Actuarial Science & Risk Management, Department of Statistics, University of Karachi
>  Admissions open for BS Actuarial Sciences & Risk Management, 2011. For more details click here.      >  The Wall Street Journal reports that actuaries landed at the top spot of a newly released study ranking the 200 best and worst jobs in the U.S. (Jan. 5, 2010). For more details click here.      >  Actuarial Sciences & Risk Management program of University of Karachi got VEE exemptions from SOA for more details click here.      >  Congratulations to Syed Habib ur Rehman, who has successfully transferred his credits to Queens College New York, for more details click here.

Computing plays a pivotal role in the study and application of modern statistics and Actuarial Science. Consequently, it is used extensively in many of the departmentís courses. The use of computer softwares in the statistical and actuarial science syllabus has allowed for the introduction of much more creativity and insight on the part of the student when carrying out data analysis. In addition, realistic large and complex data sets can be analyzed. Knowledge of computing is now assumed by potential employers of statisticians and actuaries.

The Department of Statistics has excellent computing facilities for faculty, staff, and student use. There are a number of labs available in the department for the students. Departmental access to university computing facilities is provided through the campus networks, accessed locally by using both PCs.

The department has as a fundamental component, the use of mathematical or statistical software. To facilitate the students we have classes that instruct students on computing issues unique to problems in mathematics and statistics. Some faculty in the department is active in research areas that solve computational problems in mathematics and statistics.

The faculty and students are currently witness to many new and exciting changes within our curriculum, research community and facilities. The department operates its own computer facility housed in the department. The labs are equipped with 100 Pentium 4 3.0 GHz with ability to handle 64 bit environment, all of which are linked to 4 servers. Computer labs are equipped with over-head projectors, multimedia projectors and a sound system. One lab is equipped with a scanner attached to 2 computers. Ten fast dot matrix printers are available for students to print their assignments and reports. Laser printers are also available for high quality printing.