Bachelor of Science in Actuarial Science - Multimedia University of Kenya

KCSE mean grade of C+ and a minimum of C+ in both English and Mathematics or KACE Certificate with two principal passes and one subsidiary pass in Mathematics at KCE or relevant professional qualifications approved by the University Senate. Successful Diploma graduates with at least a CREDIT Pass will join in 2nd Year

– The program takes 4 years

FACULTY OF BUSINESS AND LAW

BACHELOR OF SCIENCE IN ACTUARIAL SCIENCE
UNDERGRADUATE FEE STRUCTURE FOR SELF SPONSORED STUDENTS
ACADEMIC YEAR – 1ST YEAR STUDENTS
ITEM

FIRST

SECOND

TOTAL PER

SEMESTER

SEMESTER

YEAR

(KES)

(KES)

(KES)

A. TUITION : to be paid to the University 52,500.00 52,500.00 105,000.00
on the registration day
B. OTHER CHARGES :To be paid to the
University on the registration day
1. Examination 4,000.00 4,000.00 8,000.00
2. Medical 2,500.00 2,500.00 5,000.00
3. Activity fee 600.00 600.00 1,200.00
4. Registration fee 1,200.00 1,200.00
5. University ID 500.00 500.00
6. Computer fee 1,600.00 1,600.00 3,200.00
7. Internet fee 1,600.00 1,600.00 3,200.00
8. Field / Academic trips 1,500.00 1,500.00 3,000.00
9. Library fee 1,500.00 1,500.00 3,000.00
10. Student union 300.00 300.00 600.00
11. Accident Insurance Cover 1,000.00 1,000.00
12. Caution money 1,500.00 1,500.00
13. Student union registration 500.00 500.00
TOTAL FEE PAYABLE TO MMU 70,800.00 66,100.00 136,900.00

Graduates from this programme will be employed in the insurance industry, financial service industries, and large corporations or in consulting actuaries. In the insurance industry, actuaries may specialize in either property and casualty insurance or life and health insurance. In financial service industries actuaries are employed to manage credit and help set a price for corporate security offerings. In large corporations, actuaries are employed to set corporate policy on risk.

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