Overview
A King Fahd University of Petroleum & Minerals graduate of the Actuarial Science And Financial Mathematics program is able to contribute to all areas of Saudi Arabian and international financial sectors as well as the government sector where the objective of minimization of risk is the main daily focus.
An actuary is a professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics, financial theory and insurance to study uncertain future adverse events, and decrease the impact of those future loss events. Actuaries are an integral part of the management team of companies that employ them. Their work requires a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk. A graduate typically finds employment in private and government sectors and industry that deals with activities such as investment, insurance, pension funding, financial consulting, or healthcare funding.
Jobs
We believe that KFUPM offers people like you an outstanding opportunity to make your mark as a faculty member and further your academic career in an exciting and dynamic environment. You will enjoy excellent teaching facilities and the chance to teach the top 5% of students in the kingdom. In addition, academics at KFUPM have access to some of the highest funded research programs for in various disciplines of science & engineering anywhere in the world. We also encourage members of faculty to develop individual research projects which could potentially lead to ground-breaking innovations in the energy and high tech sectors.
Programme Structure
Courses include- Financial Mathematics
- Actuarial Science Problem Lab
- Cooperative Work
- Actuarial Contingencies
- Calculus
Key information
Duration
- Full-time
- 48 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
Credits
Delivered
Disciplines
Financial Mathematics Actuarial ScienceWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at King Fahd University of Petroleum & Minerals and/or in Saudi Arabia, please visit Student Insurance Portal.
Other requirements
General requirements
- The student must be a graduate of the High School or High School course system or a Global Curriculum (Natural Sciences) in the same year in which he is applying for admission or the previous year.
- The student must submit a General Aptitude Test (Qudurat) score; the student is entitled to use the test result obtained in the year of admission or the previous two years.
- The student must submit an Achievement Test (Tahisili) score; the student is entitield to use the test result obtained in the year of admission or the previous year.
- The student must submit an English language test and obtain a score of 45 or above in the STEP test or its equivalent in the TOEFL or IELTS tests.
Tuition Fee
-
International
20000 SAR/yearTuition FeeBased on the tuition of 20000 SAR per year during 48 months.
The admission grants Saudi students a scholarship from the government.
Living costs for Dhahran
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.
Scholarships Information
Below you will find Bachelor's scholarship opportunities for Actuarial Science And Financial Mathematics.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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