BA in Actuarial mathematics Undergraduate Program By Al-Farabi Kazakh National University |Top Universities
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# 301-350QS Subject Rankings

Scholarship

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Main Subject Area

MathematicsMain Subject Area

Program overview

Main Subject

Mathematics

Degree

BA

Study Level

Undergraduate

Study Mode

On Campus

High-quality training of competitive specialists for research institutions in the financial and insurance sectors, capable of solving professional problems and building various mathematical and economic models for making managerial decisions based on fundamental mathematical knowledge.
ON 1. To demonstrate mathematical literacy, logical thinking and knowledge of basic concepts and laws of mathematics, to know mathematical language in the subject area; ON 2.Find methods for solving practical problems in new and unfamiliar contexts based on mathematical methods; ON 3Use mathematical methods of programming and participate in the development of new programs to optimize computing processes and planning in production and services; ON 4. Analyze mathematical models and justify the correctness of the choice of the problem-solving method (analytical, numerical, laboratory experiment); ON 5. Summarize the results of research and analytical work in the relevant fields of science in the form of participation in research conferences; ON 6. Apply fundamental concepts and methods of financial and actuarial mathematics in the calculation of current and accumulated values for various cash flows as a basis for future use in the formation of reserves, reserves assessment, pricing and evaluation of conditional cash flows; ON 7.To choose and apply modern mathematical methods in solving problems of natural science; to Solve theoretical and applied problems of natural science; ON 8.Participate in the development and improvement of life insurance products; Use the theory of life insurance and co-insurance; ON 9. Participate in the development and improvement of health insurance products; Make mathematical models of the object on the basis of the principles and tools of mathematical methods; ON 10. Participate in the development and improvement of General insurance products. To use the theory of co-insurance; ON 11. Participate in the development and improvement of pension system products and investments. To create applications to software packages for optimization of professional activity in the studied fields of Sciences (pension plans), to carry out forecast calculations, to estimate accuracy and reliability of results of modeling; ON 12. To work in a team, to argue for the correctness of the choice of solutions to mathematical and statistical problems; to critically evaluate their activities, the activities of the team and be able to self-education and self-development.

Program overview

Main Subject

Mathematics

Degree

BA

Study Level

Undergraduate

Study Mode

On Campus

High-quality training of competitive specialists for research institutions in the financial and insurance sectors, capable of solving professional problems and building various mathematical and economic models for making managerial decisions based on fundamental mathematical knowledge.
ON 1. To demonstrate mathematical literacy, logical thinking and knowledge of basic concepts and laws of mathematics, to know mathematical language in the subject area; ON 2.Find methods for solving practical problems in new and unfamiliar contexts based on mathematical methods; ON 3Use mathematical methods of programming and participate in the development of new programs to optimize computing processes and planning in production and services; ON 4. Analyze mathematical models and justify the correctness of the choice of the problem-solving method (analytical, numerical, laboratory experiment); ON 5. Summarize the results of research and analytical work in the relevant fields of science in the form of participation in research conferences; ON 6. Apply fundamental concepts and methods of financial and actuarial mathematics in the calculation of current and accumulated values for various cash flows as a basis for future use in the formation of reserves, reserves assessment, pricing and evaluation of conditional cash flows; ON 7.To choose and apply modern mathematical methods in solving problems of natural science; to Solve theoretical and applied problems of natural science; ON 8.Participate in the development and improvement of life insurance products; Use the theory of life insurance and co-insurance; ON 9. Participate in the development and improvement of health insurance products; Make mathematical models of the object on the basis of the principles and tools of mathematical methods; ON 10. Participate in the development and improvement of General insurance products. To use the theory of co-insurance; ON 11. Participate in the development and improvement of pension system products and investments. To create applications to software packages for optimization of professional activity in the studied fields of Sciences (pension plans), to carry out forecast calculations, to estimate accuracy and reliability of results of modeling; ON 12. To work in a team, to argue for the correctness of the choice of solutions to mathematical and statistical problems; to critically evaluate their activities, the activities of the team and be able to self-education and self-development.

Tuition fee and scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
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Where to look for scholarship opportunities

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How to apply to scholarships relevant to you

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A list of available scholarships around the world

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More programs from the university

Al Farabi Kazakh National University (KazNU) offers 134 bachelor degree programs at 16 faculties, which are among the leaders in the national subject ranking in Kazakhstan. Students can join undergraduate programs in a wide range of disciplines, from the sciences (chemistry, geography, mathematics and physics) through to humanities, law, IR, languages, and journalism. Students can also select from several joint double degree programs with the leading universities from around the world.   The university bachelor degree programs train students to be critical thinkers, well-rounded lifelong learners and future leaders in their specialties. Most of the undergraduate programs of KazNU are accredited by accrediting agencies such as ASIIN, FIBAA, AQ, and ACQUIN.

Undergraduate international students usually study for four years at the individual faculties. Undergraduate study at KazNU includes lectures, seminars and laboratory work carried out in university faculties and departments. KazNU has no quotas for international admissions and around 10 percent of applicants are international students and the number increases every year.

The international admission period runs during the summer for the current academic year. International applicants register at the dedicated website, and prospective students must pass foreign language test in advance.   The application process is broadly the same for international and national students, and the university accepts school qualifications from many different countries.

Tuition fees are currently set by the university at a very competitive level. The tuition fees do not include accommodation or board.

All students find themselves in an innovative educational environment and they have access to the specialized libraries and computer facilities including access to
KazNU’s super-computer as well as to the university technopark, business incubator and startup seed capital provided by the university, businesses and other entities in the country. Every year university students can study in the world’s leading universities within the framework of “Academic mobility” program or join international summer schools.

Al-Farabi KazNU offers 268 full master degrees and 140 full PhD wide range programs which help you facilitate your career progression. The University is the main Higher Education University in preparing masters’ and PhD students. During master degree programs students have a chance to take experience in International Summer Schools and Short Intensive Programs. They funded by Ministry of Education and Science of Republic of Kazakhstan. PhD degree students must undergo 2 months international traineeship as a part of their studies. All PhD students can have one local and one international supervisor.

All postgraduate programs of KazNU accredited by Accrediting Degree Programs such as, ASIIN, FIBAA, AQA, ACQUIN. KazNU has drawn up double degree agreements with more than 20 universities and maintains partnerships with around 170 universities worldwide. KazNU embrace a wide range of interrelated disciplines and our programmes of study offer you a high degree of flexibility and choice as well as career relevance.  

Al Farabi KazNU actively involves postgraduate students to work on various innovative projects and programs, including projects conducted jointly with international organizations. For example, in summer 2018 Al Farabi KazNU established the Ban Ki-moon Institute for Sustainable Development by signing MoU with 8 th UN Secretary General Mr. Ban Ki-moon and plans to support research projects related to the implementation of the Sustainable Development Goals (SDGs)

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