B.Sc. in Actuarial Science

Actuarial science applies mathematics and statistics to measure and manage financial risk. This degree programme at C.K. Tedam University is offered by the School of Mathematical Sciences and prepares students for careers in insurance, pensions, and investments. It is a less competitive entry programme, open to students from a range of SHS backgrounds.

What actuarial science covers

Actuarial science is the discipline that uses mathematical methods to evaluate and manage financial risk. Programmes of this kind typically cover probability, statistics, financial mathematics, economics, and risk modelling. You will learn how to analyse data, interpret trends, and calculate the likelihood of events such as accidents, illnesses, or financial losses. These skills are the foundation for work in insurance, pensions, and banking.

Who can apply and how competitive it is

Entry to this programme is less competitive than many other science-based degrees, which means students with solid grades have a good chance of securing a place. The college admits students from Business, General Arts, General Science, Home Economics, and Technical Studies backgrounds, so a strong mathematical background from any of these streams will be useful. The same programme at Koforidua Technical University is also less competitive, offering another option if you are considering similar pathways.

What you can do after graduation

Most graduates of actuarial science go on to work as actuaries, where they calculate risks and premiums for insurance companies, pension funds, and consultancy firms. Other common roles include risk analyst, investment analyst, underwriter, and data scientist. The analytical and problem-solving skills you build are also valuable in finance, banking, and any field that requires interpreting data to make decisions.