University · Lagos State
Admission requirements for Actuarial Science at University Of Lagos, Lagos State, Lagos State.
Five O/Level credit passes in English Language, Mathematics, Economics, and any two (2) of Financial Accounting, Data Processing, Further Mathematics, CRS, IRS, Geography, Government, Biology, Chemistry, Physics, Commerce, Civic Education, Insurance.
Actuarial Science is a rigorous mathematical discipline that equips students with advanced skills in statistics, probability, financial mathematics, and risk analysis. Students study core areas including life and general insurance, pension mathematics, investment theory, demography, and econometrics, blending quantitative techniques with business principles to model and manage financial uncertainty. Graduates are well-positioned to pursue careers as actuaries in insurance companies, pension fund administrators, commercial banks, and consultancy firms across Nigeria. The profession is regulated internationally through bodies such as the Institute and Faculty of Actuaries (IFoA) and the Casualty Actuarial Society (CAS), while locally, the Nigerian Council of Registered Insurance Brokers (NCRIB) and the National Insurance Commission (NAICOM) provide regulatory frameworks that shape professional practice within the Nigerian financial services industry.