Undergraduate Programme

Department of Actuarial Science & Insurance

B. Sc. Actuarial Science & Insurance Programme

1. Introduction

Degree obtainable at end of programme: B. Sc.

2. Entry Requirements

Admission Requirement:

Applicants for admission into the four-year programme should possess Senior Secondary School Certificate or General Certificate of Education, Ordinary Level or its equivalent with credits in five subjects including English Language, Mathematics and Economics. Possession of credit in Further Mathematics is an added advantage

Applicants for the three year (Direct Entry/200 Level) admission into the programme should possess five credits in G.C.E. (or equivalent) examination, at least two of which shall be at the Advanced Level or IJMB in Economics, Business Management, Mathematics and Accounting provided subjects are not counted at both levels of examination.

ABU Diploma in Insurance, Accounting, Banking, Mathematics or Statistics with at least merit, plus five Credits passes at the Ordinary level including English Language, Mathematics and Economics.

NOTE: You may also see the latest admission requirements by checking the JAMB portal.

CHECK JAMB PORTAL
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S/N Course Code Course Title Credit Units Semester
1 ACCT 101 Introduction to Accounting & Financial Reporting I 3 First Semester
2 ACCT 102 Introduction to Accounting & Financial Reporting II 3 Second Semester
3 BUMG 101 Principles of Business Administration I 2 First Semester
4 BUMG 102 Principles of Business Administration II 2 Second Semester
5 ECON 101 Principles of Microeconomics I 2 First Semester
6 ECON 102 Principles of Microeconomics II 2 Second Semester
7 ECON 103 Principles of Macroeconomics I 2 First Semester
8 ECON 104 Principles of Macroeconomics II 1 Second Semester
9 ABBS 101 Basic Computer I 2 First Semester
10 ABBS 102 Basic Computer II 2 Second Semester
11 ECON 105 Introduction to Mathematics for Economics I 2 First Semester
12 ECON 106 Introduction to Mathematics for Economics II 1 Second Semester
13 ACSC 101 Elements of Statistics I 2 First Semester
14 ACSC 102 Elements of Statistics II 1 Second Semester
S/N Course Code Course Title Credit Units Semester

S/N Course Code Course Title Credit Units Semester
1 ABBS 203 Basic Statistics 3 First Semester
2 ABBS 200 Computer Application 3 Second Semester
3 ACCT2XX Financial Accounting & Reporting I 3 First Semester
4 ABBS204 Quantitative Analysis 3 Second Semester
5 ACS201 Introduction to Actuarial Science 3 First Semester
6 ACCT2XX Financial Accounting & Reporting II 3 Second Semester
7 ACSC231 Advanced Mathematics I 3 First Semester
8 ACSC232 Advanced Mathematics II 3 Second Semester
9 BUAD201 Elements of Business Admin 3 First Semester
10 BUAD2XX Elements of Government 2 Second Semester
11 ECON2XX Micro Economics 3 First Semester
12 BUAD202 Principles of Business Admin. 3 Second Semester
13 ABBS207 Business Law 2 First Semester
14 ECON2XX Macro-Economics 3 Second Semester
15 GENS201 Moral Philosophy 1 First Semester
16 GENS202 Entrepreneurship and Innovation 2 Second Semester
17 INSU203 Economics of Insurance 2 First Semester
18 BUAD242 Element of Banking 2 Second Semester
19 MKTG201 Elements of Marketing 2 First Semester
20 BUAD284 General Insurance Business 2 Second Semester
21 MKTG203 Introduction to Psychology 2 First Semester
22 MKTG202 Principles of Marketing 2 Second Semester
S/N Course Code Course Title Credit Units Semester

S/N Course Code Course Title Credit Units Semester
1 ABBS303 Research Method I 3 First Semester
2 ABBS304 Research Method II 3 Second Semester
3 ACSC331 Numerical Analysis 3 First Semester
4 ACSC332 Further Numerical Analysis 3 Second Semester
5 ACSC333 Investment Theory 2 First Semester
6 ACSC334 Actuarial Mathematics and Theory of Interest 3 Second Semester
7 ACSC337 Mathematical Statistics 3 First Semester
8 ACSC336 Probability Theory 3 Second Semester
9 BAFI301 Elements of Finance 2 First Semester
10 BAFI302 Principles of Finance 3 Second Semester
11 GENS301 Business Creation & Growth 2 First Semester
12 ACSC338 Operations Research 2 Second Semester
13 BUAD313 Human Behaviour in Organisation 2 First Semester
14 BAFI342 Interest Free Banking 2 Second Semester
15 INSU301 Motor Insurance 2 First Semester
16 INSU302 Disaster Management Principles and Practice 2 Second Semester
17 INSU307 Law Relating to Insurance 2 First Semester
18 INSU304 Re-insurance 2 Second Semester
19 INSU309 Micro Insurance Policy Guidelines 2 First Semester
20 INSU306 Law of Torts 2 Second Semester
21 ACSC327 Pension Law and Governance 2 First Semester
22 INSU314 Fundamentals of Deposit Insurance 2 Second Semester
23 ACCT3XX Cost & Management Accounting 3 First Semester
S/N Course Code Course Title Credit Units Semester

S/N Course Code Course Title Credit Units Semester
1 ACSC433 Life Contingencies 3 First Semester
2 ACSC 435 Theory & Practice of Investment 3 First Semester
3 ACSC 437 Pension Administration & Social Insurance 3 First Semester
4 ACSC 431 Actuarial Statistics & Mortality Analysis 3 First Semester
5 MKTG407 Marketing Ethics 2 Second Semester
6 BUAD403 Production & Operation’s Management 3 First Semester
7 ACSC432 Further Life Contingencies 3 Second Semester
8 BUAD401 Business Policy I 2 First Semester
9 ACSC404 Research Project 6 Second Semester
10 BUAD407 Business Communication Skills I 3 First Semester
11 BUAD402 Business Policy II 3 Second Semester
12 INSU405 Property & Liability Insurance 2 First Semester
13 BUAD492 Analysis for Business Decisions 3 Second Semester
14 INSU409 Life & Health Insurance 3 First Semester
15 ACSC436 Risk Theory and Management 3 Second Semester
16 ACCT4XX Auditing 2 First Semester
17 BUAD408 Business Communication Skills II 3 Second Semester
18 ACCT4XX Corporate Governance 2 First Semester
19 INSU406 Marine Insurance 2 Second Semester
20 INSU413 Practice of Deposit Insurance 2 First Semester
21 ACCT4XX Taxation 2 Second Semester
22 BUAD413 Management Information System 2 First Semester
23 INSU407 Introduction to Islamic Insurance 2 Second Semester
24 INSU407 Introduction to Islamic Insurance 2 First Semester
25 BUAD412 Human Capital Development 2 Second Semester
26 BUAD417 Leadership in Islam 2 First Semester
27 BUAD406 Entrepreneurship Development 2 Second Semester
28 BUAD491 Emotional Intelligence 2 First Semester
S/N Course Code Course Title Credit Units Semester