Blended, Online

Campus Location

Nairobi, Kenya

Disciplines

Actuarial Science

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

Bachelor's degree in actuarial science, mathematics, statistics, or a related field
Proficiency in English language (TOEFL or IELTS scores for non-native English speakers)
Statement of purpose highlighting the interest in actuarial science and career goals
Letters of recommendation from academic or professional referees
Resume or curriculum vitae demonstrating relevant academic or professional experience in actuarial science or related disciplines

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Nairobi and/or in Kenya, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

348000 KES / year

≈ 348000 KES / year
Domestic Applies to you

Applies to you

Citizens or residents

348000 KES / year

≈ 348000 KES / year

Living costs

Nairobi

Kenya

49608 - 74988 KES / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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