Qassim University

Saudi Arabia
1 Scholarships 118 Programs 4 Degree levels

The Bachelor of Science in Actuarial Mathematics at Qassim University is a four-year undergraduate degree that develops mathematical, statistical and financial skills applied to risk assessment in insurance, pensions, finance and related sectors. It suits students with strong mathematical ability who intend to pursue professional actuarial qualifications or analytical roles in risk and data-driven industries.

What you'll study

This programme combines core mathematics and statistics with specialised actuarial subjects, computing and applications in finance and insurance. The curriculum emphasises both theory and practical problem solving so you can model and quantify financial and demographic risk.

  • Core mathematics: calculus, linear algebra, real analysis and numerical methods to build a rigorous foundation.
  • Probability & statistics: probability theory, mathematical statistics, regression, time series and survival analysis.
  • Actuarial modules: life contingencies, survival models, risk theory, pension mathematics, credibility theory and loss models.
  • Financial mathematics: interest theory, pricing of financial instruments, derivatives and portfolio theory.
  • Stochastic processes & modelling: Markov chains, Poisson processes and stochastic modelling for insurance and finance.
  • Computing & data skills: programming (commonly R and Python), simulation, database handling and use of actuarial software for reserving and pricing.
  • Professional development: preparation for professional actuarial examinations, ethics, communication and report writing; practical projects and case studies.
  • Final-year project: an individual research or applied project where you apply actuarial methods to a real-world problem, often linked to industry partners.

Entry requirements

Typical entry requires a secondary school completion certificate equivalent to the Saudi Tawjihiyah with strong results in mathematics. Applicants are expected to have a strong quantitative background; physics and further mathematics at secondary level are advantageous.

  • Academic: secondary school diploma with high achievement in mathematics. International applicants must present an equivalent recognised qualification.
  • Language: instruction is often Arabic with some modules or materials in English; applicants should have sufficient proficiency in the teaching language. Evidence of English language ability may be requested for students who will study English-medium modules.
  • Other: some programmes may require an entrance assessment or interview to evaluate mathematical aptitude. Mature applicants with relevant experience may be considered through the university's admission policies.

Career prospects

Graduates are equipped to enter actuarial and analytical roles across insurance, pensions, banking, investment and risk management. The degree prepares you for actuarial professional exams and for roles that increasingly value data science and predictive modelling skills.

  • Actuarial analyst roles in life, health and general insurance companies.
  • Pensions analyst and consulting positions with actuarial consultancies or corporate pension schemes.
  • Risk management and capital modelling roles in banking and financial institutions.
  • Data analyst, pricing analyst or quantitative analyst roles leveraging statistical and programming skills.
  • Further study options include professional actuarial qualifications, MSc programmes in actuarial science, statistics, financial mathematics or related disciplines.

Why study at Qassim University

Qassim University is a well-established public university serving the Qassim region with a strong science faculty and programmes tailored to regional labour market needs. The actuarial mathematics programme draws on experienced faculty in mathematics, statistics and finance and emphasises practical skills valued by employers.

  • Access to computing labs and statistical software used in actuarial practice, and opportunities to learn programming for data analysis and modelling.
  • Curriculum designed to align with professional actuarial topics and to support students preparing for industry examinations.
  • Opportunities for internships and collaboration with local and national insurance and financial firms, helping to bridge study and employment.
  • Support services including academic advising, career guidance and research supervision for final projects.

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Programme details are indicative and may change — always verify current information with the official university website before applying.