Fundamentals of actuarial science

SAC 101: Fundamentals  of  actuarial science

SAC 101: SEM 1 2025/2026

The course provides the learner with an introduction to the fundamental concepts of actuarial science and their application in   decision making

1.0.LEARNING OUTCOMES

By the end of this course, the student should be able to

i)Explain basic statistical concepts.

ii)Determine mathematical calculations

iii)Perform investment appraisal.

iv)Describe the application of these concepts in actuarial science field