The Institute of Finance Management

LEVEL	DURATION	CAMPUS
BACHELOR	3 Year(s)	Dar es salaam

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About this Programme

This qualification is intended for a person who prepares and presents actuarial reports, analyze mathematical models in various actuarial applications, apply actuarial skills acquired in carrying out evaluations, risk assessments and forecasts under minimum supervision, implements any prevailing organization policies, apply mathematical and statistical expertise to aid decision making in actuarial environment.

Programme Objectives

At the end of the programme graduates are expected to:

Present fundamental actuarial ideas and arguments to non-actuaries;
Prepare and present actuarial reports;
Construct and analyze mathematical models in various actuarial applications;
Apply the knowledge acquired to undertake any actuarial professional examinations; and
Apply actuarial skills acquired in carrying out evaluations, risk assessments and forecasts under minimum supervision.

PROGRAMME FEE(S)

Item	Amount	Amount	Payment Type
	Local Students (Tshs)	International Students (US$)
Tution fees	1,700,000.00	2,000.00	Per Year
IFMSO	10,000.00	5.00	Per Year
Caution	50,000.00	25.00	Once
Registration	50,000.00	25.00	Per Year
NACTVET Quarity Assuarance	20,000.00	10.00	Per Year
ID CARD	20,000.00	10.00	Per Year
Field Work	100,000.00	50.00	Per Year
NHIF Year Coverage (Optional)	50,400.00	25.00	Per Year
Total Fee(s)	2,000,400	2,150

WHAT YOU WILL STUDY

SEMESTER 1

ASU07208

Numerical Methods

ASU07103

Introduction To Statistics

ASU07105*

Linear Algebra

ECU07101

Microeconomics

ASU07102

Introduction To Actuarial Science

ASU07101

Introduction To Calculus

SEMESTER 2

ECU07202*

Macro- Economics

ASU07104

Introduction To Pension Mathematics

ASU07207

Differential Equations

AFU07101*

Principles Of Accounting

ITU07205**

Introduction To Computers Application

ASU07206

Functions Of Several Variables

SEMESTER 1

ASU07315

Contingency I

ASU07311

Actuarial Risk Management

ASU07314

Investment Analysis

ASU07310

Probability Theory

ASU07309

Financial Mathematics

ASU07313

Operations Research

ASU07312

Time Series And Forecasting

RMU07402*

Field Work

ITU07307*

Computer Programming

SEMESTER 2

RMU07401

Research Methodology

ASU07419

Stochastic Processes

ASU07418

Introduction To Risk Theory

ASU07417

Survival Models

ASU07416

Introduction To Financial Economics

ASU07420

Demographic Methods

SEMESTER 1

MSU08502

Entrepreneurship

RMU07402(SP)

Field Work Report Ii

ASU08501

Risk Theory

ASU08503

Contingency Ii

AFU08501

Advanced Financial Reporting I

IRU07306

Life Assurance

MSU08501

Strategic Management

SEMESTER 2

ASU08607

Professionalism And Business Ethics

ASU08604

Statistical Inferences

MSU08602

Human Resource Management

SPU08606

Health Care Modelling And Financing

ASU08608

Econometrics

ASU08605

None – Life Insurance Policies

ASU08606

Actuarial Practices

ASU08602

Financial Economics

Entry Requirement and Eligibility

Direct Entry: Two principal passes passes in Advanced Mathematics, History, Geography, Kiswahili, English Language, French, Arabic, Fine Art, Economics, Commerce, Accountancy, Physics, Chemistry, Biology, Agriculture, Computer Science or Nutrition. Those without a Principal pass in Advanced Mathematics must have at least a "B" in Basic Applied Mathematics or at least a "B" grade at O-level or Foundation Programme of the OUT with a minimum GPA of 3.0 and at least "B" in O-level Mathematics.

The programme is designed to produce candidates who prepares and presents actuarial reports, analyze mathematical models in various actuarial applications, apply actuarial skills acquired in carrying out evaluations, risk assessments and forecasts under minimum supervision, implements any prevailing organization policies, apply mathematical and statistical expertise to aid decision making in actuarial environment