Blantyre International University Bachelor of Actuarial Science

Blantyre International University Bachelor of Actuarial Science

Information about the Blantyre International University BIU Bachelor of Actuarial Science for this Academic year. Applicants can find valuable insights regarding the subject on this page. Welcome to Studyinmalawi.com. The above is information will assist you to make an informed decision.

Brief History; Blantyre International University BIU) was established in 2008 to provide high quality university education for this century. This is predicated on its belief that education must be life-long – that education is not a spatial monopoly of something called the school and college; not a time-bound learning experience; there is no such thing as childhood education, adolescent education, youth education, or adult education.

Details About Blantyre International University BIU Bsc

Actuarial Science involves the application of quantitative skills to problems in finance that normally involve risk or uncertainty, particularly in insurance, pension and investment plans. Actuarial science degrees focus on statistical and mathematical risk analysis. Probability deals with the mathematics of uncertainty and statistics deals with modeling of the random processes based on observed data.

Actuaries are professionals who are highly trained in mathematics, statistics, economics and finance and who make it their business to solve financial problems involving future uncertainty in the areas mentioned above, with an emphasis on ensuring cost reduction and damage control to deal with unfavorable financial outcomes.

Actuarial Science involves the application of quantitative skills to problems in finance that normally involve risk or uncertainty, particularly in insurance, pension and investment plans. Actuarial science degrees focus on statistical and mathematical risk analysis. Probability deals with the mathematics of uncertainty and statistics deals with modeling of the random processes based on observed data.

Actuaries are professionals who are highly trained in mathematics, statistics, economics and finance and who make it their business to solve financial problems involving future uncertainty in the areas mentioned above, with an emphasis on ensuring cost reduction and damage control to deal with unfavorable financial outcomes.

Examination Minimum Requirement

Malawi Secondary School Certificate (MSCE) or IGSCE/GSCE A full certificate with at least SIX credit passes, including:

• Mathematics
• Physics/Physical Science
• Business Studies/Principles of Accounting

A-Level              : One ‘A’ level pass
IB                         : One upper level pass
Mature Entry : Work or Business Experience of three years or more

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