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Program Details

Bachelor of Science in Mathematical Actuarial and Financial

The program was introduced in the year 1446 AH and contributes to the preparation of scientifically qualified professionals.

About The Academic Program

Nature and Goals of the Program

The specialization aims to meet the needs of the labor market in the fields of actuarial and financial mathematics by offering an educational program that aligns with modern quality and technology standards. It also contributes to research development. The program seeks to prepare graduates specialized in actuarial and financial mathematics who can contribute to development programs in both the public and private sectors, in line with Vision 2030. Additionally, it aims to fulfill the labor market demand for academically and professionally qualified female citizens.

Career opportunities

Insurance Pricing Risk Assessment Investment Risk Analyst Actuarial and Financial Analyst Actuarial and Financial Expert

Program Information

College of Science
Department of Mathematical Sciences
Major Mathematical Actuarial and Financial
Academic degree Bachelor of Science in Mathematical Actuarial and Financial
Language of instruction English
Duration 4 Years

Program Details

  1. To prepare graduates with knowledge and skills in actuarial and financial mathematics, contributing to the achievement of Vision 2030
  2. To support the labor market with highly skilled professionals to meet diverse needs
  3. To enhance graduates' capabilities for continuous learning, pursuing higher studies, and supporting scientific research.
  4. To qualify graduates capable of applying diverse skills in various fields, contributing to the Kingdom’s Vision and sustainable development
  1. Graduates will be qualified with knowledge and skills in actuarial and financial mathe
Levels Course Code Course Title Credit Pre-Requisite
Level One BIO 101 General Biology 3 —
Level One CS 242 Computer Programming 4 —
Level One ENG 101-1 English language (1) 3 —
Level One MATH 101 Calculus(1) 3 —
Level One MATH 161 General Statistics 3 —
Level Two ENG 102-2 English language (2) 3 ENG101-1OR ( ENG101AND ENG102 )
Level Two CHEM 101 General Chemistry (1) 3 —
Level Two MATH 131 Foundation of mathematics 6 —
Level Two Math 102 Calculus(2) 6 MATH101OR MATH101T
Level Two PHYS 101 General Physics (1) 3 —
Level Three MATH 107 Multivariable Calculus 4 Math102
Level Three MATH 242 Principles of Linear Algebra 4 MATH101OR MATH101T
Level Three ACCT 201 Principles of Financial Accounting 3 —
Level Three ECON 201 Principles of Microeconomics 3 —
Level Four ACHT 271 Financial and Actuarial Mathematics 3 ACCT201OR ACCT102T
Level Four ACHT 272 Financial Derivatives 3 —
Level Four FIN 204 Principles of Finance 3 ACCT201OR ACCT102TOR ACCT103M
Level Four STAT 141 Statistical Methods 3 ( MATH161AND CS242
Level Four STAT 221 Probability Theory with Applications 4 ( MATH161AND MATH107
Level Five STAT 242 Regression Analysis 3 STAT141AND MATH242
Level Five STAT 314 Modeling and Simulation 4 —
Level Five ACHT 373 Actuarial Mathematics (1) 4 FIN204
Level Five ECON 202 Principles of Macroeconomics 3 ECON101MOR ECON101TOR ECON201OR MT101OR DBE120
Level Six STAT 345 Applied Time Series Analysis 3 STAT242

University Compulsory Requirements

Course Code Course Title Credit
GNR 070 Ethics and Islamic Values 2
GNR 071 Islamic Banking and Economics 2
GNR 072 Community Building in Islam 2
ENG 101 English Language (1) 3
ENG 102 English Language (2) 3

University Elective Requirements

Course Code Course Title Credit
GNR 020 Communication Skills 2
GNR 021 Creative Writing 2
GNR 022 Writing Academic Reports 2
GNR 023 Emotional Intelligence Course 2
GNR 030 Basics of Entrepreneurship 2
GNR 031 Principles of Projects Management 2
GNR 032 Giftedness and Mental Superiority 2
GNR 033 Principles of E-Commerce 2
GNR 034 Financial Literacy 2
GNR 035 Leadership and Change Management 2
GNR 050 Health Awareness 2
GNR 051 Poetry and Prose in Arabic Literature 2
GNR 052 Well-Being and Quality of Life 2
GNR 053 Fitness and Sport Science 2
GNR 060 Sustainable Development 2
GNR 061 Global Citizenship 2
GNR 062 Lifelong Learning Skills 2
GNR 063 Sustainable Ecosystems 2
GNR 064 Global Citizenship 2
GNR 010 History of Kingdom of Saudi Arabia and its Pioneering Role 2
GNR 011 Community Building in Islam 2
GNR 012 Good Citizenship Values 2
GNR 013 Saudi Arts and Heritage 2
GNR 015 Studies in Saudi Literature 2
GNR 040 Computer Skills and Information Technology 2
GNR 041 Basics of Programming 2
GNR 042 Data Analysis and Management 2
GNR 046 Artificial Intelligence For Healthcare Disciplines 2
GNR 047 Artificial Intelligence For Scientific Discipines 2
GNR 048 Artificial Intelligence For Humanities Disciplines 2

College Elective Requirements

Course Code Course Title Credit
Cult 2201 Health Education 2
ENGL 204 Reading and Translation of Scientific Texts 2
ISLS 205 Scientific Miracles in Qur'an and Sunnah 2
MPH 242 Health Education 2
NUR 201 Sociology of Health & Illness 2
NUR 206 Health Education 2
NUR 251 Introduction to Professional Nursing 2
Cult 2101 Health Education 2

Elective Specialization Requirements

Course Code Course Title Credit
MATH 346 Introduction of Number theory 3
MATH 384 Real Analysis 3
STAT 231 Sampling Theory of Survey 3
LAW 461 Saudi Labor law 3
MATH 347 Cryptography of Data 3
Math 106 Maths for Business 3
ACHT 376 Monetary and financial theories and policies 3
ECON 312 Money & Banking 3
MATH 348 Logic for designing algorithms 3
ACHT 452 Insurance and Annuities 3
ACHT 479 Financial economics models 3
Econ 361 Mathematical Methods for Economics 3
MATH 449 formal concept and fuzzy logec 3

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