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.
Professional Application

We can apply mathematical and statistical methods for assessment of financial and other risk relating factors to various contingent events and for the scientific valuation of financial products in the fields of insurance, banking, retirement, investments, etc.

We scrutinize past events, assess the present risks involved, and model what could happen in the future. We work on projects by using mathematical, statistical and financial techniques. We work to minimize the risk factor in the financial sector. We can model the financial data with the touch of probability to predict the future, by using these analyses with the right flavour of finance; we can make the financial sense of future.

As regards our graduates, after four years of education and training in this BS program, they are now skilled in various financial and statistical techniques including:

  • Survival and Investment Analysis
  • Portfolio Management
  • Asset Liability Management
  • Market risk
  • Credit Risk Management & Measurement
  • Time Series Analysis
  • Forecasting of Credit Loss
  • Credit Rating Development
  • Risk Modeling
  • Econometric Models
  • Forecasting and Actuarial Modeling
  • VaR (Value at Risk)
  • Takaful, Murabaha, Ijarah, Mudarabah and etc.
  • Bancassurance