Actuarial and Financial Mathematics — study plan

Imam Mohammad Ibn Saud Islamic University College of Sciences

Credit hours: 144
Levels: 8
Courses: 45
Degree: bachelor

The Actuarial and Financial Mathematics study plan at Imam Mohammad Ibn Saud Islamic University is an accredited bachelor programme spanning about 4 years (8 academic levels), requiring 144 credit hours across 45 courses of required and elective study. The table below lists the courses and their credit hours for each level.

Level 1 18 credits

Code	Course	Credits
MAT1104	Calculus (1)	4
MAT1152	Foundations of Mathematics	3
STA1104	Probability and Statistics (1)	3
ECO1206	Principles of Microeconomics	2
ENG1140	English (1)	2
	University Requirements (1-2)	4

Level 2 18 credits

Code	Course	Credits
MAT1105	Calculus (2)	4
STA1105	Probability and Statistics (2)	3
MAT1244	Math Software	3
ECO1207	Principles of Macroeconomics	2
ENG1195	English (2)	2
	University Requirements (3-4)	4

Level 3 18 credits

Code	Course	Credits
MAT1206	Multivariable Calculus	3
STA1205	Mathematical Statistics	3
STA1221	Introduction to Regression	3
MAT1224	Linear Algebra and Differential Equations	3
QUR1001	The Holy Quran	2
	University Requirements (6-7)	4

Level 4 18 credits

Code	Course	Credits
MAT1254	Introduction to Operations Research	3
AFM1231	Financial Mathematics (1)	3
ACC1319	Introduction to Financial Accounting	3
STA1240	Statistical Packages	3
CS1248	Computer Programming for Science	3
	Free Course	3

Level 5 18 credits

Code	Course	Credits
AFM1343	Actuarial Mathematics (1)	3
AFM1333	Mathematics of Financial Derivatives	3
AFM1344	Actuarial Mathematics Lab (1)	1
STA1335	Statistical Methods for Actuaries	3
FIN1331	Financial Management	3
ACC1320	Introduction to Managerial Accounting	3
	University Requirement 8	2

Level 6 18 credits

Code	Course	Credits
AFM1334	Financial Mathematics (2)	3
AFM1351	Actuarial Risk Theory	3
STA1352	Stochastic Processes for Actuaries	3
FIN1334	Investments	3
AFM1445	Actuarial Mathematics Lab (2)	2
	University Requirements (9-10)	4

Level 7 18 credits

Code	Course	Credits
AFM1444	Actuarial Mathematics (2)	3
AFM1454	Credibility Theory and Loss Distributions	3
STA1427	Time Series Analysis	3
	Elective Course (1)	3
	Elective Course (2)	3
	Free Course	3

Level 8 10 credits

Code	Course	Credits
AFM1497	Field Training	6
AFM1499	Research Project	4

This plan is transcribed from the university's official source. Always confirm the plan approved for your own cohort before registering. Official source

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Frequently asked questions about Actuarial and Financial Mathematics

How many credit hours is Actuarial and Financial Mathematics at Imam Mohammad Ibn Saud Islamic University?

Actuarial and Financial Mathematics at Imam Mohammad Ibn Saud Islamic University requires completing 144 credit hours to graduate, spread across 45 courses.

How many years is Actuarial and Financial Mathematics at Imam Mohammad Ibn Saud Islamic University?

The study plan for Actuarial and Financial Mathematics spans about 4 years (8 levels/semesters) under the approved plan.

What degree does Actuarial and Financial Mathematics award?

Actuarial and Financial Mathematics at Imam Mohammad Ibn Saud Islamic University awards a Bachelor's degree after completing 144 credit hours.