BSc Actuarial Science At Legon, University of Ghana 

As one of the leading universities in Africa, the University of Ghana, Legon has an outstanding reputation for academic excellence and research. 

The university's Department of Mathematics is one of the premier departments in the country and has produced some of the finest mathematicians in Africa. 

The department also offers a world-class Actuarial Science program, which is becoming increasingly popular among students.

If you are interested in a career in Actuarial Science and are considering studying at the University of Ghana, Legon, this comprehensive guide will provide you with all the information you need to make an informed decision.

What is Actuarial Science?

Actuarial Science is a field that involves using mathematical models and statistical methods to evaluate and manage financial risks. 

Actuaries use their expertise to analyze data and help organizations make informed decisions about insurance, pensions, and investments.

Why Study Actuarial Science at the University of Ghana, Legon?

The Actuarial Science program at the University of Ghana, Legon, is designed to provide students with the knowledge and skills needed to succeed in this rapidly growing field. 

The program is rigorous and challenging, with a strong emphasis on mathematics, statistics, and finance.

Students in the program are taught by world-class faculty members who are experts in their respective fields. 

The department also offers state-of-the-art facilities, including a well-equipped computer laboratory and a library with an extensive collection of books and journals.

The curriculum is designed to prepare students for the professional examinations required to become a qualified actuary. The program covers topics such as probability theory, financial mathematics, and risk management.

Career Opportunities in Actuarial Science

Actuarial Science is a highly lucrative field, with excellent job prospects for qualified professionals. Graduates of the Actuarial Science program at the University of Ghana, Legon, are in high demand and can find employment in a variety of industries, including insurance, banking, and investment management.

Actuaries typically work in the following areas:

Insurance

Actuaries in the insurance industry use statistical models to analyze risks and determine premiums for insurance policies. They also help insurance companies manage their financial risks by developing investment strategies and setting reserves.

Banking

Actuaries in the banking industry help banks manage their financial risks by developing and implementing risk management strategies. They also work closely with other departments, such as investment banking and wealth management.

Investment Management

Actuaries in the investment management industry use their expertise to help clients manage their investment portfolios. They use statistical models to analyze risks and make informed investment decisions.

Entry Requirements

The University of Ghana has specific entry requirements for the Bachelor BSc Actuarial Science program, depending on the applicant's qualifications.

WASSCE / SSSCE Applicants

For West African Senior School Certificate Examination (WASSCE) or Senior Secondary School Certificate Examination (SSSCE) qualifications, applicants must have passes in Core English, Core Mathematics, Integrated Science, and three elective subjects, including Mathematics, Physics, and either Chemistry or Economics. 

A total aggregate of 12 or better is required for WASSCE candidates. The cut-off point for BSc Actuarial Science at Legon is 10.

A-Level Applicants

Applicants with GCE A-Level qualifications, they must have passes in Mathematics and Physics, with a minimum of grade C in both subjects.

Mature Applicants

Mature applicants who are 25 years or older and have relevant work experience must have a minimum of five years of relevant work experience and pass a qualifying examination in Mathematics, English, and Science.

Conclusion

Overall, the Actuarial Science at Legon is an excellent choice for students interested in pursuing a career in actuarial science. 

The program is rigorous and comprehensive, providing students with a strong foundation in the principles of actuarial science. 

The program's structure ensures that students are well-equipped to meet the demands of the field, and the entry requirements guarantee that only qualified candidates are admitted.