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.