BS Actuarial Science and Risk Management

BS in the Actuarial Science and Risk Management equips graduates with mathematical and statistical skills and expertise of tools that help in assessing risk in insurance, finance and other relevant industries and professions.

A BS in the Actuarial Science and Risk Management program is intended to provide students with the tools of risk analysis, transfer and financing that are critical to the operation of private and public institutions, and to prepare them for careers in risk management and insurance. As a risk management major, a student will gain a broad business background with an emphasis on accounting, finance and law, as well as a thorough knowledge of all types of insurance. BS in Actuarial Science and Risk Management is a four-year degree program. It requires completion of 144 credit hours of course work and 2 credit hours of internship of at least six weeks in an organization approved by the Institute. Students graduating with a CGPA of 2.5 on the scale of 4 are eligible to apply for MBA program offered by the Institute.

The minimum requirements for admission in BS Actuarial Science and Risk Management at Institute of Business Management for all applicants (Domestic or International) are:

• program specific academic requirment set by Institute of Business Management.
• English Language OR any other language requirments as set by Institute of Business Management as pre-requiste for admission in BS Actuarial Science and Risk Management.

Note: Please check the university website in the link below.

You need to complete 144 credit hours to successfully obtain this degree. Please check detail of study units at https://www.iobm.edu.pk/course/bs-actuarial-science-and-risk-management/

Learning Outcomes

• Develop confidence and analytical skills to define and tackle financial problems
• Ability to translate data into a meaningful information
• Equip students with the knowledge related to risk management and insurance
• Use financial and actuarial modeling techniques to evaluate uncertainty and risk

You can join one of the following careers:

• Actuarial Manager
• Actuarial Analyst
• Risk Manager