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INTRODUCTION

The Department of Statistics and Actuarial Science runs three under-graduate programmes in Statistics and two in Actuarial Science. They are: Single Major in Statistics, Major- Minor in Statistics and Combined Major in Statistics. The other two new programmes in Actuarial Science are: Single Major in Actuarial Science and Major- Minor in Actuarial Science.

 

STATISTICS

The basic qualification for admission into Level 200-400 programmes in Statistics is a pass with at least Grade C  in  Level  100  courses  in  Mathematics  and  Statistics,  that  is,  in  MATH 121  Algebra  and Trigonometry,  MATH  122  Calculus  I,  STAT  111  Introduction  to  Statistics  and  STAT  112

Elementary Probability. Probability is the foundation of Statistics and every Statistics course in the programmes that the Department offers has an element of probability in it. The Department runs Single Major (3:2:1:1), Major-Minor (3:2:2:1) and Combined (3:2:2:2) programmes in Statistics. At  100 Level there are two 3 credit courses that are mandatory for all students who want to progress  to Level 200 with Statistics: MATH 121 Algebra and Trigonometry and MATH 122: Calculus I. To progress to Level 200 Statistics, candidates are required to pass these Level 100 courses.

 

The Social Science and the Science students who opt for any of the programmes on offer in Statistics will attend lectures together and take the same examination papers. Some minimum level of  University Mathematics (Level  100  at  least)  is required  for  a  good  understanding  of the Probability courses (STAT 112 Elementary Probability, STAT 221 Introductory Probability I, STAT  224  Introductory  Probability  II,   STAT  331  Probability  Distributions,  STAT   332

Multivariate  Distributions),     which  are  crucial  to  the  Philosophy  and  Objectives  of  the Department, namely, to focus our Learning and Training Activities on the logic and principles that should guide rational decision making in conditions of uncertainty. This Philosophy equips our students with skills that all employers consider desirable.

 

ACTUARIAL SCIENCE

The basic qualification into Level 200 – 400 programmes in Actuarial Science is a pass in Level 100 courses in Mathematics and Actuarial Science, that is, in MATH 121: Algebra and Trigonometry MATH 122: Calculus I, ACTU 101: Introduction to Statistics and Probability for Actuaries.

 

There will be two offerings:               (i) SINGLE MAJOR in ACTUARIAL SCIENCE and

                                                         (ii) MAJOR – MINOR in ACTUARIAL SCIENCE

                                                        

For the MAJOR – MINOR in ACTUARIAL SCIENCE, Applications from students who want to do the following combinations are particularly welcome:

 

ACTUARIAL SCIENCE (MAJOR) AND

Mathematics (minor), Computer Science (minor), Economics (minor), Finance (minor).

 

PROGRAMME STRUCTURE FOR ACTUARIAL SCIENCE

 

LEVEL  100

First Semester

Course Code

 

Course Code

Course Title

Credits

Core

 

 

UGRC 150

Critical Thinking and Practical Reasoning

3

ACTU 101

Introduction to Statistics and Probability for Actuaries

3

CSCD 101

Introduction to Computer Science I

3

MATH 121

Algebra and Trigonometry

3

ECON 101

Introduction to Economics I

3

Total

15

 

Second Semester

Course Code

Course Title

Credits

Core

 

 

UGRC 110

Academic Writing  I

3

UGRC 130

Understanding Human Society

3

MATH 122

Calculus  I

3

CSCD 102

Introduction to Computer Science II

3

ECON 102

Introduction to Economics II

3

Total

15

 

SINGLE MAJOR IN ACTUARIAL SCIENCE

LEVEL  200

First Semester

Course Code

Course Title

Credits

Core

 

 

UGRC 210

Academic Writing  II

3

STAT  221

Introductory Probability I

3

UGBS 205

Fundamentals of Accounting Methods

3

MATH 221

Algebra

3

MATH 223

Calculus II

3

           Electives (Select   0 – 3  Credits)

ECON 201

Elements of Economics I

3

STAT 223

Elementary Statistical Methods

3

 

Minimum Credits Required

15

 

Second Semester

Course Code

Course Title

Credits

Core

 

 

UGRC 220-238

Introduction to African Studies

3

ACTU  202

Data Analysis and Statistical Computing

3

STAT 224

Introductory Probability II

3

UGBS 208

Introduction to Financial Accounting

3

MATH 224

Introductory Abstract Algebra

3

             Electives (Select   0 – 3  Credits)

ECON 202

Elements of Economics II

3

CSCD 204

Databases

3

 

Minimum Credits Required

15

 

LEVEL  300

First Semester

Course Code

Course Title

Credits

Core

 

 

STAT 331

Probability Distributions

3

FINC 301

Introduction to Business Finance

3

ACTU 303

Introduction to Financial Mathematics

3

ACTU 320

Internship in Actuarial Science

3

MATH 331

Linear Algebra

3

          Total

 

15

  Electives  (Select   3  Credits)

MATH  333

Analysis  I

3

MATH  353

Calculus of Several Variables

3

MATH  355

Discrete Mathematics

3

STAT   333

Statistical Methods I

3

STAT   335

Sample Survey Methods

3

 

Second Semester

 

Course Code

Course Title

Credits

Core

 

 

STAT  332

Multivariate Distributions

3

FINC   302

Business Finance

3

ACTU  304

Life Contingencies

3

ACTU 320

Internship in Actuarial Science

3

MATH  350

Differential Equations I

3

  Total

 

15

             Electives (Select   3  Credits)

MATH  334

Analysis  II

3

FINC  352

Principles and Practice of Insurance

3

CSCD  314

Operations Research

3

STAT  334

Statistical Methods  II

3

LEVEL  400

First Semester

Course Code

Course Title

Credits

Core

 

 

ACTU  403

Elements of Life Insurance

3

FINC   401

Investment Fundamentals

3

ACTU  410

Project

3

          Total

 

9

 

Electives  (Select   6 – 9  Credits)

ACTU 407

Survival Analysis and Modelling

3

ACTU 409

Introduction to Actuarial Mathematics

3

STAT  445

Regression Analysis

3

STAT  451

Introduction to Stochastic Processes

3

STAT  453

Population Statistics

3

STAT  457

Economic and Social Statistics  I

3

MATH  421

Advanced Calculus

3

MATH  435

Introductory Functional Analysis

3

 

Second Semester

Course Code

Course Title

Credits

Core

 

 

ACTU  410

Project

3

ACTU  404

Pensions and Social Security

3

FINC   454

Assurance of the Person

3

  Total

 

9

             Electives (Select   6  Credits)

STAT  458

Economic and Social Statistics II

3

MATH  442

Differential Equation II

3

FINC   452

Property and Pecuniary Insurance

3

FINC   458

Health Insurance

3

 

MAJOR  -  MINOR IN ACTUARIAL SCIENCE

 

LEVEL  200

First Semester

Course Code

Course Title

Credits

Core

 

 

UGRC 210

Academic Writing  II

3

STAT  221

Introductory Probability I

3

UGBS 205

Fundamentals of Accounting

3

             Electives (Select   0 – 3  Credits)

ECON 201

Elements of Economics I

3

STAT 223

Elementary Statistical Methods

3

 

Minimum Credits Required

9

Second Semester

Course Code

Course Title

Credits

Core

 

 

UGRC 220-238

Introduction to African Studies

3

ACTU  202

Data Analysis and Statistical Computing

3

UGBS 208

Introduction to Financial Accounting

3

             (Select   0 – 3  Credits)

ECON 202

Elements of Economics II

3

STAT  224

Introductory Probability II

3

 

Minimum Credits Required

9

LEVEL  300

First Semester

Course Code

Course Title

Credits

Core

 

 

FINC   301

Introduction to Business Finance

3

ACTU  303

Introduction to Financial Mathematics

3

Choose ONE of the following Courses

MATH  355

Discrete Mathematics

3

STAT  335

Sample Survey Methods

3

          Total

 

9

 

Second Semester

Course Code

Course Title

Credits

Core

 

 

FINC   302

Business Finance

3

ACTU  304

Life Contingencies

3

ACTU 320

Internship in Actuarial Practice

1

Choose ONE of the following Courses

CSCD  314

Operations Research

3

FINC   352

Principles and Practice of Insurance

3

  Total

 

10

 

LEVEL  400

First Semester

Course Code

Course Title

Credits

Core

 

 

ACTU  403

Elements of Life Insurance

3

FINC   401

Investment Fundamentals

3

ACTU  410

Project Work

3

          Total

 

9

Electives  (Select   6 – 9  Credits)

ACTU 407

Survival Analysis and Modelling

3

ACTU 409

Introduction to Actuarial Mathematics

3

STAT  445

Regression Analysis

3

STAT  453

Population Statistics

3

STAT  457

Economic and Social Statistics  I

3

 

 

 

 

 

 

 

SECOND SEMESTER

 

Course Code

Course Title

Credits

Core

 

 

ACTU  410

Project Work

3

ACTU  404

Pensions and Social Security

3

  Total

 

6

             Electives (Select   9  Credits)

FINC  454

Assurance of the Person

3

STAT  458

Economic and Social Statistics II

3

FINC   452

Property and Pecuniary Insurance

3

FINC   458

Health Insurance

3

 

PROGRAMME STRUCTURE FOR STATISTICS

 LEVEL 100                

FIRST SEMESTER

Code

Title

Credits

UGRC 150

Critical Thinking and Practical Reasoning

3

STAT 101

Introduction to Statistics

3

MATH 121

Algebra and Trigonometry

3

MATH 123

Vectors and Geometry

3

Select 3 credits

CSCD 101

Introduction to Computer Science I

3

PSYC 101

Elements of Psychology

3

Total

15

 

SECOND SEMESTER

Code

Title

Credits

URGC 110

Academic Writing I

3

UGRC 130

Understanding Human Society

3

MATH 122

Calculus I

3

MATH 124

Mechanics

3

STAT 102

Elementary Probability

3

Select 3 credits

CSCD 102

Introduction to Computer Science II

3

PSYC 102

Psychology for Everyday Living

3

Total

15

 

 

 

 

 

 

 

SINGLE MAJOR IN STATISTICS

 

LEVEL 200

 

FIRST SEMESTER

 

Core

 

Course Code

Course Titles

Credits

UGRC 210/220-238

Academic Writing II/ Introduction to African Studies

3

STAT 221

Introductory Probability I

3

STAT 223

Elementary Statistical Methods

3

MATH 223

Calculus II

3

MATH 221

Algebra

3

Total

                 

15

*Note: Students to choose 1 UGRC course

 

SECOND SEMESTER

 

Core

 

Course Code

Course Title

Credits

UGRC 210/ 220-238

Academic   Writing   II/ Introduction to African Studies

3

STAT 222

Data Analysis I

2

STAT 224

Introductory Probability II

3

STAT 226

Official Statistics

2

Total

 

10

*Note: Students to choose 1 UGRC course

 

LEVEL 300

 

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 331

Probability Distributions

3

STAT 333

Statistical Methods I

3

STAT 335

Sample Survey Methods

3

MATH 331

Linear Algebra

3

Total

 

12

Electives (Select 3-6 credits)

MATH 333

Analysis I

3

MATH 353

Calculus of Several Variables

3

MATH 355

Discrete Mathematics

3

 

 

 

 

 

 

SECOND SEMESTER

Core

Course Code

Course Title

Credits

STAT 332

Multivariate Distributions

3

STAT 334

Statistical Methods

3

STAT 336

Design of Experiments

3

MATH 350

Differential Equations I

3

Total

 

12

Electives (Select 3-6 credits)

MATH 334

Analysis II

3

CSCD 304

Design and Analysis of Algorithms

3

CSCD 312

Operating Systems

3

 

LEVEL 400

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 443

Theory of Sampling

3

STAT 445

Regression Analysis

3

STAT 450

Project

3

Total

 

9

Electives (Select 6-9 credits)

STAT 441

Statistical Inference: Estimation

3

 

STAT 447

Non-Parametric Statistics

3

STAT 451

Introduction to Stochastic Processes

3

STAT 453

Population Statistics

3

STAT 455

Actuarial Statistics I

3

STAT 457

Economic and Social Statistics I

3

STAT 440

Data Analysis II

3

MATH 421

Advanced Calculus

3

MATH 435

Introductory Functional Analysis

3

 

SECOND SEMESTER

Core

Course Code

Course Title

Credits

STAT 444

Survey Organization and Management

3

STAT 450

Project Work

3

Total

 

6

Electives (Select 9 credits)

 

STAT 442

Statistical Inference: Tests of Hypothesis

3

STAT 444

Survey Organization and Management

3

STAT 446

Multivariate Methods

3

STAT 448

Analysis of Experimental Designs

3

STAT 456

Actuarial Statistics II

3

STAT 458

Economic and Social Statistics II

3

MATH 422

Integration Theory and Measure

3

MATH 442

Differential Equation II

3

 

MAJOR-MINOR IN STATISTICS

 

LEVEL 200

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

UGRC 210/220

Academic Writing II/Liberal and African Studies

3

STAT 221

Introductory Probability I

3

STAT 223

Elementary Statistical Methods

3

Total

 

9

*Note: Students to choose 1 UGRC course

 

SECOND SEMESTER

Core

 

Course Code

Course Title

Credits

UGRC 210/220

Academic Writing II/ Liberal and African Studies

3

STAT 222

Data Analysis I

2

STAT 224

Introductory Probability II

3

STAT 226

Official Statistics

2

Total

 

10

*Note: Students to choose 1 UGRC course

 

LEVEL 300

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 331

Probability Distributions

3

STAT 333

Statistical Methods I

3

STAT 335

Sample Survey Methods

3

Total

 

9

 

SECOND SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 332

Multivariate Distributions

3

STAT 334

Statistical Methods II

3

STAT 336

Design of Experiments

3

Total

 

9

 

 

 

 

 

 

 

LEVEL 400

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 443

Theory of Sampling

3

STAT 445

Regression Analysis

3

STAT 450

Project

3

Total

 

9

Electives (Select 6-9 credits)

STAT 441

Statistical Inference Estimation

3

STAT 447

Non-Parametric Statistics

3

STAT 451

Introduction to Stochastic Processes

3

STAT 453

Population Statistics

3

STAT 455

Actuarial Statistics I

3

STAT 457

Economic and Social Statistics I

3

STAT 440

Data Analysis II

3

 

SECOND SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 444

Survey Organization and Management

3

STAT 450

Project

3

Total

 

6

Electives (Select 9 credits)

STAT 442

Statistical Inference: Tests of Hypothesis

3

STAT 446

Multivariate Methods

3

STAT 448

Analysis of Experimental Designs

3

STAT 454

Biometrics

3

STAT 456

Actuarial Statistics II

3

STAT 458

Economic and Social Statistics II

3

 

 

COMBINED MAJOR STATISTICS

 LEVEL 200

 FIRST SEMESTER

 Core

 

Course Code

Course Title

Credits

UGRC 210/220

Academic Writing II/Liberal and African Studies

3

STAT 221

Introductory Probability I

3

STAT 223

Elementary Statistical Methods

3

Total

 

9

*Note: Students to choose 1 UGRC course

 

 

 

 

SECOND SEMESTER

Core

 

Course Code

Course Title

Credits

UGRC 210/220

Academic Writing II/ Liberal and African Studies

3

STAT 222

Data Analysis I

2

STAT 224

Introductory Probability II

3

STAT 226

Official Statistics

2

Total

 

10

*Note: Students to choose 1 UGRC course

 

LEVEL 300

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 331

Probability Distributions

3

STAT 333

Statistical Methods I

3

STAT 335

Sample Survey Methods

3

Total

 

9

 

SECOND SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 332

Multivariate Distributions

3

STAT 334

Statistical Methods II

3

STAT 336

Design of Experiments

3

Total

 

9

 

LEVEL 400

FIRST SEMESTER

Core

 

Course Code

Course Title

Credits

STAT 443

Theory of Sampling

3

STAT 445

Regression Analysis

3

Total

 

6

Electives (Select 3-6 credits)

STAT 441

Statistical Inference Estimation

3

STAT 447

Non-Parametric Statistics

3

STAT 450

Project

3

STAT 451

Introduction to Stochastic Processes

3

STAT 453

Population Statistics

3

STAT 455

Actuarial Statistics I

3

STAT 457

Economic and Social Statistics I

3

STAT 440

Data Analysis II

3

 

 

SECOND SEMESTER

 

Course Code

Course Title

Credits

Electives (Select 9 credits)

STAT 442

Statistical Inference: Tests of Hypothesis

3

STAT 444

Survey Organization and Management

3

STAT 446

Multivariate Methods

3

STAT 448

Analysis of Experimental Designs

3

STAT 450

Project

3

STAT 454

Biometrics

3

STAT 456

Actuarial Statistics II

3

STAT 458

Economic and Social Statistics II

3